Fire protection system refers to the system used to prevent or extinguish fire the spread of fire. Oil & gas operations in highly hazardous in nature and hence need additional level of prevention in order to avoid any uncontrolled fire or spillage. Fire protection systems are widely used in oil & gas installations and is one of the mandatory requirements.
Fire protection system market for oil & gas industry to gain momentum with increasing operational activities in oil & gas installation coupled with the growing exploration and production activities is anticipated to drive the demand for fire protection systems in oil & gas industry. Further, growing concerns to prevent accidents influencing regulatory bodies to enforce regulatory policies to mandatorily use of fire protection system to restrict any fire or oil spill during oil & gas operations. Moreover, increasing demand for fossil fuels along with development of automated fire protection system is expected to augment the growth of global fire protection system over the forecast period. However, high installation cost along with volatile oil prices restraining further investment in new projects is expected to hamper the growth of fire protection system market during the forecast period (2016-2023).
North America is expected to largest region in global fire protection systems market for oil & gas industry. Increasing oil & operations due large number of oil & gas installations coupled with upcoming oil & gas infrastructure projects such as Nueva Era Pipeline Project, United States,3,000-bpd Saleski Oilsands Pilot Project in Canada and othersare anticipated to drive the demand for fire protection systems in the region. Followed by it, Europe is anticipated to be the fastest growing region owing to improving safety standards coupled with various upcoming such as Bezzecca Gas Field, Onshore Italy, Port Meridian Deepwater Port project, U.K, and other are projected to fuel the demand for fire protection system in oil & gas industry during the forecast period (2016-2023).
Global fire protection system market for oil & gas industry is expected to be valued at US$ 5.5 Bn by the end of 2016 and is projected to expand at a CAGR 6.8% during the forecast period 2016-2023.
Purpose of the Report
The purpose of this strategic research study titled “Global fire protection system market for oil & gas industry- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global fire protection system market for oil & gas industry.
Target Audience
USP and Key Offerings
The report titled “Global Fire Protection System Market for Oil & Gas Industry- Growth, Future Prospects, Competitive Analysis and Forecast, 2016 – 2023” offers strategic insights into the Fire Protection System market along with the market size and estimates for the duration 2013 to 2023. The said research study covers in-depth analysis of multiple market segments based on product type, application, technology and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading fire protection system manufacturers, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:
Overall, the research study provides a holistic view of the global fire protection system market for oil & gas industry growth, offering market size and estimates for the period from 2013 to 2023, keeping in mind the above mentioned factors.
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Fire Protection System Market for Oil & Gas Industry Snapshot
