Fire Protection Systems Market is anticipated to reach US$ 83,507.3 Mn by the end of 2026
Verfasser: yogesh on Monday, 4 February 2019Global Automotive Parts Remanufacturing Market: Key Players
Logistics and warehousing solutions witnessing substantial demand from the E-commerce industry that involves the integration of material handling, stocking, packaging, transportation, inventory management, supply chain management, procurement and shipping security aspects, is triggering the sales of fire protection systems, at a global level.
“The E-commerce is far from saturation, considering that even mature markets like Japan are making efforts to create a sizeable share among total retail sales in 2019, creating significant demand for large-scale warehouse spaces. Moreover, as prominent players compete to solidify their market standing in the E-commerce landscape, regional mergers and acquisition activities will continue. In addition, encouraging demand growth from warehouse constructions ahead of World Expo- 2020, is anticipated”, explained a senior research analyst of the company.
Stellar Growth Anticipated for Fire Protection Systems
As per a recently released intelligence study by Persistence Market Research (PMR), the global revenue generated through the sales of fire protection systems, will exceed the valuation of US$ 45.2 Bn in 2019. With the increasing demand for modern warehouses, global players in the fire protection systems market have started foraying into the nascent markets, says the report.