Active Fire Protection Market Set For Growth Post Covid-19
The active fire protection market is comprised of detection/alarms and suppression systems. Alarms and detection systems account for 63% of the overall active fire protection market, having gained slight share over the last two years, with the majority of installations of products and systems going into the non-domestic sectors. Domestic smoke alarms only account for a small portion of total market value.
Over the last decade or so, innovations in detection technology have significantly reduced the likelihood and number of false alarms, through such developments as improved capability of sensor technology in smoke detectors. However, the number of false alarms due to apparatus faults has stabilised in the last three years, suggesting that more recent product improvements are no longer having an impact on the number of false alarms.
AMA Research’s current forecast indicates a decline in 2020 due to the impact of Covid-19, this is down to the closing building sites, the furloughing of employees as well as restrictions on the supply of building materials throughout the world. The active fire protection market is expected to grow by 14% between 2020 and 2024.
Fire detectors, which serve to identify where a fire is occurring by locating heat, smoke or flames, before providing a warning of the blaze through an audible alarm and often through the alerting the fire service will outperform the market, increasing 17% between 2020 and 2024.
Higher levels of publicity and the greater awareness of fire safety measures, particularly within high rise buildings, should stimulate demand for active fire protection products. This should be seen in both new installations and particularly in the replacement sector.
Increasingly, businesses are adopting integrated fire and security systems, which is likely to remain a key feature of the industry. IT-based security systems, often including fire protection systems in combination with other security measures on a single network, such as video surveillance, access control and intruder alarms.
Laura Pardoe, Editor of the Active Fire Protection Market Report comments “the active fire protection sector is mature and has been primarily driven by the wider performance of the UK building and construction market. That said, changes to building regulations in the wake of the Hackitt Review will provide additional demand for the fire protection industry, particularly with regard to sprinkler systems in high buildings.”
The information was taken from the Active Fire Protection Market Report – UK 2020 -2024 by AMA Research, which is available to purchase now at www.amaresearch.co.uk or by calling 01242 235724.