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Global Fire Suppression Systems Market Report 2021: Manufacturers Focus on End-to-End Support Services – Forecast to 2027

Dublin, March 25, 2021 (GLOBE NEWSWIRE) — The “Fire Suppression Systems – Global Market Trajectory & Analytics” report has been added to’s offering. Despite Legislation & Institution of Strict Fire Safety Measures, Numerous Fire Accidents Worldwide Are Just Waiting to Happen. Fire Suppression Systems to Witness Global Opportunities Rise to US$ 27.5 BillionThe global market for Fire Suppression Systems is expected to slump by -4.7% in the year 2020 in response to COVID-19 induced business and economic challenges and thereafter recover and grow to reach US$ 27.5 billion by the year 2027, trailing a post COVID-19 CAGR of 5.4% over the analysis period 2020 through 2027. While passive methods focus on curbing the happening of fire events by using fire proof materials such as coatings, claddings and cement materials in construction of buildings, active methods rely on manual and automatic technologies integrated with alarm systems, evacuation tools and suppression equipment to identify fire in a site, evacuate people, and control and extinguish the fire. Fire suppression systems provide an effective means to ensure protection against fire. When used in combination with fire alarm systems and smoke detectors, they provide safety to people and aid in minimizing asset damage. Automatic fire suppression systems are basically fire safety equipment, which integrate sensors, detectors and fire suppression materials such as water, gaseous agents, foam, wet agents or dry chemicals to identify a fire event in a building or facility, and extinguish and control spread of fire.With heavy dependence on the construction sector, demand for fire suppression systems is coming under severe pressure as weak economic environment on account of disruptions due to COVID-19 outbreak considerably brings down the momentum in the construction activity in residential, commercial enterprise, hospitality, healthcare, institutional, and industrial sectors. Factors such as supply chains disruptions; shortage of building materials, subcontractors, and workers; and the termination of contracts to control expenses are all wielding considerable pressure on residential as well as non-residential construction projects. Uncertainty in the housing sector as is evident through considerable drop in housing starts and permits clearly demonstrate the headwinds for the industry. While residential segment remains highly affected segment, the industrial and commercial segments also remain affected as the turmoil created by the epidemic remains massive on industrial enterprise operations, commercial enterprise activity and also hospitality and travel & tourism sectors. The slowdown in construction activity coupled with weak economic scenario is likely to lessen the demand for fire suppression systems globally. In the post COVID-19 period, growth will be driven by increased use of IoT in fire safety which has potential to offer immense safety and efficiency benefits. Wireless cellular networks or low-power wide area networks (LPWAN) can seamlessly transmit a wide range of data from IoT devices to help in prevention and suppression of fire. Sophisticated IoT sensors such as heat-proof sensors can resourcefully communicate the origin point of fire, the intensity and nature of fire and the spreading patterns, and also information about occupants in the fire zone. Accurate real-time information about the events going on at the hazard site empowers streamlined and synchronized firefighting and evacuation efforts, while potentially reducing the property damage and human casualties. Furthermore, IoT-enabled personal alert safety system allows detection of firefighter motion through an acoustic transmitter that functions as a beacon to precisely locate the firefighter. Such IoT monitoring systems may potentially incorporate sensors to gauge body temperature, heart rate, volume flow rate, gas pressure, and acoustic impact, among others. Also, environment friendly sophisticated watermist fire suppression systems will come to the fore to substantially improve the fire safety in residential buildings. Watermist systems use small droplets of water and enhance the surface area of the suppressant material to help reduce the oxygen and temperature at the flame front of the fire, eventually curbing the spread of the