Europe Industrial Cooking Fire Protection System Market Size, Share & Industry Trends Analysis Report By Product Type (Fire Alarm Type and Detector Type), By Connectivity, By End Use (Restaurants & Hotels, Food & Beverages), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Industrial Cooking Fire Protection System Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
Industrial cooking fire prevention systems are essential safety equipment, given the frequency of kitchen fires. To make sure your restaurant, catering business, or hotel is secure and protected in the case of a fire, you may implement this system. In addition, you may feel safe knowing that, in the event of a fire, your kitchen's fire suppression system will aid in containing any breakouts.
When a fire is discovered, moist chemicals are released from nozzles above the flames. The substances are intended to stop the fire's oxygen supply. The gas supply to the appliance is cut off at that exact moment, leaving the fire without fuel to burn. This implies a fire may be put out on one range before spreading to another. Both the food being cooked on them and the equipment around them are not harmed. The system's swift reaction minimizes damage to the kitchen.
One of the top revenue-producing sectors in the area, the hotel and tourist sector generates £66 billion in GVA and employs around 3 million people. This sector is an essential foundational element of the UK's overall social and economic success. Although the sector is a significant employment and contributor to the UK economy, there are some grounds to believe that productivity performance has space to improve. The hospitality and tourism sector employs around 8% of UK employees, per the country's government. In the hospitality and tourism sector, 86% of the workforce is employed in a restaurant, bar, or hotel. In addition, Germany has a thriving restaurant sector with several well-known franchise unit setups. The region's thriving hospitality industry is anticipated to lead to a rise in the number of commercial cooking spaces in the area, providing chances for the regional industrial cooking fire protection system market to develop.
The Germany market dominated the Europe Industrial Cooking Fire Protection System Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,529.8 Million by 2028. The UK market is anticipated to grow at a CAGR of 7% during (2022 - 2028). Additionally, The France market would exhibit witness a CAGR of 8.9% during (2022 - 2028).
Based on Product Type, the market is segmented into Fire Alarm Type and Detector Type. Based on Connectivity, the market is segmented into Wired and Wireless. Based on End Use, the market is segmented into Restaurants & Hotels, Food & Beverages, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Industrial Cooking Fire Protection System Market will Hit $57.5 Billion by 2028, at a CAGR of 8.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Siemens AG, Robert Bosch GmbH, Johnson Controls International PLC, Carrier Global Corporation, Eaton Corporation PLC, Halma PLC, Napco Security Technologies, Inc., Hochiki Corporation, and NITTAN Company, Limited.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
- Fire Alarm Type
- Detector Type
By End Use
- Restaurants & Hotels
- Food & Beverages
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Honeywell International, Inc.
- Siemens AG
- Robert Bosch GmbH
- Johnson Controls International PLC
- Carrier Global Corporation
- Eaton Corporation PLC
- Halma PLC
- Napco Security Technologies, Inc.
- Hochiki Corporation
- NITTAN Company, Limited
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