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Over the last decade,
India has witnessed noteworthy improvement in the awareness towards fire safety and security. The rapidly expanding IT and retail markets across the country have substantially contributed towards the growth of the fire safety equipments sector, and this trend is likely to continue over the coming years. Since, areas such as large refineries, petrochemical complexes, biotechnology ventures, pharmaceutical, automobile, steel, oil & gas exploration projects and other manufacturing projects require mandatory specialized installations in terms of fire protection equipments; the market for fire safety equipments in
India is set to grow at much faster pace than anticipated.
According to '
India Fire Safety Equipments Market Forecast & Opportunities, 2017', the fire safety equipments market in
India is expected to grow immensely in the next five years. The industry revenues of
India's fire safety equipments market is expected to cross
USD 4.26 Billion by the end of 2017. The market is being driven largely by the small players having regional presence. The market is set to experience radical growth over the coming years as a result of increasing awareness among the population regarding fire safety, security and asset management, and strict state level norms on fire safety.
' India Fire Safety Equipment Market Forecast & Opportunities, 2017' discusses the following aspects related to fire safety equipments market in India:
• Fire Fighting Equipment Market Size and Share• Fire Detection Equipment Market Size and Share• Fire Protection Equipment Market Size and Share• Market Trends and Dynamics• Competitive Landscape and Strategic Recommendations