Fire is one of the most frequently occurring disasters in India. The country has been a victim of fire incidents numerous times across many regions. The tier-1 and tier-2 areas, along with the factories and industries are extremely vulnerable to fire. The excessive number of deaths in the nation is due to fire threats. The occurrence of fire hazards has become an area of concern for both the developed and developing nations. Therefore in India, fire safety equipments are a mature market. Fire and Security Association of India and The National Disaster Management Authority (NDMA) are taking many crucial steps towards prevention of such incidents.
According to the report title, “India Fire Safety Equipment Market, 2026”, the market in India is anticipated to grow at a CAGR of more than 14% in value terms in forecast periods. Fire safety equipment market is segregated into three major parts i.e. Fire Fighting Equipment, Fire Alarm & Detection Equipment and Fire Protection Equipment. Firefighting equipment is leading the market with market share of more than 40%. By application, market is segmented into commercial, industrial and residential parts. The penetration of fire safety equipments in industrial sector is low as compare to other sectors in India. According to the Bonafide Research market in residential sector is likely to grow at higher CAGR in forecast periods.
Get a free sample report : https://www.bonafideresearch.com/samplereport/211260021/india-fire-safety-equipment-market
Firefighting equipment is equipment designed to protect the user from fire. Firefighting equipment includes various equipments. By product, Fire Fighting Equipment market is segregated into two major parts first one is fire extinguisher which contains dry chemical (Powder), foam, carbon dioxide in types and second is Fire Hydrant and Sprinkler System. Fire hydrant and sprinkler system is leading the market with market share of more than 50% in value terms. In Fire Alarm and Detection, market is segregated into product such as fire alarm and fire detection. The usage of fire safety equipment is constantly increasing with corporations and commercial entities emphasizing lately on fire safety and security. Several state governments have now made it obligatory for commercial inception to ensure proper compliance with fire safety norms. By region, south region having the highest market share compare to east region having the lowest market share in fire safety equipments market.
With the escalation of competition as a result of entry of small domestic players as well as large multinational firms in the market, innovation and product distinction are going to be of primary importance over the next five years. Many companies are involving in Indian market; some of the prominent companies are Honeywell Automation India Limited, Siemens India, Ceasefire Industries Limited, Safex Fire Service Limited and New Age Fire Protection Industries Pvt. Ltd. These companies are contributing the market share of more than 25% in total fire safety equipment market.
The COVID-19 has affected every aspect of life worldwide. This has led to various changes in market conditions. Due to pandemic situation, expected growth in fire and safety equipment market is not achieved as per the target. The market has measured a downfall in value terms. However, in the forecasted period it is anticipated to grow with the higher CAGR.
Considered in this report
• Geography: India
• Base year: 2020-21
• Estimated year: 2020-22
• Forecast year: 2026-27
Aspects covered in this report
• India Fire Safety market with its value and forecast along with its segments
• Region-wise India Fire Safety market analysis
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
Regions covered in the report
Types of Fire Safety in the report
• Fire Fighting Equipment
• Fire Alarm & Detection Equipment
• Fire Protection Equipment
Get full access of the report : https://www.bonafideresearch.com/product/211260021/india-fire-safety-equipment-market
Major Companies in Fire Safety market
Ceasefire Industries Limited, Safex Fire Services Limited, Utc Fire & Security India Limited, Siemens India, Honeywell Automation India Limited, Udyogi, International Private Limited, New Age Fire Protection Industries Private Limited, HD Fire Protect Private Limited., Reliance Fire And Safety Limited, Usha Fire Safety Equipments (P) Limited, Kanadia, Fyr Fyter Private Limited, Safepro Fire Services Private Limited.
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Fire Safety industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
“India Fire Safety Market Outlook, 2026” discusses the following aspects of Fire Safety Market in India:
How it will help solving your strategic decision making process??
The report gives an in-depth understanding of Fire Safety in India:
• India Fire Safety Equipment Market Outlook
• India Fire Safety Equipment Market Size by Value
• India Fire Safety Equipment by Company
• India Fire Safety Equipment By Segment (Fighting, Alarm & Detection, Protection)
• India Fire Safety Equipment By Sector (Organized & Unorganized)
• India Fire Safety Equipment By Application (Commercial, Industrial, Residential)
• India Fire Safety Equipment By Region
• India Fire Fighting Equipment Market Size, Share & Forecast
• India Fire Fighting Equipment Market Size By Value
• India Fire Fighting Equipment Market Share By Product
• India Fire Alarm & Detection Equipment Market Outlook
• India Fire Alarm & Detection Equipment Market Size By Value
• India Fire Alarm & Detection Equipment Market Share By Product
• India Fire Protection Market Size & Forecast
• India Fire Protection Market Size By Value
• India Fire Protection Market Share By Product
• Product Portfolio By Company
• The key vendors in this market space
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various manufacturers of wind turbines in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
Please get in touch with our sales team in order to find out more.
Keywords: India, Global, Fire Safety, Market, Organised, Unorganised, Commercial, Industrial, Residential, Fire Fighting Equipment, Fire Alarm & Detection Equipment, Fire Protection, Fire Extinguisher, Dry Chemical (Powder), Foam, Carbon Dioxide, Fire Hydrant & Sprinkler System, Fire Alarm, Fire Detection, Smoke Detector, Heat Detector, Manual Call Point, Firemen Suit, Fire Blanket, CEASEFIRE INDUSTRIES LIMITED, SAFEX FIRE SERVICES LIMITED, UTC FIRE & SECURITY INDIA LIMITED, Siemens India, Honeywell Automation India Limited, Udyogi, International Private Limited, New Age Fire Protection Industries Pvt. Ltd, HD Fire Protect Pvt. Ltd., Reliance Fire and Safety Limited, Usha Fire Safety Equipments (P) Ltd, Kanadia, Fyr Fyter Private Limited, Safepro Fire Services Pvt. Ltd
Steven Thomas – Sales & Marketing Manager
E-mail: [email protected]
Asia-Pacific: +91 7878231309
Europe: +44 20 8089 0049
North America: +1 201 793 8545
Bonafide Research is the fastest growing global market research and consulting company providing syndicated research reports, customized research reports, and consulting services to a range of verticals. They have been closely working with a wide client base ranging from Fortune 1000 companies to small and medium enterprises by helping them in tracking the constantly changing market scenario.
Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day. Bonafide Research has a strong base of analysts and consultants from assorted areas of expertise who track the latest economic, demographic, trade and market data globally and help clients to make informed business decisions. They periodically update their market research studies to ensure that their clients get the most recent, relevant, actionable and valuable information for strategy development and to extract tangible results.