
Fire Suppression System Market by Product (Fire Detectors & Control Panels, Fire Extinguishers, Fire Sprinklers), Fire Extinguisher Type (Dry Chemical Powder, Gas, Water), Application - Global Forecast 2024-2030
Description
Fire Suppression System Market by Product (Fire Detectors & Control Panels, Fire Extinguishers, Fire Sprinklers), Fire Extinguisher Type (Dry Chemical Powder, Gas, Water), Application - Global Forecast 2024-2030
The Fire Suppression System Market size was estimated at USD 20.62 billion in 2023 and expected to reach USD 21.91 billion in 2024, at a CAGR 6.42% to reach USD 31.88 billion by 2030.Fire suppression systems are designed to detect, control, or extinguish fire in residential, commercial, industrial, or public spaces. These systems include devices such as sprinklers, fire extinguishers, alarms, smoke detectors, gas suppressants, foam agents, and integrated fire protection systems with multiple components working in conjunction. Growing awareness about the importance of fire safety practices compels governments worldwide to implement stringent regulations mandating the installation of effective fire suppression systems in new constructions and existing infrastructures. However, high installation and maintenance costs may impede its deployment across the end-use sector. Innovative developments, including IoT-enabled smart fire detection devices, can offer enhanced protection through real-time monitoring, which is expected to boost its adoption by the end-use sectors globally.Regional InsightsThe fire suppression system market is evolving in the Americas due to stringent building codes, safety regulations, and a growing awareness of fire protection and demand for advanced fire protection systems. In Europe, the EU's Construction Products Regulation mandates that all member states enforce strict fire safety regulations. In the Middle East and Africa region, rapid urbanization and expansion of the construction sector have resulted in escalating demand for effective fire suppression systems. Robust economic growth, growing construction activities, and developing high-tech fire suppression systems coupled with an emphasis on the importance of fire safety in new construction projects have proliferated the deployment across the residential and commercial sectors in the APAC region. In addition, significant investments and collaborations to develop and deploy efficient fire suppression systems are anticipated to propel the growth of the fire suppression system market worldwide.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Fire Suppression System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Fire Suppression System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Fire Suppression System Market, highlighting leading vendors and their innovative profiles. These include Accuro Brandschutzanlagen GmbH, AFEX Fire Suppression Systems, ARGUS FIRE CONTROL, INC., Captive-Aire Systems, Inc., Eaton Corporation PLC, Encore, Fike Corporation, Firefly AB, GENTEX CORPORATION, Halma PLC, Hochiki Corporation, Honeywell International Inc., Johnson Controls International PLC, Kanadia Fyr Fyter Pvt. Ltd., Kidde-Fenwal, Inc. by Carrier Global Corporation, Minimax Viking GmbH, Napco Security Technologies, Inc., PillarPlus Private Limited, Robert Bosch GmbH, S&S Sprinkler Co. LLC, Schrack Seconet AG, Securiton AG, Siemens AG, SPA Technique, Inc., and Victaulic Company.
Market Segmentation & Coverage
This research report categorizes the Fire Suppression System Market to forecast the revenues and analyze trends in each of the following sub-markets:
Product
Fire Detectors & Control Panels
Fire Extinguishers
Fire Sprinklers
Fire Suppressors
Fire Extinguisher Type
Dry Chemical Powder
Gas
Water
Application
Commercial
Industrial
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Fire Suppression System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Fire Suppression System Market?
