Market revenue in 2023 | USD 55.2 millions |
Market revenue in 2030 | USD 73.9 millions |
Growth rate | 4.3% (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 |
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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 45.65% in 2023. Horizon Databook has segmented the Italy powder fire suppression systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
Protracted supply constraints and sharply rising energy prices in Italy darken the near-term outlook. In the near future, diminishing purchasing power of consumers in Italy are projected to impact the real GDP growth of Italy, especially in the consumer services sector.
Italy stands 2nd in terms of domestic airline seat capacity in Western Europe after Spain. When compared to other major European countries, domestic market in Spain has witnessed significant growth over the previous five years. In Italy, the aerospace & defense industry is highly advanced.
Various standards and norms enforced by different national and international regulatory organizations also had a significant impact on the growth of powder fire suppression systems market.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy powder fire suppression systems market , including forecasts for subscribers. This country databook contains high-level insights into Italy powder fire suppression systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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