Fire Protection Systems in South America
Summary
Fire Protection Systems in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- A fire protection system is designed to prevent the destructive and potentially life-threatening consequences of fire. These systems serve to extinguish flames or smoke and alert building occupants, thereby reducing the risk of loss of life and property. Market scope encompasses products related to fire suppression, sprinklers, detection, analysis, and response. Market value represents revenue generated by market players in a specific year.
- The South American fire protection systems market recorded revenues of $1.4 billion in 2023, representing a compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
- The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $0.9 billion, equivalent to 64.2% of the market's overall value.
- Rapid urbanization and expanding infrastructure projects in emerging and developed economies alike contribute to the need for robust fire suppression and detection systems in new structures, ranging from office buildings and retail spaces to manufacturing facilities. According to GlobalData, the South American construction industry stood at $326.8 billion in 2023, an increase of 10.1% from the previous year.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fire protection systems market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fire protection systems market in South America
- Leading company profiles reveal details of key fire protection systems market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South America fire protection systems market with five year forecasts
- What was the size of the South America fire protection systems market by value in 2023?
- What will be the size of the South America fire protection systems market in 2028?
- What factors are affecting the strength of competition in the South America fire protection systems market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's fire protection systems market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the strengths and strategies of the leading players?
- 7.3. What are the most recent market developments?
- 8 Company Profiles
- 8.1. Johnson Controls International Plc
- 8.2. Honeywell International Inc
- 8.3. Siemens AG
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: South America fire protection systems market value: $ million, 2018-23
- Table 2: South America fire protection systems market category segmentation: % share, by value, 2018-23
- Table 3: South America fire protection systems market category segmentation: $ million, 2018-23
- Table 4: South America fire protection systems market geography segmentation: $ million, 2023
- Table 5: South America fire protection systems market value forecast: $ million, 2023-28
- Table 6: Johnson Controls International Plc: Key Facts
- Table 7: Johnson Controls International Plc: Annual Financial Ratios
- Table 8: Johnson Controls International Plc: Key Employees
- Table 9: Honeywell International Inc: Key Facts
- Table 10: Honeywell International Inc: Annual Financial Ratios
- Table 11: Honeywell International Inc: Key Employees
- Table 12: Honeywell International Inc: Key Employees Continued
- Table 13: Siemens AG: Key Facts
- Table 14: Siemens AG: Annual Financial Ratios
- Table 15: Siemens AG: Key Employees
- Table 16: Siemens AG: Key Employees Continued
- Table 17: South America Exchange Rate, 2018-23
- List of Figures
- Figure 1: South America fire protection systems market value: $ million, 2018-23
- Figure 2: South America fire protection systems market category segmentation: $ million, 2018-23
- Figure 3: South America fire protection systems market geography segmentation: % share, by value, 2023
- Figure 4: South America fire protection systems market value forecast: $ million, 2023-28
- Figure 5: Forces driving competition in the fire protection systems market in South America, 2023
- Figure 6: Drivers of buyer power in the fire protection systems market in South America, 2023
- Figure 7: Drivers of supplier power in the fire protection systems market in South America, 2023
- Figure 8: Factors influencing the likelihood of new entrants in the fire protection systems market in South America, 2023
- Figure 9: Factors influencing the threat of substitutes in the fire protection systems market in South America, 2023
- Figure 10: Drivers of degree of rivalry in the fire protection systems market in South America, 2023
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