Africa Fire Suppression Market Research Report by Industry Size, Growth Drivers and Forecasts 2025
Category: #headlines  By Rahul Varpe  Date: 2020-05-19
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Africa Fire Suppression Market Research Report by Industry Size, Growth Drivers and Forecasts 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. Between the period 2019- 2025, the Africa fire suppression market is expected to register a CAGR of 3.5%. Incessant requirement of fire protection and rapidly developing industries will foster the Africa fire suppression market.

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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.

Industry Growth drivers – 

  • Increasing fire hazards
  • Growing construction and refurbishment activities

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Ongoing development of government facilities including educational institutes and hospitals will foster the commercial fire suppression market. Introduction of quick reflex sprinkler systems have minimized the chances of fire incidents by dousing it in early stages. Furthermore, prevailing regulations toward installation of necessary fire extinguishing systems across sensitive areas including colleges & universities, hospitals and chemical laboratories will complement 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.

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About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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