Fire Safety Equipment Market Size, Share & Trends Report

Fire Safety Equipment Market Size, Share & Trends Analysis Report By Solution (Detection, Suppression), By Application (Commercial, Industrial, Residential), And Segment Forecasts, 2023 - 2030

Report ID: 978-1-68038-789-6
Number of Report Pages: 120
Format: PDF, Horizon Databook

Historical Range: 2018 - 2021
Forecast Period: 2023 - 2030
Industry: Advanced Materials

Market Segmentation

Fire Safety Equipment Solution Outlook (Revenue, USD Million, 2018 - 2030)
- Detection
  - Detector
  - Alarm
- Suppression
  - Extinguisher
  - Sprinkler
Fire Safety Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Industrial
- Residential
Fire Safety Equipment Region Outlook (Revenue, USD Million, 2018 - 2030)
- North America
  - North America Fire Safety Equipment Market, by Solution
    - Detection
      - Detector
      - Alarm
    - Suppression
      - Extinguisher
      - Sprinkler
  - North America Fire Safety Equipment Market, by Application
    - Commercial
    - Industrial
    - Residential
  - U.S.
    - U.S. Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - U.S. Fire Safety Equipment Market, by Application
      - Commercial
      - Industrial
      - Residential
  - Canada
    - Canada Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Canada Fire Safety Equipment Market, by Application
      - Commercial
      - Industrial
      - Residential
- Europe
  - Europe Fire Safety Equipment Market, by Solution
    - Detection
      - Detector
      - Alarm
    - Suppression
      - Extinguisher
      - Sprinkler
  - Europe Fire Safety Equipment Market, by Application
    - Commercial
    - Industrial
    - Residential
  - UK
    - UK Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - UK Fire Safety Equipment Market, by Application
  - Germany
    - Germany Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Germany Fire Safety Equipment Market, by Application
  - France
    - France Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - France Fire Safety Equipment Market, by Application
  - Italy
    - Italy Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Italy Fire Safety Equipment Market, by Application
  - Spain
    - Spain Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Spain Fire Safety Equipment Market, by Application
- Asia Pacific
  - Asia Pacific Fire Safety Equipment Market, by Solution
    - Detection
      - Detector
      - Alarm
    - Suppression
      - Extinguisher
      - Sprinkler
  - Asia Pacific Fire Safety Equipment Market, by Application
  - China
    - China Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - China Fire Safety Equipment Market, by Application
  - India
    - India Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - India Fire Safety Equipment Market, by Application
  - Japan
    - Japan Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Japan Fire Safety Equipment Market, by Application
  - Australia
    - Australia Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Australia Fire Safety Equipment Market, by Application
  - South Korea
    - South Korea Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - South Korea Fire Safety Equipment Market, by Application
- Latin America
  - Latin America Fire Safety Equipment Market, by Solution
    - Detection
      - Detector
      - Alarm
    - Suppression
      - Extinguisher
      - Sprinkler
  - Latin America Fire Safety Equipment Market, by Application
  - Brazil
    - Brazil Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Brazil Fire Safety Equipment Market, by Application
  - Mexico
    - Mexico Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Mexico Fire Safety Equipment Market, by Application
  - Argentina
    - Argentina Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Argentina Fire Safety Equipment Market, by Application
- MEA
  - MEA Fire Safety Equipment Market, by Solution
    - Detection
      - Detector
      - Alarm
    - Suppression
      - Extinguisher
      - Sprinkler
  - MEA Fire Safety Equipment Market, by Application
  - U.A.E.
    - U.A.E. Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - U.A.E. Fire Safety Equipment Market, by Application
  - Saudi Arabia
    - Saudi Arabia Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - Saudi Arabia Fire Safety Equipment Market, by Application
  - South Africa
    - South Africa Fire Safety Equipment Market, by Solution
      - Detection
        
        Detector
        
        Alarm
      - Suppression
        
        Extinguisher
        
        Sprinkler
    - South Africa Fire Safety Equipment Market, by Application
      - Commercial
      - Industrial
      - Residential

Fire Safety Equipment Market Dynamics

Driver: Rising Safety Concern Amongst End-Use Industries And Stringency Of Fire Protection System Regulations

Fire safety equipment play an important role in safeguarding and alerting residents or occupants in a facility from potential fire hazards. In addition, fire safety equipment helps save from the potential damages fire can inflict on property and life. The increased awareness regarding the vast benefits of fire safety equipment has led to a notable rise in the adoption of a variety of fire safety solutions in residential as well as commercial settings. Initially, the adoption in developing countries was low as compared to developed countries, owing chiefly to monetary constraints and a general lack of awareness among consumers. However, conscious efforts from various systems manufacturers, integrators, and dealers have helped improve the level of awareness by launching numerous fire safety programs. This has paved the path for the market to grow steadily over the past few years. The ubiquity of high-cost advanced electronics systems in commercial and industrial facilities has further increased the need to be equipped with fire safety equipment.

Driver: Increasing Fire Safety Equipment Demand In The Developing Countries

Increasing awareness regarding fire safety, asset management, and security in developing countries such as India and China is also anticipated to drive the market growth. Rapidly growing retail and IT sectors across these countries have significantly encouraged the development of the fire safety equipment market. The increasing number of large refineries, biotechnology ventures, petrochemical complexes, and steel, pharmaceutical, automobile, and oil & gas processing and manufacturing projects is also expected to substantially increase the demand for the installation of fire safety equipment in emerging economies. Infrastructural development activities across the Asia Pacific region owing to the rising demand for new transport and utility infrastructure will drive demand for these equipment’s. Increasing implementation of building safety codes and renovation projects is also expected to be a major factor behind the growth of the market.

Restraint: High Cost Of Implementation Associated With The Deployment Of Advanced Fire Safety Systems

Safeguarding inventory, infrastructure, and human lives from major losses due to fire can be effectively achieved through the implementation of fire safety equipment such as fire alarm & detection system. However, the cost associated with the installation of such advanced fire alarm & detection systems is quite high as they are customdesigned and installed as per specific requirements. For instance, the systems installed in a hospital will vary considerably from the one installed in a kitchen or a data center. With the development of sensor technologies and the consecutive introduction of smart wireless systems, the use of electronic components in fire safety devices has significantly increased. These improved devices have heightened sensitivity and respond quickly to emergency situations. As they are manufactured with high precision and enhanced materials, the cost of these components and systems is high. The high costs may discourage the uptake of these products across a number of cost-conscious industries, organizations, and countries.

What Does This Report Include?

This section will provide insights into the contents included in this fire safety equipment market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Fire safety equipment market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments

Fire safety equipment market quantitative analysis

Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance

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