Global Fire Protection Systems in Oil and Gas Industry 2016-2020 Market Share and Size, Trends and Growth, Analysis and Forecast
Market outlook of the FPS market in the oil and gas industry
Technavios 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 ...view middle of the document...
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.
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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?
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Table Of Content
PART 01: Executive summary
PART 02: Scope of the report