Adoption of Fire Protection Systems for Industrial Cooking to Grow 1.7X by 2029
Fire stands amongst the most significant risks to commercial kitchens, where next-generation ingredients, robotic appliances, foodservice equipment, and novel cooking methods are set to fundamentally change the operational landscape. The fire protection systems market, catering to industrial cooking sector, is heavily driven by regulation and compliance. With fire protection becoming a condition of insuring properties where industrial cooking takes place, the market is projected to grow at a CAGR of 5.8% during the period, 2019-2029. While fire protection systems are not exactly at the forefront of the recent advancements in industrial cooking, companies are focusing on developing new methods of approaching fire-related threats in commercial kitchens and food processing units.
Key Factors Shaping Fire Protection Systems for Industrial Cooking Market
Progressive Technologies Act as Product Differentiators among Manufacturers
Rising integration of automation in the industrial sector is anticipated to create demand for advanced and cost-effective products. Manufacturers have made substantial investments in research and development to develop advanced systems with unique features, such as early suppression fast response fire sprinkler systems (ESFR). These systems are capable of releasing a high volume of water for industrial warehouses with high-piled inventory.
Introduction of intelligent fire alarm systems, combined with voice evacuation, has helped improve survivability in the event of fire, as these are highly customizable to provide improved life safety and fire emergency alerts.
Wireless Technologies and Compact Designs in Hardware to Gain More Relevance
By virtue of high efficiency, demand for technological advancements in fire protection systems such as intrusion detection and video surveillance are anticipated to gain more relevance. These devices are inexpensive and provide improved flexibility and lesser interruption during installation due to lack of cable and drill requirements. Conventionally, these systems were wired but with increasing traction towards space optimization, ease of installation has gained more relevance. This ease and convenience in installation will propel the demand for wireless industrial cooking fire detection systems.
Stringent Government Regulations and Safety Concerns Drive Market Growth
As a result of increased fire outbreaks in the industrial sector, numerous countries are creating rules and regulations for fire safety and management. National Fire Protection Association (NFPA) of U.S. has laid down several regulations, which mandate the installation of fire protection systems for industrial cooking. One such regulation is NFPA72, which provides the latest safety provisions to meet society's changing fire signaling, detection, and emergency communication demands.
Inaccuracy of old fire and security systems has created demand for new or upgraded fire protection systems for industrial cooking, providing lucrative growth opportunities to fire system suppliers or system integrators and manufacturers.
Increasing Food Processing and Manufacturing Units Open New Avenues
Manufacturing deeds in the Asia Pacific, Latin America, and the Middle East and Africa region are anticipated to entice many new market participants. Growing number of food processing and manufacturing units is predicted to have a high-level impact on the fire protection systems for industrial cooking market.
Fire Protection Systems for Industrial Cooking Market Structure Analysis
- With the presence of multiple installers, service providers, and integrators, the fire protection systems for industrial cooking market is fragmented.
- Tier I players such as Honeywell International Inc, Siemens AG, United Technologies Corporation, Emerson Electric Co., Johnson Controls International Plc, Gentex Corporation, together, are anticipated to account for nearly 30 percent of the global market share.
- Industrial cooking fire protection system manufacturers will continue to rely on approaches such as launch of technologically-enhanced fire protection systems for a stronger foothold in target markets.
Fire Management System Stays in Demand
Accounting for over 60% revenue share, fire management systems continue to witness higher innovations and investments that that in fire detection systems. Greater emphasis on effective fire management systems is allowing market stakeholders to leverage an array of technologies to target more customers. Fire suppression systems such as fire pumps and fire extinguishers continue to garner significant traction, as commercial kitchens have a large amount of flammable substances, potential fire sources, and the risk of rapid spread. On the other hand, low average unit cost of fire response systems continues to translate into greater volume sales over value gains.
North America at Forefront, Opportunities Abound in South Asia
Fire protection systems for industrial cooking worth of around US$ 1.9 Bn are set to be sold by 2019 end, in North America. The region thus holds a significant revenue share in market. Government initiatives to renovate older infrastructure to improve safety aspects and easy access to newer technologies will further open new avenues of market growth in North America. Stakeholders in fire protection systems market are viewing South Asia from target market perspective, attributing to the increasing number of foodservice outlets, chain restaurants, and quick service restaurants in the region.
