Global Fire Protection Systems Market Report and Forecast 2024-2032

Global Fire Protection Systems Market Report and Forecast 2024-2032


Global Fire Protection Systems Market Report and Forecast 2024-2032

Market outlook

According to the report by Expert Market Research (EMR), the fire protection systems market size reached a value of USD 81.01 billion in 2023. Aided by the increasing demand for fire safety measures and the growing applications of fire protection systems in various sectors, the market is projected to further grow at a CAGR of 6.9% between 2024 and 2032 to reach a value of USD 147.44 billion by 2032.

Fire protection systems are crucial for detecting, controlling, and extinguishing fires in residential, commercial, and industrial settings. These systems encompass a wide range of equipment and solutions, including fire detectors, fire alarms, sprinkler systems, fire suppression systems, and emergency lighting. They play a vital role in safeguarding lives and property by providing early warning and facilitating prompt response to fire incidents.

The increasing emphasis on fire safety regulations and standards is driving the fire protection systems market growth. Governments and regulatory bodies worldwide are implementing stringent fire safety codes and standards to ensure the safety of buildings and their occupants. Compliance with these regulations necessitates the installation of fire protection systems, thereby driving market growth.

Additionally, the rising awareness of the importance of fire safety and the growing trend of risk management in sectors are major factors contributing to the growth of the market. Businesses are increasingly investing in advanced fire protection solutions to mitigate fire risks, protect assets, and ensure the safety of employees. This trend is driven by the need to comply with regulatory requirements, reduce insurance premiums, and enhance business continuity.

The expanding applications of fire protection systems in various sector also play a significant role in propelling the market. In the commercial sector, fire protection systems are essential for safeguarding office buildings, retail stores, hotels, and hospitals. In the industrial sector, these systems are used to protect manufacturing facilities, warehouses, and chemical plants. The residential sector also represents a significant market segment, driven by the increasing adoption of fire alarms, smoke detectors, and sprinkler systems in homes and apartments, consequently driving up the fire protection systems market share.

Technological advancements play a crucial role in the growth of the market. The development of smart fire protection systems with integrated features, such as IoT connectivity, real-time monitoring, and remote access, is enhancing the efficiency and effectiveness of fire protection solutions. These technologies enable organizations to monitor fire safety systems in real-time, receive instant alerts, and respond promptly to fire incidents, thereby improving overall fire safety.

Moreover, the use of advanced detection technologies, such as infrared and ultraviolet sensors, is driving market growth. These sensors offer improved accuracy and sensitivity in detecting fire and smoke, reducing the likelihood of false alarms, and ensuring timely response. The integration of artificial intelligence (AI) and machine learning (ML) in fire protection systems is also enhancing their predictive capabilities, enabling proactive fire prevention and risk management.

As per the fire protection systems market analysis, the adoption of wireless fire detection systems is gaining traction in the market. Wireless fire detection systems offer several advantages over traditional wired systems, including easier installation, lower maintenance costs, and enhanced flexibility. These systems are particularly beneficial in retrofitting existing buildings where installing new wiring can be challenging and expensive. The growing demand for wireless fire detection solutions is driven by the need for scalable and flexible fire protection systems that can be easily upgraded and expanded.

Market Segmentation

The market can be divided based on type, product, service, application, and region

Market Breakup by Type
  • Active Fire Protection Systems
  • Passive Fire Protection Systems
Market Breakup by Product
  • Fire Detection
  • Fire Suppression
  • Fire Response
  • Fire Analysis
  • Fire Sprinkler System
Market Breakup by Service
  • Managed Service
  • Installation and Design Service
  • Maintenance Service
  • Others
Market Breakup by Application
  • Commercial
  • Industrial
  • Residential
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global fire protection systems market. some of the major players explored in the report by expert market research are as follows:
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • RTX Corporation
  • Siemens AG
  • Robert Bosch GmbH
  • Eaton Corporation plc
  • Halma plc
  • HOCHIKI Corporation
  • Gentex Corporation
  • Amerex Corporation
  • Victaulic Company
  • Others
About us

Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.

Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.

Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our expert market research reports today.

*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Fire Protection Systems Market Analysis
8.1 Key Industry Highlights
8.2 Global Fire Protection Systems Historical Market (2018-2023)
8.3 Global Fire Protection Systems Market Forecast (2024-2032)
8.4 Global Fire Protection Systems Market by Type
8.4.1 Active Fire Protection Systems
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Passive Fire Protection Systems
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Fire Protection Systems Market by Product
8.5.1 Fire Detection
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Fire Suppression
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Fire Response
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Fire Analysis
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Fire Sprinkler System
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.6 Global Fire Protection Systems Market by Service
8.6.1 Managed Service
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Installation and Design Service
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Maintenance Service
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Fire Protection Systems Market by Application
8.7.1 Commercial
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Industrial
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Residential
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Fire Protection Systems Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Fire Protection Systems Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Fire Protection Systems Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Fire Protection Systems Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Fire Protection Systems Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Fire Protection Systems Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Code – 842410, 853110)
15.1 Major Exporting Countries
15.1.1 By Value
15.1.2 By Volume
15.2 Major Importing Countries
15.2.1 By Value
15.2.2 By Volume
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Honeywell International Inc.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Johnson Controls International plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 RTX Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Siemens AG
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Robert Bosch GmbH
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Eaton Corporation plc
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Halma plc
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 HOCHIKI Corporation
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Gentex Corporation
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Amerex Corporation
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Victaulic Company
16.2.11.1 Company Overview
16.2.11.2 Product Portfolio
16.2.11.3 Demographic Reach and Achievements
16.2.11.4 Certifications
16.2.12 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fire Protection Systems Market: Key Industry Highlights, 2018 and 2032
2. Global Fire Protection Systems Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Fire Protection Systems Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Fire Protection Systems Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Global Fire Protection Systems Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Global Fire Protection Systems Historical Market: Breakup by Service (USD Billion), 2018-2023
7. Global Fire Protection Systems Market Forecast: Breakup by Service (USD Billion), 2024-2032
8. Global Fire Protection Systems Historical Market: Breakup by Application (USD Billion), 2018-2023
9. Global Fire Protection Systems Market Forecast: Breakup by Application (USD Billion), 2024-2032
10. Global Fire Protection Systems Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Fire Protection Systems Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Fire Protection Systems Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Fire Protection Systems Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Major Exporting Countries by Value
23. Major Importing Countries by Value
24. Major Exporting Countries by Volume
25. Major Importing Countries by Volume
26. Global Fire Protection Systems Market Structure

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings