Market Trends of Industrial Cooking Fire Protection Systems Industry
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.
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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.
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