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Fire Protection System Market to Grow by USD 14.58 Billion (2024-2028), Boosted by IoT & Big Data Integration with Smoke Detectors, with AI Driving Market Transformation – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global fire protection system market size is estimated to grow by USD 14.58 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  6.78%  during the forecast period. Integration of smoke detectors with iot and big data is driving market growth, with a trend towards growth in adoption of wireless technology in fire detection systems. However, high installation and maintenance cost of fire protection systems  poses a challenge. Key market players include ABB Ltd., API Group Corp., Carrier Global Corp., Eaton Corp. Plc, Encore Fire Protection, Fire Suppression Ltd., Fireline Corp., Firetrol Protection Systems Inc., Gentex Corp., Halma Plc, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc., Minimax GmbH, Napco Security Technologies Inc., RTX Corp., Robert Bosch GmbH, Securitas AB, Securiton AG, and Siemens AG.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Fire Protection System Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 6.78%

Market growth 2024-2028

USD 14582 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.23

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 41%

Key countries

US, China, UK, Germany, and Japan

Key companies profiled

ABB Ltd., API Group Corp., Carrier Global Corp., Eaton Corp. Plc, Encore Fire Protection, Fire Suppression Ltd., Fireline Corp., Firetrol Protection Systems Inc., Gentex Corp., Halma Plc, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc., Minimax GmbH, Napco Security Technologies Inc., RTX Corp., Robert Bosch GmbH, Securitas AB, Securiton AG, and Siemens AG

Market Driver

The Fire Protection System market is experiencing significant growth due to increasing safety concerns and regulatory requirements. Federal custodians and building owners are prioritizing fire safety in residential and commercial buildings. The labor program and policies and regulations are driving the retrofit infrastructure of existing buildings with advanced technologies such as fire detection devices, sprinkler systems, and fire extinguishers. Construction equipment and facility management companies are integrating building automation and response teams with fire control communicators and sprinkler supervisory systems. Advanced technologies like fire analysis, mapping, and real-time information are becoming essential for risk management and safety concerns. Companies like BakerRisk are providing fire analysis services using Fire Safety Order and responsible persons (RPs) to ensure compliance with building codes. Economic advancements and construction activities are leading to the adoption of fire safety norms in various sectors, including hospitals, educational institutions, and oil & gas. Fire protection system providers offer managed services, including fire detection systems, suppression systems, maintenance services, and energy efficiency solutions. Fire hose reels, hydrant systems, and automatic sprinkler systems are essential components of fire safety procedures. Fire codes and safety systems are being updated regularly, requiring installers to stay informed of regulatory updates. Advanced technologies like RFID systems, smoke detectors, heat detectors, and flame detectors are being integrated into fire protection systems to improve fire safety procedures. Wet-pipe, dry-pipe, pre-action, and deluge fire sprinklers are essential for effective fire suppression. Wireless alarm systems and water mist technology are also gaining popularity due to their efficiency and reliability. 

Wireless fire detection and alarm systems are essential solutions for modern enclosed structures such as offices, hotels, monuments, halls, and warehouses. These systems do not require traditional cabling, making installation simple and quick. The system comprises a radio gateway, radio fire detectors, and radio manual call points. A dual-band system with frequencies of 433 MHz and 868 MHz, and multiple channels, ensures stable communication between devices. The absence of wires maintains the building’s interior integrity and enhances aesthetics. 

