UK Fire Suppression System Market Size & Outlook
UK fire suppression system market, 2018-2030 (US$M)
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UK fire suppression system market highlights
- The UK fire suppression system market generated a revenue of USD 1,452.8 million in 2023 and is expected to reach USD 2,416.5 million by 2030.
- The UK 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 1,452.8 million |
| Market revenue in 2030 | USD 2,416.5 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, UK accounted for 6.9% 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 Europe, Germany fire suppression system market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,416.5 million by 2030.
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Fire Suppression System Market Scope
Fire Suppression System Market Companies
| Name | Profile | # Employees | HQ | Website |
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UK 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 58.93% in 2023. Horizon Databook has segmented the UK fire suppression system market based on fire extinguishers, sprinklers covering the revenue growth of each sub-segment from 2018 to 2030.
The commercial sector primarily includes the institutional, government, hospitality, healthcare, and telecom and IT industries. The healthcare and retail sectors are offering numerous opportunities for the growth of fire suppression equipment.
The key driver of the market across institutions, government offices, and hospitals is the imposition of strict norms by the government for the installation of this equipment across commercial buildings. Currently, the market is observing a surge in the demand for the usage of advanced fire protection technologies.
The industrial sector witnesses a higher demand for fire sprinklers than the residential segment, further propelling the market. Rising attentiveness about fire safety and increasing number of policies by the UK government including the HSE business plan are anticipated to drive the market.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK fire suppression system market , including forecasts for subscribers. This country databook contains high-level insights into UK fire suppression system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK fire suppression system market size, by product, 2018-2030 (US$M)
UK Fire Suppression System Market Outlook Share, 2023 & 2030 (US$M)
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