Global Vehicle Fire Protection System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Vehicle Fire Protection System Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A Vehicle Fire Suppression System is a fire suppression system installed on any type of vehicle. They are especially prevalent in the mobile heavy equipment segment. These systems are designed to protect mobile equipment from fire damage and related losses. These pre-engineered systems are designed per the parameters of the individual machine. Vehicle systems are broken down into these stages: Detection, Actuation, and Distribution. The vehicle system has become a vital safety feature to several industries and is most commonly used in the mining, forestry, landfill, and mass transit industries.

Market Overview:

The latest research study on the global Vehicle Fire Protection System market finds that the global Vehicle Fire Protection System market reached a value of USD 848.72 million in 2022. It’s expected that the market will achieve USD 1513.41 million by 2028, exhibiting a CAGR of 10.12% during the forecast period.

Region Overview:

North America had the highest growth rate of all regions.

Segmentation Overview:

As for product types, the Fire Suppression segment held the largest market share in 2021.

Fire Detection System

When the smoke in the vehicle passes through the infrared cross section, the detector will detect the reflection, scattering and absorption of the infrared light source and will respond.

Alarm & Warning

A system comprising components and sub-systems is required for automatically detecting a fire and initiating an automatic alarm.

Fire Suppression

When the car engine is on fire, the aerosol in the fire extinguishing device will automatically spread to the entire engine and destroy the flame.

Application Overview:

The market's largest segment by application is the segment Busses, with a market share of 62.44% in 2021.

Key Companies in the global Vehicle Fire Protection System market covered in Chapter 3:

Fogmaker
KOORSEN
United Technologies
Firetrace
Kidde
Dafo Vehicle
Advanced Aircraft Extinguishers
Ansul
Bison Fire Protection Inc.
Siemens
Reliable Fire Equipment Company
AFEX
Ardent
Amerex
Diehl Aerospace
Halma
Meggitt

In Chapter 4 and Chapter 14.2, on the basis of types, the Vehicle Fire Protection System market from 2018 to 2029 is primarily split into:

Fire Detection System
Alarm & Warning
Fire Suppression

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Vehicle Fire Protection System market from 2018 to 2029 covers:

Bus
Industrial Machinery

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)