Global 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 Regional Outlook and Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Industrial Cooking Fire Protection System Market
Market Report Description
The Global Industrial Cooking Fire Protection System Market size is expected to reach $57.5 billion by 2028, rising at a market growth of 8.4% CAGR during the forecast period.
In order to help battle fires before they start and limit their damage to lives and property, commercial and industrial kitchens and food production plants have fire prevention equipment and fire detection management systems installed. However, industrial food processing plants are subject to fire disasters that might lead to irreparable loss of life or property because they employ high-energy cooking equipment.
Commercial kitchens and food processing facilities that carry out cooking operations in the Industrial cooking fire protection system industry employ equipment designed for commercial usage that burns hydrocarbons and generates a significant quantity of heat or energy. Commercial cooking supplies in the industrial cooking fire protection system include deep-fat fryers, industrial oil cookers, and other machinery.
Commercial kitchens and food processing facilities have fire prevention and detection management systems built to support fighting fires before they start and lessen their effect on lives and property. However, high-energy cooking equipment used in industrial food processing facilities makes them vulnerable to fire mishaps that might result in irreparable loss of life or property.
Commercial-sized cooking equipment that burns hydrocarbons and produces a considerable quantity of heat or energy is used in commercial kitchens and food processing facilities that conduct cooking activities. Deep fat fryers, industrial oil cookers, ovens, and other equipment are a few commercial cooking tools utilized in food processing facilities.
COVID-19 Impact Analysis
The COVID-19 outbreak has considerably influenced the market growth for industrial cooking fire prevention systems. This was the outcome of a significant effect on key supply chain actors. However, over the projected period and during the COVID-19 pandemic, it is anticipated that rising public awareness of the dangers of cooking fires and substantial government restrictions will positively affect market development. Most restaurants and hotels had to shut down permanently or temporarily due to the limitations imposed by afflicted countries. The COVID-19 pandemic also caused several challenges for the market, including a shortage of qualified workers and project delays or cancellations due to partial or total lockdowns worldwide. All of these elements had a detrimental impact on the market expansion.
Market Growth Factors
Increasing use of water MIST systems
The foam-based fire prevention system is a collection of aqueous solution-derived air-filled bubbles. Compared to other flammable liquids, it is less dense. In order to avoid fires while excluding air and cooling the fuel, this foam-based technology is primarily utilized to create a cohesive floating blanket atop flammable and combustible liquids. Through the suppression of the creation of flammable gases, this technology also aids in the prevention of re-ignition. Additionally, it adheres to the surfaces by offering defense against nearby flames. Because of this, their demand is expanding so quickly on the market.
Expansion of the hotel sector
The constantly expanding hospitality sector globally is one of the key reasons for propelling the industrial kitchen fire prevention systems market. Businesses (groups, individuals, or partnerships) in the hospitality industry provide lodging and cooked meals, snacks, or drinks for customers to eat directly. It also covers companies that market related goods. The hotel and eating market comprise both services since the same company typically offers them. Because of this, their demand is expanding so quickly on the market.
Market Restraining Factors
Heavy investments in implementation and maintenance
The companies must invest a significant amount in installing fire protection systems. Due to the increasing number of fire accidents, fire safety providers are making continuous advancements in the existing solution & and are also introducing the latest technologies and products. The investment of large amounts by the manufacturing companies is raising the purchasing costs of these solutions for private & government agencies. This would restrict such enterprises to adopt fire hydrants which may hamper the growth of the fire hydrant market over the forecast period.
Product Type Outlook
Based on product type, the industrial cooking fire protection system market is divided into fire alarm type and detector type. Fire alarm-type segment generated the highest revenue share in the market in 2021. A fire alarm system's main function is to alert us to a situation so that we can take the necessary safety measures to protect the public, our workers, and ourselves. A remote signal system that might notify the fire brigade through a central station may also be included in the fire alarm system.
Based on connectivity, the industrial cooking fire protection system market is classified into wired and wireless. The wireless segment in 2021 accounted for a substantial share of the industrial cooking fire protection market. The adoption of fire prevention systems for industrial cooking is primarily motivated by the fast expansion of food production and processing facilities, and the legal framework for industrial safety further fuels it. As a result, fire alarm systems with wireless, automated, and small designs that suit most industrial floor plans and adhere to standards established by regulatory organizations like the NFPA are expected to become increasingly popular.
End Use Outlook
Based on end use, the industrial cooking fire protection system market is classified into restaurants & hotels, food & beverages, and others. The restaurants and hotels segment accounted for the largest revenue share in the market in 2021. Living standards and habits have evolved along with increased urbanization and rising personal discretionary income. As a result, consumers increasingly choose to eat and party out more often. Due to the rapid expansion of upscale eateries, there is an increasing need for industrial kitchen fire prevention systems.
|Market size value in 2021||USD 33.1 Billion|
|Market size forecast in 2028||USD 57.5 Billion|
|Historical Period||2018 to 2020|
|Forecast Period||2022 to 2028|
|Revenue Growth Rate||CAGR of 8.4% from 2022 to 2028|
|Number of Pages||203|
|Number of Tables||330|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Product Type, Connectivity, End Use, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Based on region, the industrial cooking fire protection system market is categorized into North America, Europe, Asia Pacific, and LAMEA. The North American region contributed the majority of the revenue share in 2021. Commercial cooking facilities in the area are equipped with cutting-edge fire prevention systems that raise the alert as soon as smoke, or an oil buildup that might start a fire is detected. The rising number of food processing facilities in the United States is driving North America's industrial cooking fire protection system market. In addition, the United States' strong regulatory requirements maintained by organizations and governmental bodies to avoid fire incidents in industrial cooking areas fuel this industry.
Free Valuable Insights: Global Industrial Cooking Fire Protection System Market size to reach USD 57.5 Billion by 2028
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
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
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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North America Industrial Cooking Fire Protection System Market Report 2022-2028
Europe Industrial Cooking Fire Protection System Market Report 2022-2028
Asia Pacific Industrial Cooking Fire Protection System Market Report 2022-2028
LAMEA Industrial Cooking Fire Protection System Market Report 2022-2028
How valuable will the Industrial Cooking Fire Protection System Market be in the future?
The global Industrial Cooking Fire Protection System Market size is expected to reach $57.5 billion by 2028.
What are the key driving factors and challenges in the Industrial Cooking Fire Protection System Market?
Increasing use of water MIST systems are driving the market in coming years, however, Heavy investments in implementation and maintenance restraints the growth of the market.
What are the major top companies in the competitive landscape?
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.
Which segment shows a high revenue share of the Industrial Cooking Fire Protection System Market in 2021?
The Wired segment acquired maximum revenue share in the Global Industrial Cooking Fire Protection System Market by Connectivity in 2021 thereby, achieving a market value of $38.3 billion by 2028.
Which region dominated the Industrial Cooking Fire Protection System Market in 2021?
The North America market dominated the Global Industrial Cooking Fire Protection System Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $19.3 billion by 2028.