Saudi Arabia has remained some of the promising fire security markets in entire GCC area. In previous few years, the market has loved sturdy progress owing to growing construction market within the areas corresponding to residential, retail, hospitality, public infrastructure, healthcare, and schooling. Also, with recent hearth incidences and emergence of high rise buildings the need for advanced fire security systems have surged within the nation.
ราคาเกจวัดแรงดันลม constructed buildings or ongoing building could be equipped with superior fireplace security systems, nonetheless, immense opportunities exist for the players in retrofit buildings segment which have conventional fireplace security techniques.
In the year 2015, the market for hearth security systems in Saudi Arabia declined because of slumping oil prices, which affected infrastructure/real property spending and building actions. Moreover, many of the upcoming tasks have been put on maintain by the federal government to minimize back the burden on the Saudi Arabia’s financial system.
According to 6Wresearch, Saudi Arabia’s fireplace safety market touched $577 million in 2015. The fire safety market in Saudi Arabia is predicted to remain risky till 2017, where progress can be recorded publish 2017 with the recovery of the oil costs coupled with government spending.
Unlike Saudi Arabia, UAE, the second largest hearth security market in GCC area registered constructive progress as a outcome of growing building activities for the upcoming Dubai World Expo 2020. The event is likely to attract 25 million vacationers, which is spurring the development in the areas of hospitality, public infrastructure, retail, leisure, and so on. Also, authorities mandates are further fueling the growth of the market in UAE.
In general Saudi Arabia’s fireplace safety market, fireplace protection techniques have generated majority of the market revenues, wherein fire extinguishers, fireplace suppression techniques and hearth pumps & controllers have led the market growth.
Over the subsequent six years, Saudi Arabia’s fire security market could be pushed by the federal government mandatory regulations and substitute of current fireplace safety techniques. Residential and industrial verticals would be the key verticals the place main replacement markets exists.
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