© 2017 Global Market Insights, Inc. USA. All Rights Reserved Fire Suppression Market Growth, Application Analysis from 2017 to 2024
Global Market Scenario of Fire Suppression Market As reported by Global Market Insights, Inc., fire suppression market size will exceed a valuation of USD 16 billion by 2024, with the overall target annual installation to surpass 500 million units by Validating this crucial fact- International Rescue Services in one of the latest reports estimated that over injuries and casualties were recorded in the year 2014, due to fire. Considering these compelling issues, stringent government norms have been mandated on workers associated with mining and petrochemicals sectors to maintain occupational safety and control loss of property, which again has proved to be a major driver for the global fire suppression market outlook.. The U.S. government, for instance, has established NFPA (National Fire Protection Association) codes and protocols for the standardization of equipment and protection systems across the country. © 2017 Global Market Insights, Inc. USA. All Rights Reserved
Undoubtedly, it has brought remarkable proceeds in the regional fire suppression market trends. U.S. is one of those fire-accident prone regions where the record is noticeably high. In fact, National Fire Protection Association, in its latest report, stated that in the year 2015, America accounted for almost 1,345,500 fire accidents. Continue:- © 2017 Global Market Insights, Inc. USA. All Rights Reserved
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Lifeline’s recent launch of the latest edition of Zero 3620 fire suppression system marks another lucrative journey for the car safety giant in fire suppression industry. Post the gala success of its patent Zero 3620 fire suppression series, Lifeline, somewhere toward the end of 2016, introduced Zero 3620 Firemarshal, reported to be the advanced version of the original system. 360° Industry Analysis © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for customization:
Regional Analysis: Europe is also claimed to be another lucrative ground for fire suppression market growth, with U.K at its foray. In fact, U.K fire suppression industry, is estimated to witness a y-o-y growth of 3% over Spreading awareness among the Europeans with regards to increasing adoption of fire protection system has fostered the regional market proliferation. Competitive Analysis: Global fire suppression market is characterized by the participation of some of the renowned biggies like TYCO, Amerex Corporation, United Technologies Corporation, National Fire Equipment Ltd., SFFECO, Minimax, and Master Fire Preventions Ltd. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This
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