Saudi Arabia Fire Safety Market Reached $577 million in 2015

Saudi Arabia has remained one of the promising fireplace safety markets in whole GCC area. In last few years, the market has loved sturdy growth owing to rising building market within the areas similar to residential, retail, hospitality, public infrastructure, healthcare, and education. Also, with latest fire incidences and emergence of high rise buildings the need for superior fireplace security techniques have surged in the country.
The newly constructed buildings or ongoing building can be outfitted with superior fire safety systems, nevertheless, immense opportunities exist for the players in retrofit buildings segment which have traditional fireplace security systems.
In the yr 2015, the marketplace for fireplace safety systems in Saudi Arabia declined because of slumping oil costs, which affected infrastructure/real estate spending and development activities. Moreover, lots of the upcoming initiatives were put on maintain by the federal government to reduce the burden on the Saudi Arabia’s economic system.
According to 6Wresearch, Saudi Arabia’s fire safety market touched $577 million in 2015. The hearth security market in Saudi Arabia is expected to remain unstable until 2017, the place progress could be recorded post 2017 with the restoration of the oil costs coupled with government spending.
Unlike Saudi Arabia, UAE, the second largest fire security market in GCC region registered positive growth due to growing development activities for the upcoming Dubai World Expo 2020. ขนาดpressuregauge is more likely to entice 25 million tourists, which is spurring the development in the areas of hospitality, public infrastructure, retail, leisure, and so forth. Also, authorities mandates are additional fueling the expansion of the market in UAE.
In total Saudi Arabia’s fire security market, fire protection systems have generated majority of the market revenues, wherein hearth extinguishers, fireplace suppression methods and fireplace pumps & controllers have led the market development.
Over the following six years, Saudi Arabia’s hearth security market can be driven by the government mandatory regulations and substitute of present fire safety techniques. Residential and industrial verticals could be the necessary thing verticals the place main replacement markets exists.
For extra information, go to

Scroll to Top