Fire Protection System Market Overview
The global Fire Protection System market is expected to grow at a significant rate over the stated period. The expanding trend of using water mist systems, as well as the increased use of the Internet of Things and Big Data, can be contributed to this market's significant growth.
The rapid rate of modernization and technical advancements in the construction sector is expected to boost the overall development of the fire protection systems market in the coming years. The overall expansion of the market is expected to be ensured in the coming years by a large increase in the number of deaths and growing incidents of property loss due to fire outbreaks. Furthermore, tight government rules and regulations, as well as rapid advancements in wireless technologies for fire detection systems, are expected to assist the overall market's growth in the coming years.
The global market for fire protection systems is expected to experience several obstacles, which could lead to a slowdown in growth in the near future. The high cost of maintenance and installation of fire prevention systems is expected to limit market growth in the next few years. Furthermore, the unexpected failure of fire alarm systems is projected to stifle the overall market's growth in the approaching years.
Report Metric |
Details |
Market size available for years |
2023–2030 |
Base year considered |
2023 |
Forecast period |
2024–2030 |
Forecast unit |
Value (USD Million) |
Segments covered |
Product, Service, Vertical, and Region |
Regions covered |
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
Companies covered |
Fire Protection Engineering A/S, 3M, Fike Corporation, Consilium AB Publ., Gielle Srl, Emerson Electric Co., Danfoss Semco A/S, Johnson Controls plc, Drägerwerk AG & Co. KGaA, KEVTA Fire Systems, Inc., Blaze Manufacturing Solutions Ltd., Deluge Offshore & Marine Pte Ltd., Honeywell International, Inc. |
Covid-19 Impact on Fire Protection System Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Fire Protection System Market Segment Overview
According to Vertical, Oil, Gas, and Mining is one of the largest segments in the global Fire protection system market. Petroleum, crude oil, flammable gases (such as butane), and coal are all part of the oil, gas, and mining sector. Because these materials are flammable, advanced fire prevention systems are used in this vertical to prevent fires. To avoid mishaps, highly effective fire detection and prevention systems are essential in this industry. In the mining industry, clean agent fire suppression systems, dry chemical fire suppression systems, and water and foam sprinklers are all used. In the oil and gas industry, gas-based suppression systems (CO2, FM200, Novec, and Inert) and sprinkler systems are employed.
Fire Protection System Market, By Product
· Fire Suppression
· Fire Response
· Fire Sprinkler System
· Fire Analysis
· Fire Detection
Fire Protection System Market, By Service
· Maintenance Services
· Managed Services
· Engineering Services
· Installation and Design Services
· Other Services
Fire Protection System Market, By Vertical
- Commercial
- Academia and Institutional
- Retail
- Healthcare
- Hospitality
- Banking, Financial Services, and Insurance (BFSI)
- Oil, Gas, and Mining
- Manufacturing
- Transportation & Logistics
- Energy & Power
- Residential
- Government
- Others (Telecom and IT, Public Utilities, and Media and Entertainment)
Fire Protection System Regional Overview
In terms of region, North America commanded a major share of the fire protection systems market and is predictable to maintain its supremacy over the forecast period. The rapidly increasing investments in the oil and gas industry, as well as expanding demand from Canada and the United States, are expected to sustain the region's development in the near future. Because of the increasing number of exploratory operations, the Asia Pacific market for fire prevention systems is expected to rise at a healthy rate in the next years.
Fire Protection System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Fire Protection System Market, Key Players
· Fire Protection Engineering A/S
· 3M
· Fike Corporation
· Consilium AB Publ.
· Gielle Srl
· Emerson Electric Co.
· Danfoss Semco A/S
· Johnson Controls plc
· Drägerwerk AG & Co. KGaA
· KEVTA Fire Systems, Inc.
· Blaze Manufacturing Solutions Ltd.
· Deluge Offshore & Marine Pte Ltd.
· Honeywell International, Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Fire Protection System market?
The rapid rate of modernization and technical advancements in the construction sector is expected to boost the overall development of the fire protection systems market in the coming years.
Q2. What are the restraining factors for the Fire Protection System market?
The high cost of maintenance and installation of fire prevention systems is expected to limit market growth in the next few years.
Q3. Which segment is projected to hold the largest share in the Fire Protection System Market?
Oil, Gas, and Mining segment is projected to hold the largest share in the Fire Protection System Market.
Q4. Which region holds the largest share in the Fire Protection System market?
North America held the largest share in the global Fire Protection System market
Q5. Which are the prominent players in the Fire Protection System Market?
Fire Protection Engineering A/S, 3M, Fike Corporation, Consilium AB Publ., Gielle Srl, Emerson Electric Co., Danfoss Semco A/S, Johnson Controls plc, Drägerwerk AG & Co. KGaA, KEVTA Fire Systems, Inc., Blaze Manufacturing Solutions Ltd., Deluge Offshore & Marine Pte Ltd., Honeywell International, Inc. are some key players in the Fire Protection System Market.
List of Figures
Figure 1: Global Fire Protection System Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Fire Protection System Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Fire Protection System Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Fire Protection System Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Fire Protection System Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Fire Protection System Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Fire Protection System Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Fire Protection System Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Fire Protection System Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Fire Protection System Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Fire Protection System Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Fire Protection System Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Fire Protection System Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Fire Protection System Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Fire Protection System Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Fire Protection System Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Fire Protection System Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Fire Protection System Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Fire Protection System Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Fire Protection System Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Fire Protection System Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Fire Protection System Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Fire Protection System Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Fire Protection System Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Fire Protection System Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Fire Protection System Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Fire Protection System Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Fire Protection System Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model