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Market Challenges

The Fire Protection System market faces various challenges in the real estate sector. Federal custodians and tenants require compliance with labor programs, policies, and regulations. Retrofitting infrastructure with advanced technologies and materials, such as fire detection devices and suppression systems, can be costly and complex. Construction activities and building automation also pose challenges, as does ensuring the availability of response teams and fire control communicators. Technology and materials, including fire sprinkler systems, fire extinguishers, and fire alarm equipment, must meet stringent building codes. Executive leadership and risk management prioritize safety concerns, with Royal Assent and Fire Safety Orders driving regulatory updates. Responsible persons (RPs) in residential buildings must oversee fire safety procedures, while installers navigate supply chain disruptions and regulatory compliance. Fire analysis, including fire mapping and real-time information, is essential for effective fire safety systems. Advanced technologies like wireless sensor networks and fire suppression systems offer energy efficiency and improved response times. Fire Protection Systems encompass fire hose reels, hydrant systems, and automatic sprinkler systems, among other solutions. Energy efficiency, fire safety norms, and economic advancements continue to shape the market. Key sectors, such as hospitals, educational institutions, oil & gas, and manufacturing, prioritize fire safety procedures and systems. Fire codes and safety systems continue to evolve, with managed services and energy and power solutions playing crucial roles. Fire detection systems, including smoke detectors, heat detectors, RFID systems, and flame detectors, are essential components of comprehensive fire protection strategies. Wet-pipe, dry-pipe, pre-action, and deluge fire sprinklers, along with fire alarm systems, ensure safety in various applications. Fire sprinkler contractors and maintenance services offer expertise in designing, installing, and maintaining these systems. Fire safety systems, including smoke management and ventilation systems, are critical for minimizing damage and ensuring occupant safety. In conclusion, the Fire Protection System market faces numerous challenges, including regulatory compliance, technology integration, and cost management. However, advancements in fire detection, suppression, and analysis technologies, along with the evolving regulatory landscape, provide opportunities for growth and innovation. By prioritizing safety, efficiency, and regulatory compliance, stakeholders can create effective and sustainable fire protection solutions for various industries and applications.Fire protection systems involve significant upfront investments due to the need for various components such as alarms, smoke detectors, and fire suppression systems. The cost is further increased by the labor expenses for installation, which are high due to the intricacy of networks and the need for advanced tools. Vendors continually upgrade their solutions and innovate new technologies, driving up the cost for buyers in the residential, commercial, and government sectors.

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Segment Overview 

This fire protection system market report extensively covers market segmentation by  

Product 1.1 Fire detection1.2 Fire suppression1.3 Fire response1.4 Fire analysisApplication 2.1 Commercial2.2 Industrial2.3 ResidentialGeography 3.1 North America3.2 APAC3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Fire detection-  The fire detection product segment dominates the global fire protection system market due to its essential role in early fire detection and warning. A fire detection system includes components like smoke detectors, alarms, water sprinklers, and fire suppression systems. These devices collaborate to identify and alert individuals through audio and visual equipment, such as speakers and alarms, during smoke, carbon monoxide, or fire incidents. Regulatory bodies, such as the National Fire Protection Association (NFPA) and the Building Code of Australia, mandate the installation of fire detection systems in various public places, including malls, hospitals, stadiums, and other public gatherings. This regulatory compliance and safety concern will boost the demand for fire detection systems and the overall fire protection system market.

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Research Analysis

The Fire Protection System Market encompasses a range of technologies and services designed to prevent, detect, and suppress fires in various structures. Key components include fire alarm systems, fire suppression systems, fire hose reels, fire hydrant systems, automatic sprinkler systems, smoke management systems, ventilation systems, and stairwell-pressurization systems. These systems are essential in various sectors, including hospitals, educational institutions, and commercial buildings. Policies and regulations, such as labor programs and fire safety procedures, play a crucial role in driving market growth. Retrofitting infrastructure with advanced fire protection systems is a significant trend, as is the integration of wireless sensor networks for early detection and real-time monitoring. Supply chain disruptions can impact market growth, while energy efficiency is a key consideration for many fire protection solutions. Fire sprinkler contractors are an essential part of the value chain, ensuring proper installation and maintenance of fire protection systems.

Market Research Overview

The Fire Protection System market encompasses a range of technologies and services designed to prevent, detect, and suppress fires in various structures. This includes federal custodians and tenants implementing policies and regulations to ensure fire safety. Retrofitting infrastructure with advanced technologies such as fire detection devices, sprinkler systems, and suppression systems is crucial for existing buildings. Construction equipment and facility management play key roles in installing and maintaining these systems during new building projects. Building automation and response teams are essential for effective fire control communication. Advanced technologies like fire analysis segment, mapping, real-time information, and wireless sensor networks contribute to improved fire safety. Companies specializing in fire safety norms, fire codes, and executive leadership provide essential guidance. Responsible persons (RPs) overseeing residential buildings, hospitals, educational institutions, and other structures implement fire safety procedures and ensure adherence to regulations. Fire safety norms, economic advancements, and construction activities drive the demand for fire protection systems. Key components include water supply, water delivery, and distribution systems, as well as retrofitting, fire alarms, and suppression systems. Energy efficiency, smoke management, and ventilation systems are also critical elements. Fire protection contractors offer managed services, while energy and power sectors, oil & gas industries, and wireless alarm systems further expand the market.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductFire DetectionFire SuppressionFire ResponseFire AnalysisApplicationCommercialIndustrialResidentialGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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The 3rd China-ASEAN Innovation and Entrepreneurship Competition is now recruiting

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KUALA LUMPUR, Malaysia, Feb. 27, 2025 /PRNewswire/ — In collaboration with ASEAN Secretariat, the Ministry of Science and Technology of the People’s Republic of China will host the 3rd China-ASEAN Innovation and Entrepreneurship Competition.

