Fire Protection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

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REPORT DESCRIPTION

Fire Protection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends And

Forecast 2014 – 2020

Increase in expenditure on the protection of assets from

fire hazards is contributing to the growth of the fire

protection equipment market. Moreover, increasing

awareness in combating fire hazards along with

considerable growth in building of infrastructures is also

fueling this market. Therefore, this market has witness

traction in the fields of the banking, retail, energy and

power, healthcare, government, and mining among

others. Organizations across the globe have remarkably

increased their spending on fire protection to safeguard

their infrastructure and also to reduce human losses.

Technologies, such as smart building, human machine

interface solutions, nanotechnology, and wireless sensory networks are expected to enter in the fire protection

systems market. Newly innovated advanced sensors, that provide accurate data to the control units, have been

developed. Intelligent sensors possessing networking capabilities, in a group of detectors and sensors can easily

communicate through control units that help in achieving more efficiency in the systems. Distant users are now able

to access these intelligent detectors and sensors by connecting through WAN/LAN networks.

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