Latest industry research report On Fire protection systems (or FPS), are equipment that mitigate the unwanted impact of potentially cataclysmic fires. Often referred as active fire protection, these systems help in the manual and automatic detection as well as suppression of fires. The most popular fire protection equipment includes the fire alarm, sprinkler system and others. Rapid growth in fire incidents has resulted in causalities and loss of property. Therefore, to curb such causalities and loss of assets from fire outbreaks, the demand for cutting edge protection systems has surged in recent years. This rising need for fire protection equipment is accompanies by the increasing adoption rate of technology advancements used for sensing, detecting, monitoring etc. during fire outbreaks.