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North America Fire Protection Systems Market Size, Share: 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
North America Fire Protection Systems Market Outlook
The North America fire protection systems market size reached approximately USD 23.12 billion in 2023. The market is estimated to grow at a CAGR of 3.3% in the forecast period of 2024-2032, reaching a value of around USD 30.96 billion by 2032.
Key Trends in the Market
Fire protection systems comprise equipment, services and strategies, which are utilised to prevent or control the spread of a fire. They also encompass safety drills, fire protection products, educational awareness regarding fire risk and safety, and regular inspections regarding fire hazards.
- Growing demand for fire protection systems in the residential sector amid rising incidences of fire is one of the crucial North America fire protection systems market trends. Tenants usually seek residential buildings that are equipped with fire safety equipment such as fire alarms, fire extinguishers, smoke detectors, or sprinkler systems, among others, to enhance their safety.
- Increased incorporation of CPVC (chlorinated polyvinyl chloride) pipes as an alternative to traditional metal pipes in fire protection systems, due to their excellent durability, lightweight, and cost-effective nature, is another prominent trend aiding the market expansion.
- The deployment of advanced technologies such as cloud computing and IoT in fire protection systems for providing early fire detection and real-time location of fire also contributes to the North America fire protection systems market growth.
- Favourable government initiatives such as NFPA (National Fire Protection Association) code and standards that enforce fire safety standards and installation of fire detection and suppression devices also support the market growth.
Market Analysis
Based on type, the market is bifurcated into active fire protection systems and passive fire protection systems. On the basis of product, the market is divided into fire detection, fire suppression, fire response, fire analysis, and fire sprinkler system.
Based on service, the market is classified into managed service, installation and design service, and maintenance service, among others. The North America fire protection systems market segmentation, on the basis of application, includes commercial, industrial, and residential. Based on country, the market is divided into the United States of America and Canada.
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 North America 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
- Eaton Corporation plc
- Robert Bosch GmbH
- Halma plc
- HOCHIKI Corporation
- Gentex Corporation
- Amerex Corporation
- Others
Market Share by Product
Fire detection systems occupy a significant portion of the North America fire protection systems market share, owing to the growing demand for early detection of fire to prevent the loss of life and property. Regulatory standards that mandate the installation of fire detection systems in the workplaces of the region also provide a positive market outlook.
Meanwhile, fire suppression systems are expected to witness sizeable growth in the foreseeable future, due to the rising applications of suppressants for deterring the spread of fire.
Market Share by Application
As per the North America fire protection systems market analysis, the commercial sector accounts for a substantial share of the regional market, due to the increased installation of fire protection devices in the BFSI, healthcare, government, retail, and IT and telecom sectors, among others. The introduction of stringent government policies regarding fire safety and prevention in commercial settings also aids the growth of the segment.
Additionally, the industrial sector is expected to gain considerable growth in the upcoming years, owing to the high demand for fire protection systems in electrical power and distribution and other major hazardous areas in the region.
Competitive Landscape
Honeywell International Inc., founded in 1906, is a multinational conglomerate of aerospace, performance materials, and building technology. The company, based in North Carolina, the United States, offers access control, control panels, building management, and fire life safety, among others.
Johnson Controls International plc is a primary provider of HVAC, fire safety and security equipment, established in 1885. The company, headquartered in Cork, Ireland, provides its services in data centres, healthcare, industrial and manufacturing, and transportation, among other sectors.
RTX Corporation, incorporated in 2020, is an aviation component manufacturing company, with its headquarters in Virginia, the United States. Its speciality includes advanced sensors, aerostructures, aircraft engines, precision weapons, and software development, among others.
Other North America fire protection systems market players include Siemens AG, Eaton Corporation plc, Robert Bosch GmbH, Halma plc, HOCHIKI Corporation, Gentex Corporation, and Amerex Corporation, 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
7 Opportunities and Challenges in the Market
8 Global Fire Protection Systems Market Overview
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 Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 North America Fire Protection Systems Market Overview
9.1 Key Industry Highlights
9.2 North America Fire Protection Systems Historical Market (2018-2023)
9.3 North America Fire Protection Systems Market Forecast (2024-2032)
10 North America Fire Protection Systems Market by Type
10.1 Active Fire Protection Systems
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Passive Fire Protection Systems
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 North America Fire Protection Systems Market by Product
11.1 Fire Detection
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Fire Suppression
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Fire Response
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Fire Analysis
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Fire Sprinkler System
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
12 North America Fire Protection Systems Market by Service
12.1 Managed Service
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Installation and Design Service
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Maintenance Service
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 North America Fire Protection Systems Market by Application
13.1 Commercial
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Industrial
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Residential
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
14 North America Fire Protection Systems Market by Country
14.1 United States of America
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Canada
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators of Demand
15.4 Key Indicators of Price
16 Trade Data Analysis (HS Code – 842410, 853110)
16.1 Major Importing Countries
16.1.1 By Volume
16.1.2 By Value
16.2 Major Exporting Countries
16.2.1 By Volume
16.2.2 By Value
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Honeywell International Inc.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Johnson Controls International plc
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 RTX Corporation
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Siemens AG
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Eaton Corporation plc
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Robert Bosch GmbH
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Halma plc
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 HOCHIKI Corporation
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Gentex Corporation
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 Amerex Corporation
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Others
18 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. North America Fire Protection Systems Market: Key Industry Highlights, 2018 and 2032
3. North America Fire Protection Systems Historical Market: Breakup by Type (USD Billion), 2018-2023
4. North America Fire Protection Systems Market Forecast: Breakup by Type (USD Billion), 2024-2032
5. North America Fire Protection Systems Historical Market: Breakup by Product (USD Billion), 2018-2023
6. North America Fire Protection Systems Market Forecast: Breakup by Product (USD Billion), 2024-2032
7. North America Fire Protection Systems Historical Market: Breakup by Service (USD Billion), 2018-2023
8. North America Fire Protection Systems Market Forecast: Breakup by Service (USD Billion), 2024-2032
9. North America Fire Protection Systems Historical Market: Breakup by Application (USD Billion), 2018-2023
10. North America Fire Protection Systems Market Forecast: Breakup by Application (USD Billion), 2024-2032
11. North America Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
12. North America Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
13. Major Importing Countries by Volume
14. Major Exporting Countries by Volume
15. Major Importing Countries by Value
16. Major Exporting Countries by Value
17. North America Fire Protection Systems Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 23.12 billion.
The market is projected to grow at a CAGR of 3.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 30.96 billion by 2032.
The major market drivers are growing cases of wildfire in North America, the surge in fire safety awareness, and regulatory measures concerning fire safety.
The key trends of the market include growing demand for fire protection systems in the residential sector, increased incorporation of CPVC pipe as an alternative to traditional metal pipes in fire protection systems, and the deployment of advanced technology such as cloud computing and IoT in fire protection systems of the region.
The major countries are the United States of America and Canada.
Different products are fire detection, fire suppression, fire response, fire analysis, and fire sprinkler system.
The key players in the market are Honeywell International Inc., Johnson Controls International plc, RTX Corporation, Siemens AG, Eaton Corporation plc, Robert Bosch GmbH, Halma plc, HOCHIKI Corporation, Gentex Corporation, and Amerex Corporation, among others.
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