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[English Market Research Report] Global Market for Fire Protection Systems

Fire Protection System Market

The global fire protection systems market is projected to expand from USD 66.8 billion in 2022 to USD 92.1 billion by 2027, growing at a CAGR of 6.6%. In this field, the emergence of fully automated building control systems has been a decisive advancement. Additionally, the increase in the construction of small and large residential and commercial buildings worldwide is contributing to market growth. By product, the fire suppression sector is expected to lead the fire protection systems market during the forecast period. The growth of this market is driven by advancements and innovations in technology within the construction industry, an increase in policies and regulations, government directives, and the rise in damage to life and property caused by fires. This report analyzes the global fire protection systems market, examining the fundamental structure of the market, the latest developments, key market drivers and restraints, forecasts of market trends by product, service, industry, supporting technology, and region, the state of market competition, and profiles of major companies.

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