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Global fire protection systems market predicted to reach $66.56 billion in 2018

November 5, 2013Tess Nacelewicz

DALLAS—The global fire protection systems market—products and services—will climb from $34.7 billion currently to $66.56 billion by 2018, according to a new report from MarketsandMarkets.That's an increase of more than 90 percent and represents a compound annual growth rate of 13.9 percent during that five-year period, says the research and consulting company, based here.The North America market is expected to have the largest share of the total market—between 40-50 percent—by...

fire systems, markets and markets, Physical Security, Rahul Pandey, RFID, security integrator