Global Fire Detection Market Size & Outlook, 2023-2030
The fire detection industry worldwide is expected to reach a projected revenue of US$ 54,963.8 million by 2030. A compound annual growth rate of 6.8% is expected of the worldwide fire detection industry from 2024 to 2030.
Revenue, 2023 (US$M)
$34,578.1
Forecast, 2030 (US$M)
$54,963.8
CAGR, 2024 - 2030
6.8%
Report Coverage
Worldwide
Global fire detection market, 2018-2030 (US$M)
Related Markets
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Global fire detection market highlights
- The global fire detection market generated a revenue of USD 34,578.1 million in 2023 and is expected to reach USD 54,963.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.8% by 2030.
- In terms of segment, fire detectors accounted for a revenue of USD 17,474.9 million in 2023.
- Fire Alarms is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 34,578.1 million |
| Market revenue in 2030 | USD 54,963.8 million |
| Growth rate | 6.8% (CAGR from 2023 to 2030) |
| Largest segment | Fire detectors |
| Fastest growing segment | Fire Alarms |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fire Detectors, Fire Alarms |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global fire detection market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 2,026.7 million by 2030.
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Fire Detection Market Scope
Fire detection market segmentation & scope
Regions
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Countries
U.S.
Canada
France
Germany
Italy
Spain
UK
South Korea
Japan
India
China
Australia
Brazil
Argentina
Mexico
UAE
South Africa
Saudi Arabia
Fire Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fire detection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fire detection market will help companies and investors design strategic landscapes.
Fire detectors was the largest segment with a revenue share of 50.54% in 2023. Horizon Databook has segmented the Global fire detection market based on fire detectors, fire alarms covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fire Detection Product Outlook (Revenue, USD Million, 2018-2030)
- Fire Extinguishers
- Sprinklers
- Fire Detectors
- Fire Alarms
- Global Fire Detection Application Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Industrial
- Residential
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Our clientele includes a mix of fire detection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fire detection market , including forecasts for subscribers. This global databook contains high-level insights into Global fire detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global fire detection market size, by region, 2018-2030 (US$M)
Top 10 countries: Fire detection market size, 2023 (US$M)
Global fire detection market share, by product, 2023 & 2030 (%, US$M)
fire detection market: Opportunity assessment by country
Global fire detection market, by region, 2023 (US$M)
Related regional statistics
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