This research study analyzes the market for fire protection systems in terms of revenue (US$ Mn). The fire protection systems market has been segmented on the basis of oil & gas operational sectors and regions. In terms of region, the market has been further divided into five segments. For the research, 2014 has been taken as the base year, while all forecasts have been given for the period from 2015 to 2023.
Market data for all the segments has been provided at the regional level from 2014 to 2023.The report provides a broad competitive analysis of companies engaged in the fire protection systems business. The report also includes the key market dynamics such as drivers, restraints, and opportunities affecting the Global Fire Protection Systems (for Oil and Gas) market. These market dynamics were analyzed in detail and are illustrated in the report with the help of supporting graphs and tables.
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The high-level analysis in the report provides detailed insights into the fire protection systems business globally. There are currently numerous drivers of the market. One of the most prominent drivers is the stringent safety regulations by government institutions for the installation of fire protection systems. Market attractiveness analysis was carried out for the fire protection systems market on the basis of regions. Market attractiveness was estimated on the basis of common parameters that directly impact the market in different regions.
The downstream operational sector has been sub-segmented into four applications: production vessels, production platforms, refineries, and petrochemicals. The fire protection systems market was analyzed across five geographies: North America, Europe, Middle East and Africa, Asia Pacific, and South and Central America. Regional data has been provided for each sub-segment of the fire protection systems market.