NEWARK, Del, June 09, 2022 (GLOBE NEWSWIRE) — A new Future Market Insights (IMF) study reveals that Asian markets are becoming very lucrative for manufacturers of fire protection systems for the industrial cooking industry, as the Asia-Pacific is experiencing strong growth in the commercial kitchen and catering industry.
The emergence of intelligent and automatic fire suppression systems capable of releasing large volume of water in industrial warehouses with stacked inventory is expected to accelerate the market in the near future. These systems are also capable of improving survivability during fires using voice evacuation features.
Mainly driven by the rapid increase in the establishment of manufacturing and food processing units, the adoption of fire protection systems for industrial cooking is further fueled by the industrial safety regulatory framework. Market construction has been solid over the past decade and is expected to reach a healthy CAGR of 6% over the forecast period (2022 – 2029).
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Key Takeaways – Industrial Cooking Fire Protection Systems Market Research
- Wireless, automatic, and compact designs of fire alarm systems that fit most industrial setups and comply with guidelines set by regulatory bodies such as the NFPA are expected to gain in popularity.
- The high installation and maintenance costs of wired alarms will lead to less preference for these systems in the future.
- The major players are focusing on launching fast-response, early-suppression fire sprinkler systems that can release large volumes of water (100 gallons per minute) and have improved response time.
- North America currently accounts for more than a quarter of the global market value and will continue to dominate the industrial cooking fire protection systems market.
- In the context of a large number of fires in the United States, strategic collaborations between manufacturers and installers will supplement the growing demand for fire protection systems in the industrial cooking sector.
- The growing demand for commercially prepared foods has paved the way for an increasing number of food establishments and restaurant chains. Robust growth in food businesses has been witnessed in recent years, which is expected to reduce cooking activities in the premises of industrial and manufacturing units.
Fire protection systems for industrial cooking are designed and installed in accordance with standards, codes and rules based on actual fire tests. Product customization, with advanced and proven fire protection system installations, will play a key role in the value chain of the market.
The competitive landscape remains fragmented
The market structure is considered to be quite fragmented, with a large number of small companies offering identical products. In addition, the increasing number of players in the market for fire protection systems for industrial cooking has pushed manufacturers to mainstream integration in terms of services, offering installation, product advice and support after -sale.
Key players such as Honeywell International Inc, Siemens AG, United Technologies Corporation, Emerson Electric Co., Johnson Controls International Plc, and Gentex Corporation hold a significant share of the market in terms of revenue, supported by long-term partnerships with consumers and well – established sales networks.
On the other hand, major manufacturers are strategically acquiring regional players and retaining their brands to expand their global presence. For example, Johnson Controls International Plc provides security services and solutions such as fire suppression systems under many brands, including Ansul, Tyco Integrated Security and Tyco SimplexGrinnell.
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What future for the Industrial Cooking Fire Protection Systems market?
The increased inclination towards performance efficiency will continue to be the primary driver for the development of state-of-the-art fire protection systems for use in various industries. Most customers are inclined to purchase fire protection systems with new connectivity systems and reduced response times.
Fire protection systems for industrial kitchen market By Category
- Fire detection system
- Flame Detectors
- Smoke detector
- Fire management system
- Fire extinguishers
- Water extinguishers
- Foam fire extinguishers
- Chemical powder extinguishers
- CO2 extinguishers
- Fire extinguishers
- Fire extinguishing system
- Water fire extinguishing systems
- Gaseous/Clean Agent Fire Extinguishing Systems
- Foam Fire Extinguishing Systems
- Powder fire extinguishing systems
- Fire response system
- Emergency lighting
- Fire alarm devices
- Food processing units
- Meat and fish
- Dairy products
- Sugar and Confectionery
- Tortilla and Bakery
- Other food and related products
- Industrial kitchens
- North America
- Latin America
- East Asia
- South Asia
- Middle East and Africa (MEA)
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Technology roadmap
1.5. Analysis and recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits
3. Key Market Trends
3.1. Key trends impacting the market
3.2. Product Innovation / Development Trends
4. Key success factors
4.1. Product Adoption / Usage Analysis
5. Global fire protection system standards
5.1. Global Industrial Fire Protection Systems – Standards and Regulations
5.2. Fires in industrial or manufacturing properties by type of incident
5.3. Structural fires in catering establishments by main cause
5.4. Industrial and manufacturing property codes and standards
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