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Saudi Arabia Fire Detection System Market

Saudi Arabia Fire Detection System Market

Saudi Arabia Fire Detection System Market, By Product (Fire Detectors, Fire Alarms, and Others), By Fire Detectors (Flame Detectors, Smoke Detectors, Heat Detectors, and Others), By Fire Alarm (Audible Alarms, Visual Alarm, and Manual Alarm), By Application (Commercial (Banking, Financial Services, and Insurance, Retail, Transportation and Logistics, Government Infrastructure, Healthcare, Hospitality, and Others), Industrial (Oil & Gas, Chemicals, Pharmaceutical, Textile, and Others), Residential), By Region (Central, Southern, Eastern, and Western), Trend Analysis, Competitive Market Share & Forecast, 2018-2028

  • Published Date: August 2022
  • Report ID: BWC22268
  • Available Format: PDF
  • Page: 114

Report Overview

Saudi Arabia Fire Detection System Market is flourishing owing to rising usage of fire protection in industrial and commercial locations for the safety of the workers, property damage risks, as well as worries about public safety brought on by fire accidents.

Saudi Arabia Fire Detection System Market - Industry Trends & Forecast Report 2028

Saudi Arabia Fire Detection System Market is predicted to grow at a CAGR of 6.7% during the forecast period (2022-2028). The rapid expansion of the market is predominantly due to the safety of every citizen of a nation, fire safety equipment and systems are crucial. Also, due to its necessity and widespread installation, the demand for fire safety systems and equipment in Saudi Arabia is expected to stay stable in the coming years. The country's primary industry, oil and gas, has increased the need for fire protection systems and apparatus. Moreover, the rapid growth of the construction industry, as well as the increasing adoption of wireless technology in fire detection, is propelling the fire protection system market forward. Smoke detectors will be integrated with IoT and big data, and regulatory compliance will be reviewed regularly. Market growth prospects are promising. Furthermore, the rules, criteria, and requirements put forth by various regulatory agencies influence the market for fire prevention systems. Organizations have been compelled to build fire protection systems by the rising norm. Throughout the projection period, these factors are anticipated to accelerate market expansion.

Fire Detection System - Overview

A fire protection system is a certified product that was developed by the standards established by government authorities and regulatory bodies to control fire outbreaks. This system includes flame detectors and smoke control devices to help in the event of a fire. Alarm valves and sprinkler systems are two common types of fire protection systems. These systems were developed to detect and respond to fires, smoke, and flames. In comparison to the traditional heat or smoke devices used in the past, the introduction of fire protection systems has aided in responding to fires more quickly and accurately. Furthermore, when installed in commercial buildings, fire sensors and detectors serve as an ideal and cost-effective safety measure.

Saudi Arabia Fire Detection System Market Forecast and Trends

Growth Drivers

Growing Advancement of Fire Detection Systems

The building sector is expanding and becoming more complex. The construction sector is expanding as a result of the increased demand for homes and business spaces. Despite the difficulties in the financial sector, the construction industry is anticipated to expand strongly over the next six years due to rising infrastructure investments. Moreover, buildings now frequently have fire protection systems installed because they are effective at spotting, confining, and putting out fires before they spread. Modern communication tools have been created for use during fires, allowing for the rapid dispatch of reaction teams to the affected area. All these factors boost the growth of the Saudi Arabia Fire Detection System Market during the forecast period (2022-2028).

Technological Integration of Fire Detection Systems

The concept of smart smoke detectors has emerged as a result of the rapid development of smoke detectors, as well as IoT and big data technologies, leading to the expansion of the smoke detector market. Smart smoke detectors can be programmed and easily connected to Wi-Fi networks in homes and businesses. These detectors provide smoke detection alerts and easy control via mobile devices, as well as easy battery status monitoring. Such devices can send notifications or fire alerts via text messages or emails, and they can also support color-coded alerts if hearing-impaired people use the detectors. During the forecast period, the recent shift toward the use of smart smoke detectors is expected to create new opportunities for the smoke detectors segment.

Restraints

False Alarms and Detection Failures as Technical Drawbacks

Fire alarm systems are intended to provide warning in the event of a fire, but they do not guarantee warning or protection from fire. For a variety of reasons, any fire detection system is vulnerable to compromise or failure to warn. For example, smoke particles from a raging fire may not reach the sensing chambers of a smoke detector, or the amount of smoke present may be insufficient to alarm smoke detectors. Fire detectors are programmed to sound an alarm when certain levels of smoke, heat, or flame density are detected. If the developing fire does not produce such levels near the detectors, the detectors will not sound an alarm.

Impact of COVID-19 on Saudi Arabia Fire Detection System Market

Due to the lockdown measures across the nation and the delay in manufacturing and manufacture of fire suppression items like fire extinguishers, fire sprinklers, and others, the COVID 19 outbreak has hampered the growth of the fire protection systems business. Moreover, a nationwide lockdown to lessen the effects of COVID 19, has resulted in a restriction on people's freedom of movement and a decrease in the manufacture of new fire defense items and equipment. The market has suffered as a result of this factor. Additionally, a lot of companies and suppliers in the fire protection systems sector rely on supplies from other nations. All logistical operations have been put on hold due to the government's mobility limitations, which is causing problems with their supply chain.