Recently, the organizing committee of the competition, together with TusStar Malaysia,has successively conducted multiple promotional events and competitions in ASEAN countries such as Thailand, Indonesia, Malaysia, Vietnam, and Singapore, receiving enthusiastic responses from universities, innovation institutions, and science parks.

Welcome to join this international competition, showcase your entrepreneurial talent, and win generous prizes and honors!

Reason

Authoritative Endorsement: A national-level competition that bridges innovative resources between China and ASEAN.

Substantial Incentives: Total prize exceeding with RMB 500,000.

Global Exposure: Winning projects will gain international media spotlight, investment matchmaking, and support for market entry in ASEAN.

Fields

The Competition focuses on green and low-carbon technologies, as well as AI+ innovations across various fields, including but not limited to: energy conservation and environmental protection, new energy, new energy vehicles, new materials, carbon neutrality technologies, circular economy, and more.

Awards

Awards for Team Group

A total of the 6 entries will be awarded prizes and certificates of honor, namely 1 first prize with an award of RMB 50,000, 2 second prizes with RMB 30,000 each, and 3 third prizes with RMB 10,000 each.

Awards for Enterprise Group

A total of the 6 entries will be awarded prizes and certificates of honor, namely 1 first prize with an award of RMB 50,000, 2 second prizes with RMB 30,000 each, and 3 third prizes with RMB 10,000 each.

Creativity Star

A total of the 8 entries from Team Group and Enterprise Group ranked 13th to 20th in the Final will be awarded prizes and certificates of honor, with an award of RMB 4,000 each.

Cooperation Star

A total of the top 8 entries from Team Group or Enterprise Group that do not advance to the Final, while demonstrating China-ASEAN cooperation, will be awarded prizes and certificates of honor, with an award of RMB 4,000 each.

Participation Method:

You may find more information and download registration form through the following link:

http://www.caiec.cattc.org.cn:480/resource/offWeb/match/index.html

Please send all the registration materials to the mailbox caiec2022@vip.163.com (CC:caiecserviceteam@gmail.com).

The Final of the competition will be held tentatively in July 2025 in Kuala Lumpur, Malaysia

From Startup to Success, the competition will provide you with comprehensive support and opportunities to showcase your talents. Take Your Business to the Next Level. Seize the Opportunity and Register Now! 

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SOURCE TusStar

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Practicing Sustainability: DEKRA Honored with ‘Global Eco Partner Award’

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BEIJING, Feb. 27, 2025 /PRNewswire/ — At the 2025 Automotive Supply Chain New Ecology Conference, organized by China Automotive News under the guidance of China Energy & Automotive Media Group Ltd., DEKRA was recognized with the prestigious Global Eco Partner Award. This accolade highlights DEKRA’s outstanding contributions to the automotive supply chain ecosystem.

Driving a New Ecosystem, Shaping a Sustainable Future

With the rapid growth of the new energy vehicle market, advancements in battery technology, automated and connected driving have accelerated the transformation of supply chain enterprises. This shift not only facilitates the new energy vehicle industry but also injects new vitality into the entire automotive supply chain.

The conference aimed to foster an open, collaborative, and inclusive industrial ecosystem, strengthening innovation-driven development, promoting the deep integration of the automotive supply chain and achieving sustainable development. Industry leaders, corporate executives, and experts convened to explore emerging trends, opportunities, and challenges while sharing best practices and strategies for enhancing cross-sector collaboration and sustainable business models.

DEKRA: Empowering the Future of the Automotive Supply Chain

As a global leader in safety, security and sustainability, DEKRA provides comprehensive services across the automotive supply chain, including homologation, testing and certification for automotive components, audit and management system certification, as well as cybersecurity and functional safety services.

Receiving the Global Eco Partner Award reaffirms DEKRA’s dedication to advancing the automotive supply chain ecosystem. Looking ahead, DEKRA remains committed to sustainability, continuously innovating service portfolio and enhancing service quality. Through close collaboration with global partners, DEKRA aims to build a safe, sustainable, and mutually beneficial automotive supply chain.