Market Witnessing Synergy of Advanced Fire Protection Technology and Cloud Kitchen
Technological advances will continue to make firefighting quicker, easier, and more effective. Emergence of sound wave fire extinguisher, throwable fire extinguisher, water mist system, integrated voice evacuation and messaging system, and personalized vocal smoke alarms has been increasingly contributing to the demand for advanced fire protection systems for industrial cooking. Market players are targeted towards capitalizing on growing popularity of virtual or cloud kitchen. With booming food delivery market, many foodservice operators are forced to trade-off dine-in experience with rapidly expanding delivery business, leading to significant investments in cloud kitchen. Rise in number of this new form of commercial kitchen is expected to open a window of opportunity in the market for fire protection systems for industrial cooking. Ongoing trend of integrating fire protection systems with emergency elevator evacuation system is also compelling market players to innovate and set their products apart from the competition.
Fire management system takes the lead
Steady demand for fire detection system
Surging adoption in industrial kitchens
Demand from food processing units increase rapidly
How Growth will Unfold
Demand for fire protection systems for industrial cooking is currently based on growing stringency of industrial fire safety standards and regulations in line with companies’ strong focus on developing high-return products, especially the ones that connect end users with popular trends. Adoption of fire protection systems in industrial kitchens continues to account for major share of stakeholders’ bottom lines, while growing use in food processing units, especially in North America, is projected to result in increased market share. Demand for fire protection systems for industrial cooking is further gaining a significant boost from a large number of industrial kitchens in Europe and food processing units in East Asia.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Fire Protection Systems for Industrial Cooking Market Analysis 2019 - 2029
A recent market study published by FMI on the Fire Protection Systems for Industrial Cooking market includes the global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The market study summarizes the trends, drivers, and other factors impacting the growth of the Fire Protection Systems for Industrial Cooking market. After conducting thorough research on the historical as well as current growth parameters of the Fire Protection Systems for Industrial Cooking market, the growth prospects of the market are obtained with maximum precision.
Fire Protection Systems for Industrial Cooking Market Taxonomy
The global Fire Protection Systems for Industrial Cooking market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
Product
- Fire Detection System
- Flame Detectors
- Smoke Detectors
- Fire Management System
- Fire Extinguishers
- Water Extinguishers
- Foam Extinguishers
- Dry Chemical Extinguishers
- CO2 Extinguishers
- Fire Suppression System
- Water Fire Suppression Systems
- Gaseous/Clean Agent Fire Suppression Systems
- Foam Fire Suppression Systems
- Powder Fire Suppression Systems
- Fire Extinguishers
- Fire Response System
- Emergency Lighting
- Fire Alarm Devices
End Use
- Food Processing Units
- Meat and Fish
- Dairy Products
- Sugar and Confectionery
- Tortilla and Bakery
- Other Food and Kindred Products
- Industrial Kitchens
Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- MEA
What's Included
The report initiates with the executive summary of the Fire Protection Systems for Industrial Cooking market, which includes a summary of the key findings and statistics, technology roadmap, analysis & recommendations along with demand & supply-side trends pertaining to the Fire Protection Systems for Industrial Cooking market.
In this chapter, readers can find the definition and a detailed taxonomy of the Fire Protection Systems for Industrial Cooking market, which will help them understand basic information about the market. Along with this, comprehensive information about Fire Protection Systems for Industrial Cooking such as market definition, scope, and limitations are provided in this section.
This chapter explains key market trends that are expected to influence the growth of the Fire Protection Systems for Industrial Cooking market during the forecast period. Along with key market trends, this section also highlights product innovations and ongoing development trends in the Fire Protection Systems for Industrial Cooking market.
This section explains key success factors contributing to global market growth for the Fire Protection Systems for Industrial Cooking market in the forecast period of 2019- 2029.
This section explains global standards and regulations incorporated by government organizations, which are mandatory during installations of Fire Protection Systems for Industrial Cooking.
This section explains the global market value analysis and forecast for the Fire Protection Systems for Industrial Cooking market in the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical Fire Protection Systems for Industrial Cooking market, along with current and future market volume projections and y-o-y growth trend analysis.
This section explains the regional pricing analysis by product type and global average pricing analysis benchmark for the Fire Protection Systems for Industrial Cooking market for the forecast period 2019-2029.
