UK Fire Suppression Market Size & Outlook, 2023-2030
UK fire suppression market, 2018-2030 (US$M)
Related Markets
UK fire suppression market highlights
- The UK fire suppression market generated a revenue of USD 1,316.9 million in 2023 and is expected to reach USD 2,242.9 million by 2030.
- The UK market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, sprinklers 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 1,316.9 million |
| Market revenue in 2030 | USD 2,242.9 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Sprinklers |
| 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, UK accounted for 7.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Fire Suppression Market Scope
Fire Suppression Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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.
Sprinklers was the largest segment with a revenue share of 59.69% in 2023. Horizon Databook has segmented the UK fire suppression market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
The successful vaccine rollout in the UK is expected to bolster the country’s plans for an economic rebound. In April 2021, the IMF revised its GDP growth rate forecast for the UK from 4.5% to 5.3% for the 2021 financial year.
The UK is still in the process of the EU-UK trade and cooperation arrangements, which may prove disruptive to the UK’s growth. With manufacturing activity in the UK still in its primary stage, the fire suppression systems market is more likely to benefit from the heavy activity in the construction sector.
According to the Construction Products Association, the output is forecasted to rise by 12.9% in 2021 and 5.2% in 2022. The commercial sector primarily includes the institutional, government, hospitality, healthcare, and telecom and IT industries.
Reasons to subscribe to UK fire suppression market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of UK fire suppression market databook
-
Our clientele includes a mix of fire suppression market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 UK fire suppression market , including forecasts for subscribers. This country databook contains high-level insights into UK fire suppression market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK fire suppression market size, by product, 2018-2030 (US$M)
UK Fire Suppression Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
