The UAE fire protection system market size is expected to reach USD 3.17 billion by 2030 and is expected to expand at a CAGR of 8.5% from 2023 to 2030. This is according to Grand Review Research, whose analysts say that in recent years, the residential sector has witnessed a significant surge in the UAE’s demand for fire alarms and detectors, in addition the area has experienced rapid urbanisation and population growth, leading to a rise in the number of residential buildings and complexes.
As cities expand, there is a growing need for reliable fire safety measures to protect the increasing number of inhabitants. Additionally, the increasing awareness among homeowners and tenants about the importance of fire safety and the potential consequences of fire incidents has driven the demand for such systems.
High risk industries
The adoption of fire suppression equipment such as fire sprinklers across several industries, such as energy & power, manufacturing, and oil & gas, is expected to increase in the coming days as these industries involve a high risk of fire. This is because combustible and flammable materials such as crude oil, coal, petroleum, and flammable gases are extensively used across these industries. As these materials are susceptible to fire, high-grade fire detection and suppression equipment are deployed across these industries to prevent and control fire. Moreover, the demand for fire safety equipment in commercial applications across facilities such as hospitals, educational institutions, and government offices is rising owing to the UAE government’s formulation of stringent fire prevention and control norms. Rising investment of companies for safeguarding the infrastructure and reducing the loss of property and life across various applications is also estimated to further propel the demand for fire safety equipment in the commercial sector.
Enhanced safety measures
Government agencies and industry regulatory bodies are focusing on enhancing safety measures and improving emergency response protocols. As a result, strict guidelines and standards have been implemented for fire protection and detection systems, highlighting the significance of reliable and advanced technology. As F500 capsule technology gains prominence, regulatory bodies focus on ensuring its safe and effective use. Suppliers proactively comply with industry standards and regulations related to fire protection systems. Regulatory advancements in fire protection systems in the UAE have been instrumental in improving safety standards and ensuring the effective implementation of fire prevention and response measures.
Some of the key findings highlighted in this new report on the UAE fire protection system market from Grand View Research are as follows:
- Products – the fire response segment is expected to grow considerably over the forecast period. The segment driven is due to modern infrastructure, well-equipped fire departments, and advanced technology adoption
- Applications – the industrial sector is expected to register the highest CAGR over the forecast period. The growth of the industrial sector in the UAE is attributed to government initiatives promoting economic diversification and access to strategic geographic locations for global trade
- Companies are engaging in several growth strategies, including partnerships, mergers & acquisitions, and geographical expansion, to stay afloat in the competitive market scenario. For instance, in June 2023, Honeywell International, Inc. partnered with a group of industry partners to provide first responders with more precise contextual information regarding commercial fire emergencies. The open and secure fire service platform from Honeywell enables every authorised partner to provide emergency information, such as the type and location of the incident, as well as building information, such as hazards or on-site contact personnel, and share that information with the first responders sent to the incident via mobile applications
