Market Forecast By Types (Smoke Detectors, Heat Detectors, Gas Detectors, Flame Detectors, Beam Detectors) And Competitive Landscape
According to 6Wresearch, Saudi Arabia Fire Detection and Alarm System Market revenues are projected to witness a negative CAGR of 4.2% during 2020-26F. The fire detection and alarm system market in the region registered a decline during the first half of 2020 on account of the global economic slowdown caused by COVID-19, however, the aforementioned market is expected to recover post-2020. Smoke Detectors dominated the market of fire detection & alarm systems in Saudi Arabia in recent years due to their widespread usage in commercial and residential domain. Further, government regulations and demand for smart home technology would also boost the growth of the market revenues of smoke detectors during the forecast period.
Key Highlights
- Historical data of Saudi Arabia Fire Detection and Alarm System market revenues for the period 2016-2019
- Saudi Arabia Fire Detection and Alarm System market size and market forecast of revenues, until 2026F
- Historical data of Saudi Arabia Fire Detection and Alarm System market revenues, by types, for the period 2016-2019
- Saudi Arabia Fire Detection and Alarm System market size and market forecast of revenues, by types, until 2026F
- Market Drivers and Restraints.
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