2.1.1. Global Fire Protection System Market for Oil & Gas Industry by Product Type, 2015
2.1.2. Global Fire Protection System Market for Oil & Gas Industry by Application, 2015
2.1.3. Global Fire Protection System Market for Oil & Gas Industry by Technology, 2015
2.1.4. Global Fire Protection System Market for Oil & Gas Industry by Geography, 2015
2.1.5. Market Drivers, Challenges and Trends
2.1.6. Key Players
3. Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power Of Suppliers
3.6.2. Bargaining Power Of Buyers
3.6.3. Threat Of Substitutes
3.6.4. Threat Of New Entrants
3.6.5. Industry Rivalry
4. Global Fire Protection System Market for Oil & Gas Industry Size , By Product Type, 2013 – 2023
4.1. Overview
4.1.1. Market Share Analysis by Product Type, 2015 vs 2023
4.1.2. Attractive Investment Proposition by Product Type
4.2. Fire Detectors
4.3. Fire Analysis
4.4. Fire Management
4.5. Fire Response
5. Global Fire Protection System Market for Oil & Gas Industry Size , By Application, 2013 – 2023
5.1. Overview
5.1.1. Market Share Analysis by Application, 2015 vs 2023
5.1.2. Attractive Investment Proposition by Application
5.2. Upstream
5.3. Midstream
5.4. Downstream
6. Global Fire Protection System Market for Oil & Gas Industry Size , By Technology, 2013 – 2023
6.1. Overview
6.1.1. Market Share Analysis by Technology, 2015 vs. 2023
6.1.2. Attractive Investment Proposition by Technology
6.2. Active
6.3. Passive
7. Global Fire Protection System Size Market for Oil & Gas Industry, By Geography, 2013 – 2023
7.1. Overview
7.1.1. Market Share Analysis by Geography, 2015 vs. 2023
7.1.2. Attractive Investment Proposition by Geography
7.2. North America Fire Protection System for Oil & Gas Industry Market Analysis, 2013 – 2023
7.2.1. North America Fire Protection System for Oil & Gas Industry Market Size , By Country, 2013 – 2023
7.2.1.1. U.S.
7.2.1.2. Canada
7.2.2. North America Fire Protection System for Oil & Gas Industry Market Size, By Product Type, 2013 – 2023
7.2.2.1. Fire Detectors
7.2.2.2. Fire Analysis
7.2.2.3. Fire Management
7.2.2.4. Fire Response
7.2.3. North America Fire Protection System for Oil & Gas Industry Market Size, By Application, 2013 – 2023
7.2.3.1. Upstream
7.2.3.2. Midstream
7.2.3.3. Downstream
7.2.4. North America Fire Protection System for Oil & Gas Industry Market Size, By Technology, 2013 – 2023
7.2.4.1. Active
7.2.4.2. Passive
7.3. Europe Fire Protection System for Oil & Gas Industry Market Analysis, 2013 – 2023
7.3.1. Europe Fire Protection System for Oil & Gas Industry Market Size, By Country, 2013 – 2023
7.3.1.1. Russia
7.3.1.2. U.K
7.3.1.3. Rest of Europe
7.3.2. Europe Fire Protection System for Oil & Gas Industry Market Size, By Product Type, 2013 – 2023
7.3.2.1. Fire Detectors
7.3.2.2. Fire Analysis
7.3.2.3. Fire Management
7.3.2.4. Fire Response
7.3.3. Europe Fire Protection System for Oil & Gas Industry Market Size, By Application, 2013 – 2023
7.3.3.1. Upstream
7.3.3.2. Midstream
7.3.3.3. Downstream
7.3.4. Europe Fire Protection System for Oil & Gas Industry Market Size, By Technology, 2013 – 2023
7.3.4.1. Active
7.3.4.2. Passive
7.4. Asia Pacific Fire Protection System for Oil & Gas Industry Market Analysis, 2013 – 2023
7.4.1. Asia Pacific Fire Protection System for Oil & Gas Industry Market Size, By Country, 2013 – 2023
7.4.1.1. China
7.4.1.2. India
7.4.1.3. Rest of Asia Pacific
7.4.2. Asia Pacific Fire Protection System for Oil & Gas Industry Market Size, By Product Type, 2013 – 2023
7.4.2.1. Fire Detectors
7.4.2.2. Fire Analysis
7.4.2.3. Fire Management
7.4.2.4. Fire Response
7.4.3. Asia Pacific Fire Protection System for Oil & Gas Industry Market Size, By Application, 2013 – 2023
7.4.3.1. Upstream
7.4.3.2. Midstream
7.4.3.3. Downstream
7.4.4. Asia Pacific Fire Protection System for Oil & Gas Industry Market Size, By Technology, 2013 – 2023
7.4.4.1. Active
7.4.4.2. Passive
7.5. Latin America Fire Protection System for Oil & Gas Industry Market Analysis, 2013 – 2023
7.5.1. Latin America Fire Protection System for Oil & Gas Industry Market Size, By Country, 2013 – 2023
7.5.1.1. Brazil
7.5.1.2. Mexico
7.5.1.3. Rest of Latin America
7.5.2. Latin America Fire Protection System for Oil & Gas Industry Market Size, By Product Type, 2013 – 2023
7.5.2.1. Fire Detectors
7.5.2.2. Fire Analysis
7.5.2.3. Fire Management
7.5.2.4. Fire Response
7.5.3. Latin America Fire Protection System for Oil & Gas Industry Market Size, By Application, 2013 – 2023
7.5.3.1. Upstream
7.5.3.2. Midstream
7.5.3.3. Downstream
7.5.4. Latin America Fire Protection System for Oil & Gas Industry Market Size, By Technology, 2013 – 2023
7.5.4.1. Active
7.5.4.2. Passive
7.6. Middle East & Africa (MEA) Fire Protection System for Oil & Gas Industry Market Analysis, 2013 – 2023
7.6.1. MEA Fire Protection System for Oil & Gas Industry Market Size, By Country, 2013 – 2023
7.6.1.1. GCC
7.6.1.2. Rest of MEA
7.6.2. MEA Fire Protection System for Oil & Gas Industry Market Size, By Product Type, 2013 – 2023
7.6.2.1. Fire Detectors
7.6.2.2. Fire Analysis
7.6.2.3. Fire Management
7.6.2.4. Fire Response
7.6.3. MEA Fire Protection System for Oil & Gas Industry Market Size, By Application, 2013 – 2023
7.6.3.1. Upstream
7.6.3.2. Midstream
7.6.3.3. Downstream
7.6.4. MEA Fire Protection System for Oil & Gas Industry Market Size, By Technology, 2013 – 2023
7.6.4.1. Active
7.6.4.2. Passive
8. Company Profiles
8.1. Competitive Dashboard
8.2. Key Players
8.2.1. Honeywell International Inc.
8.2.1.1. Business Description
8.2.1.2. Financial Information
8.2.1.3. Product Portfolio
