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Enhanced Fire Protection Systems Market

Enhanced Fire Protection Systems Market

Enhanced Fire Protection Systems Market Global Industry Assessment & Forecast

# Pages:

155

Base Year:

2021

Nov - 2021

Format:

Report Code:

VMR-2021-0458

Segments Covered
  • By Type Active Systems, Passive Systems
  • By Application Oil and Gas Industry, Construction Industry, Residential, Others
Snapshot
Forecast YearsForecast Years: 2021 - 2028
Historical YearsHistorical Years: 2016 - 2020
Revenue 2021Revenue 2021: 893.8 Million
Revenue 2028Revenue 2028: 1176.98 Million
Revenue CAGRRevenue CAGR (2021 - 2028): 3.5
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
FAQ
Frequently Asked Question
  • The global Enhanced Fire Protection Systems valued at 893.8 Million in 2020 and is expected to reach 1176.98 Million in 2028 growing at a CAGR of 3.5%.

  • The prominent players in the market are Knowsley SK, Consilium, Semco Maritime, Tyco, Deluge, Marioff, Minimax.

  • The market is project to grow at a CAGR of 3.5% between 2021 and 2028.

  • The driving factors of the Enhanced Fire Protection Systems include

    • These systems has gained huge popularity in energy sector due to presence of government regulations to reduce environmental effects of offshore drilling. With this, there is increase in demand for installing enhanced fire protection systems. This is anticipated to augment the growth of the market over the forecast period.
    • The increaisng investments by offshore oil & gas exploration players for meeting standards as well as regulatory framework which is implemented by regulatory bodies is fueling the enhanced fire protection systems demand as well as driving the growth.

  • Asia Pacific was the leading regional segment of the Enhanced Fire Protection Systems in 2020.