Global Fire Sprinkler Systems Market Size & Outlook
Global fire sprinkler systems market, 2017-2030 (US$M)
Related Markets
Global fire sprinkler systems market highlights
- The global fire sprinkler systems market generated a revenue of USD 8,110.5 million in 2022 and is expected to reach USD 15,108.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 8.1% by 2030.
- In terms of segment, product accounted for a revenue of USD 5,937.0 million in 2022.
- Product is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 8,110.5 million |
| Market revenue in 2030 | USD 15,108.2 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Product |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 29.4% of the global fire sprinkler systems market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 253.6 million by 2030.
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Fire Sprinkler Systems Market Scope
Fire Sprinkler Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fire sprinkler systems 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 sprinkler systems market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 73.2% in 2022. Horizon Databook has segmented the Global fire sprinkler systems market based on product, service covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Fire Sprinkler Systems Component Outlook (Revenue, USD Million, 2017-2030)
- Product
- Wet-pipe Sprinkler System
- Dry-pipe Sprinkler System
- Pre-action Sprinkler System
- Deluge Sprinkler System
- Service
- Product
- Global Fire Sprinkler Systems End Use Outlook (Revenue, USD Million, 2017-2030)
- Residential
- Commercial
- Industrial
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fire sprinkler systems market, including forecasts for subscribers. This global databook contains high-level insights into Global fire sprinkler systems market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global fire sprinkler systems market report size, by regions, 2017-2030 (US$M)
Top 10 countries: Fire sprinkler systems market report size, 2022 (US$M)
Global fire sprinkler systems market report share, by component, 2022 & 2030 (%, US$M)
Fire sprinkler systems market: Opportunity assessment by country
Global fire sprinkler systems market, by region, 2022 (US$M)
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