8.2.1.4. Key Developments/ Business Strategies
8.2.1.5. SWOT Analysis
8.2.2. Siemens AG
8.2.3. Johnson Controls, Inc.
8.2.4. Gentex Corporation
8.2.5. Hochiki Corporation
8.2.6. Tyco International PLC
8.2.7. United Technologies Corporation
8.2.8. Halma PLC
8.2.9. Robert Bosch GmbH
8.2.10. VT MAK
List Of Table :
Table 1: Global Fire Protection System Market for Oil & Gas Industry Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 2: Global Fire Protection System Market for Oil & Gas Industry Revenue (US$ Bn) Forecast, by Geography, 2016-2023
Table 3: North America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Country, 2016-2023
Table 4: North America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 5: North America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Application, 2016-2023
Table 6: North America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Technology, 2016-2023
Table 7: Europe Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Country, 2016-2023
Table 8: Europe Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 9: Europe Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Application, 2016-2023
Table 10: Europe Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Technology, 2016-2023
Table 11: Asia Pacific Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Country, 2016-2023
Table 12: Asia Pacific Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 13: Asia Pacific Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Application, 2016-2023
Table 14: Asia Pacific Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Technology, 2016-2023
Table 15: Latin America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Country, 2016-2023
Table 16: Latin America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 17: Latin America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Application, 2016-2023
Table 18: Latin America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Technology, 2016-2023
Table 19: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Country, 2016-2023
Table 20: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Product Type, 2016-2023
Table 21: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Application, 2016-2023
Table 22: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast, by Technology, 2016-2023
List OF Figure :
Figure 1: Global Fire Protection System Market for Oil & Gas Industry Revenue (US$ Bn) Forecast, 2016-2023
Figure 2: Global Fire Protection System Market for Oil & Gas Industry YOY Growth Comparison, 2016-2023
Figure 3: Global Fire Protection System Market for Oil & Gas Industry Share (%) Analysis Forecast, by Product Type, 2016-2023
Figure 4 : Global Fire Protection System Market for Oil & Gas Industry Investment Proposition by Product Type, 2016-2023
Figure 5: Global Fire Protection System Market for Oil & Gas Industry Share (%) Analysis Forecast, by Application, 2016-2023
Figure 6 : Global Fire Protection System Market for Oil & Gas Industry Investment Proposition by Application, 2016-2023
Figure 7: Global Fire Protection System Market for Oil & Gas Industry Share (%) Analysis Forecast, by Technology, 2016-2023
Figure 8 : Global Fire Protection System Market for Oil & Gas Industry Investment Proposition by Technology, 2016-2023
Figure 9: Global Fire Protection System Market for Oil & Gas Industry YOY(%) Comparison by Geography, 2016-2023
Figure 10: Global Fire Protection System Market for Oil & Gas Industry Share (Revenue%) Analysis, by Geography, 2016-2023
Figure 11: Global Fire Protection System Market for Oil & Gas Industry Investment Proposition by Geography, 2016-2023
Figure 12: North America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast by Country, 2016-2023
Figure 13: North America Fire Protection System for Oil & Gas Industry Market Share Analysis by Country, 2016-2023
Figure 10: North America Fire Protection System for Oil & Gas Industry Market Investment Proposition by Country
Figure 11: Europe Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast by Country, 2016-2023
Figure 12: Europe Fire Protection System for Oil & Gas Industry Market Share Analysis by Country, 2016-2023
Figure 13: Europe Fire Protection System for Oil & Gas Industry Market Investment Proposition by Country, 2016-2023
Figure 14: Asia Pacific Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast by Country, 2016-2023
Figure 15: Asia Pacific Fire Protection System for Oil & Gas Industry Market Share Analysis by Country, 2016-2023
Figure 16: Asia Pacific Fire Protection System for Oil & Gas Industry Market Investment Proposition by Country, 2016-2023
Figure 17: Latin America Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast by Country, 2016-2023
Figure 18: Latin America Fire Protection System for Oil & Gas Industry Market Share Analysis by Country, 2016-2023
Figure 19: Latin America Fire Protection System for Oil & Gas Industry Market Investment Proposition by Country, 2016-2023
Figure 20: Middle East & Africa (MEA) Fire Protection System for Oil & Gas Industry Market Revenue (US$ Bn) Forecast by Country, 2016-2023
Figure 21: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Share Analysis by Country, 2016-2023
Figure 22: Middle East & Africa Fire Protection System for Oil & Gas Industry Market Investment Proposition by Country, 2016-2023
On the basis of product type, global fire protection system market is categorized into following types:
On the basis of product type, the global fire protection system market can be segmented into fire detectors, fire analysis, fire management, and fire response.
