
Region:Asia
Author(s):Yogita Sahu
Product Code:KROD707
August 2024
98

The India fire protection market can be segmented by various factors like product, end-user, and region.
By Product: The India fire protection market is segmented by product type into fire detection systems, fire suppression systems, and fire response systems. In 2023, fire detection systems held a dominant market share due to their critical role in early fire detection and alarm. The increasing adoption of advanced smoke detectors and heat sensors has driven the demand for fire detection systems.

By End-User: The India fire protection market is segmented by end-user into residential, commercial, and industrial sectors. In 2023, the commercial sector dominated the market with the high demand for fire protection systems in offices, shopping malls, and hotels drives this segment.

By Region: The India fire protection market is segmented by region into North, South, East, and West. The western region, held a dominant market share due to extensive commercial and industrial activities and stringent fire safety regulations contribute to its market leadership.
|
Company |
Establishment Year |
Headquarters |
|
Honeywell International Inc. |
1906 |
Charlotte, USA |
|
Siemens AG |
1847 |
Munich, Germany |
|
Johnson Controls |
1885 |
Cork, Ireland |
|
United Technologies Corporation |
1934 |
Farmington, USA |
|
Tyco Fire Products |
1960 |
Cork, Ireland |
The India fire protection market is growing over the next five years, driven by increasing AI and IoT in fire protection system, expansion of smart cities mission, adoption of eco-friendly fire suppression systems, and growing manufacturing sector.
|
By Product |
Fire Detection Systems Fire Suppression Systems Fire Response Systems |
|
By End-User |
Residential Sector Commercial Sector Industrial Sector |
|
By Region |
North East West South |
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Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around the market to collate industry level information.
Collating statistics on India Fire Protection Market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for India Fire Protection Industry. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team will approach multiple fire protection equipment manufacturing companies and understand the nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from such fire protection equipment manufacturing companies.
The India fire protection market size was valued at USD 1.75 billion in 2023. This growth is driven by the increasing awareness of fire safety, stringent government regulations, and the rise in infrastructure projects across commercial, industrial, and residential sectors.
The current challenges in the India fire protection market include high installation and maintenance costs, lack of awareness in rural areas, shortage of skilled workforce, and the presence of counterfeit products.
The major players in the India fire protection market include Honeywell International Inc., Siemens AG, Johnson Controls, United Technologies Corporation, and Tyco Fire Products.
The growth of the India fire protection market is driven by increasing infrastructure projects, rising commercial real estate development, stringent government regulations, and the expanding manufacturing sector.
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