According to a new report Global Fire Safety Equipment Market, published by KBV research, the Global Fire Safety Equipment Market size is expected to reach $47.4 billion by 2023, rising at a market growth of 8.8% CAGR during the forecast period.
The North America market holds the largest market share in Global Gas Based Fire Suppression Equipment Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 6.4 % during the forecast period. The Europe market is expected to witness a CAGR of 8.8% during (2017 - 2023) in Global Water Based Fire Suppression Equipment Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 12.4% during (2017 - 2023) in Global Dry Chemical Powder & Others Fire Suppression Equipment Market.
The Commercial market holds the largest market share in Global Fire Safety Equipment Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.7 % during the forecast period. The Industrial market is expected to witness a CAGR of 10.3% during (2017 - 2023). Additionally, The Residential market would garner market value of $15,191.5 million by 2023.
Full Report: https://www.kbvresearch.com/fire-safety-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Fire Safety Equipment Market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH (Bosch Security Systems Inc.), Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls International Plc., Napco Security Technologies, Space Age Electronics Inc., United Technologies Corporation, Eaton Corporation plc (Cooper Wheelock), and Gentex Corporation.
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Europe Fire Safety Equipment Market
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