Global Fire Suppression System Market Size & Outlook
Global fire suppression system market, 2018-2030 (US$M)
Related Markets
Global fire suppression system market highlights
- The global fire suppression system market generated a revenue of USD 21,112.4 million in 2023 and is expected to reach USD 29,537.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.9% by 2030.
- In terms of segment, fire extinguishers accounted for a revenue of USD 12,148.8 million in 2023.
- Sprinklers is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 21,112.4 million |
| Market revenue in 2030 | USD 29,537.7 million |
| Growth rate | 4.9% (CAGR from 2023 to 2030) |
| Largest segment | Fire extinguishers |
| Fastest growing segment | Sprinklers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fire Extinguishers, Sprinklers |
Other key industry trends
- In terms of revenue, the North America accounted for 36.7% of the global fire suppression system market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 7,728.2 million by 2030.
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Fire Suppression System Market Scope
Fire Suppression System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fire suppression system 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 system market will help companies and investors design strategic landscapes.
Fire extinguishers was the largest segment with a revenue share of 57.54% in 2023. Horizon Databook has segmented the Global fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fire Suppression System Product Outlook (Revenue, USD Million, 2018-2030)
- Fire Extinguishers
- Gas
- Water
- Dry Chemical Powder
- Other Fire Extinguishers
- Sprinklers
- Fire Extinguishers
- Global Fire Suppression System Application Outlook (Revenue, USD Million, 2018-2030)
- Commercial
- Industrial
- Residential
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Target buyers of Global fire suppression system market databook
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Our clientele includes a mix of fire suppression system market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global fire suppression system market , including forecasts for subscribers. This global databook contains high-level insights into Global fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global fire suppression system market size, by regions, 2018-2030 (US$M)
Top 10 countries: Fire suppression system market size, 2023 (US$M)
Global fire suppression system market share, by product, 2023 & 2030 (%, US$M)
Fire suppression system market: Opportunity assessment by country
Global fire suppression system market, by region, 2023 (US$M)
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