
Enhanced Fire Protection Systems Market
Enhanced Fire Protection Systems Market Global Industry Assessment & Forecast
Segments Covered
By Type Active Systems, Passive Systems
By Application Oil and Gas Industry, Construction Industry, Residential, Others
Snapshot
![]() |
2021 - 2028 |
![]() |
2016 - 2020 |
![]() |
893.8 Million |
![]() |
1176.98 Million |
![]() |
3.5 |
![]() |
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
Key Insights
The
global Enhanced Fire Protection Systems market was valued at USD 893.8 Million in 2020 and is
projected to reach USD 1176.98 Million by 2028, growing at a CAGR of 3.5%
from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 1176.98 Million |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 3.5% |
Definition and Overview
The enhanced fire protection system is a certified product, developed according to the standards specified by the government authorities and regulatory bodies to control fire outbreaks. This system is equipped with flame detectors and smoke control devices that aid during fire emergency. Alarm valves and sprinkler systems are some of the widely used fire protection systems. These systems have been invented to detect and respond to fire, smoke, or flame. Introduction of fire protection systems has helped in responding quickly and accurately to fire, as compared to the traditional heat or smoke devices used in the past. Furthermore, fire sensors and detectors when installed in commercial buildings serve as ideal and affordable safety measure
The
global Enhanced Fire Protection Systems market is segmented based on by Type, Application,
regions, and countries. The regional segmentation provides current and forecast
demand across North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. All the segments have been analyzed on the basis of present
and future trends. Rising demand for Enhanced Fire Protection Systems in various countries such as the U.S.,
Germany, China, India, and Japan, among others is likely to support the growth
of the market. Numerous companies are focusing on investing heavily in this
application to cater the end user requirements effectively. The report provides
comprehensive analysis of the market based on drivers, restraints,
opportunities, trends, competition, and industry-authenticated data. The market
is estimated from 2016 to 2020 with forecast from 2021 to 2028.
Global Enhanced Fire Protection Systems Market: COVID-19 Impact Analysis
The
COVID-19 pandemic is affecting industries worldwide and the global economy took
hit in 2020 and likely in 2021 as well. The outbreak created disruptions in
industries such as semiconductor, consumer electronics, travel, and automotive,
among others. Impact of COVID-19 on the market demand is considered while
estimating the current and forecast market size and growth trends for all the
regions and countries. The
report provides a completely separate chapter for COVID-19 Impact Analysis.
This chapter includes: o Impact Assessment of COVID-19
Pandemic o Pre & Post COVID-19
Market Size o Qualitative analysis on the
short term & long term impact of COVID-19 on the market
o
The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Market Insights
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.
The high costs of installation and maintenance of fire protection systems is expected to limit the growth of the market in the near future.
Global Enhanced Fire Protection Systems Market Report Scope
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Type, Application |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Knowsley SK, Consilium, Semco Maritime, Tyco, Deluge, Marioff, Minimax |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and Asia Pacific, company market share analysis, and COVID-19 impact analysis |
Market Segmentation
Type Analysis: Preview On the basis of Type,
the market is segmented into Active Systems, Passive Systems. Active Systems held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Active Systems
in emerging economies in Asia Pacific region. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil and Gas Industry, Construction Industry, Residential, Others. Oil and Gas Industry accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Enhanced Fire Protection Systems Market: Type Segment Analysis
-
- Active Systems
- Passive Systems
Global Enhanced Fire Protection Systems Market: Application Segment Analysis
-
- Oil and Gas Industry
- Construction Industry
- Residential
- Others
Regional Analysis Preview
On the basis of region, the global Enhanced Fire Protection Systems market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific region held the largest share of the global Enhanced Fire Protection Systems market in 2020. Some of the major countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. China is one of the most profitable countries for companies operating in the market.
Market Size, 2021 (USD Billion)
Global Enhanced Fire Protection Systems Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
The market comprises of various small, medium, and large sized players spread across all the regions. Some of the key companies operating in the global Enhanced Fire Protection Systems market are Knowsley SK, Consilium, Semco Maritime, Tyco, Deluge, Marioff, Minimax. The report provides company market share analysis which gives a comprehensive overview of the key competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.
FAQ
Frequently Asked Question
What is the global demand for Enhanced Fire Protection Systems in terms of revenue?
-
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%.
Which are the prominent players in the market?
-
The prominent players in the market are Knowsley SK, Consilium, Semco Maritime, Tyco, Deluge, Marioff, Minimax.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
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.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Enhanced Fire Protection Systems in 2020.