July 07, 2022
According to the research report titled ‘Global Data Center Fire Protection Market 2022-2028’, available with MarketStudyReport, global data center fire protection market valuation is estimated to grow by USD 362 million by the end of 2028, garnering a CAGR of 7.1% during the forecast period.
Rising consciousness for fire protection in data centers, strict legislation regarding the adoption of fire safety protocols, sheer necessity amongst IT industries to decrease an unplanned downtime cost in case of damaged data centers, and increasing prevalence of fire breakouts due to equipment failure are the major reasons favoring the growth of global data center fire protection market.
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For those unaware, in case of a fire, safeguarding sensitive information in data centers is of utmost importance. Digital equipment, suspended ceilings, wiring, HVAC equipment, cables, raised floors, and flammable objects are highly vulnerable to fire in data centers, which is why the need for fire protection in such facilities becomes a high priority.
Additionally, innovation in fire suppression systems, combined with soaring demand for edge data centers are likely to create promising avenues for businesses in this line of work during the review period.
Besides covering a comprehensive analysis of the market situation containing the most recent trends and key growth drivers, the report also delivers an in-depth evaluation of the prevailing constraints and drawbacks, and provides plausible solutions to assist investors in optimizing the revenues.
Segmenting global data center fire protection industry based on types consists of room-level fire protection, and building-level fire protection. In terms of product terrain, the marketplace can be classified into fire suppression and fire protection.
Moving on, the major regional markets analyzed in the report are North America, Europe, and Asia Pacific. Details about the growth opportunities and existing trends in these economies are entailed in the document.
Analyzing the competitive outlook, the research examines the profiles of leading organizations in worldwide data center fire protection industry, including W.S. Darley & Co., Siemens AG, Johnson Controls International plc, Halma plc (Firetrace USA LLC), Danfoss A/S, Cannon Fire Protection Ltd., STANG KOREA Co. Ltd., Securiton AG, inControl Systems Inc., Fike Corporation, Carrier Global Corporation, and The 3M Company among others.