This section explains the global market value analysis and forecast for the Fire Protection Systems for Industrial Cooking market in the forecast period of 2019-2029. This chapter includes a detailed analysis of the historical Fire Protection Systems for Industrial Cooking market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029).
This chapter explains key macro-economic factors that are expected to influence the growth of the Fire Protection Systems for Industrial Cooking market during the forecast period. Along with the macroeconomic factors, this section also highlights the value chain analysis, parent market, and forecast factors for the Fire Protection Systems for Industrial Cooking market. Moreover, in-depth information about market dynamics and their impact analysis has been provided in the section.
This chapter includes introduction/key findings along with historical market size (US$ Mn) and volume analysis by product type for 2014 - 2018. The market is segmented into fire detection systems and fire management systems.Fire detection systems are further segmented into flame detectors and smoke detectors. Fire management systems are further segmented into fire extinguishers (water extinguishers, foam extinguishers, dry chemical extinguishers, CO2 extinguishers), fire suppression systems (water fire suppression systems, gaseous/clean agent fire suppression systems, foam fire suppression systems, powder fire suppression systems), and fire response systems (emergency lighting, fire alarm devices).
This chapter includes introduction/key findings along with historical market size (US$ Mn) and volume analysis by end use, 2014 – 2018. The market is segmented into food processing units (meat and fish, dairy products, sugar and confectionery, tortilla and bakery, other food & kindred products) and industrial kitchens.
This chapter explains how the Fire Protection Systems for Industrial Cooking market will grow across various geographic regions such as North America, Latin America, Europe, South Asia, East Asia, Oceania, and the Middle East and Africa.
This chapter includes a detailed analysis of the North America Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the market growth along with impact analysis of drivers and restraint. Moreover, in-depth information about the market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the Latin America Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes Brazil, Mexico, and Rest of Latin America. Readers can also find market growth along with impact analysis of drivers and restraint. Moreover, in-depth information about the market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the Europe Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes Germany, Italy, France, the U.K., Spain, BENELUX, Russia, and Rest of Europe. Readers can also find market growth along with impact analysis of drivers and restraints for the regions here. Moreover, in-depth information about market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the South Asia Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes India, Thailand, Indonesia, Malaysia and Rest of South Asia. Readers can also find the market growth along with impact analysis of drivers and restraint for the region here. Moreover, in-depth information about market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the East Asia Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes China, Japan, and South Korea. Readers can also find market growth along with impact analysis of drivers and restraints for the region here. Moreover, in-depth information about the market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the Oceania Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes Australia and New Zealand. Readers can also find the market growth along with impact analysis of drivers and restraints for the region here. Moreover, in-depth information about the market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of the Middle East & Africa Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes GCC Countries, Turkey, Northern Africa, South Africa, and the Rest of Middle East and Africa. Readers can also find the market growth along with impact analysis of drivers and restraint for the region here. Moreover, in-depth information about market attractiveness on the basis of product and end-use segments has been provided in the section.
This chapter includes a detailed analysis of emerging economies for Fire Protection Systems for Industrial Cooking market, along with a country-wise assessment that includes China, India, and Brazil. Readers can also find market value proportion analysis by market taxonomy, market volume and value analysis and forecast for the region here.
In this chapter, readers can find market analysis by tier of companies, market concentration, market share analysis of top players and market presence analysis on the basis of regional, channel and product footprints.
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the Fire Protection Systems for Industrial Cooking market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments.
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the Fire Protection Systems for Industrial Cooking market report.
This chapter helps readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the Fire Protection Systems for Industrial Cooking market.
How the research was conducted?
Primary Research
- C - Level Executives
- Marketing Directors
- Product Managers
- Business Development Officers
- Production Managers
- Procurement Heads
- Sales Executives
- Distributors
- Traders
- Raw Material Suppliers
- Industry Experts
- Operators
- End Users
- Current market dynamics and challenges
- Yesteryear trends
- Market characteristics
- Market performance and growth quadrants
- Competition structure and market structure
- Strategic growth initiatives
- Near-term and long-term market growth prospects
- Market segment splits and authenticity
- Opinions on market projections and validity of assumptions
Secondary Research
- Industry Publications
- Industry Associations
- International Trade Association
- Factiva
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits
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