About Automatic Fire Suppression System
An automatic fire suppression system not only control a fire in a building, but it can also extinguish fires well before the fire department can reach on scene. It does this without the need for any human intervention. Automatic fire suppression systems are among the top commercial fire systems. An automatic fire suppression system controls and extinguishes fires without human involvement. The system includes extinguishing nozzles over each appliance along the cooking line, nozzles in the exhaust hood and duct, the fuse-able link that activates the system in the event of a fire, the tanks that hold the extinguishing chemical, the manual pull station, and the gas/ electric automatic shut off valve.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined synergies. Analyst at AMA Research estimates that United Kingdom Manufacturers will contribute the maximum growth to Global Automatic Fire Suppression System market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Johnson Controls (Ireland), United Technologies (United States), Robert Bosch (Germany), Siemens (Germany), Hochiki (Japan), Firefly (Sweden), Minimax Viking (Germany), Honeywell (United States), S&S Fire Suppression Systems (United States), EMS Security Group (United Kingdom) and Napco Security Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Sterling Safety Systems (United Kingdom), Fire Suppression Limited (United Kingdom), Encore Fire Protection (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Automatic Fire Suppression System market by Type (Pre-engineered and Engineered), Application (Household, Commercial and Industrial) and Region.
On the basis of geography, the market of Automatic Fire Suppression System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Suppression Reagent, the sub-segment i.e. Water will boost the Automatic Fire Suppression System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Policies, Regulations, and Government Mandates
Market Growth Drivers:
Technological Advancements and Innovations in Construction Industry and Increased Damage to Human Life and Property Due to Fire Breakouts
Challenges:
Declining Prices of Oil & Gas
Restraints:
High Installation and Maintenance Costs of Fire Suppression Systems and Lack of Integrity in System Interfaces
Opportunities:
Improvement in Human-Machine Interface (HMI) Solutions and Amendments in Rules and Mandatory Standards
Market Leaders and their expansionary development strategies
In January 2023, Halma, the leading safety, health and environmental technology group has acquired Firetrace USA, LLC (“Firetrace”), from private shareholders. Firetrace, based in Scottsdale, Arizona, USA, designs and manufactures automatic fire detection and suppression systems for installation in small enclosed environments to protect people and critical assets.
In April 2022, Fire safety manufacturer Jactone has announced the launch of its latest PAFSS automatic fire suppression system. The latest model joins an extensive portfolio from the family ran business who specialise in fire, safety and signage products. The latest model can be used for large enclosures to safeguard them against fire using the PAFSS indirect pre-engineered fixed fire suppression system that uses the clean agent extinguishant 3M Novec 1230 fire protection fluid.
Key Target Audience
Manufacturers of Automatic Fire Suppression System, Suppliers of Automatic Fire Suppression System, Wholesalers, Distributors and Retailers of Automatic Fire Suppression System and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.