A recent report published by Markets and Markets, a global market research and consulting company based in the USA, has forecast that the fire protection systems market will grow from US$34.74 billion in 2013 to US$66.56 billion in 2018, representing a compound annual growth rate (CAGR) of 13.9 percent during the forecast period.
The 180-page report entitled: “Fire Protection Systems Market: Fire Alarm, Sensor, RFID, Control Panel, Interface, Modelling and Simulation Software, Public Alerts and Warning, Emergency Lighting, Secure Communication, Managed Service – Worldwide Forecasts & Analysis (2013 – 2018) ” provides a comprehensive forecast analysis of the overall market, segmented by components, services, regions and verticals. It also includes profiles the major players in the market and highlights opportunities.
