Asia Pacific Fire Safety Equipment Market Size & Outlook
Asia Pacific fire safety equipment market, 2018-2030 (US$M)
Related Markets
Asia Pacific fire safety equipment market highlights
- The Asia Pacific fire safety equipment market generated a revenue of USD 11,501.7 million in 2023.
- The market is expected to grow at a CAGR of 9.2% from 2024 to 2030.
- In terms of segment, detection was the largest revenue generating solution in 2023.
- Detection is the most lucrative solution segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 11,501.7 million |
| Market revenue in 2030 | USD 21,320.4 million |
| Growth rate | 9.2% (CAGR from 2023 to 2030) |
| Largest segment | Detection |
| Fastest growing segment | Detection |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Detection, Suppression |
| Key market players worldwide | Eaton Corp PLC, Gentex Corp, Halma PLC, Hochiki Corp ADR, Honeywell International Inc, Johnson Controls International PLC, NAPCO Security Technologies Inc, Robert Bosch Engineering & Business Solutions, Siemens AG, United Technologies Corporation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.6% of the global fire safety equipment market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,320.4 million by 2030.
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Fire Safety Equipment Market Scope
Fire Safety Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific fire safety equipment 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 safety equipment market will help companies and investors design strategic landscapes.
Detection was the largest segment with a revenue share of 70.66% in 2023. Horizon Databook has segmented the Asia Pacific fire safety equipment market based on detection, suppression covering the revenue growth of each sub-segment from 2018 to 2030.
In the growing Asia Pacific region, nations like China, Japan, and India are anticipated to be the main drivers of market expansion. It is anticipated that factors like the quick urbanization and industrialization of emerging nations will increase the demand for fire safety equipment in the area.
Some important elements that are likely to help to the segment's growth soon include the considerable presence of sensor manufacturing firms and the high level of fire safety equipment production.
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Target buyers of Asia Pacific fire safety equipment market databook
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Our clientele includes a mix of fire safety equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific fire safety equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific fire safety equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific fire safety equipment market size, by country, 2018-2030 (US$M)
Asia Pacific Fire Safety Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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