Spain Fire Suppression Market Size & Outlook, 2023-2030
Spain fire suppression market, 2018-2030 (US$M)
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Spain fire suppression market highlights
- The Spain fire suppression market generated a revenue of USD 309.2 million in 2023 and is expected to reach USD 417.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, fire extinguishers was the largest revenue generating product in 2023.
- Sprinklers is the most lucrative product segment registering the fastest growth during the forecast period.
Fire suppression market data book summary
| Market revenue in 2023 | USD 309.2 million |
| Market revenue in 2030 | USD 417.7 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Fire extinguishers |
| Fastest growing segment | Sprinklers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fire Extinguishers, Sprinklers |
| Key market players worldwide | Maximus Inc, Gentex Corp, Halma PLC, Hochiki Corp ADR, Honeywell International Inc, Johnson Controls International PLC, Robert Bosch Engineering & Business Solutions, Siemens AG, RTX Corp, Fike |
Other key industry trends
- In terms of revenue, Spain accounted for 1.7% of the global fire suppression market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany fire suppression 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 2,242.9 million by 2030.
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Fire Suppression Market Scope
Fire Suppression Market Companies
| Name | Profile | # Employees | HQ | Website |
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Spain fire suppression 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 suppression market will help companies and investors design strategic landscapes.
Fire extinguishers was the largest segment with a revenue share of 76.23% in 2023. Horizon Databook has segmented the Spain fire suppression market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
The key contributors to the economy of Spain are the aerospace & defense, chemicals, and tourism industries. The textiles, food & beverages, metals, chemicals, and shipbuilding industries also account for significant shares of the economy of Spain and contributes significantly to the GDP of the country.
Various other industries in the country have also witnessed consistent growth over the past few years. The construction industry of Spain has been rebounding owing to the economic recovery of the country from the impact of the recession and increased foreign investments.
This is anticipated to surge construction activities in Spain, thereby fueling the demand for fire suppression systems to be installed in these newly constructed buildings and infrastructures over the forecast period.
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Target buyers of Spain fire suppression market databook
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Our clientele includes a mix of fire suppression 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 Spain fire suppression market , including forecasts for subscribers. This country databook contains high-level insights into Spain fire suppression market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain fire suppression market size, by product, 2018-2030 (US$M)
Spain Fire Suppression Market Outlook Share, 2023 & 2030 (US$M)
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