Global Fire Suppression Market Size study, By Product (Fire Detectors and Control Panels, Fire Sprinklers, Nozzles, Caps, and Control Heads, Fire Suppressors), By Suppression Reagent (Chemical, Gaseous, Water, Foam), By Sector (Residential, Commercial, Industrial, and Regional Forecasts 2021-2027
- Category: Business & Services
- Published Date: Mar 2022
- Publisher: Bizwit Research
- Pages: 200
Global Fire Suppression Market is valued approximately USD 25.07 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.87% over the forecast period 2021-2027.
A fire suppression system is highly penetrated in infrastructures for evading or preventing the spread of fireside through a specific area by using a mixture of dry chemicals or wet agents. The common types of fire suppression are CO2, wet chemical fire suppression, dry chemical suppression, and FM 200 fire suppression. The fire suppression systems include fire detection alarm systems and other systems. The emergence of innovative products and technological advancements, along with increasing incidences of fire breakouts is leading to the high chances for the loss of human lives and property damages are the factors that are augmenting the market growth globally. For instance, in December 2017, Autocall- a brand of fire detection systems with influential networking capabilities in PC-based graphical command centers was introduced by Johnson Controls. However, high installation and maintenance costs of fire suppression systems impede the growth of the market over the forecast period of 2021-2027. Also, improvement in human-machine interface (HMI) solutions, and modifications in rules and mandatory standards are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Fire Suppression market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the execution of the stringent rules and regulations for deploying fire suppression systems in infrastructures. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the increasing responsiveness for fire safety among end consumers and the increasing number of construction activities majorly across the emerging economies, like China and India would create lucrative growth prospects for the Fire Suppression market across the Asia-Pacific region.
Major market player included in this report are:
United Technologies
Siemens
S&S Fire Suppression Systems
Firefly
Johnson Controls
Robert Bosch
Honeywell
Halma
Minimax Viking
Hochiki
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Fire Detectors and Control Panels
Fire Sprinklers, Nozzles, Caps, and Control Heads
Fire Suppressors
By Suppression Reagent
Chemical
Gaseous
Water
Foam
By Sector
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Fire Suppression Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
A fire suppression system is highly penetrated in infrastructures for evading or preventing the spread of fireside through a specific area by using a mixture of dry chemicals or wet agents. The common types of fire suppression are CO2, wet chemical fire suppression, dry chemical suppression, and FM 200 fire suppression. The fire suppression systems include fire detection alarm systems and other systems. The emergence of innovative products and technological advancements, along with increasing incidences of fire breakouts is leading to the high chances for the loss of human lives and property damages are the factors that are augmenting the market growth globally. For instance, in December 2017, Autocall- a brand of fire detection systems with influential networking capabilities in PC-based graphical command centers was introduced by Johnson Controls. However, high installation and maintenance costs of fire suppression systems impede the growth of the market over the forecast period of 2021-2027. Also, improvement in human-machine interface (HMI) solutions, and modifications in rules and mandatory standards are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Fire Suppression market study includes Asia Pacific, North America, Europe, Latin America and the Rest of the World. North America is the leading region across the world in terms of market share owing to the execution of the stringent rules and regulations for deploying fire suppression systems in infrastructures. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2021-2027. Factors such as the increasing responsiveness for fire safety among end consumers and the increasing number of construction activities majorly across the emerging economies, like China and India would create lucrative growth prospects for the Fire Suppression market across the Asia-Pacific region.
Major market player included in this report are:
United Technologies
Siemens
S&S Fire Suppression Systems
Firefly
Johnson Controls
Robert Bosch
Honeywell
Halma
Minimax Viking
Hochiki
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Fire Detectors and Control Panels
Fire Sprinklers, Nozzles, Caps, and Control Heads
Fire Suppressors
By Suppression Reagent
Chemical
Gaseous
Water
Foam
By Sector
Residential
Commercial
Industrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Fire Suppression Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Fire Suppression Market, by Region, 2019-2027 (USD Billion)
1.2.2. Fire Suppression Market, by Product, 2019-2027 (USD Billion)
1.2.3. Fire Suppression Market, by Suppression Reagent, 2019-2027 (USD Billion)
1.2.4. Fire Suppression Market, by Sector, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fire Suppression Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fire Suppression Market Dynamics
3.1. Fire Suppression Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising incidences of loss of human life and property damage due to fire breakouts
3.1.1.2. Technological developments and innovations in the construction industry
3.1.2. Market Challenges
3.1.2.1. High installation and maintenance costs of fire suppression systems
3.1.3. Market Opportunities
3.1.3.1. Developments in human-machine interface (HMI) solutions
Chapter 4. Global Fire Suppression Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Fire Suppression Market, by Product
