ICT & Electronics Global Fire Protection System Market Outlook | 页面 3

regarding fire safety coupled with mandatory building safety codes are also
escalating the demand for advanced fire protection system.
Favourable government rules and regulations
Government’s strict fire safety norms regarding installation of fire protection
system is envisioned to fuel the demand for fire protection system in commercial,
industrial and residential buildings. Further, increasing constructional activities
across the globe and consumer’s high spending on safety features are projected to
drive the global fire protection system market.
Although, high installation and maintenance cost of fire protection system and
low adoption rate of fire protection system in small and medium enterprises are
some of the key factors that are likely to inhibit the growth of the fire protection
system market in the near future.
The report titled “Fire Protection System Market : Global Demand
Analysis & Opportunity Outlook 2021” delivers detailed overview of the
global fire protection system market in terms of market segmentation by
technology, by product type, by service, by vertical and by region.
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Further, for the in-depth analysis, the report encompasses the industry growth
drivers, restraints, supply and demand risk, market attractiveness, BPS analysis
and Porter’s five force model.
This report also provides the existing competitive scenario of some of the key
players of the global fire protection system market which includes company
profiling of Blaze Manufacturing Solutions Ltd., Consilium AB Publ., Deluge
Offshore & Marine Pte Ltd., Drägerwerk AG & Co. KGaA, Emerson Electric Co.,