Fire Protection Systems Market worth $66.56 Billion by 2018 – New Report by MarketsandMarkets

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According to the report, Fire protection systems (FPS) market is showing higher growth in different technologies such as active fire protection systems and passive fire protection systems. (http://www.marketsandmarkets.com/Market-Reports/fire-protection-systems-market-1018.html)

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Some of the major players in this market include Gentex Corporation (U.S.), Halma PLC (U.K.), Hochiki Corporation (Japan), Honeywell International Inc. (U.S.), Johnson Controls (U.S.), Robert Bosch GmbH (Germany), Siemens AG (Germany), Tyco (Switzerland),

The report "Fire Protection Systems Market" provides a comprehensive market and forecast analysis of the overall market. It segments the global market on the basis of the types of components, services, regions and verticals.

Browse "Fire Protection Systems Market” through detailed ToC, data tables and figures spread across 180 report pages.

http://www.marketsandmarkets.com/Market-Reports/fire-protection-systems-market-1018.html

Early buyers will receive 10% customization on this report.

According to the report, the Fire Protection Systems Market has gained traction in the recent years owing to the recent rise in accidents and the loss of assets, due to fire hazards. Alongside, the demand for a comprehensive solution in fire protection is also rising. This demand is leading to an increase in the global spending for fire protection systems. Technologies, such as human machine interface solutions, smart building, and wireless sensory networks, are making their launch in the Fire Protection Systems Market. New and advanced sensors have been developed to give accurate data to the control units. Intelligent sensors have networking capabilities, wherein a group of sensors and detectors can communicate easily through control units, leading to more efficiency in the systems. Distant users can access these intelligent sensors by connecting through LAN/WAN networks.

In this report, MarketsandMarkets has segmented the Fire Protection Systems Market by the types of fire detection components, fire management components, fire analysis components, fire response components and Fire Alarm Devices. it has also segmented the market on the basis of the type of services, verticals and geographic regions.

MarketsandMarkets forecasts the Fire Protection Systems Market to reach $66.56 billion in 2018. This growth is expected to represents a compound annual growth rate (CAGR) of 13.9% during the forecast period.

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