Global fire suppression systems Market to reach $26.6 Billion by 2027

by ActiveBreaking News

The global market for Fire Suppression Systems is estimated at US$19 Billion in the year 2020, is projected to reach a revised size of US$26.6 Billion by 2027, growing at a CAGR of 4.9% over the analysis period 2020-2027.

Dry Chemical-Based, one of the segments analyzed in the report, is projected to grow at a 5.6% CAGR to reach US$10.8 Billion by the end of the analysis period.

After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Water-Based segment is readjusted to a revised 4.6% CAGR for the next 7-year period. This segment currently accounts for a 28.7% share of the global Fire Suppression Systems market.

The U.S. Accounts for Over 29.7% of Global Market Size in 2020, While China is Forecast to Grow at a 6.7% CAGR for the Period of 2020-2027

The Fire Suppression Systems market in the U.S. is estimated at US$5.6 Billion in the year 2020. The country currently accounts for a 29.69% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$3.8 Billion in the year 2027 trailing a CAGR of 6.7% through 2027.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR while Rest of European market (as defined in the study) will reach US$3.8 Billion by the year 2027.

Other Product Types Segment Corners a 32.6% Share in 2020

In the global Other Product Types segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$4.9 Billion in the year 2020 will reach a projected size of US$6.5 Billion by the close of the analysis period.

China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3 Billion by the year 2027, while Latin America will expand at a 4.9% CAGR through the analysis period.

Titan Security Europe launches range of armoured vehicles

by Breaking NewsProductsProjects

Titan Security are now offering a new range of armoured vehicles for use in corporate, government and private security sectors across Europe. Titan are now able to provide custom built armoured cars including Range Rover, Mercedes Benz and Toyota Land Cruisers.

The standard range offers full body armouring with B6 level protection, B6 overlaps to provide protection from bullets following linear and angular trajectories, upgraded suspension, wheel assemblies, slotted discs on all wheels to enhance heat dissipation.

  • Armoured Range Rovers

Range Rovers are the most popular armoured vehicle as they offer exceptional all terrain mobility, high performance engines and high impact resistance. The range offers upgraded suspension and wheel assemblies, full armour coverage to B6 as standard, slotted discs and 20” wheel assemblies. Ballistic glass offers B6 level protection with armour plate overlap at key areas. Internal engine and vehicle components are fitted with additional plating, protection and redundancies to keep the vehicle moving.

  • Armoured Mercedes Benz

The S Class sedan is the pinnacle of luxury car and we are able to offer the new W221 generation in a variety of customised configurations including the S400 hybrid, S600, S63 and S65 AMG. The range offers complete armour coverage for all four sides and the roof, windshield and doors with ballistic overlaps and reinforced hinges to prevent potential misalignment of plates. The chassis has been fully reinforced and brake systems and suspension systems upgraded to provide increased mobility with armour plating.

  • Armoured Toyota Land Cruisers

Toyota land cruisers are the company’s popular flagship product and are available in left, and right hand drive with engine sizes from 4.0l V6 – 5.7l V8 Petrol and 4.5l V8 diesel offering exceptional power and speed.

The armoured land cruiser is incredibly versatile for all terrain and offers Smartarmour single piece armour design for sidewalls, overlapping Firewall armouring to minimise welding points, custom fabricated door panels, spall liner for bullet catching, updated armour to provide additional protection for batteries, engine wings, ECU, brake cylinder and radiators. The vehicle has been designed to act as a roll cage in the event of cars flipping and can be fully customised to customer’s specifications.

Automatic Fire Suppression Systems

As well as the standard features, Titan’s armoured vehicles can be fitted with CEN B7 level protective armour to protect from armour piercing rounds, ballistic radiator protection, certified blast protection, automatic fire suppression systems, communications systems, escape hatches and PA systems. They provide the most versatile armoured vehicles in the market today. All Titan’s vehicles are fully customisable and made to order so the client always receives a tailored armoured vehicle.

www.titansecurityeurope.com/