U.S. Fire Safety Equipment Market Size & Outlook
U.S. fire safety equipment market, 2018-2030 (US$M)
Related Markets
U.S. fire safety equipment market highlights
- The U.S. fire safety equipment market generated a revenue of USD 16,612.6 million in 2023 and is expected to reach USD 21,087.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 3.5% 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 16,612.6 million |
| Market revenue in 2030 | USD 21,087.9 million |
| Growth rate | 3.5% (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, U.S. accounted for 31.2% 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 North America, U.S. fire safety equipment market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 21,087.9 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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U.S. 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 59.47% in 2023. Horizon Databook has segmented the U.S. fire safety equipment market based on detection, suppression covering the revenue growth of each sub-segment from 2018 to 2030.
The United States holds the largest market share in the North American region owing to the states varying requirements related to the use of fire and smoke detectors and fire alarms.
Over the past few years, the increased stringency for installing fire safety system in the older buildings is further has significantly driven the market.
Furthermore, in U.S. more than 75% of the states have passed a legislation stating the mandatory implementation of CO alarm, thus further augmenting the market growth.
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Target buyers of U.S. 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 country-level data and insights on the U.S. fire safety equipment market , including forecasts for subscribers. This country databook contains high-level insights into U.S. fire safety equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. fire safety equipment market size, by solution, 2018-2030 (US$M)
U.S. Fire Safety Equipment Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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