Construction projects have sparked the occurrence of fire accidents in UAE in recent times with a total of 170 incidents reported in Dubai in 2021 compared to 160 in 2018, says a report by Ken Research.
- Growing focus of UAE Government towards local manufacturing and digital streamlining of civil services will boost the fire safety product market.
Other Challenges in UAE Fitness Equipment Market Industry
The UAE Government has been taking initiatives to improve the state of Fire Safety & Rescue tools Market. Various policies have been put into place in order to smoothen the overall functioning. For instance, Dubai Industrial Strategy 2030 aims to elevate Dubai into a global platform for knowledge-based, sustainable and innovation-focused businesses. The project is already underway. The aim is to localize manufacturing by establishing industries in UAE in sectors such as Aerospace, Maritime, Pharmaceuticals & Medical Equipment, Aluminum & Fabricated Metals, Fast Moving Consumable Goods (FMCG) and Machinery & Equipment. This would mean rising demand for establishment of industry specific fire-fighting units.
2. Smartphone apps, faster response system and increasing imports from China are government initiatives that have resulted in the growth of rescue tools market in UAE.
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Another set of reforms are taking place in the rescue tools market with the intention of increasing the overall profits of the market. Features such as E-call system that provides an automated message to the emergency services following a road crash which includes the precise crash location. UAE government has made Emergency Call (E-Call) System mandatory in all vehicles in 2020, which will help fast track rescue activities. Other reforms include features such as new Response system & database in Abu Dhabi which will enable the Emergency and Public Safety Department to access information about the important areas.
3. “Combining safety & Profits:” The future holds a massive opportunity in the UAE Fire Safety Market.
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With more than 60% of the incidents in UAE being caused by sparks or other such incidents, the UAE government is expected to introduce more efficient fire detecting systems in the near future which then creates a massive opportunity in the market. Moreover, retail properties are expected to grow with 100% growth rate in terms of area coverage in the next 5 years, which again is expected to result in the introduction of better policies & infrastructural development in the market.