According to 6wresearch, the Qatar Fire Safety Systems & Equipment market is projected to grow at a CAGR of 6.2% during 2017-23. Qatar, being the host country for FIFA World Cup, 2022 is expected to witness growth in the fire safety systems & equipment market owing to a large number of construction activities across all the verticals. Construction in the areas of retail, hospitality, transportation, entertainment, and residential are expected to create key demand for these systems and equipment in the country. To build the world class infrastructure necessary for the upcoming World Cup, $203.35 billion are expected to be invested in the country.

According to Ravi Bhandari, Assistant Manager, Research and Consulting, 6wresearch, “Fire Suppression Systems holds a major share in the Qatar Fire Safety Systems & Equipment Market and is expected to dominate the market in the forecast period. In fire suppression systems, fire extinguishers have played a role in its revenue generation.

Further, the demand for emergency lighting and alarms have also increased due to the growing number of fire incidences in the country and ensuring timely evacuation of the individuals,” Ravi further added.

According to Kanika Sharma, Research Associate, Research and consulting, 6wresearch, “In Qatar, smoke detectors are also witnessing growth and are expected to dominate the market in the forecast period in the fire detection system segment. Government mandates and better thermal lag properties over other detectors have led for their demand across all the verticals."

The analysts say that there is planned investment worth $45 billion in Lusail City, $1.5 billion in Al Jawhara and $4.1 billion in Barwa, which would be for the further development of these cities, and which would further drive the market for Qatar fire safety systems & equipment market.

Some of the major Companies in Qatar Fire Safety Systems & Equipment Market includes NAFFCO, SFFECO, Tyco, Chubb and Honeywell.

“Qatar Fire Safety Systems & Equipment Market (2017–2023)” report provides in-depth analysis with 51 figures and 10 tables covered in more than 125 pages. The report estimates and forecasts the overall Qatar Fire Safety Systems and Equipment Market by Types, Verticals and Regions. The report also offer insights on competitive landscape, companies benchmarking, company profiles, market drivers and restraints.