Fire Detection Equipment Market 2021: Global Growth, Trends And Forecast


Posted September 4, 2021 by ramacharitbrc

The major players covered in the global fire detection equipment market are Johnson Controls, Honeywell International, United Technologies, Siemens.... @ @ https://bit.ly/3jBpaVy

 
Fire Detection Equipment Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the fire detection equipment industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected fire detection equipment market growth numbers 2021-2030.
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https://www.thebusinessresearchcompany.com/report/fire-detection-equipment-global-market-report

The Fire Detection Equipment Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global fire detection equipment market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Fire Detection Equipment Global Market Report 2021 covers fire detection equipment market drivers, fire detection equipment market trends, fire detection equipment market growth rate, fire detection equipment market major players, player-adopted strategies in the market, and fire detection equipment market size.

The global fire detection equipment market is expected to grow from $39.12 billion in 2020 to $41.87 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $59.75 billion in 2025 at a CAGR of 9%.

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The report covers the fire detection equipment market segments-
1) By Product Type: Flame Detectors, Smoke Detectors, Heat Detectors
2) By End-User: Commercial, Industrial, Residential, Transport, Others
3) By End-Use Industry: Banking, Financial Services And Insurance (BFSI), Hospitality & Travel, Healthcare, Transportation & Logistics, Manufacturing, Retail, Mining, Oil And Gas, Others

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Last Updated September 4, 2021