Brazil Powder Fire Suppression Systems Market Size & Outlook
Brazil powder fire suppression systems market, 2018-2030 (US$Ms)
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Brazil powder fire suppression systems market highlights
- The Brazil powder fire suppression systems market generated a revenue of USD 93.8 millions in 2023 and is expected to reach USD 124.7 millions by 2030.
- The Brazil market is expected to grow at a CAGR of 4.2% 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 93.8 millions |
| Market revenue in 2030 | USD 124.7 millions |
| Growth rate | 4.2% (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, Brazil accounted for 2.1% 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 Latin America, Brazil powder fire suppression systems market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 66.4 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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Brazil 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 44.03% in 2023. Horizon Databook has segmented the Brazil powder fire suppression systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is a global mining powerhouse and ranks among the world’s top five producers of a variety of essential commodities. Brazil is second in the world in terms of iron ore, manganese, tantalite, and bauxite production and is the leading producer of niobium.
The country’s increasing mineral production is likely to increase market demand for powder fire suppression systems owing to regulations which states that the installation of fire suppression technology is must in the mining industry.
Brazil is one of the world’s top five mineral producers, with over 3,000 mines distributed across its land. As a result, increased mineral mining output is anticipated to drive mining equipment in Brazil. Additionally, the mining sector is rigorous and needs heavy-duty machinery to achieve the strict manufacturing standards.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil powder fire suppression systems market , including forecasts for subscribers. This country databook contains high-level insights into Brazil powder fire suppression systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil powder fire suppression systems market size, by application, 2018-2030 (US$Ms)
Brazil Powder Fire Suppression Systems Market Outlook Share, 2023 & 2030 (US$Ms)
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