Global Airport Fire Safety Equipment Market by Product Types (Fire Extinguishers, Fire Suppression systems, Emergency communication systems (ECS), Fire Alarm, Fire Blankets, and Others), Applications (Airport Terminal and Airside), and Regions
The Global Airport Fire Safety Equipment market is expected to grow at a substantial CAGR, during the forecast period, 2020–2026. Efforts in reducing the fire impact through improvements in fire sensors and detection are one of the major factors of the market’s growth.
The aviation industry is highly cost intensive in nature and thus, any error or mishap can result in massive damages to an airport’s infrastructure and cause significant economic loss. To counter the risks associated with airport accidents, airports are integrated with fire safety equipment. Emergency communication systems (ECS), fire extinguishers, fire suppression systems, fire alarm & detectors and smoke detectors are some of the fire safety equipment generally installed at airports. Many manufacturers are aiming at designing fire safety equipment which meet the demands of customers and are portable and easy to operate. Airport fire safety equipment is majorly installed either at airport terminals or the airside which consists of the cargo terminal, aprons/hangers, airport traffic control building and fire depot. Apart from this the airport staff is also provided with elite fire protection equipment to cope up with emergency situations. These consist of fire blankets, masks and other small scale equipment.
Market Trends, Drivers, Restraints, and Opportunities:
Stringent government regulations for crucial installation of fire safety equipment are projected to have a positive impact on the growth of airport fire safety equipment market over the forecast period.
Manufacturers are aiming at constant innovation and introducing latest products in the market which will be capable of handling fire accidents in a much efficient manner. This is one of the key factors which is expected to ramp up the global airport fire safety equipment market in the coming years.
Moreover, installation of fire sensors and detectors for improved fire detection at airports is projected to promote the growth of the airport fire safety equipment market in the coming years.
The slowdown in the aviation industry is anticipated to be a key restrain for the market growth.
Growing trend of integration of emergency communication systems and fire alarms is estimated to further ramp up the airport fire safety equipment market.
Scope of the Report
The report on the Global Airport Fire Safety Equipment includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes Details
Base Year 2019
Historic Data 2015–2018
Forecast Period 2020–2026
Regional Scope Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
Report Coverage Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Global Airport Fire Safety Equipment Market Segment Insights:
Based on product types, the Global Airport Fire Safety Equipment market is segmented into, Fire Extinguishers, Fire Suppression systems, Emergency communication systems (ECS), Fire Alarm, Fire Blankets, and Others. Among these segments Fire Alarm segment along with Fire Suppression systems are expected to grow with a substantial CAGR, during the forecast period.
Based on applications, the market is bisected into Airport Terminal and Airside. Among these segments, airside dominated the layout segment and is expected to continue the dominion during the forecast period. The main attributes for the growth of the segment are the strict government regulations and enforced need for fire safety systems.
On the basis of regions, the market is classified into Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America. Increasing investments for the construction of new terminals and airports in Middle East & Africa and Europe combined with surging passenger traffic is expected to boost the demand for airport fire safety equipment in these regions. Moreover, projected growth of the commercial aviation industry in North America and Europe will further give a push to the airport infrastructure in the country, which will subsequently ramp up the airport fire safety equipment market in the coming years. Furthermore, stringent government regulations for the mandatory installation of fire safety equipment in developing countries of Asia Pacific and Latin America region will give a boost to the airport fire safety equipment market over the assessment period.
Competitive Landscape:
Key players include Johnson Controls International Plc, United Technologies Corporation, Amerex Corporation, Activar Inc., Fike Corporation, Siemens AG, Jactone Products Limited, Robert Bosch GmbH, Hochiki Corporation, Hatsuta Seisakusho Co. Ltd., Flamestop Australia Pty. Ltd., and Desautel Sas.
The global airport fire safety equipment market’s growth is dependent on the market conditions, government support, and industry development. The market is majorly competitive based on quality, reliability, cost, and aftermarket service. Moreover, the vendors are expected to aim at widening their reach by improvising on their products and investing in innovative, cost-efficient, and effective products.
The Global AIRPORT FIRE SAFETY EQUIPMENT Market has been segmented on the basis of:
Product Types
Fire Extinguishers
Fire Suppression systems
Emergency communication systems (ECS)
Fire Alarm
Fire Blankets
Others
Applications
Airport Terminal
Airside
Regions
Asia-Pacific
North America
Europe
Latin America
Middle East & Africa