3. What are the technology trends and regulatory frameworks in the Fire Suppression System Market?
4. What is the market share of the leading vendors in the Fire Suppression System Market?
5. Which modes and strategic moves are suitable for entering the Fire Suppression System Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
188 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Fire Suppression System Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Potential demand attributed to growing fire cases across the globe
- 5.1.1.2. Increasing industrialization and rising number of commercial spaces
- 5.1.1.3. Favorable governmental regulations for deployment of fire management systems
- 5.1.2. Restraints
- 5.1.2.1. High cost and complex installation of fire suppression systems
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of novel and innovative fire suppression systems
- 5.1.3.2. Significant investments and collaboration to deploy fire suppression systems
- 5.1.4. Challenges
- 5.1.4.1. Concerns associated with overheating and corrosion
- 5.2. Market Segmentation Analysis
- 5.2.1. Product: Significant penetration of fire extinguishers in end-use sectors globally
- 5.2.2. Application: Deployment of fire suppression systems in commercial spaces owing to stringent fire safety regulations
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Fire Suppression System Market, by Product
- 6.1. Introduction
- 6.2. Fire Detectors & Control Panels
- 6.3. Fire Extinguishers
- 6.4. Fire Sprinklers
- 6.5. Fire Suppressors
- 7. Fire Suppression System Market, by Fire Extinguisher Type
- 7.1. Introduction
- 7.2. Dry Chemical Powder
- 7.3. Gas
- 7.4. Water
- 8. Fire Suppression System Market, by Application
- 8.1. Introduction
- 8.2. Commercial
- 8.3. Industrial
- 8.4. Residential
- 9. Americas Fire Suppression System Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Fire Suppression System Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Fire Suppression System Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
- 12.3.1.1. Visqueen Launches its Latest Advanced Product System for Fire Protection
- 12.3.1.2. Fike Launches New Fire Suppression Solution
- 12.3.2. Award, Recognition, & Expansion
- 12.3.2.1. Pye-Barker Fire & Safety Expands into Missouri, Illinois with Acquisition of Pyrotech
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. Accuro Brandschutzanlagen GmbH
- 13.1.2. AFEX Fire Suppression Systems
- 13.1.3. ARGUS FIRE CONTROL, INC.
- 13.1.4. Captive-Aire Systems, Inc.
- 13.1.5. Eaton Corporation PLC
- 13.1.6. Encore
- 13.1.7. Fike Corporation
- 13.1.8. Firefly AB
- 13.1.9. GENTEX CORPORATION
- 13.1.10. Halma PLC
- 13.1.11. Hochiki Corporation
- 13.1.12. Honeywell International Inc.
- 13.1.13. Johnson Controls International PLC
- 13.1.14. Kanadia Fyr Fyter Pvt. Ltd.
- 13.1.15. Kidde-Fenwal, Inc. by Carrier Global Corporation
- 13.1.16. Minimax Viking GmbH
- 13.1.17. Napco Security Technologies, Inc.
- 13.1.18. PillarPlus Private Limited
- 13.1.19. Robert Bosch GmbH
- 13.1.20. S&S Sprinkler Co. LLC
- 13.1.21. Schrack Seconet AG
- 13.1.22. Securiton AG
- 13.1.23. Siemens AG
- 13.1.24. SPA Technique, Inc.
- 13.1.25. Victaulic Company
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
- FIGURE 1. FIRE SUPPRESSION SYSTEM MARKET RESEARCH PROCESS
- FIGURE 2. FIRE SUPPRESSION SYSTEM MARKET SIZE, 2023 VS 2030
- FIGURE 3. FIRE SUPPRESSION SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. FIRE SUPPRESSION SYSTEM MARKET DYNAMICS
- FIGURE 7. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
- FIGURE 8. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY FIRE EXTINGUISHER TYPE, 2023 VS 2030 (%)
- FIGURE 10. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY FIRE EXTINGUISHER TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
- FIGURE 12. FIRE SUPPRESSION SYSTEM MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AMERICAS FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 14. AMERICAS FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. UNITED STATES FIRE SUPPRESSION SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 16. UNITED STATES FIRE SUPPRESSION SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. ASIA-PACIFIC FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. ASIA-PACIFIC FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. EUROPE, MIDDLE EAST & AFRICA FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. EUROPE, MIDDLE EAST & AFRICA FIRE SUPPRESSION SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. FIRE SUPPRESSION SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 22. FIRE SUPPRESSION SYSTEM MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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