Italy Fire Safety Equipment Market Size & Outlook
Italy fire safety equipment market, 2018-2030 (US$M)
Related Markets
Italy fire safety equipment market highlights
- The Italy fire safety equipment market generated a revenue of USD 383.8 million in 2023 and is expected to reach USD 438.5 million by 2030.
- The Italy market is expected to grow at a CAGR of 1.9% 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.
Fire safety equipment market data book summary
| Market revenue in 2023 | USD 383.8 million |
| Market revenue in 2030 | USD 438.5 million |
| Growth rate | 1.9% (CAGR from 2023 to 2030) |
| Largest segment | Detection |
| Fastest growing segment | Detection |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Italy accounted for 0.7% of the global fire safety equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany fire safety equipment market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 7,389.6 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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Italy 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 70.35% in 2023. Horizon Databook has segmented the Italy fire safety equipment market based on detection, suppression covering the revenue growth of each sub-segment from 2018 to 2030.
Authorities on the Italian island of Sardinia are counting on a collection of ultra-early wildfire detection sensors to stop the occurrence of another catastrophic incident in the region that was devastated by forest fires in 2021.
The sensors are mounted on trees to detect gas during a fire's smoldering stage before it really takes hold. They operate without cellular connection and make use of Internet of Things (IoT) technology. Hence, these initiatives are driving the market demand.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the Italy fire safety equipment market , including forecasts for subscribers. This country databook contains high-level insights into Italy fire safety equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy fire safety equipment market size, by solution, 2018-2030 (US$M)
Italy Fire Safety Equipment Market Outlook Share, 2023 & 2030 (US$M)
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