Africa Fire Suppression Market Is Projected To Hit USD 700 Billion by 2025
The Africa Fire Suppression Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure. The size of Africa Fire Suppression Market was registered at USD 570 million in the year 2018 and is anticipated to cross USD 700 million by 2025.
The Africa Fire Suppression Market is expected to register a CAGR of 3.5% during the period 2019 -2025. This research report analyzed by means of Evolving Technology, Business Competitors, Industry Strategies, Key Companies, Growth rate, and Forecast until 2025. The report includes enough details that highlight the importance of the most significant sectors of market.
Rapidly expanding hospitality and tourism industry will stimulate the demand across South Africa fire suppression market. Extensive installation across hotels, commercial facilities and retail stores will augment the industry landscape. Furthermore, increasing cases of fire accidents have led to the deployment of fire protection system across industrial and residential buildings. The South African Qualification & Certification Committee and Fire Protection Association are the prime governing bodies assuring the maintenance and safety of fire suppression equipment.
Growing number of fire accidents along with strict norms pertaining the safety of life & property will drive the Africa fire suppression market growth. Revision of work safety regulations have compelled the corporate offices to install necessary fire safety equipment across each floor at required distances. Increasing funding toward infrastructural expansion along with substantial improvement in living standards will positively enhance the industry outlook.
Kenya fire suppression market is set to grow on account of robust development across the service and manufacturing sector along with rising concerns related to fire prevention and safety. The engineers are required to follow the BS999, recently revised in year 2017 for fire safety. The standards help in aiding assistance in the design, management and use of products to ensure fire protection across building premises. Furthermore, increasing deployment of fire extinguishers across industrial and commercial establishments will augment the industry landscape.
Notable players executing operations across Africa fire suppression market include Advanced Automated Systems, Red G, TransFire, Safequip Pty Ltd, Fireco, Brigit Group, Failsafe Fire Projects, Akananzi, MS Fire Systems, Fire and Security Techniques, IntelliSEC, RUHRPUMPEN, Booyco Electronics, Spero Group and Amco