Saudi Arabia Fire Detection System Market - By Product

Based on the product, the Saudi Arabia Fire Detection System Market is segmented into Fire Detectors, Fire Alarms, and Others. Among these, fire detectors account for the largest share in the Saudi Arabia Fire Detection System Market. Fire detectors can be used to detect leaks, such as gas, that could lead to a fire. Regulations in several countries encouraging the use of fire detectors are a key factor favoring product sales, a trend that is expected to continue until 2028. Fire alarms, on the other hand, are expected to grow at the fastest rate, during the forecast period (2022-2028).

Saudi Arabia Fire Detection System Market

Saudi Arabia Fire Detection System Market – By Fire Detectors

Based on fire detectors, the Saudi Arabia Fire Detection System Market is segmented into Flame Detectors, Smoke Detectors, Heat Detectors, and Others. Among these, the heat detectors segment holds the largest market share. Heat detectors are preferred in areas with high ambient temperatures or rapid temperature changes. Garages, mechanical rooms, storage facilities, and commercial kitchens are examples of such areas. In 2021, the smoke detectors segment led the market with a revenue share of more than 45 percent. Smoke detectors are frequently used in areas where a smoldering slow fire can be detected, such as residential apartments or commercial facilities.

Saudi Arabia Fire Detection System Market – By Application

Based on application, the Saudi Arabia Fire Detection System Market is segmented into Commercial (Banking, Financial Services and Insurance, Retail, Transportation and Logistics, Government Infrastructure, Healthcare, Hospitality, and Others), Industrial (Oil & Gas, Chemicals, Pharmaceutical, Textile, and Others), and Residential. Among these, the commercial segment dominates the market. its applications include those for retail, BFSI, government, healthcare, telecom, and IT educational institutions. The country’s formulation of stringent government rules for fire prevention and control is increasing the demand for fire protection systems in commercial applications. Also, rising corporate investments to reduce property and life loss as well as protect infrastructure are expected to drive demand for fire protection systems.

Furthermore, the industrial application segment is anticipated to dominate the market during the forecast period (2022-2028). Major industries including oil and gas, mining, chemicals, pharmaceuticals, textile, and manufacturing are all covered under the industrial application. The requirement to protect automated systems from fire incidents is anticipated to drive the segment's expansion. Furthermore, strict government regulations and the installation of fireproof protection and prevention systems in the industries are priorities in the sector that is prone to fires. The industrial segment is anticipated to be further stimulated by this.

Saudi Arabia Fire Detection System Market – By Region

Geographically, the Saudi Arabia Fire Detection System Market is segmented into Central, Southern, Eastern, and Western. The Eastern Region and Western Region shared the majority of the nation's revenues. Due to the Eastern region's prominent oil and gas and petrochemical sectors, the market for fire safety systems and equipment is expanding. Also, due to the expansion of the tourism industry in the region, the Western region is predicted to experience steady growth.

Competitive Landscape

The leading market players in the Saudi Arabia Fire Detection System Market are EMS Ltd, SFFECO, Sterling and Wilson Pvt Ltd, Wagner Group GmbH, HOCHIKI, UTC, Honeywell International Inc, Halma Plc, Apollo Fire Detector, Napco Security Technologies, and other prominent players.

The Saudi Arabia Fire Detection System Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Million
Product Service/Segmentation By Product, By Fire Detectors, By Fire Alarm, By Application, By Region.
Key Players EMS Ltd, SFFECO, Sterling and Wilson Pvt Ltd, Wagner Group GmbH, HOCHIKI, UTC, Honeywell International Inc, Halma Plc, Apollo Fire Detector, Napco Security Technologies, and other prominent players.

 

By Type

  • Fire Detectors
  • Fire Alarms
  • Others

By Fire Detectors

  • Flame Detectors
  • Smoke Detectors
  • Heat Detectors
  • Others

By Fire Alarm

  • Audible Alarms
  • Visual Alarm
  • Manual Alarm

By Application

  • Commercial
  1. Banking, Financial Services and Insurance
  2. Retail
  3. Transportation and Logistics
  4. Government Infrastructure
  5. Healthcare
  6. Hospitality
  7. Others
  • Industrial
  1. Oil & Gas
  2. Chemicals
  3. Pharmaceutical
  4. Textile
  5. Others
  • Residential

