Dublin, Dec. 16, 2024 (GLOBE NEWSWIRE) -- The "Global Fire Safety Equipment Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
Digital technologies have become inevitable in most industries, including fire safety equipment. Fire detection and suppression equipment are increasingly IoT-enabled and integrated with smart building systems using tools such as AI, machine learning (ML), and analytics. This necessitates the convergence and collaboration of fire safety with digital solutions providers, including building technology system integrators.
This study identifies 3 top growth opportunities: performance-based fire safety systems, integration of fire safety with smart buildings solutions, and digitalization improvement of fire safety systems.
By 2029, fire safety equipment revenue is expected to exceed $11 billion. In terms of CAGR, Latin America is forecast to be the fastest-growing region, and revenue from the data center vertical is expanding the fastest among end users.
Key Growth Opportunities:
- Performance-based Fire Safety System
- Integration of Fire Safety with Smart Buildings Solutions
- Digitalization Improvement of Fire Safety System
Key Topics Covered:
Strategic Imperatives
- The Impact of the Top 3 Strategic Imperatives on the Fire Safety Equipment Industry
Growth Opportunity Analysis
- Scope of Analysis
- Segmentation - Market
- Segmentation - End User
- Segmentation - Region
- Growth Drivers Analysis
- Growth Restraints Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Application
- Revenue Forecast by Region
- Revenue Forecast by End User
- Revenue Forecast Analysis
- Notable Competitors
Regional Outlook - Europe
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain and Portugal
- Benelux
- Nordics
Regional Outlook - North America
- North America
- United States
- Canada
Regional Outlook - APAC
- APAC
- China
- India
- Japan and South Korea
- ANZ
- Southeast Asia
Regional Outlook - MEA
- MEA
- United Arab Emirates
- Saudi Arabia
- Qatar
- South Africa
- Egypt
Regional Outlook - Latin America
- Latin America
- Brazil
- Mexico
- Argentina
Appendix & Next Steps
- Benefits and Impacts of Growth Opportunities
For more information about this report visit https://www.researchandmarkets.com/r/97dcci
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