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Global Fire Protection Solutions - Procurement Market Intelligence Report

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    Report

  • 85 Pages
  • January 2018
  • Region: Global
  • SpendEdge
  • ID: 4458574
About Fire Protection Solutions Market

Fire protection solutions mainly focus on undertaking measures that prevent the obliteration of properties through fire. These solutions comprise of several safety planning practices which include fire drills, research, investigation, and education on fire, construction of the building, safety planning, and safe operations, and testing of mitigating systems. Moreover, the growing government initiatives to implement passive fire protection solutions to prevent fire-related hazards, safeguard infrastructure, and reduce life risks and human loss are driving the growth of this market. Also, buyers belonging to the oil and gas industry are looking at adopting advanced fire detection and suppression systems in the operation sectors such as upstream, midstream, and downstream to ensure optimal safety of their workers.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Fire Protection Solutions Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report, Global Fire Protection Solutions Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver
  • Rise in the adoption of fire protection solutions in the oil and gas industry

  • For a full, detailed list, view our report


Category constraints
  • The difficulty in procuring customized solutions from suppliers

  • For a full, detailed list, view our report


Procurement best practices
  • To engage with suppliers that have integrated fire detection and building management solutions

  • For a full, detailed list, view our report


Key questions answered in this report
  • What are the market dynamics?

  • What are the key market trends?

  • What are the category growth drivers?

  • What are the constraints to category growth?

  • Who are the suppliers in this market?

  • What are the demand-supply shifts?

  • What are the major category requirements?

  • What are the procurement best practices in this market?


You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Table of Contents

PART 1: CATEGORY AT A GLANCE
  • TAKEAWAY 01 - Market Overview

  • TAKEAWAY 02 - Demand and Supply Snapshot

  • TAKEAWAY 03 - Key Market Dynamics

  • TAKEAWAY 04 - Supply Market Highlights

  • TAKEAWAY 05 - Pricing Insights

  • TAKEAWAY 06 - Procurement Insights


PART 2: SCOPE OF THE REPORT
  • Category Definition

  • Research Methodology


PART 3: MARKET INSIGHTS
  • Category Spend Analysis

  • Category Maturity by Regions

  • Demand-Supply Shifts

  • Regional Demand-Supply Snapshot

  • Market Developments

  • Regional Impact of Trends

  • Key Category Growth Drivers and Corresponding Regional Impacts

  • Major Category Growth Constraints and Corresponding Regional Impacts

  • Key Current Technological Innovations

  • Major Regulatory Frameworks

  • Strategic Sustainability Practices

  • Porter’s Five Forces

  • PESTLE Analysis


PART 4: SUPPLY MARKET INSIGHTS
  • Supplier Operational Capability Matrix

  • Other Prominent Suppliers by Region: Operational Capability Matrix

  • Supplier Functional Capability Matrix

  • Other Prominent Suppliers by Region: Functional Capability Matrix

  • Key Clients/Partners

  • Supplier Cost Breakup

  • Supplier Positioning Matrix


PART 5: PRICING INSIGHTS
  • Pricing Models Snapshot

  • Pricing Models - Pros and Cons

  • Indicative Pricing


PART 6: PROCUREMENT INSIGHTS
  • Major Category Requirements

  • Major Procurement Pain Points

  • Category Sourcing Evolution Matrix

  • Procurement Best Practices

  • Cost-saving Opportunities

  • Supplier Selection Criteria

  • Category Negotiation Strategies

  • SLA Terms

  • Supplier Evaluation Criteria

  • Category Risk Analysis


PART 7: TOP FIVE SUPPLIERS
  • Siemens

  • Honeywell

  • Johnson Controls

  • Bosch

  • 3M


PART 8: APPENDIX
  • Glossary

  • Key Notes

  • About

Executive Summary

New Report Released: Global Fire Protection Solutions Category - Procurement Market Intelligence Report 2018-2022.

The author of the report recognizes the following companies as the key suppliers in the Global Fire Protection Solutions Category - Procurement Market Intelligence Report: Siemens, Honeywell, Johnson Controls, Bosch, and 3M.

Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to opt for suppliers that have integrated fire detection and building management solutions. They must ensure that the suppliers can incorporate safety solutions with building management systems to provide a scalable fire response platform.”

According to the report, one of the key growth contributors for the global fire protection solutions market is the rising demand for the incorporation of fire protection solutions to improve fire safety standards and protection of assets from fire hazards within commercial buildings and manufacturing sites.

Further, the report states that major procurement challenge experienced by the buyers is the difficulty in the procurement of customized solutions from suppliers. Buyers across industries have personalized requirements concerning fire protection solutions. Consequently, the majority of suppliers may not have the service capabilities to cater to their specific needs.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.

Companies Mentioned

  • Siemens
  • Honeywell
  • Johnson Controls
  • Bosch
  • 3M

Methodology

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