Saudi Arabia Fire Safety Market Reached $577 million in 2015

Saudi Arabia has remained some of the promising fireplace security markets in complete GCC area. In previous few years, the market has loved robust development owing to growing construction market within the areas corresponding to residential, retail, hospitality, public infrastructure, healthcare, and schooling. Also, with latest fire incidences and emergence of excessive rise buildings the need for advanced hearth safety methods have surged in the country.
The newly constructed buildings or ongoing development can be geared up with advanced fire security methods, however, immense opportunities exist for the gamers in retrofit buildings segment which have traditional fireplace safety methods.
In the 12 months 2015, the market for fire security systems in Saudi Arabia declined because of slumping oil prices, which affected infrastructure/real estate spending and building actions. Moreover, many of the upcoming initiatives had been put on maintain by the government to reduce back the burden on the Saudi Arabia’s economy.
According to 6Wresearch, Saudi Arabia’s fireplace security market touched $577 million in 2015. The fireplace security market in Saudi Arabia is anticipated to stay risky till 2017, where development would be recorded publish 2017 with the restoration of the oil prices coupled with government spending.
Unlike Saudi Arabia, UAE, the second largest fire security market in GCC area registered positive growth due to growing construction activities for the upcoming Dubai World Expo 2020. The occasion is prone to appeal to 25 million vacationers, which is spurring the construction within the areas of hospitality, public infrastructure, retail, leisure, and so forth. Also, government mandates are further fueling the expansion of the market in UAE.
In total Saudi Arabia’s fireplace safety market, hearth protection methods have generated majority of the market revenues, wherein fireplace extinguishers, fire suppression methods and fire pumps & controllers have led the market development.
Over the subsequent six years, Saudi Arabia’s fire safety market could be driven by the federal government necessary regulations and alternative of present fireplace security methods. เกจวัดแรงดันออกซิเจนราคา and industrial verticals would be the important thing verticals where main replacement markets exists.
For extra data, go to

Leave a Comment