North America Fire Safety Equipment Market Size & Outlook
North America fire safety equipment market, 2018-2030 (US$M)
Related Markets
North America fire safety equipment market highlights
- The North America fire safety equipment market generated a revenue of USD 19,514.7 million in 2023.
- The market is expected to grow at a CAGR of 3.3% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 19,514.7 million |
| Market revenue in 2030 | USD 24,555.3 million |
| Growth rate | 3.3% (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, North America region accounted for 36.7% 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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North America 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 59.52% in 2023. Horizon Databook has segmented the North America fire safety equipment market based on detection, suppression covering the revenue growth of each sub-segment from 2018 to 2030.
The North American region is expected to grow considerably within the forecast period. The region has a strong presence of fire safety equipment manufacturers namely Gentex Corporation, Honeywell International, inc., and Johnson Controls.
As these companies are actively involved in the spreading the awareness regarding fire safety. Moreover, stringent fire safety regulations and norms are propelling regional growth. For instance, in the U.S., the Fire Code, a model code, is adopted by local and state jurisdictions and is enforced by fire prevention officers belonging to municipal fire departments.
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Target buyers of North America 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 North America fire safety equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America fire safety equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America fire safety equipment market size, by country, 2018-2030 (US$M)
North America Fire Safety Equipment Market Outlook Share, 2023 & 2030 (US$M)
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