Middle East Fire Safety Systems and Equipment Market 2018-2024 - Market is Projected to Grow at a CAGR of 7.8%
Middle East Fire Safety Systems and Equipment Market 2018-2024 - Market is Projected to Grow at a CAGR of 7.8%
DUBLIN, March 7, 2018 /PRNewswire/ --
The "Middle East Fire Safety Systems and Equipment Market (2018-2024)" report has been added to ResearchAndMarkets.com's offering
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Middle East Fire Safety Systems and Equipment market is projected to grow at a CAGR of 7.8% during 2018-24
Expanding construction industry along with stringent regulations pertaining to fire safety in buildings would fuel the growth of fire safety systems and equipment market in Saudi Arabia, Qatar, UAE and other countries across the Middle East region. Further, government initiatives such as Saudi Vision 2030, UAE Vision 2021 and Oman Vision 2020 are expected to boost the construction of public infrastructure projects. This factor would drive the demand for fire safety systems and equipment market in the Middle East region during the forecast period.
Fire safety systems and equipment market is anticipated to grow during the forecast period due to rising construction activities and installation of fire safety equipment in public places, residential apartments and offices. Several projects across several Middle East countries were put on hold after the oil price crash in 2014 which had a negative impact in the growth of the fire safety systems and equipment market during the last few years.
Commercial and hospitality sectors are the key verticals that are driving the demand for fire safety systems and equipment such as sprinklers and suppression systems. Upcoming mega events such as the Qatar FIFA World Cup 2022 and Dubai World Expo 2020 would lead to the development of the infrastructure sector in these countries which in turn would help drive the market of fire safety systems and equipment.
Markets Covered:
The report provides detailed analysis of the following market segments:
By Types:
Fire Fighting Systems and Equipment
Fire Extinguishers:
-- Dry Chemical -- CO2 -- Clean Agent -- Foam Fire -- Wet Chemical -- Water
Fire Suppression Systems:
-- Inert Agent -- Halocarbon Agent -- Carbon Dioxide -- Wet Chemical -- Dry Chemical
Fire Sprinkler Systems:
-- Wet Pipe -- Dry Pipe -- Pre Action -- Deluge
Fire Detection and Alarm Systems:
-- Smoke Detectors -- Heat Detectors -- Gas Detectors -- Flame Detectors -- Beam Detectors
Emergency and Exit Lighting
By Verticals:
-- Residential -- Commercial -- Industrial -- Oil & Gas -- Retail -- Hospitality
By Countries:
-- Saudi Arabia -- UAE -- Qatar -- Turkey -- Iran -- Kuwait -- Oman -- Rest of Middle East Countries
Companies Mentioned
-- Amerex Corporation -- Emirates Fire Fighting Equipment Factory LLC (FireX) -- Fike Corporation -- Honeywell International Inc. -- Minimax-Viking Gmbh -- NAFFCO FZCO -- Saudi Factory For Fire Equipment Co. -- Siemens Middle East Limited -- Tyco Fire Protection Products -- Unisafe Fire Protection Specialists Llc -- UTC Climate, Controls & Security
For more information about this report visit https://www.researchandmarkets.com/research/94qbns/middle_east_fire?w=5
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Research and Markets
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SOURCE Research and Markets