UK Powder Fire Suppression Systems Market Size & Outlook
UK powder fire suppression systems market, 2018-2030 (US$Ms)
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UK powder fire suppression systems market highlights
- The UK powder fire suppression systems market generated a revenue of USD 268.3 millions in 2023 and is expected to reach USD 380.6 millions by 2030.
- The UK market is expected to grow at a CAGR of 5.1% 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 268.3 millions |
| Market revenue in 2030 | USD 380.6 millions |
| Growth rate | 5.1% (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, UK accounted for 6.0% 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 Europe, Germany powder fire suppression systems 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 380.6 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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UK 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 44.09% in 2023. Horizon Databook has segmented the UK powder fire suppression systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for powder fire suppression systems used in offices, schools, hotels, restaurants, cafes, museums, sports arenas, shopping malls, and hospitals is fueled by the imposition of stringent regulations by the Government of the UK that mandate the installation of these systems in commercial buildings.
Additionally, as there are a number of commercial infrastructure development projects underway in the country, including High Speed 2 (HS2), Hinkley Point C, Crossrail, and Battersea power station redevelopment, it surges the adoption of advanced fire protection technologies in the UK.
Furthermore, rising awareness about fire safety and rising policies related to the development of businesses by the Government of the UK, including the HSE Plan (Health, Safety and Environment), are anticipated to drive the growth of powder fire suppression systems market in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK powder fire suppression systems market , including forecasts for subscribers. This country databook contains high-level insights into UK powder fire suppression systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK powder fire suppression systems market size, by application, 2018-2030 (US$Ms)
UK Powder Fire Suppression Systems Market Outlook Share, 2023 & 2030 (US$Ms)
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