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The Europe Fire Safety Equipment Market to cross the market size of USD 16600 Million by 2026: Actual Market Research
Oct, 23
2021

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The Europe Fire Safety Equipment Market to cross the market size of USD 16600 Million by 2026: Actual Market Research

 

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Over the past three decades, the European region witnessed a decline in the fire fatality rate by 65%, which can be attributed to the continuous improvement in fire safety regulation. Still, there is a long way for the region to climb, as fire safety remains a social issue in many countries, with nearly 5000 lives lost in building fires every year. According to the latest publication of Actual Market Research, titled Europe Fire Safety Equipment Market Outlook, 2026, the market is expected to be growing over a market value of USD 16600 Million by the end of the forecasted period. For a better understanding, the market is classified into six major countries, along with the sub-divisions based on application & the product type. The report covers the major top companies like Gentex Corporation, HOCHIKI Corporation, Napco Security Technologies, Inc., Nittan Company, Ltd., Halma PLC, Robert Bosch GmbH, Honeywell International, Inc., and Siemens Building Technologies.

For a long past, the manufacturers of fire safety equipment have been hurdled due to the lack of a standardized assessment system across the European region. The countries had their national standards, which created complications every time a new product was launched in the market. In Germany, the recent fire cases have been caused by the burning of waste containers or discarded vehicles in front of the buildings. This has given some considerations of the additional tests and regulations regarding the performance of the fa?ade system when exposed to severe fire sources.

Among all the fire accidents, the majority of them are residential fires, which could have been prevented if proper precautions were taken. This has given a push to the residential application of fire safety equipment, which in the coming period is to be growing at 5.15% and yet contributes the lowest in the region. It is important to detect fire and thus gain sufficient time for the occupants to react. In the region, countries like Norway, Denmark, Sweden, Finland, Estonia, the United Kingdom, the Netherlands, France, Ireland, Austria, Belgium, and Germany have mandatory smoke alarms in residential setup. However, the type and requirement criteria do vary among the countries. The change in the region is brought with the increasing requirement for safety concerns in the residential segment; more homes are now insulated with thermal insulation. This has gained considerable momentum in recent times post the introduction of the regulations regarding fire safety.

Most of the European countries now have a national set of fire regulations. However, in Germany, the federal states hold the responsibility. Scotland has developed the building regulations and enforcement which are carried out by 32 local authorized verifiers. The UK doesn’t allow private companies to certify the fire safety norms, while in Spain a building can be approved by the local authority or a private certifier. However, the systems are a bit different in France, where the building’s fire installation is signed off by the safety commission. With the holistic approach towards ensuring the highest standard of fire safety, various stakeholders do take part in the planning and construction of measures to be undertaken. The contributions of architects and fire safety engineers are needed to develop holistic fire safety plans.

Even though the overall market is doing exceptionally well than expected, and the countries contributing their bits and parts to the market growth, the region lacks in its fundamentals. One of the majorly missing characteristics is a common approach to assess the fire performance of fa?ade based on one harmonized large-scale test. In 2017, the safety against fire was put forward as a political debate when many countries did take ambitious steps to provide a guard against fire in every building. The toxicity of smoke from burning construction products is not measured, whereas smoke is the biggest killer in fires. This has made it possible for the fire detection segment to lead the market with more than half of the share.