Global Fire Protection Systems Market in India 2023-2027
Technavio has been monitoring the fire protection systems market in India and is forecast to grow by USD 1580.15 mn during 2022-2027, accelerating at a CAGR of 5.62% during the forecast period. Our report on the fire protection systems market in India provides a holistic analysis, market size, and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by stringent regulations to install fire protection systems, implementation of unified building codes, and rise in the development of commercial infrastructure.
Technavio's fire protection systems market is segmented as below:
By Type
- Fire suppression
- Fire response
- Fire detection
- Fire analysis
By End-user
- Commercial
- Industrial
- Government and institutional
- Residential
This study identifies the significant technological advancements as one of the prime reasons driving the fire protection systems market growth during the next few years. Also, growing demand for automated fire detection and suppression systems and augmented use of deluge systems will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the fire protection systems market in India covers the following areas:
- Fire protection systems market sizing
- Fire protection systems market forecast
- Fire protection systems market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fire protection systems market vendors that include ABC Fire India, Brijbasi Fire Safety Systems Pvt. Ltd., Ceasefire Industries Pvt. Ltd., DeccaLeap Technologies LLP, Etex NV, Fire Fighting Systems AS, Fireaway Inc., HD Fire Protect Pvt. Ltd., Johnson Controls International Plc., Kanadia Fyr Fyter Pvt. Ltd., Magnum Safety India, NewAge Fire Protection Industries Pvt. Ltd., Rajyog Fire Services Pvt. Ltd., Robert Bosch GmbH, Safeguard Industries, Safex Fire Services Ltd., Sayyed Fire System, Smith and Sharks Projects India Pvt. Ltd., Vimal Fire Controls Pvt. Ltd., and Usha Fire Safety Equipments P Ltd.. Also, the fire protection systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.