Key Manufacturers Operating in GCC Fire Safety Equipment Market to Hit Lucrative Growth Objectives

According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on GCC Fire Safety Equipment Market - Industry Trends and Forecast to 2028 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.

GCC Fire Safety Equipment Market Analysis and Size

The GCC Fire Safety Equipment Market is projected to grow at a CAGR of around 3.26% during the forecast period, i.e., 2023-28.

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Some of the major players operating in the GCC Fire Safety Equipment Market are Amerex Corporation, Emirates Fire Fighting Equipment Factory LLC (FireX), Fike Corporation, Honeywell International Inc., Minimax-Viking Gmbh, NAFFCO FZCO, Saudi Factory for Fire Equipment Co., Bristol Fire Engineering, Johnson Controls (Tyco), Al Aman Fire, Others.

GCC Fire Safety Equipment Market Growth Driver:

The massive industrialization and urbanization in the Gulf region countries such as the UAE, Saudi Arabia and Kuwait, etc., is fueling the need for sophisticated system to detect and prevent fires. In the UAE, the growth of retail sectors & commercial spaces has been contributing to the demand for fire safety equipment. The construction of retail stores is rising significantly. According to the Majid Al Futtaim Group, a real estate and retail conglomerate, retail consumer spending in the United Arab Emirates increased by about 14% in 2022 compared to the same period in 2019.

In addition, favorable government policies such as the UAE Fire and Safety Code of Conduct and Saudi Arabia's SBC 801 Building Code Fire Protection Requirements mandate the implementation of firefighting equipment in new construction and renovation projects. reconstruction and renovation, promoting the growth of the sector in the coming years.

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Market Segment and Geographical Analysis

By Equipment Type

• Fire Extinguishers
• Fire Suppression Systems
• Fire Sprinkler Systems
• Fire Detection and Alarm Systems

By End User

• Residential
• Commercial
• Industrial
• Hospitality
• Retail
• Oil and Gas

By Countries

• The UAE
• Saudi Arabia
• Qatar
• Kuwait
• Oman
• Bahrain

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