1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Oil and Gas Energy Market Trends
  5. > Global Fire Protection Systems in Oil and Gas Markets 2016-2020

Global Fire Protection Systems in Oil and Gas Markets 2016-2020

  • December 2015
  • -
  • Infiniti Research Limited
  • -
  • 56 pages

Market outlook of the FPS market in the oil and gas industry

Technavio€™s research analyst predicts the global FPS market in the oil and gas industry to grow steadily at a CAGR of close to 4% during the forecast period. One of the primary drivers for the growth of this market is the stringent regulatory framework set up by the government. These regulatory frameworks and standards state that every direct oil and gas operators should allocate a certain share of their overall investments in fire safety. As per these standards, the establishment of a health and safety department in every oil and gas facility is mandatory to analyze and prevent fires during onshore and offshore activities.

The use of eco-friendly fire-suppression systems is another significant trend driving the growth of the FPS market. Rising environmental awareness such as the need to reduce ozone depletion and global warming has driven oil and gas operators to adopt environmentally friendly FPS such as gaseous and water mist systems. Many oil and operators and FPS vendors are developing fire suppression materials that are sustainable and effective.

End-user segmentation and analysis of the FPS market in the oil and gas industry

Upstream
Midstream
Downstream
The upstream segment led the FPS market during 2015, with a market share of over 43%. The growing demand for oil and gas resources has magnified upstream or exploration and production (E&P) activities worldwide, leading to its dominance in the overall market. This rising E&P activities coupled with the need to prevent fire hazards has contributed to the growth of the FPS market.

Geographical segmentation and analysis of the FPS market in the oil and gas industry

Americas
APAC
EMEA
The Americas held the largest share of the FPS market in the oil and gas industry and accounted for about 42% of the total market share. The US and Canada are the major contributors in this region. For instance, oil companies in Canada, especially in Calgary, Alberta, are making massive investments in passive and active FPS.


Competitive landscape and key vendors

The need to reduce the risks associated with flammable and explosive products and the subsequent deployment of risk management strategies has boosted the FPS market in the oil and gas industry. Therefore, many providers have been motivated to enter the market due to the rising oil and gas activities worldwide.


The leading vendors in the market are -

3M
KEVTA
Kidde Fire Systems
Orcus Fire & Risk
Tyco International

Key questions answered in the report include

What will the market size and the growth rate be in 2020?
What are the key factors driving the global fire protection systems market in the oil and gas industry?
What are the key market trends impacting the growth of the global fire protection systems market in the oil and gas industry?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the vendors in the global fire protection systems market in the oil and gas industry?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global fire protection systems market in the oil and gas industry?
Technavio also offers customization on reports based on specific client requirement.


Related reports:

Global Lab Equipment Fire Extinguisher Market 2015-2019
Global Process Safety Systems Market 2015-2019

Table Of Contents

Global Fire Protection Systems in Oil and Gas Markets 2016-2020
Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by end-user
- Global FPS market in the oil and gas industry by end-user
- FPS market in upstream oil and gas sector
- FPS market in downstream oil and gas sector
- FPS market in midstream oil and gas sector
PART 07: Geographical segmentation
- Geographical segmentation of global FPS market in oil and gas industry
- FPS market in oil and gas industry in APAC
- FPS market in oil and gas industry in the Americas
- FPS market in oil and gas industry in EMEA
PART 08: Market drivers
- Strong regulatory framework
- Technological advances in fire-suppressing systems
- Increased focus on safety standards
PART 09: Impact of drivers
PART 10: Market challenges
- Growing investments in alternative energy sources
- Technological issues related to FPS
- Decreasing oil prices
PART 11: Impact of drivers and challenges
PART 12: Market trends
- Use of eco-friendly fire-suppression systems
- Rising number of contracts
- Employment scenario in the US
PART 13: Vendor landscape
- Competitive scenario
PART 14: Key vendor analysis
- 3M
- KEVTA
- Kidde Fire Systems
- Orcus Fire and Risk
- Tyco International
PART 15: Appendix
- List of abbreviations
PART 16: Explore Technavio
?

List of Exhibits
Exhibit 01: Types of FPS
Exhibit 02: Global FPS market in the oil and gas industry overview
Exhibit 03: Global FPS market in the oil and gas industry ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global FPS market in the oil and gas industry by end-user 2015
Exhibit 06: Global FPS market in the oil and gas industry by end-user 2020
Exhibit 07: Global FPS market in the oil and gas industry by end-user 2015-2020
Exhibit 08: FPS market in upstream oil and gas sector ($ billions)
Exhibit 09: Global upstream oil and gas investments
Exhibit 10: FPS market in downstream oil and gas sector ($ billions)
Exhibit 11: Major fire accidents in oil-refining facilities 2010-2012
Exhibit 12: FPS market in midstream oil and gas sector ($ billions)
Exhibit 13: Geographical segmentation of global FPS market in oil and gas industry 2015
Exhibit 14: Geographical segmentation of global FPS market in oil and gas industry 2020
Exhibit 15: Geographical segmentation of global FPS market in oil and gas industry 2015-2020
Exhibit 16: FPS market in oil and gas industry in APAC ($ billions)
Exhibit 17: FPS market in oil and gas industry in the Americas ($ billions)
Exhibit 18: Fire incidents in the Americas
Exhibit 19: FPS market in oil and gas industry in EMEA ($ billions)
Exhibit 20: Impact of drivers
Exhibit 21: Non-water FPS
Exhibit 22: Impact of drivers and challenges
Exhibit 23: KEVTA: Product segmentation

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Crude Oil Flow Improvers Market by Type, Application, Supply Mode - Global Forecast to 2021

Crude Oil Flow Improvers Market by Type, Application, Supply Mode - Global Forecast to 2021

  • $ 12000
  • Industry report
  • September 2016
  • by MarketsandMarkets

“Rise in crude oil production worldwide drives the COFI market” The global market size of COFI is estimated to reach USD 1.73 billion by 2021 from 1.32 billion in 2016, at a CAGR of 5.5%. Excessive ...

Filter Bags Market - Global Industry, Size, Share, Growth, Trends and Forecast 2016 - 2024

Filter Bags Market - Global Industry, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 7000
  • Industry report
  • September 2016
  • by Transparency Market Research

The filter bags market report provides an in-depth analysis of the global filter bag market for the period 2014 – 2024, wherein 2015 is the base year and the years from 2016 to 2024 is the forecast period. ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.