Industrial Cooking Fire Protection Systems Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 8.70 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Industrial Cooking Fire Protection Systems Market Analysis
The Industrial Cooking Fire Protection Systems Market is expected to grow at a CAGR of 8.7% over the forecast period 2021 to 2026. Technological advancements and innovations drive the growth of the market in cooking equipment and techniques. Besides, rigorous regulatory standards held by many government agencies and associations for the obstruction of fire mishaps in industrial cooking areas are also fostering the growth of this market.
- In the food manufacturing business, the sensitivity of industrial kitchens to fire accidents with an enhanced rate of appropriation of high-energy cooking equipment is boosting the need for the industrial cooking fire protection systems worldwide. Fire protection systems companies are investing massively in R&D that would lead to innovative and active fire protection products.
- Fire suppressing systems such as fire extinguishers and fire pumps resume garnering notable traction, as commercial kitchens have a high number of potential fire sources, flammable substances, and the risk of accelerated spread. On the contrary, the low average unit cost of fire response systems remains to translate into more substantial volume sales exceed gains.
- The emergence of throwable fire extinguishers, sound wave fire extinguishers, water mist system, integrated voice evacuation, messaging system, and personalized vocal smoke alarms has been frequently added to the requirement for advanced fire protection systems industrial cooking.
- With the growing food delivery market, many foodservice operators such as Cloud Kitchens, Kitchen United, DoorDash Kitchens are made to trade-off dine-in experience with quickly growing delivery business, heading to substantial investments in cloud kitchen. Growth in the number of this new model of a commercial kitchen is anticipated to initiate a window of opportunity in the market for industrial cooking fire protection systems.
- The continuous trend of combining fire protection systems with emergency elevator evacuation system forces market players to innovate and set their products apart from the competition. Need for fire protection systems for industrial cooking is presently based on rising stringency of industrial fire safety standards and regulations in line with businesses' intense focus on promoting high-return products, notably those that connect end-users with popular trends.
Industrial Cooking Fire Protection Systems Market Trends
This section covers the major market trends shaping the Industrial Cooking Fire Protection Systems Market according to our research experts:
Fire Detection Systems to Drive the Market
- Increasing awareness of the safety and security of assets across the globe is expected to offer significant technological innovations in the Industrial Cooking Fire Protection Systems Market. Additionally, a rise in consumer spending on fire protection devices, especially across the enterprise and industrial sectors, to reduce the risk of accidents is expected to spur market growth.
- Implementing a smoke alarm and detection system has improved the safety quotient for industrial cooking fire protection systems. With technological development, the introduction of the wireless and addressable system has been the key to the improvement in the response time and has also assisted in reducing the false alarm frequency.
- According to the National Fire Protection Association, in 2018, the U.S. fire departments responded to a total of 2,889,000 false alarms. Malicious, fraudulent calls increased by 22% compared to 2017, accounting for 171,500 of all fake calls. Besides, according to the Security Industry Association, in 2019, the U.S. security alarms market totaled USD 4.75 billion as against USD 3.38 billion in 2014.
- Increasingly, companies such as Kidde KN-COSM-BA and First Alert are adopting fire alarm systems equipped with optical technology and dual-sensing technology to ensure employee security and warehouse maintenance. As technological developments redefine various industrial requirements, these companies focus on developing fire alarm systems specific to the operations and working conditions of the end-use industries such as high rise security systems.
- The smoke detectors segment is anticipated to control the fire detectors segment, and the trend is expected to continue over the forecast period. It is due to the substantial use of smoke detectors in the commercial and residential buildings since they are cost-effective and have a longer lifespan than other products.
North America to Dominate the Market
- North America presently is the foremost regional market for industrial cooking fire protection systems and is expected to remain in its dominant position shortly. Commercial cooking amenities in the region are provided with advanced fire protection systems that foster alarm immediately on the detection of smoke or in the case of excess oil accumulation that can generate fire.
- The growing number of food processing plants in the United States is driving the industrial cooking FPS market in North America. Besides, strict regulatory standards held by government agencies and associations for the prevention of fire accidents in industrial cooking areas in the United States drive this market.
- Also, in North America, the technological advancements and modernization of industrial kitchens for high-quality service and safeguarding destruction to life and property due to fire accidents are stressing the growth of this market.
- The major players in this region include Honeywell International Inc., Johnson Controls Inc., United Technologies Corporation, Ansul Incorporated, Emerson Electric & Co., and Gentex Corporation, among others.
