1.In recent years, problems have arisen at home and abroad in the development of clean fire technology. The so-called clean fire refers to fire-fighting products and fire-fighting equipment that do not produce environmental pollution and meet environmental protection requirements, that is, green fire protection products. “Environmental protection” is an important strategic measure for implementing sustainable development strategies in China in the new century. The development of “green fire protection products” is in line with the strategic direction of sustainable development and is also in line with the prospects of modern cities for ecological development. “Green fire protection products” will be the long-term future research and development. At present, the most important issue for China’s fire protection industry is the development and elimination of halon and the protection of atmospheric ozone-depleting fire-fighting products.
2.The purpose of building ‘smart firefighting’ is to raise the level of prevention and control of fire in society and improve the scientific level of command of firefighting and rescue. This is the process of transforming traditional firefighting into modern firefighting.
3.Risky Operations in Oil and Gas Sector Drive Global Market
The rising oil and gas activities across the globe to cater to the ever-increasing energy demands are also leading to a need for improved fire protection systems at the site. The challenging working conditions and the high risk of fires at oil and gas exploration sites and within the overall industry have laid down a good ground for growth the global fire protection systems market. According to the Transparency Market Research report, the opportunity in the global fire protection market was worth US$5.08 bn in 2014 and is anticipated to reach US$8.93 bn by 2023, as the market paces ahead at a 6.48% CAGR between 2015 and 2023.
Comprised of fire detection equipment and fire suppression systems, this market includes solutions for operational sectors of the oil and gas industry such as upstream, midstream, and downstream. These systems are often installed at onshore drilling rigs, offshore platforms, drill ships, and offshore oil rigs. The majority of oil and gas companies have been showing significant interest in installing the various fire protection systems due to the high costs of operations and the equally high risk of fatalities.
4.Downstream Activities in Asia Pacific to Lead Market
As per the report, the fire protection systems market includes products such as gas detectors, smoke detectors, flame detectors, heat detectors, alarms, fire suppressing agents, and fire suppressing equipment. The rising number of safety standards are anticipated have made it obligatory for oil and gas companies to use fire protection equipment, thereby increasing their application in all operational sectors of the industry. The increasing downstream activities in Asia Pacific such as construction and expansion of existing and new plants will also boost the demand for fire detection and suppression systems. Furthermore, the emergence of midstream activities in Europe to meet the rising energy demands will also propel this market in the coming years.
Post time: Jun-12-2018