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

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

Category : Energy and Power
Published On : December  2015
Pages : 56

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

Technavio 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

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 & 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

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