Leading Fire Suppression System End Use Markets Databank
The Fire Suppression System market was valued at $16,230.0 Million in 2020, and is projected to reach $31,008.1 Million by 2029 growing at a CAGR of 7.51% from 2021 to 2029. Commercial segment is expected to be the highest contributor to this market, with $9,892.1 Million in 2020, and is anticipated to reach $18,904.7 Million by 2029, registering a CAGR of 7.51%. Commercial and Residential segments are expected to witness significant growth rates at a CAGR of 7.51% and 7.50% respectively, during the forecast period.
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