South Africa Fire Suppression System Market Size & Outlook

The fire suppression system market in South Africa is expected to reach a projected revenue of US$ 597.5 million by 2030. A compound annual growth rate of 7% is expected of South Africa fire suppression system market from 2024 to 2030.
Revenue, 2023 (US$M)
$372.6
Forecast, 2030 (US$M)
$597.5
CAGR, 2024 - 2030
7%
Report Coverage
South Africa

South Africa fire suppression system market highlights

  • The South Africa fire suppression system market generated a revenue of USD 372.6 million in 2023 and is expected to reach USD 597.5 million by 2030.
  • The South Africa market is expected to grow at a CAGR of 7% 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 2023USD 372.6 million
Market revenue in 2030USD 597.5 million
Growth rate7% (CAGR from 2023 to 2030)
Largest segmentSprinklers
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, South Africa accounted for 1.8% 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.

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Fire Suppression System Market Companies

Name Profile # Employees HQ Website

South Africa 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 68.68% in 2023. Horizon Databook has segmented the South Africa fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.


South Africa is a lucrative market for mining equipment manufacturers where mining dominates social, economic, and political environment. The country is mostly known for producing gold, platinum, diamonds, and coal, as well as hosting chromium, titanium, vanadium, and other minor minerals. 

Furthermore, increasing industrialization and growing urban population in South Africa are driving the demand for natural resources such as oil and minerals which is driving the demand for the mining equipment market, which will further drive the demand for fire suppression systems in mining industry. 

According to industry estimates, mining fires continue to plague the industry, accounting for 27% of all losses. The risk of fire is always present when equipment continues to run at high temperatures and harsh circumstances. 

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Target buyers of South Africa 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa fire suppression system market , including forecasts for subscribers. This country databook contains high-level insights into South Africa fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

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

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

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