Enhanced Fire Protection Systems Market
Enhanced Fire Protection Systems Market Global Industry Assessment & Forecast
#
Pages:
155
2021
Nov - 2021
VMR-2021-0458
Segments Covered
By
Type Active Systems, Passive Systems
-
By
Application Oil and Gas Industry, Construction Industry, Residential, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
893.8 Million |
 Revenue 2028:
|
1176.98 Million |
 Revenue CAGR
(2021 - 2028): |
3.5 |
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
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
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.