By Region

  • Central
  • Southern
  • Eastern
  • Western
 
  1. Research Framework
    1. Research Objective
    2.  Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
      1. Primary & Secondary Research
    2. Quantitative Research
    3. Market Breakdown & Data Triangulation
      1. Secondary Research
      2. Primary Research
    4. Breakdown of Primary Research Respondents, By Region
    5. Assumption & Limitation
  3. Executive Summary
  4. Saudi Arabia Fire Detection System Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    3. Technological Landscape/Recent Development
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  5. Saudi Arabia Fire Detection System Market Overview
    1. Market Size & Forecast by Value, 2018-2028
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
        1. Fire Detectors
        2. Fire Alarms
        3. Others
      2. By Fire Detectors
        1. Flame Detectors
        2. Smoke Detectors
        3. Heat Detectors
        4. Others
      3. By Fire Alarm
        1. Audible Alarms
        2. Visual Alarm
        3. Manual Alarm
      4. By Application
        1. Commercial
          1. Banking, Financial Services and Insurance
          2. Retail
          3. Transportation and Logistics
          4. Government Infrastructure
          5. Healthcare
          6. Hospitality
          7. Others
        2. Industrial
          1. Oil & Gas
          2. Chemicals
          3. Pharmaceutical
          4. Textile
          5. Others
        3. Residential
      5. By Region
        1. Central
        2. Southern
        3. Eastern
        4. Western
  6. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share Analysis, 2021
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Development (Merger, Acquisition, Partnership, etc.)
  7. Impact of COVID-19 on Saudi Arabia Fire Detection System Market Industry
  8. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook)
    1. EMS Ltd
    2. SFFECO
    3. Sterling and Wilson Pvt Ltd
    4. Wagner Group GmbH
    5. HOCHIKI
    6. UTC
    7. Honeywell International Inc
    8. Halma Plc
    9. Apollo Fire Detector
    10. Napco Security Technologies
    11. Other Prominent Players
  9. Key Strategic Recommendations

 

Note: Financial information in case of non-listed companies will be provided as per availability

The segmentation and the companies are subjected to modifications based on the in-depth secondary for the final deliverable

 

List of Figures

 

Figure 1        Saudi Arabia Fire Detection System Segmentation

Figure 2        Saudi Arabia Fire Detection System Market Value Chain Analysis

Figure 3        Porter’s Five Forces Analysis

Figure 4        Saudi Arabia Fire Detection System Market Size, By Value (USD Million), 2018-2028

Figure 5        Saudi Arabia Fire Detection System Market Share, By Product, By Value, 2018-2028

Figure 6        Saudi Arabia Fire Detection System Market Share, By Fire Detectors, By Value, 2018-2028

Figure 7        Saudi Arabia Fire Detection System Market Share, By Fire Alarm, By Value, 2018-2028

Figure 8        Saudi Arabia Fire Detection System Market Share, By Application, By Value, 2018-2028

Figure 9        Saudi Arabia Fire Detection System Market Share, By Region, By Value, 2018-2028

Figure 10       Market Share Analysis, 2021

 

List of Tables

 

Table 1         Saudi Arabia Fire Detection System Market Size, By Product, By Value, 2018-2028

Table 2         Saudi Arabia Fire Detection System Market Size, By Fire Detectors, By Value, 2018-2028

Table 3         Saudi Arabia Fire Detection System Market Size, By Fire Alarm, By Value, 2018-2028

Table 4         Saudi Arabia Fire Detection System Market Size, By Application, By Value, 2018-2028

Table 5         Saudi Arabia Fire Detection System Market Size, By Region, By Value, 2018-2028

Table 6         Key Players and Their Offerings

Table 7         Competitive Benchmarking, By Operating Parameters

Table 8         Mergers, Acquisitions, Partnerships, etc.

Table 9         EMS Ltd Company Overview

Table 10        EMS Ltd Financial Overview

Table 11        Sterling and Wilson Pvt Ltd Company Overview

Table 12        Sterling and Wilson Pvt Ltd Financial Overview

Table 13        Wagner Group GmbH Company Overview

Table 14        Wagner Group GmbH Financial Overview

Table 15        HOCHIKI Company Overview

Table 16        HOCHIKI Financial Overview

Table 17        Honeywell International Inc Company Overview

Table 18        Honeywell International Inc Financial Overview

Table 19        Halma Plc Company Overview

Table 20        Halma Plc Financial Overview

Table 21        Apollo Fire Detector Company Overview

Table 22        Apollo Fire Detector Financial Overviews

Table 23        Napco Security Technologies Company Overview

Table 24        Napco Security Technologies Financial Overviews

Table 25        UTC Company Overview

Table 26        UTC Financial Overview

Table 27        SFFECO Company Overview

Table 28        SFFECO Financial Overview

Market Segmentation

By Type

  • Fire Detectors
  • Fire Alarms
  • Others

By Fire Detectors

  • Flame Detectors
  • Smoke Detectors
  • Heat Detectors
  • Others

By Fire Alarm

  • Audible Alarms
  • Visual Alarm
  • Manual Alarm

By Application

  • Commercial
  1. Banking, Financial Services and Insurance
  2. Retail
  3. Transportation and Logistics
  4. Government Infrastructure
  5. Healthcare
  6. Hospitality
  7. Others
  • Industrial
  1. Oil & Gas
  2. Chemicals
  3. Pharmaceutical
  4. Textile
  5. Others
  • Residential

By Region

  • Central
  • Southern
  • Eastern
  • Western
 
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