Fire Suppression Market size was valued at US$ 20.27 billion in 2023 and is poised to grow at a significant CAGR of 4.8% from 2024-2030. Fire suppression refers to the methods and systems used to control, suppress, or extinguish fires. It involves the use of various techniques, such as water-based systems, fire extinguishers, specialized chemicals, and automated systems to prevent the spread of fires and protect people. The market is witnessing significant growth due to the increasing demand for fire safety across various industries and the implementation of stringent government regulations. The growing awareness regarding fire safety and the increasing number of fire hazards are driving the adoption of fire suppression systems and equipment. The market is also driven by the technological advancement in fire suppression systems such as the development of environment-friendly fire suppression systems. Various end-use industries such as oil & gas, manufacturing, and healthcare are increasingly adopting fire suppression systems to avoid the loss of life and property due to fire hazards. However, the high cost of installation and maintenance of fire suppression systems may restrain market growth. The lack of proper training and awareness among the public regarding the use of fire suppression systems may also hinder market growth.
In addition, the COVID-19 pandemic has also impacted market growth due to supply chain disruptions and the temporary suspension of manufacturing activities. Despite these challenges, the market is expected to grow significantly due to the increasing awareness among policymakers, end-users, and the public regarding the importance of fire safety, coupled with technological advancements in the industry that are expected to reduce the costs of fire suppression systems and increase their accessibility to a wider range of customers.
Study Period
2024-2030Base Year
2023CAGR
4.8%Largest Market
North AmericaFastest Growing Market
North America
The increasing demand for fire safety across various industries and the implementation of stringent government regulations are major drivers of the global fire suppression market. With the growing number of fire hazards across different industries, such as manufacturing, oil & gas, healthcare, and others, the demand for fire suppression systems and equipment is on the rise. Additionally, government regulations have been introduced worldwide aiming to improve fire safety standards across various industries and ensure that public safety is maintained. For instance, in the United States, where the National Fire Protection Association (NFPA) introduced several updates to its codes and standards related to fire suppression.
These include NFPA 13 for the installation of sprinkler systems, NFPA 72 for fire alarm systems, and NFPA 2001 for clean agent fire suppression systems. These codes ensure that buildings comply with the required fire safety measures and have effective fire suppression systems in place. These regulations have led to the adoption of fire suppression systems and equipment by companies and organizations, further supporting the growth of the market. As the importance of fire safety continues to grow, the demand for fire suppression systems and equipment is expected to increase even further in the coming years.
North America held the highest share of 4.8% in 2023 and is expected to grow significantly in the coming years. due to the presence of many end-use industries and the implementation of strict government regulations for fire safety. Additionally, the increasing awareness of fire safety and the need to prevent loss of life and property is driving the demand for fire suppression systems and equipment across various sectors such as manufacturing, healthcare, residential, commercial, and others.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 20.27 billion |
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Market CAGR |
4.8% |
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By Type |
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By End-User |
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By Region |
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The global fire suppression market size was valued at US$ 20.27 billion in 2023 and is poised to grow at a CAGR of 4.8% from 2024-2030.
The Fire Suppression Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The market key players are Tyco International, United Technologies Corporation, Johnson Controls International, Honeywell International, Inc., Siemens AG, S&S Sprinkler Company, Minimax, The Chemours Company, Amerex Corporation, Halma, plc.
| 1.Executive Summary |
| 2.Global Fire Suppression Market Introduction |
| 2.1.Global Fire Suppression Market - Taxonomy |
| 2.2.Global Fire Suppression Market - Definitions |
| 2.2.1.Type |
| 2.2.2.End-User |
| 2.2.3.Region |
| 3.Global Fire Suppression Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Fire Suppression Market Analysis, 2019-2023 and Forecast 2024-2030 |
| 4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Fire Suppression Market By Type, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 5.1. Fire Sprinkler Systems |
| 5.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Fire Extinguishers |
| 5.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Fire Suppression Chemicals |
| 5.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Fire Suppression Systems |
| 5.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6.Global Fire Suppression Market By End-User, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 6.1. Residential |
| 6.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Commercial |
| 6.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Industrial |
| 6.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Oil & Gas |
| 6.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Energy & Power |
| 6.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Transportation |
| 6.6.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7.Global Fire Suppression Market By Region, 2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019-2023 and Forecast, 2024-2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Fire Suppression Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 8.1. Type Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Fire Sprinkler Systems |
| 8.1.2.Fire Extinguishers |
| 8.1.3.Fire Suppression Chemicals |
| 8.1.4.Fire Suppression Systems |
| 8.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Residential |
| 8.2.2.Commercial |
| 8.2.3.Industrial |
| 8.2.4.Oil & Gas |
| 8.2.5.Energy & Power |
| 8.2.6.Transportation |
| 8.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Fire Suppression Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 9.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Fire Sprinkler Systems |
| 9.1.2.Fire Extinguishers |
| 9.1.3.Fire Suppression Chemicals |
| 9.1.4.Fire Suppression Systems |
| 9.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Residential |
| 9.2.2.Commercial |
| 9.2.3.Industrial |
| 9.2.4.Oil & Gas |
| 9.2.5.Energy & Power |
| 9.2.6.Transportation |
| 9.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10.Asia Pacific (APAC) Fire Suppression Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 10.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Fire Sprinkler Systems |
| 10.1.2.Fire Extinguishers |
| 10.1.3.Fire Suppression Chemicals |
| 10.1.4.Fire Suppression Systems |
| 10.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Residential |
| 10.2.2.Commercial |
| 10.2.3.Industrial |
| 10.2.4.Oil & Gas |
| 10.2.5.Energy & Power |
| 10.2.6.Transportation |
| 10.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Fire Suppression Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 11.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Fire Sprinkler Systems |
| 11.1.2.Fire Extinguishers |
| 11.1.3.Fire Suppression Chemicals |
| 11.1.4.Fire Suppression Systems |
| 11.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Residential |
| 11.2.2.Commercial |
| 11.2.3.Industrial |
| 11.2.4.Oil & Gas |
| 11.2.5.Energy & Power |
| 11.2.6.Transportation |
| 11.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Fire Suppression Market ,2019-2023 and Forecast 2024-2030 (Sales Value USD Million) |
| 12.1. Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Fire Sprinkler Systems |
| 12.1.2.Fire Extinguishers |
| 12.1.3.Fire Suppression Chemicals |
| 12.1.4.Fire Suppression Systems |
| 12.2. End-User Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Residential |
| 12.2.2.Commercial |
| 12.2.3.Industrial |
| 12.2.4.Oil & Gas |
| 12.2.5.Energy & Power |
| 12.2.6.Transportation |
| 12.3. Country Analysis 2019-2023 and Forecast 2024-2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Tyco International |
| 13.2.2.United Technologies Corporation |
| 13.2.3.Johnson Controls International |
| 13.2.4.Honeywell International, Inc. |
| 13.2.5.Siemens AG |
| 13.2.6.S&S Sprinkler Company |
| 13.2.7.Minimax |
| 13.2.8.The Chemours Company |
| 13.2.9.Amerex Corporation |
| 13.2.10.Halma, plc. |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
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