Global Powder Fire Suppression Systems Market Size & Outlook
Global powder fire suppression systems market, 2018-2030 (US$Ms)
Related Markets
Global powder fire suppression systems market highlights
- The global powder fire suppression systems market generated a revenue of USD 4,490.4 millions in 2023 and is expected to reach USD 6,170.4 millions by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, industrial accounted for a revenue of USD 2,010.7 millions in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 4,490.4 millions |
| Market revenue in 2030 | USD 6,170.4 millions |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Residential |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Residential, Commercial, Industrial |
Other key industry trends
- In terms of revenue, the North America accounted for 45.6% of the global powder fire suppression systems market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 391.1 millions by 2030.
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Powder Fire Suppression Systems Market Scope
Powder Fire Suppression Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global powder fire suppression systems 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 powder fire suppression systems market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 44.78% in 2023. Horizon Databook has segmented the Global powder fire suppression systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Powder Fire Suppression Systems Application Outlook (Revenue, USD Millions, 2018-2030)
- Residential
- Commercial
- Industrial
- Automotive
- Paint Booths
- Flammable Liquids Storage
- Others
- Chemical
- Oil & Gas
- Power Generation
- Aviation
- Mining
- Others
- Automotive
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Target buyers of Global powder fire suppression systems market databook
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Our clientele includes a mix of powder fire suppression systems market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global powder fire suppression systems market , including forecasts for subscribers. This global databook contains high-level insights into Global powder fire suppression systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global powder fire suppression systems market size, by regions, 2018-2030 (US$Ms)
Top 10 countries: Powder fire suppression systems market size, 2023 (US$Ms)
Global powder fire suppression systems market share, by application, 2023 & 2030 (%, US$Ms)
Powder fire suppression systems market: Opportunity assessment by country
Global powder fire suppression systems market, by region, 2023 (US$Ms)
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