Japan Fire Suppression System Market Size & Outlook
Japan fire suppression system market, 2018-2030 (US$M)
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Japan fire suppression system market highlights
- The Japan fire suppression system market generated a revenue of USD 679.7 million in 2023 and is expected to reach USD 975.3 million by 2030.
- The Japan market is expected to grow at a CAGR of 5.3% 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 2023 | USD 679.7 million |
| Market revenue in 2030 | USD 975.3 million |
| Growth rate | 5.3% (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 | Minimax, 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, Japan accounted for 3.2% 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.
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Fire Suppression System Market Scope
Fire Suppression System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 57.75% in 2023. Horizon Databook has segmented the Japan fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
Fire protection systems play a significant role in safeguarding and alerting residents and occupants of a facility from potential fire hazards. A fire suppression system helps to save lives and property from the potential damages that fire can inflict.
The increased awareness regarding the vast benefits of fire protection systems has led to a notable rise in the adoption of a variety of fire safety solutions in residential and commercial settings.
The growth of the construction industry in the country is supported by strong demand for Japan-based exports and works supported by the record USD 490 billion fiscal stimulus package offered by the government of the country.
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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 country-level data and insights on the Japan fire suppression system market , including forecasts for subscribers. This country databook contains high-level insights into Japan fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan fire suppression system market size, by product, 2018-2030 (US$M)
Japan Fire Suppression System Market Outlook Share, 2023 & 2030 (US$M)
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