Global Inert Gas Fire Suppression Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Inert Gas Fire Suppression Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Inert gas suppression systems use argon and nitrogen gases and their mixtures as an extinguishing agent and are based on the principle of reducing the oxygen concentration inside the protected hazard. The oxygen concentration is minimized by the application of inert gas until it reaches a level where combustion is no longer supported. Each system is designed so as to decrease oxygen to a specific level. When discharged, inert gas is quickly and uniformly distributed within the enclosure, achieving design concentration in 60 seconds.

Market Overview:

The latest research study on the global Inert Gas Fire Suppression Systems market finds that the global Inert Gas Fire Suppression Systems market reached a value of USD 252.04 million in 2022. It’s expected that the market will achieve USD 338.09 million by 2028, exhibiting a CAGR of 5.02% during the forecast period.

Market Challenges and Impact

High initial investments are required for the implementation of inert gas fire suppression systems. This is due to the complexity of networks and the need to develop sophisticated tools to counter a fire situation. Due to this, vendors need to upgrade their solutions and develop new technologies regularly. Companies are spending a large amount of money on developing these advanced technologies, thereby increasing the cost of procurement for enterprises and government agencies to provide complete fire protection to infrastructure.
The presence of potent alternative products such as automated sprinkler systems and hydrant systems, etc can negatively impact the growth of the inert gas fire suppression systems market in the coming years. Fire Hydrants, or hydrant outlets, are installed within the building to enable firefighters to connect their hoses to a water supply to fight fires. Automatic sprinkler systems are considered to be the most effective and economical way to apply water from fixed systems. It is designed to act upon a fire at a pre-determined temperature by means of a water spray. It could extinguish the fire or control its spread. The extinguishing mechanism of sprinkler water spray includes combustible materials to prevent further fire spread and displacement of combustible vapour and oxygen steam. Fire hydrants may be of the dry type which are empty in normal situations, but are charged with water supplied through fire brigade’s pumping appliance to the inlet at ground level in the building perimeter during emergency. Alternatively, they may be kept full of water and supplied from tanks and pumps in the building. Normally, the wet fire hydrants are also coupled with fire service inlets. These are located at the perimeter of the building to enable water from the external source to be fed into the building via the fire brigade’s pumping alliance.

Region Overview:

From 2023-2028, Americas is estimated to witness robust growth prospects.

Company Overview:

Nippon Dry-Chemical is one of the major players operating in the Inert Gas Fire Suppression Systems market, holding a share of 16.53% in 2022.

Nippon Dry-Chemical established in Hamamatsu-cho, Minato-ku, Tokyo, with main business activities of manufacturing and sales of dry-chemical fire extinguishers, dry-chemical fire protection system and automatic fire alarm systems. Since then, the company has expanded into such areas as fire extinguishing equipment, fire engines, security systems, etc., carving out a solid position in Japan's fire protection field.

For more than 110 years, Minimax has been one of the leading names in the field of fire protection. Headquartered in Bad Oldesloe, Germany, the group has several research, development and manufacturing facilities. Whether it is an automobile factory, a power plant, a logistics center, an office and administration building, a data center or a ship, whenever there is a threat of fire, Minimax provides tailor-made solutions. Comprehensive post-installation services complete offering.

Segmentation Overview:

Among different product types, IG-541 segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Inert Gas Fire Suppression Systems market covered in Chapter 3:

Ceasefire
Gielle
Nippon Dry-Chemical
inControl Systems
Kidde-Fenwal, Inc
ROTAREX FIRETEC
PLISZKA
NAFFCO FZCO
HD Fire Protect Pvt
WAGNER UK Ltd.
EUROGARDIAN srl
Fike Corporation
Minimax Viking Group

In Chapter 4 and Chapter 14.2, on the basis of types, the Inert Gas Fire Suppression Systems market from 2018 to 2029 is primarily split into:

IG01
IG100
IG-541
IG55

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Inert Gas Fire Suppression Systems market from 2018 to 2029 covers:

Industrial
Commercial
Residential

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)