The global marine fire extinguishing system market is set to grow at a notable rate, compounded annually over the assessment period of the upcoming report – 2019 to 2029. As per TMRR, the market would, as a result of this robust growth, witness emergence of new opportunities of growth. Furthermore, market will see a boost in its valuation. A host of notable trends and drivers will fuel this growth in the market over the forecast period. Some of these are growing awareness regarding advanced equipment and solutions available in the market and increase in number of naval vessels.
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Global Marine Fire Extinguishing System Market: Competitive Landscape
The number of varied strategies deployed by leading players in the market to ensure future growth is leading the landscape to numerous developments that are shaping its future. Some of the common growth strategies deployed by market players are focusing on technological advancement, offering a diverse portfolio, and entering key alliances.
The vendor landscape of global marine fire extinguishing system market is quite fragmented.
Some distinguished names operating the global marine fire extinguishing system market playfield are:
- Akron Brass
- Amerex Fire International
- Asiatic Fire System
- Fireboy- Xintex
- Sea- Fire
- Danfoss Semco
- Fluid Global Solutions
- Hochiki Europe
- Elkhart Brass Manufacturing
- Garbarino Pump Asia
- Jason Engineering
- NAFFCO
- Kidde- Fenwal
- Survitec Group
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