Airport Fire Safety Equipment Market: Introduction
The aviation industry is highly cost intensive in nature and thus, any error or mishap can lead to immense damages to an airport’s infrastructure and cause significant economic loss. To cope up with the risks associated with airport accidents, airports are equipped with fire safety equipment. Emergency communication systems (ECS), fire extinguishers, fire suppression systems, fire alarm & detectors and smoke detectors are few such fire safety equipment generally installed AT airports. Many manufacturers are focusing on designing fire safety equipment which meet the demands of customers and are portable and easy to operate. Airport fire safety equipment are mainly installed either at airport terminals or the airside which consists of the cargo terminal, aprons/hangers, airport traffic control building and fire depot. That apart, the airport staff is also equipped with elite fire protection equipment to cope up with emergency situations. These include fire blankets, masks and other small scale equipment. Moreover, stringent government regulations for necessary installation of fire safety equipment are anticipated to have a positive impact on the growth of airport fire safety equipment market over the forecast period.
Airport Fire Safety Equipment Market: Dynamics
Stringent government regulations for mandatory installation of fire safety equipment at airside as well as airport terminals to ensure the safe working of an airport as well as safety of passengers is anticipated to increase the demand for airport fire safety equipment in the coming years. This is expected give a necessary boost to the growth of airport fire safety equipment market in the coming years. Moreover, manufacturers are focusing on constant innovation and introducing new products in the market which will be capable of handling fire accidents in a much efficient manner. This is one of the prime reasons which is anticipated to ramp up the airport fire safety equipment market in the coming years. Moreover, the governments of numerous economies across the globe are focusing on strengthening their transport infrastructure. In line with this objective, investments in construction of new airports and terminals are anticipated to increase in the coming years. This is anticipated to increase the demand for airport fire safety equipment, such as fire extinguishers, fire alarms and suppression systems. Furthermore, installation of fire sensors and detectors for improved fire detection at airports is anticipated to promote the growth of the airport fire safety equipment market in the coming years.
Furthermore, increasing trend of integration of emergency communication systems and fire alarms is anticipated to further ramp up the airport fire safety equipment market. The slowdown in the aviation industry might derail the investments being made for the construction of new airports and terminals, this is anticipated to derail the demand for airport fire safety equipment in the coming years.
Airport Fire Safety Equipment Market: Segmentation
On the basis of type, the airport fire safety equipment market can be segmented into:
On the basis of layout of installation, the airport fire safety equipment market can be segmented into:
Airport Fire Safety Equipment Market: Regional Outlook
Increasing investments for the construction of new terminals and airports in MEA and Europe coupled with increasing passenger traffic will increase the demand for airport fire safety equipment in these regions. Moreover, anticipated growth of the commercial aviation industry in North America and Europe will further give a boost to the airport infrastructure in the country, which will subsequently ramp up the airport fire safety equipment market in near future. Furthermore, stringent government regulations for the mandatory installation of fire safety equipment in developing countries of Asia Pacific and Latin America region will give a boost to the airport fire safety equipment market over the assessment period.
Airport Fire Safety Equipment Market: Key Participants
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
Regional analysis includes:
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.