Fire Detection Equipment Industry Analysis, Industry Trends, Market Growth and Forecast to 2031


Posted February 25, 2022 by ramtbrc

The global fire detection equipment market size is expected to grow from $6.78 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%.
 
Fire Detection Equipment Global Market Report 2022 by The Business Research Company is the most comprehensive report available on the market, being wide-ranging both in terms of chronology and geography. It covers the historic period – 2016-2021, and the forecast period – 2022-2026, with additional forecasts for 2026-2031. The report helps gain a truly global perspective as it covers 60 geographies, focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

TBRC’s market report includes a chapter on the COVID-19 impact on the fire detection equipment industry, which gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market and how companies can strategize to bounce back from it. With updated market numbers according to the effects of the coronavirus, the report provides the most accurate expected fire detection equipment market growth numbers from 2022-2031.

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The global fire detection equipment market is expected to grow from $6.78 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The growth in the market 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 fire detection equipment market is expected to reach $12.46 billion in 2026 at a CAGR of 12.7%.

View more on the report:
https://www.thebusinessresearchcompany.com/report/fire-detection-equipment-global-market-report

The Fire Detection Equipment Global Market Report 2022-31 by The Business Research Company evaluates fire detection equipment market size, growth rate, drivers, fire detection equipment industry trends, and major companies.

The fire detection equipment market segments in the report are:
1) By Product Type: Flame Detectors, Smoke Detectors, Heat Detectors
2) By Connectivity: Wired, Wireless
3) By End-Use Industry: Banking, Financial Services and Insurance (BFSI), Hospitality and Travel, Healthcare, Transportation and Logistics, Manufacturing, Retail, Mining, Oil and Gas, Others

The table of contents in TBRC’s fire detection equipment market report includes:
1. Executive Summary
2. Fire Detection Equipment Market Characteristics
3. Fire Detection Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Fire Detection Equipment
5. Fire Detection Equipment Market Size And Growth
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26. Africa Fire Detection Equipment Market
27. Fire Detection Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fire Detection Equipment Market
29. Fire Detection Equipment Market Future Outlook and Potential Analysis
30. Appendix

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Tags fire detection equipment market
Last Updated February 25, 2022