Latin America Fire Sprinkler Systems Market Size & Outlook

The fire sprinkler systems market in Latin America is expected to reach a projected revenue of US$ 827.5 million by 2030. A compound annual growth rate of 6.9% is expected of Latin America fire sprinkler systems market from 2023 to 2030.

Revenue, 2022 (US$M)
$484.7
Forecast, 2030 (US$M)
$827.5
CAGR, 2023 - 2030
6.9%
Report Coverage
Latin America

Latin America fire sprinkler systems market highlights

  • The Latin America fire sprinkler systems market generated a revenue of USD 484.7 million in 2022.
  • The market is expected to grow at a CAGR of 6.9% from 2023 to 2030.
  • In terms of segment, product was the largest revenue generating component in 2022.
  • Product is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.

Latin America data book summary

Market revenue in 2022USD 484.7 million
Market revenue in 2030USD 827.5 million
Growth rate6.9% (CAGR from 2022 to 2030)
Largest segmentProduct
Fastest growing segmentProduct
Historical data covered2017 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationProduct, Service
Key market players worldwideHoneywell International Inc, Reliance Industries Ltd GDR - 144A, Johnson Controls International PLC, Viking Therapeutics Inc, Victaulic, HD Fire Protect, Minimax, Potter Electric Signal

Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.0% of the global fire sprinkler systems market in 2022.
  • Globally, Asia Pacific 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 4,478.6 million by 2030.

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Fire Sprinkler Systems Market Scope

Fire sprinkler systems market segmentation & scope
Wet-pipe Sprinkler System
Dry-pipe Sprinkler System
Pre-action Sprinkler System
Deluge Sprinkler System
Service
Residential
Commercial
Industrial

Fire Sprinkler Systems Market Companies

Name Profile # Employees HQ Website

Latin America 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 73.45% in 2022. Horizon Databook has segmented the Latin America fire sprinkler systems market based on product, service covering the revenue growth of each sub-segment from 2017 to 2030.


  • Latin America 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
  • Latin America 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 continent-level data and insights on the Latin America fire sprinkler systems market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America fire sprinkler systems market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America fire sprinkler systems market report size, by country, 2017-2030 (US$M)

Latin America Fire Sprinkler Systems Market Share, 2022 & 2030 (US$M)

Latin America fire sprinkler systems market report size, by country, 2017-2030 (US$M)

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