Saudi Arabia Fire Suppression System Market Size & Outlook
Saudi Arabia fire suppression system market, 2018-2030 (US$M)
Related Markets
Saudi Arabia fire suppression system market highlights
- The Saudi Arabia fire suppression system market generated a revenue of USD 612.0 million in 2023 and is expected to reach USD 1,016.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.5% 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 system market data book summary
| Market revenue in 2023 | USD 612.0 million |
| Market revenue in 2030 | USD 1,016.7 million |
| Growth rate | 7.5% (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 | 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, Saudi Arabia accounted for 2.9% 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 Middle East & Africa, Saudi Arabia fire suppression system market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,016.7 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 Scope
Fire Suppression System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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.
Sprinklers was the largest segment with a revenue share of 68.69% in 2023. Horizon Databook has segmented the Saudi Arabia fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
Saudi Arabia is an appealing mining location owing to government support for investors, low-cost energy for output processing, and continuous infrastructure investment.
Furthermore, the Saudi Vision 2030, which intends to increase mining GDP and employment contributions, as well as recent successes in a number of midstream and midstream projects, are transforming the sector.
Over the forecast period, the aforementioned factors will drive demand for fire suppression systems in Saudi Arabia for mining application. For instance, in June 2022, Zenova PLC, a fire safety and heat management solutions provider based in UK, appointed a sub-distribution partner in Saudi Arabia with the agreement with Ethmaar Investment Company.
Reasons to subscribe to Saudi Arabia 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 Saudi Arabia 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 Saudi Arabia fire suppression system market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia fire suppression system market size, by product, 2018-2030 (US$M)
Saudi Arabia Fire Suppression System Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
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
