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Global Fire Protection Systems Market Size, Share, Trends, Forecast: By Type: Active Fire Protection Systems, Passive Fire Protection Systems; By Product: Fire Detection, Fire Suppression, Fire Response, Fire Analysis, Fire Sprinkler System; By Service: Managed Service, Others; By Application; Regional Analysis; Competitive Landscape; 2024-2032
Global Fire Protection Systems Market Outlook
The global fire protection systems market size reached approximately USD 81.35 billion in 2023. The market is assessed to grow at a CAGR of 6.9% between 2024 and 2032 to attain a value of around USD 147.44 billion by 2032.
Key Trends in the Market
Fire protection systems are solutions that are installed and operated to minimise the risk of fire or losses associated with a fire. They consist of various components that can notify residents in case of a fire, suppress a fire for safe evacuation, and reduce property damage. Fire protection systems are widely deployed in commercial and residential buildings.
- Some of the significant fire protection systems market trends include the rising awareness regarding fire safety and the introduction of stringent government regulations aimed at reducing the risk of fire in buildings and industrial facilities.
- There is an increasing integration of technologies like the Internet of things (IoT) and AI in fire protection systems that can immediately notify fire threats to occupants, streamline various operations, provide better reporting and documentation, and automate the operations of notification devices like speakers, horns, and strobe lights, among others.
- The rising trend of sustainability and growing environmental awareness are anticipated to further drive the fire protection systems market growth in the coming years. Manufacturers are developing eco-friendly, renewable, sustainable, and reusable extinguishers and fire suppressants to meet the evolving requirements of environmentally conscious end users.
Market Analysis
Based on type, the fire protection systems market segmentation includes active fire protection systems and passive fire protection systems. On the basis of product, the market can be divided into fire detection, fire suppression, fire response, fire analysis, and fire sprinkler system.
By service, the market segmentation includes managed service, installation and design service, and maintenance service, among others. The various applications of the product are commercial, industrial, and residential. The major regional markets for fire protection systems include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global fire protection systems market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Honeywell International Inc.
- Johnson Controls International plc
- RTX Corporation
- Siemens AG
- Robert Bosch GmbH
- Eaton Corporation plc
- Halma plc
- HOCHIKI Corporation
- Gentex Corporation
- Amerex Corporation
- Victaulic Company
- Others
Market Share by Product
As per the fire protection systems market analysis, the demand for fire detection systems is significantly rising. Such systems are integrated with fire alarms to detect the fire in the early stages and notify the occupants in case of a fire, hence reducing property loss, enhancing the safety of residents, and minimising fire recovery times.
There is an increasing utilisation of automated fire protection systems that can monitor environmental changes associated with combustion to detect fire at the earliest stage, minimise false alarms, and lower the spread of smoke and fire.
Market Share by Region
North America accounts for a significant portion of the fire protection systems market, supported by the rising focus on reducing the risk of fires and the presence of key players in countries like the United States. Governments in the region are focusing on reducing economic losses associated with fire hazards, hence promoting the installation of fire protection systems in commercial, residential, and industrial buildings.
Meanwhile, the Asia Pacific region is likely to experience a healthy growth in the coming years due to rising disposable incomes, rapid urbanisation, and surging construction activities. The increasing awareness regarding the importance of fire safety, coupled with stringent regulatory requirements aimed at enhancing the safety of commercial and residential establishments, is also anticipated to favour the fire protection systems market in the coming years.
Competitive Landscape
Halma plc is a group of 45 technology companies that provides innovative technologies and services to drive a healthier, cleaner, and safer future. It operates in over 20 countries in regions and countries like the United States, the Asia Pacific, mainland Europe, and the United Kingdom.
HOCHIKI Corporation, based in Tokyo, Japan, is a company that is engaged in the manufacturing, installation, marketing, sales, maintenance, and R&D of security systems, fire alarm systems, fire extinguishing systems, and fire alarm systems, among others. Established in 1918, the company aims to create a carbon-neutral society through its innovations.
Amerex Corporation, established in 1971, is a prominent manufacturer of wheeled and hand portable fire extinguishers for the industrial and commercial sectors. The company is known for its excellent services, quality, innovation, customer support, and exceptional customer support, among others.
Other fire protection systems market players include Honeywell International Inc., Johnson Controls International plc, RTX Corporation, Siemens AG, Robert Bosch GmbH, Eaton Corporation plc, Gentex Corporation, and Victaulic Company, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Product |
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| Breakup by Service |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Fire Protection Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Fire Protection Systems Historical Market (2018-2023)
8.3 Global Fire Protection Systems Market Forecast (2024-2032)
8.4 Global Fire Protection Systems Market by Type
8.4.1 Active Fire Protection Systems
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Passive Fire Protection Systems
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Fire Protection Systems Market by Product
8.5.1 Fire Detection
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Fire Suppression
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fire Response
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Fire Analysis
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Fire Sprinkler System
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Fire Protection Systems Market by Service
8.6.1 Managed Service
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Installation and Design Service
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Maintenance Service
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Fire Protection Systems Market by Application
8.7.1 Commercial
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Industrial
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Residential
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Fire Protection Systems Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Fire Protection Systems Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Fire Protection Systems Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Fire Protection Systems Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Fire Protection Systems Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Fire Protection Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 842410, 853110)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Honeywell International Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Johnson Controls International plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 RTX Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Siemens AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Robert Bosch GmbH
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Eaton Corporation plc
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Halma plc
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 HOCHIKI Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Gentex Corporation
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Amerex Corporation
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Victaulic Company
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fire Protection Systems Market: Key Industry Highlights, 2018 and 2032
2. Global Fire Protection Systems Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Fire Protection Systems Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Fire Protection Systems Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Global Fire Protection Systems Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Global Fire Protection Systems Historical Market: Breakup by Service (USD Billion), 2018-2023
7. Global Fire Protection Systems Market Forecast: Breakup by Service (USD Billion), 2024-2032
8. Global Fire Protection Systems Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Fire Protection Systems Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Fire Protection Systems Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Fire Protection Systems Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. Global Fire Protection Systems Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of nearly USD 81.35 billion.
The market is assessed to grow at a CAGR of 6.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 147.44 billion by 2032.
The major market drivers are rapid urbanisation, the growing demand for fire detection systems, and the rising awareness regarding fire safety.
The key trends supporting the market development are the rising focus on reducing the risk of fires in residential buildings, the integration of innovative technologies in fire protection systems, and the development of eco-friendly, renewable, sustainable, and reusable extinguishers and fire suppressants.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant applications of the product are commercial, industrial, and residential.
The major players in the market are Honeywell International Inc., Johnson Controls International plc, RTX Corporation, Siemens AG, Robert Bosch GmbH, Eaton Corporation plc, Halma plc, HOCHIKI Corporation, Gentex Corporation, Amerex Corporation, and Victaulic Company, among others.
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