fire. Watermist consumes much of the energy of fire while converting water into steam, thereby minimizing the room temperature in the region of the fire. The technology produces large amounts of inert steam and minimizes smoke and toxic gases locally, by bringing down temperatures, eliminating oxygen, and slowing the oxidation reactions of the fire. Key Topics Covered: I. METHODOLOGYII. EXECUTIVE SUMMARY1. MARKET OVERVIEW Impact of Covid-19 and a Looming Global RecessionSprinkler Systems Installations to Change amid Re-opening of OfficesFire Safety & Security: An Introductory PreludeManual & Automatic Technologies for Comprehensive Fire Safety Strategy: A SnapshotIntroductionSelect Fire Event Related Stats Highlighting the Importance of Fire Suppression SystemsDeveloped Markets: Key Revenue ContributorsDeveloping Markets to Drive Future Market GrowthCompetitionManufacturers Focus on End-to-End Support ServicesAsian Companies Seek to Expand Business FootprintWorld Brands 2. FOCUS ON SELECT PLAYERS (Total 224 Featured): AFEX Fire Suppression SystemsAPi Group Inc.Carrier Global CorporationChubb Fire & Security Ltd.Kidde Fire SystemsMarioff Corporation OyEusebi Impianti s.r.lFike CorporationFireboy- Xintex LLCHalma plcHochiki CorporationJohnson Controls International PlcJomarr Products, Inc.Minimax GmbH & Co. KGNAFFCO FZCOSemco Maritime A/SSiemens Building Technologies 3. MARKET TRENDS & DRIVERS Innovations Drive Momentum in Fire Suppression MarketFocus Grows on Sustainable TechnologiesSmart Systems Evolve to Rejuvenate GrowthFuture Evolution of Fire Suppression SystemsNext-Generation Smoke DetectorsInnovative Fire Safety Applications in PipesHigh-Rise, Modular Buildings Drive Space-Saving Innovations in Fire Suppression MarketIoT Gains Traction in Fire Suppression TechnologiesAutomatic Fire Extinguishing Systems Best for Heavy Machinery ProtectionFire Suppression Systems Crucial to Prevent Major Service Interruptions in Modern Data Center OperationsExpanding Role of Fire Protection Engineering in Building Architecture Generates OpportunitiesRegulations and Building Codes Support Proliferation of Fire Suppression SystemsWater Based Systems: The Largest Market SegmentWet Pipe Systems Continue to Widen Audience BaseDry Pipe Systems Ideal for Structures Characterized by Sub-Zero TemperaturesDesign, Functional & Cost Limitations Hamper Adoption of Dry Pipe SystemsPre-Action Systems Gain Traction in Water-Leakage Sensitive EnvironmentsDeluge Sprinkler Systems for High-Hazard SitesWater Mist Systems Burn Bright in Fire Safety Technology IndustryNew Watermist Technologies Improve Fire SafetyGaseous Fire Suppression for Cleaner and Effective Suppression of FireSelect Gaseous Fire Suppression Agents by Mechanism Type: A SnapshotClean Agents Make Rapid Progress Following Phase-Out of Virgin HalonsF-Gas Regulation Curtail HFC-based Gaseous SystemsCO2 Systems for Fast, Highly Adaptive, Non-Damaging & Eco-Friendly Fire SuppressionPFAS Free Foams to Increasingly Replace PFAS Based Foams in Fire Suppression Systems for Industrial FacilitiesSpecialty Systems Aim to Expand Market ShareDrive towards Smart Home to Trigger ExpansionHigh Thrust on Building Automation Augments Market ProspectsTechnologies Used in Building Automation Systems (BAS) by Application Area: A SnapshotEmerging IoT Technologies Enhance Fire Safety in Smart CitiesHospitals Integrate Fire Suppression in Building Security MixRise in Use of Advanced Fire Safety Systems in HospitalsFire Suppression Systems Assume Critical Importance in Industrial Manufacturing SitesWarehouses & Logistics Sites Prioritize Fire Suppression to Avoid Inventory LossesFlammable Nature of Hydrocarbons Necessitates Fire Suppression in Oil & Gas FacilitiesMuseums, Historic Buildings & Heritage Sites Extend Potential OpportunitiesGrowth in Demand in the Transportation SectorFire Suppression Systems Seek Role in the Airport Security MixEducation Sector: A Lucrative End-Use Sector 4. GLOBAL MARKET PERSPECTIVEIII. MARKET ANALYSIS GEOGRAPHIC MARKET ANALYSISUNITED STATESMarket OverviewRecovery in Construction Sector to Boost GrowthSprinkler Systems Gain from AdvancementsDemand for Water Mist Systems on RiseCANADAJAPANCHINAEUROPEFRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPEASIA-PACIFICAUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICA IV. COMPETITION Total Companies Profiled: 208 For more information about this report visit CONTACT: CONTACT: Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900