DEKRA is a global leader in testing, inspection, and certification, dedicated to becoming a trusted partner in safety and sustainability. With outstanding performance in corporate social responsibility and sustainability management, DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

About DEKRA

For 100 years, DEKRA has been a trusted name in safety. Founded in 1925 with the original goal of improving road safety through vehicle inspections, DEKRA has grown to become the world’s largest independent, non-listed expert organization in the field of testing, inspection, and certification. Today, as a global partner, the company supports its customers with comprehensive services and solutions to drive safety and sustainability forward—fully aligned with DEKRA’s anniversary motto, “Securing the Future.” In 2024, DEKRA is expected to generate revenue of 4.3 billion euros. Around 49,000 employees are providing qualified and independent expert services in approximately 60 countries across five continents. DEKRA holds a Platinum rating from EcoVadis, placing it among the top 1% of the world’s most sustainable companies.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/practicing-sustainability-dekra-honored-with-global-eco-partner-award-302386825.html

SOURCE DEKRA Asia Pacific

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YeahIPTV Expands 8K IPTV Offerings Amid Growing Demand for High-Resolution Streaming in 2025

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BOSTON, Feb. 26, 2025 /PRNewswire/ — In a significant move for the IPTV industry, YeahIPTV has announced a new, lower pricing structure, making 8K Ultra-HD streaming more accessible than ever before. As the demand for high-resolution streaming, multi-device access, and seamless viewing experiences continues to grow, YeahIPTV aims to position itself as the go-to choice for users seeking premium IPTV at a competitive price point. Industry analysts at Radiumify Limited note that this shift reflects broader trends in the IPTV market, where affordability and quality are becoming key differentiators.

Unmatched 8K Streaming for a Superior Viewing Experience

The introduction of 8K streaming on all channels marks a major milestone in IPTV services. With crystal-clear resolution, improved color accuracy, and ultra-smooth frame rates, YeahIPTV ensures users can experience live TV, sports, and on-demand content at the highest quality available in 2025. While traditional cable and mainstream streaming platforms continue to limit their resolution capabilities, YeahIPTV is setting a new industry benchmark by offering 8K across its entire catalog.

Streaming on Up to 5 Devices from Different Locations

Flexibility remains a core feature of YeahIPTV‘s latest offering. Users can now stream on up to five devices simultaneously, each from a different IP address, allowing families, friends, or even business users to enjoy content without restrictions. Whether accessing live sports, premium entertainment, or international TV channels, subscribers can watch from multiple locations, making YeahIPTV an ideal solution for those who travel frequently or have shared access needs.

Revolutionizing IPTV Payments with Cryptocurrency

YeahIPTV is also embracing a future-forward payment model, becoming one of the few IPTV providers to exclusively accept Bitcoin and other cryptocurrencies. This shift enhances security, privacy, and global accessibility, ensuring users can subscribe from anywhere in the world without the limitations of traditional banking.

“By adopting cryptocurrency as our sole payment method, we’re offering customers an extra layer of privacy and financial freedom,” said a spokesperson for YeahIPTV. “This approach eliminates the risks of chargebacks, protects user data, and enables seamless transactions worldwide.”

The Growing Demand for Affordable IPTV Solutions

Industry analysts predict that IPTV will continue to disrupt the traditional television industry, particularly as fiber-optic networks, 5G expansion, and broadband advancements make ultra-high-definition streaming more viable. Consumers are shifting toward IPTV solutions that offer:

Cost savings over traditional cable and satellite TV.A wider selection of international channels and on-demand content.Higher resolution streaming with lower latency.Flexible multi-device access without geographical restrictions.

With mainstream streaming platforms increasing their subscription fees and limiting content availability due to licensing restrictions, IPTV providers like YeahIPTV are bridging the gap by offering premium services without excessive costs. The newly adjusted pricing aims to reinforce this value-driven approach while ensuring users receive the highest-quality entertainment experience available today.

YeahIPTV’s latest pricing update is expected to make 8K streaming more accessible to a global audience, providing subscribers with an affordable alternative to traditional pay-TV models. With the added benefits of multi-device streaming, cryptocurrency payments, and a robust content library, the service continues to position itself as a leader in the IPTV market.

For more information about YeahIPTV’s pricing plans and features, visit YeahIPTV’s website.

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