Saudi Arabia Fire Safety Market Reached $577 million in 2015

Saudi Arabia has remained one of the most promising hearth safety markets in entire GCC region. In last few years, the market has enjoyed robust development owing to rising building market within the areas similar to residential, retail, hospitality, public infrastructure, healthcare, and education. Also, with recent fire incidences and emergence of high rise buildings the need for advanced hearth safety techniques have surged in the nation.
The newly constructed buildings or ongoing construction could be geared up with superior fireplace security techniques, however, immense opportunities exist for the gamers in retrofit buildings section which have conventional fireplace safety methods.
In the yr 2015, the market for fire safety methods in Saudi Arabia declined as a result of slumping oil prices, which affected infrastructure/real property spending and construction activities. Moreover, most of the upcoming tasks were put on maintain by the federal government to scale back the burden on the Saudi Arabia’s economy.
According to 6Wresearch, Saudi Arabia’s fire safety market touched $577 million in 2015. The fire security market in Saudi Arabia is expected to remain unstable till 2017, the place progress would be recorded publish 2017 with the recovery of the oil prices coupled with government spending.
Unlike Saudi Arabia, UAE, the second largest fireplace security market in GCC area registered constructive development as a outcome of rising building actions for the upcoming Dubai World Expo 2020. The occasion is prone to attract 25 million vacationers, which is spurring the construction in the areas of hospitality, public infrastructure, retail, leisure, and so forth. Also, government mandates are further fueling the expansion of the market in UAE.
In overall Saudi Arabia’s hearth security market, fireplace protection techniques have generated majority of the market revenues, whereby fire extinguishers, fireplace suppression methods and hearth pumps & controllers have led the market development.
Over spmk700 , Saudi Arabia’s fire safety market would be pushed by the government necessary laws and alternative of existing fireplace security methods. Residential and industrial verticals can be the key verticals the place main substitute markets exists.
For more information, go to

Scroll to Top