Industrial Cooking Fire Protection Systems Industry Overview
The Industrial Cooking Fire Protection Systems Market is moderately competitive and consists of several major players. Multiple organizations of the market focus on organic growth strategies such as product approvals, product launches, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were mergers & acquisitions, and partnerships & collaborations. These exercises have flagged the way for the enlargement of business and customer base of market companies. The market players from the industrial cooking fire protection systems market are anticipated to lucrative growth opportunities in the future with the rising demand for industrial cooking fire protection systems.
- Feb 2020 - Halma, has acquired Sensit Technologies, LLC ('Sensit'), a gas leak detection company based in Indiana, USA. Sensit will become part of Halma's Process Safety sector and will continue to be led by its existing management team from its current location.
Industrial Cooking Fire Protection Systems Market Leaders
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Ansul Incorporated
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API Group Inc.
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Emerson Electric Company
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Johnson Controls International plc
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Gentex Corporation
*Disclaimer: Major Players sorted in no particular order
Industrial Cooking Fire Protection Systems Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Marker Drivers
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4.2.1 Sophisticated Modelling Techniques Used in the Heating Units
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4.2.2 Inclusion of Technology and Modernization of Commercial Kitchens for Increased Efficiency
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4.2.3 Increased regulation and compliance
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4.3 Market Restraints
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4.3.1 Increased Cost of Upgrading Traditional Fire Detectors to Smart Detectors
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4.3.2 Issues Related to False Alarms and Detection Failure
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4.4 Industry Attractiveness - Porter's Five Forces Analysis
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4.4.1 Bargaining Power of Suppliers
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Threat of New Entrants
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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4.5 Industry Value Chain Analysis
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4.6 Impact of COVID-19 on the Industrial Cooking Fire Protection Systems Market
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Fire Detection Systems
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5.1.1.1 Flame Detectors
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5.1.1.2 Smoke Detectors
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5.1.1.3 Heat Detectors
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5.1.2 Fire Management Systems
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5.2 Geography
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5.2.1 North America
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5.2.2 Europe
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5.2.3 APAC
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5.2.4 Rest of the World
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles*
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6.1.1 Tyco International PLC
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6.1.2 Ansul Incorporated
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6.1.3 API Group Inc.
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6.1.4 Emerson Electric Company
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6.1.5 Gentex Corporation
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6.1.6 Honeywell International Inc.
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6.1.7 Emerson Electric Company
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6.1.8 Siemens AG
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6.1.9 Halma PLC
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6.1.10 Hochiki Corporation
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6.1.11 Robert Bosch Gmbh
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6.1.12 Minimax GmbH & Company Kg
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6.1.13 National Fire Fighting Manufacturing Company
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6.1.14 United Technologies Corporation
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6.1.15 Nitin Fire Protection Industries Ltd.
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7. INVESTMENT ANALYSIS
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8. FUTURE OF THE MARKET
Industrial Cooking Fire Protection Systems Industry Segmentation
Industrial Cooking Fire Protection Systems are installed in commercial kitchens and food processing units to help limit fires and decrease the impact of fires that can end in loss of life and property. Industrial food processing units that use high-energy cooking equipment are sensitive to fire accidents that can cause irreversible damage to life or property.
| By Product | |||||
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| Fire Management Systems |
| Geography | |
| North America | |
| Europe | |
| APAC | |
| Rest of the World |
Industrial Cooking Fire Protection Systems Market Research FAQs
What is the current Industrial Cooking Fire Protection Systems Market size?
The Industrial Cooking Fire Protection Systems Market is projected to register a CAGR of 8.70% during the forecast period (2024-2029)
Who are the key players in Industrial Cooking Fire Protection Systems Market?
Ansul Incorporated, API Group Inc., Emerson Electric Company, Johnson Controls International plc and Gentex Corporation are the major companies operating in the Industrial Cooking Fire Protection Systems Market.
Which is the fastest growing region in Industrial Cooking Fire Protection Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Industrial Cooking Fire Protection Systems Market?
In 2024, the North America accounts for the largest market share in Industrial Cooking Fire Protection Systems Market.
What years does this Industrial Cooking Fire Protection Systems Market cover?
The report covers the Industrial Cooking Fire Protection Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Industrial Cooking Fire Protection Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Industrial Cooking Fire Protection Systems Industry Report
Statistics for the 2024 Industrial Cooking Fire Protection Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Industrial Cooking Fire Protection Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
