Global Rack Fire Suppression System Market Growth 2024-2030

Global Rack Fire Suppression System Market Growth 2024-2030

The Rack Fire Suppression System is designed to be installed into server racks and server cabinets to provide fast and effective fire detection and suppression and reduce fire threats to business continuity.

The global Rack Fire Suppression System market size is projected to grow from US$ 601.6 million in 2023 to US$ 887.2 million in 2030; it is expected to grow at a CAGR of 5.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Rack Fire Suppression System Industry Forecast” looks at past sales and reviews total world Rack Fire Suppression System sales in 2023, providing a comprehensive analysis by region and market sector of projected Rack Fire Suppression System sales for 2024 through 2030. With Rack 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 Rack Fire Suppression System industry.

This Insight Report provides a comprehensive analysis of the global Rack 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 Rack 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 Rack Fire Suppression System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Rack 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 Rack Fire Suppression System.

Data centers are one of the major drivers of this industry. Global data center market revenue is expected to reach $342.1 billion in 2023, up from $321.37 billion in 2022. As of 2022, there will be approximately 8,000 data centers worldwide. There are 2,701 data centers in the United States. The country with the second largest number of data centers is Germany with 487 data centers, followed by the United Kingdom (456), China (443) and Canada (328).

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

Segmentation by type
Gas-based Fire Suppression System
Water-based Fire Suppression System
Other

Segmentation by application
Server Room
Data Center
Other

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.
CONTEG
Firetrace Ltd
Halma
Honeywell
Johnson Controls
Redetec
Siemens
Tyco
Viking Group Inc.

Key Questions Addressed in this Report

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

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

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

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

How does Rack Fire Suppression System break out type, application?

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