The fire equipment industry is the general term for the fire equipment manufacturing industry, including data monitoring products such as fire hoses, fire hydrants, and fire equipment. With the continuous development of society, the government and enterprises have paid unprecedented attention to fire equipment. Since 2020, the fire equipment industry has developed rapidly. Below, we will conduct a detailed analysis around the current situation and development trends of China's fire equipment industry.

一、 Market demand situation and development trend

1. Market demand situation. Since 2020, with the increasing demand for fire-fighting equipment in society, the development prospects of the fire-fighting equipment industry have been promising. According to research data, the operating revenue of the fire equipment industry reached 30.2199 billion yuan in 2020, a year-on-year increase of 31.2%. At the same time, at the market level, the sales of the fire equipment industry reached 40.749.7 billion yuan in 2020, an increase of 71.83% compared to the previous year, highlighting the high demand for fire equipment from consumers.

2. Industry development trends. With the increasing demand for fire-fighting equipment from consumers, the development trend of the fire-fighting equipment industry is becoming increasingly positive. At the same time, intelligent interconnection will become a hot topic in the development trend of fire equipment in the future, including intelligent alarm, intelligent monitoring, intelligent fire protection, and other intelligent technologies, which will be involved, forming a new development trend. In addition, with the popularization of safety awareness, the investment of the government and enterprises will also increase, thereby promoting the development of fire equipment.

二、 Industry competition situation and development trend

1. Industry competition situation. The competition in the firefighting equipment industry is fierce, and the pricing power is dominant. The firefighting equipment industry is mainly divided into two categories: first, mechanical firefighting products, including fire alarms, fire hydrants, etc; The second is electrical fire protection products, such as fire hoses, fire pumps, etc.

2. Industry development trends. With the rapid increase in development speed, the development trend of the fire equipment industry will also become increasingly clear. Starting from 2023, the potential of China's fire equipment industry is enormous, and fire equipment manufacturing enterprises will gain more growth opportunities. Fire equipment manufacturing enterprises are striving to develop new products and improve product quality to seize market share.

In short, with the increasing attention of the government and enterprises to fire equipment, the situation and development trend of China's fire equipment industry can be seen, and the development prospects of the entire industry are excellent. The future development of intelligent systems and safety system technology will drive the takeoff of China's fire equipment industry and bring more growth opportunities for fire equipment manufacturing enterprises.