India Fire Suppression System Market Size & Outlook

The fire suppression system market in India is expected to reach a projected revenue of US$ 820.9 million by 2030. A compound annual growth rate of 7.7% is expected of India fire suppression system market from 2024 to 2030.
Revenue, 2023 (US$M)
$486.8
Forecast, 2030 (US$M)
$820.9
CAGR, 2024 - 2030
7.8%
Report Coverage
India

India fire suppression system market highlights

  • The India fire suppression system market generated a revenue of USD 486.8 million in 2023 and is expected to reach USD 820.9 million by 2030.
  • The India market is expected to grow at a CAGR of 7.7% 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 system market data book summary

Market revenue in 2023USD 486.8 million
Market revenue in 2030USD 820.9 million
Growth rate7.7% (CAGR from 2023 to 2030)
Largest segmentFire extinguishers
Fastest growing segmentSprinklers
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFire Extinguishers, Sprinklers
Key market players worldwideMinimax, Gentex Corp, Halma PLC, Hochiki Corp ADR, Honeywell International Inc, Johnson Controls International PLC, Siemens AG, RTX Corp, Bosch


Other key industry trends

  • In terms of revenue, India accounted for 2.3% of the global fire suppression system market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China fire suppression system market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 820.9 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 System Market Companies

Name Profile # Employees HQ Website

India 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 61.36% in 2023. Horizon Databook has segmented the India fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.


Stringent regulations regarding the fire safety are anticipated to fuel the demand for fire suppression systems over the forecast period. 

The economy of India is progressing rapidly owing to the launch of the Make in India program, along with ongoing infrastructural development projects in the country and rising government and private sector investments. 

According to India Brand Equity Foundation (IBEF), the country is anticipated to become the third-largest construction market worldwide by 2022. India is expected to contribute a significant share of market demand for the fire suppression systems owing to their increasing usage in industries such as automotive, power, nuclear, construction, and oil and gas. 

Reasons to subscribe to India fire suppression system 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 India fire suppression system market databook

  • Our clientele includes a mix of fire suppression system 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 India fire suppression system market , including forecasts for subscribers. This country databook contains high-level insights into India fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

Partial client list

  • logo

India fire suppression system market size, by product, 2018-2030 (US$M)

India Fire Suppression System Market Outlook Share, 2023 & 2030 (US$M)

India fire suppression system market size, by product, 2018-2030 (US$M)

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.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more