GCC Fire Detection and Alarm System Market, By Offering ; By Product Type ; By Detection Technology ; By Connectivity ; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

List of Tables

GCC Fire Detection and Alarm System Market Size Set to Touch USD 3.1 Billion by 2029.

GCC fire detection and alarm system market is gaining traction because of the supportive government regulations on fire safety and growing construction activities in the region.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the GCC fire detection and alarm system market size at USD 2.1 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the GCC fire detection and alarm system market size to grow at a CAGR of 5.3% reaching a value of USD 3.1 billion by 2029. Rising consumer awareness of fire safety in their homes and strict government laws on fire safety in commercial and industrial areas are two key growth drivers for the GCC fire detection and alarm system market.

GCC Fire Detection and Alarm System Market - Overview:

A building's fire alarm system is intended to detect and notify residents and emergency personnel of the presence of smoke, fire, carbon monoxide, or other fire-related emergencies. These systems detect fires, warn building residents, control danger, and inform the fire department. The four different kinds of fire detectors are heat, ionization/photoelectric, photoelectric, and ionization. These four varieties differ from one another in that heat is caused by temperature, whilst the other three are induced by smoke.

GCC Fire Detection and Alarm System Market

Segmental Information:

GCC Fire Detection and Alarm System Market - By Detection Technology

Based on detection technology, the GCC fire detection and alarm system market is split into addressable and conventional segments. Addressable detection technology accounts for a higher share in the GCC fire detection and alarm system market. This technology is capable of determining the exact location of the fire breakout, saving time and resources, therefore, is prominently used in commercial and residential facilities. However, conventional technology also covers a substantial market share owing to its wide demand in the residential sector.

Impact of COVID-19 on the GCC Fire Detection and Alarm System Market

The COVID-19 pandemic hindered the growth of the GCC fire detection and alarm system market. The restrictions on the operations of the end user industries, including oil and gas, electrical equipment, petrochemicals, and chemical products, as well as closure of the commercial facilities such as hotels and offices directly impacted the growth of the market. However, the market gained traction in the medical and residential sectors. The overburdening of the hospitals and excessive use of ICUs for the COVID-19-affected patients, increased the fire hazard risks, due to which the hospitals had to invest in advanced fire detection and alarm systems to prevent casualties, limiting the overall market growth.

Product Code: BWC23745

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. GCC Fire Detection and Alarm System Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Increasing Government Regulations on Fire Safety
  - 3.2.1.2. Growing Construction Activities in the Region
  - 3.2.1.3. Increasing Use of Automation and Smart Technologies in Fire Detection and Alarm Systems
- 3.2.2. Restraints
  - 3.2.2.1. High Cost of Fire Detection and Alarm Systems
  - 3.2.2.2. Lack of Skilled Technicians to Install and Maintain Fire Detection and Alarm Systems
- 3.2.3. Opportunities
  - 3.2.3.1. Growing Demand for Wireless Fire Detection and Alarm Systems
  - 3.2.3.2. Development of New and Innovative Fire Detection and Alarm Technologies
- 3.2.4. Challenges
  - 3.2.4.1. Stringent Government Regulations on Fire Safety
  - 3.2.4.2. Need for Continuous Research and Development to Improve Fire Detection and Alarm Technologies
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

Product Code: BWC23745

List of Figures

Figure 1 GCC Fire Detection and Alarm System Segmentation
Figure 2 GCC Fire Detection and Alarm System Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 GCC Fire Detection and Alarm System Market Size, By Value (USD Million), 2019-2029
Figure 5 GCC Fire Detection and Alarm System Market Share, By Offering, By Value, 2019-2029
Figure 6 GCC Fire Detection and Alarm System Market Share, By Product Type, By Value, 2019-2029
Figure 7 GCC Fire Detection and Alarm System Market Share, By Detection Technology, By Value, 2019-2029
Figure 8 GCC Fire Detection and Alarm System Market Share, By Connectivity, By Value, 2019-2029
Figure 9 GCC Fire Detection and Alarm System Market Share, By End User, By Value, 2019-2029

List of Tables

Table 1 GCC Fire Detection and Alarm System Market Size, By Value (USD Million), 2019-2029
Table 2 GCC Fire Detection and Alarm System Market Share, By Offering, By Value, 2019-2029
Table 3 GCC Fire Detection and Alarm System Market Share, By Product Type, By Value, 2019-2029
Table 4 GCC Fire Detection and Alarm System Market Share, By Detection Technology, By Value, 2019-2029
Table 5 GCC Fire Detection and Alarm System Market Share, By Connectivity, By Value, 2019-2029
Table 6 GCC Fire Detection and Alarm System Market Share, By End User, By Value, 2019-2029
Table 7 Honeywell International Inc. Company Overview
Table 8 Honeywell International Inc. Financial Overview
Table 9 Tyco Fire & Security Company Overview
Table 10 Tyco Fire & Security Financial Overview
Table 11 Siemens AG Company Overview
Table 12 Siemens AG Financial Overview
Table 13 Johnson Controls Company Overview
Table 14 Johnson Controls Financial Overview
Table 15 Naffco (National Fire Fighting Manufacturing Company) Company Overview
Table 16 Naffco (National Fire Fighting Manufacturing Company) Financial Overview
Table 17 Advanced Electronics Company Limited Company Overview
Table 18 Advanced Electronics Company Limited Financial Overview
Table 19 Inertia Group Company Overview
Table 20 Inertia Group Financial Overview
Table 21 Apollo Fire Detectors Company Overview
Table 22 Apollo Fire Detectors Financial Overview
Table 23 Delta Electronics Company Overview
Table 24 Delta Electronics Financial Overview
Table 25 Fike Corporation Company Overview
Table 26 Fike Corporation Financial Overview
Table 27 Other Prominent Company Overview
Table 28 Other Prominent Financial Overview

GCC Fire Detection and Alarm System Market, By Offering ; By Product Type ; By Detection Technology ; By Connectivity ; By End User, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

Description

Table of Contents

List of Tables

GCC Fire Detection and Alarm System Market Size Set to Touch USD 3.1 Billion by 2029.

GCC Fire Detection and Alarm System Market - Overview:

GCC Fire Detection and Alarm System Market

Segmental Information:

Impact of COVID-19 on the GCC Fire Detection and Alarm System Market

Competitive Landscape:

Table of Contents

1. Research Framework

2. Executive Summary

3. GCC Fire Detection and Alarm System Market Insights

4. GCC Fire Detection and Alarm System Market Overview

5. Competitive Landscape

6. Impact of Covid-19 on GCC Fire Detection and Alarm System Market

7. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

8. Key Strategic Recommendations

9. Research Methodology

List of Figures

List of Tables