Dublin, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The "Fire Protection Systems in Europe" report has been added to ResearchAndMarkets.com's offering.
The European fire protection systems market recorded revenues of $22.5 billion in 2023, representing a compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
Fire Protection Systems in Europe industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $14.5 billion, equivalent to 64.4% of the market's overall value.
- The European fire protection market is driven by evolving regulatory standards under the EU's Construction Products Regulation (CPR), which mandates that all fire safety products meet stringent performance requirements. In 2023, the European Committee for Standardization (CEN) updated fire safety standards to include specifications for eco-friendly fire-resistant materials and low-emission fire suppression systems, aligning fire safety with the EU's Green Deal objectives.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fire protection systems market in Europe
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fire protection systems market in Europe
- Leading company profiles reveal details of key fire protection systems market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Europe fire protection systems market with five year forecasts
Reasons to Buy
- What was the size of the Europe fire protection systems market by value in 2023?
- What will be the size of the Europe fire protection systems market in 2028?
- What factors are affecting the strength of competition in the Europe fire protection systems market?
- How has the market performed over the last five years?
- What are the main segments that make up Europe's fire protection systems market?
Key Topics Covered:
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Johnson Controls International Plc
8.2. Honeywell International Inc
8.3. Bosch Security Systems
8.4. Siemens AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/20jip0
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