Among all Product type, fire management segments was anticipated to be the largest segment in 2016 accounting for significant revenue share in global fire protection system market. The growth of the segment is augmented by increasing use of fire management equipment’s such as sprinklers, extinguishers and other fire management systems in oil & gas installation coupled with upcoming projects related to construction of oil & gas new facilities such as Sinopecs Shale Gas Project in Jiaoshiba Block - Phase I in China, Napa Napa Refinery upgrade inPapua New Guinea, etc.
Fire Analysis segment is anticipated to be the fastest growing segment. Accidents happened in the recent past influenced oil companies to analyze the root cause of the accidents and to take preventive measures to avoid their reoccurrence. The segment is projected to register significant growth over the forecast period (2016-2023).
On the basis of application, global fire protection system market is categorized into following types:
On the basis of application, the global fire protection system market can be segmented into upstream, midstream & downstream.
Among all applications, downstream segments was the most dominant segment in 2013 owing to growing safety standards towards mandatory installation of fire protection system at all operational plants and pipeline network. Upcoming oil & gas construction projects such as Liquefied Natural Gas (LNG) Regasification Facilities in Johor, construction of natural gas liquefaction and fueling facility in Louisianas, U.S. and construction of floating liquefied natural gas (LNG) terminal in India are among few projects expected to drive the growth of the segment between 2016-2023. Followed by it, upstream is projected to be the second largest segment owing to increasing rig count of onshore and offshore rigs coupled with growing sites of non-conventional shale gas production sites are anticipated to pump the grow of the segment over the forecast period (2016-2023).
Overall, the global fire protection system market is expected to grow at significant rate over the forecast period (2016-2023).
On the basis of technology, global fire protection system market for oil & gas industry is categorized into following types:
On the basis of technology, the global fire protection system market can be segmented into active technology and passive technology.
Among technology, active technology segments was the largest segment in 2013 due to wide adoption of manual and automatic fire detection systems such as fire alarm and fire sprinkler system. However, passive technology segment is gaining impulse with increasing need for fireproofing, firestop pillow, endothermic and fire door for the protection of costly equipment. The segment is anticipated register high growth over the forecast period (2016-2023).
Overall, the global fire protection system market for oil & gas industry is expected to grow at significant rate over the forecast period (2016-2023)
On the basis of geography, the global fire protection system market is segmented into following categories,
Global fire protection system market for oil & gas industry is segmented on the basis of geography. North America is expected to largest region in global fire protection system market. Growing oil industry in Canada, increasing shale gas exploration in U.S. and Canada and increasing deep water drilling projects are factors projected to fuel the demand for fire protection systems in the region. Followed by it, Europe is anticipated to be the fastest growing region in global fire protection system market for oil & gas Industry due to increasing demand for fire protection systems coupled with favorable regulatory policies. The region is anticipated to gain significant revenue share by 2023.
Asia pacific and Middle East & Africa (MEA) to contribute significant revenue shares in global fire protection system market for oil & gas industry and are anticipated to grow at moderate rate over the forecast period (2016-2023).
Overall, demand for fire protection system for oil & gas industry is expected to register high growth during the forecast period (2016-2023).
