Global Fire Suppression System Market Growth 2023-2029

Global Fire Suppression System Market Growth 2023-2029

Fire suppression system is used to extinguish or prevent the spread of fire in a building. Suppression system uses a combination of dry chemicals or wet agents to suppress equipment fires.

LPI (LP Information)' newest research report, the “Fire Suppression System Industry Forecast” looks at past sales and reviews total world Fire Suppression System sales in 2022, providing a comprehensive analysis by region and market sector of projected Fire Suppression System sales for 2023 through 2029. With Fire Suppression System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fire Suppression System industry.

This Insight Report provides a comprehensive analysis of the global Fire Suppression System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fire Suppression System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fire Suppression System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fire Suppression System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fire Suppression System.

The global Fire Suppression System market size is projected to grow from US$ 19740 million in 2022 to US$ 27600 million in 2029; it is expected to grow at a CAGR of 27600 from 2023 to 2029.

United States market for Fire Suppression System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Fire Suppression System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Fire Suppression System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Fire Suppression System players cover Johnson Controls, United Technologies, Robert Bosch, Siemens, Halma, Hochiki, Firefly, Honeywell and Minimax Viking, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Fire Suppression System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Fire Detectors
Control Panels
Fire Sprinklers
Fire Suppressors
Others(Nozzles Caps Control Heads and Etc)

Segmentation by application
Residential
Commercial
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson Controls
United Technologies
Robert Bosch
Siemens
Halma
Hochiki
Firefly
Honeywell
Minimax Viking
S&S Fire Suppression Systems
EMS Security Group
Electro Detectors
Napco Security Technologies
Fike
Gentex
Encore Fire Protection
Noha Norway
Sterling Safety Systems
Fireprotec
Fire Suppression Limited

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fire Suppression System market?

What factors are driving Fire Suppression System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fire Suppression System market opportunities vary by end market size?

How does Fire Suppression System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.