Large government and private investment projects and the country's rising urbanization will be the top drivers for the fire & safety growth in 2018.
Major buyers from a wide range of sectors will be attending Fire & Safety Thailand this year searching for the most suitable products and solutions.
2018 growth factors:
- Mega projects and urbanization
- Mandatory law for fire & safety equipment in high-rise building
- EEC's large scale industrial estate projects (more than 30 industrial estates and over 5,000 factories)
A rise in demand for better fire safety can be seen from new expansion of shopping mall and manufacturing sector, installation of power station and data-center and the stricter enforcement of the Building and Factory Control Law.
The increase in building heights also drives the demand for fire system. Fire alarms and systems are now mandated by law for buildings above 28 meters. In the Easter Economy Corridor, there is now focus on government investment and building factories which will open billion dollar opportunities in Thailand's fire market.