Australia Powder Fire Suppression Systems Market Size & Outlook
Australia powder fire suppression systems market, 2018-2030 (US$Ms)
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Australia powder fire suppression systems market highlights
- The Australia powder fire suppression systems market generated a revenue of USD 55.1 millions in 2023 and is expected to reach USD 77.6 millions by 2030.
- The Australia market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2023.
- Residential is the most lucrative application segment registering the fastest growth during the forecast period.
Powder fire suppression systems market data book summary
| Market revenue in 2023 | USD 55.1 millions |
| Market revenue in 2030 | USD 77.6 millions |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Residential |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD millions |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | Johnson Controls International PLC, Carrier Global Corp Ordinary Shares, Reliable Fire Equipment, Koorsen fire & security, Gielle Industries, Afex, American Fire Technologies, Stat-X, Buckeye Fire Equipment Company, Amerex Corporation, Siex 2001, Hochiki Corp ADR, NAFFCO Group, Halma PLC |
Other key industry trends
- In terms of revenue, Australia accounted for 1.2% of the global powder fire suppression systems market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China powder fire suppression systems 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 207.7 millions by 2030.
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Powder Fire Suppression Systems Market Scope
Powder Fire Suppression Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia 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 43.56% in 2023. Horizon Databook has segmented the Australia powder fire suppression systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The potential use of powder fire suppression systems in automotive production plants is to ensure that the safety of the workforce. These aforementioned factors are expected to drive the demand for powder fire suppression systems in the coming years.
Australia ranks in the top four producers of black coal, antimony, tin, lithium, manganese ore, and vanadium. The mining boom of the last decade has led to the development of an Australian Mining Equipment, Technology, and Services (METS) sector that operates both in Australia and worldwide.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia powder fire suppression systems market , including forecasts for subscribers. This country databook contains high-level insights into Australia powder fire suppression systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia powder fire suppression systems market size, by application, 2018-2030 (US$Ms)
Australia Powder Fire Suppression Systems Market Outlook Share, 2023 & 2030 (US$Ms)
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