6.1. Market Snapshot
6.2. Global Fire Suppression Market by Product, Performance - Potential Analysis
6.3. Global Fire Suppression Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
6.4. Fire Suppression Market, Sub Segment Analysis
6.4.1. Fire Detectors and Control Panels
6.4.2. Fire Sprinklers, Nozzles, Caps, and Control Heads
6.4.3. Fire Suppressors
Chapter 7. Global Fire Suppression Market, by Suppression Reagent
7.1. Market Snapshot
7.2. Global Fire Suppression Market by Suppression Reagent, Performance - Potential Analysis
7.3. Global Fire Suppression Market Estimates & Forecasts by Suppression Reagent 2018-2027 (USD Billion)
7.4. Fire Suppression Market, Sub Segment Analysis
7.4.1. Chemical
7.4.2. Gaseous
7.4.3. Water
7.4.4. Foam
Chapter 8. Global Fire Suppression Market, by Sector
8.1. Market Snapshot
8.2. Global Fire Suppression Market by Sector, Performance - Potential Analysis
8.3. Global Fire Suppression Market Estimates & Forecasts by Sector 2018-2027 (USD Billion)
8.4. Fire Suppression Market, Sub Segment Analysis
8.4.1. Residential
8.4.2. Commercial
8.4.3. Industrial
Chapter 9. Global Fire Suppression Market, Regional Analysis
9.1. Fire Suppression Market, Regional Market Snapshot
9.2. North America Fire Suppression Market
9.2.1. U.S. Fire Suppression Market
9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
9.2.1.2. Suppression Reagent breakdown estimates & forecasts, 2018-2027
9.2.1.3. Sector breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Fire Suppression Market
9.3. Europe Fire Suppression Market Snapshot
9.3.1. U.K. Fire Suppression Market
9.3.2. Germany Fire Suppression Market
9.3.3. France Fire Suppression Market
9.3.4. Spain Fire Suppression Market
9.3.5. Italy Fire Suppression Market
9.3.6. Rest of Europe Fire Suppression Market
9.4. Asia-Pacific Fire Suppression Market Snapshot
9.4.1. China Fire Suppression Market
9.4.2. India Fire Suppression Market
9.4.3. Japan Fire Suppression Market
9.4.4. Australia Fire Suppression Market
9.4.5. South Korea Fire Suppression Market
9.4.6. Rest of Asia Pacific Fire Suppression Market
9.5. Latin America Fire Suppression Market Snapshot
9.5.1. Brazil Fire Suppression Market
9.5.2. Mexico Fire Suppression Market
9.6. Rest of The World Fire Suppression Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. United Technologies
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Siemens
10.2.3. S&S Fire Suppression Systems
10.2.4. Firefly
10.2.5. Johnson Controls
10.2.6. Robert Bosch
10.2.7. Honeywell
10.2.8. Halma
10.2.9. Minimax Viking
10.2.10. Hochiki
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Fire Suppression Market, by Region, 2019-2027 (USD Billion)
1.2.2. Fire Suppression Market, by Product, 2019-2027 (USD Billion)
1.2.3. Fire Suppression Market, by Suppression Reagent, 2019-2027 (USD Billion)
1.2.4. Fire Suppression Market, by Sector, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fire Suppression Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fire Suppression Market Dynamics
3.1. Fire Suppression Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Rising incidences of loss of human life and property damage due to fire breakouts
3.1.1.2. Technological developments and innovations in the construction industry
3.1.2. Market Challenges
3.1.2.1. High installation and maintenance costs of fire suppression systems
3.1.3. Market Opportunities
3.1.3.1. Developments in human-machine interface (HMI) solutions
Chapter 4. Global Fire Suppression Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Fire Suppression Market, by Product
6.1. Market Snapshot
6.2. Global Fire Suppression Market by Product, Performance - Potential Analysis
6.3. Global Fire Suppression Market Estimates & Forecasts by Product 2018-2027 (USD Billion)
6.4. Fire Suppression Market, Sub Segment Analysis
6.4.1. Fire Detectors and Control Panels
6.4.2. Fire Sprinklers, Nozzles, Caps, and Control Heads
6.4.3. Fire Suppressors
Chapter 7. Global Fire Suppression Market, by Suppression Reagent
7.1. Market Snapshot
7.2. Global Fire Suppression Market by Suppression Reagent, Performance - Potential Analysis
7.3. Global Fire Suppression Market Estimates & Forecasts by Suppression Reagent 2018-2027 (USD Billion)
7.4. Fire Suppression Market, Sub Segment Analysis
7.4.1. Chemical
7.4.2. Gaseous
7.4.3. Water
7.4.4. Foam
Chapter 8. Global Fire Suppression Market, by Sector
8.1. Market Snapshot
8.2. Global Fire Suppression Market by Sector, Performance - Potential Analysis
8.3. Global Fire Suppression Market Estimates & Forecasts by Sector 2018-2027 (USD Billion)
8.4. Fire Suppression Market, Sub Segment Analysis
8.4.1. Residential
8.4.2. Commercial
8.4.3. Industrial
Chapter 9. Global Fire Suppression Market, Regional Analysis
9.1. Fire Suppression Market, Regional Market Snapshot
9.2. North America Fire Suppression Market
9.2.1. U.S. Fire Suppression Market
9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
9.2.1.2. Suppression Reagent breakdown estimates & forecasts, 2018-2027
9.2.1.3. Sector breakdown estimates & forecasts, 2018-2027
9.2.2. Canada Fire Suppression Market
9.3. Europe Fire Suppression Market Snapshot
9.3.1. U.K. Fire Suppression Market
9.3.2. Germany Fire Suppression Market
9.3.3. France Fire Suppression Market
9.3.4. Spain Fire Suppression Market
9.3.5. Italy Fire Suppression Market
9.3.6. Rest of Europe Fire Suppression Market
9.4. Asia-Pacific Fire Suppression Market Snapshot
9.4.1. China Fire Suppression Market
9.4.2. India Fire Suppression Market
9.4.3. Japan Fire Suppression Market
9.4.4. Australia Fire Suppression Market
9.4.5. South Korea Fire Suppression Market
9.4.6. Rest of Asia Pacific Fire Suppression Market
9.5. Latin America Fire Suppression Market Snapshot
9.5.1. Brazil Fire Suppression Market
9.5.2. Mexico Fire Suppression Market
9.6. Rest of The World Fire Suppression Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. United Technologies
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Siemens
10.2.3. S&S Fire Suppression Systems
10.2.4. Firefly
10.2.5. Johnson Controls
10.2.6. Robert Bosch
10.2.7. Honeywell
10.2.8. Halma
10.2.9. Minimax Viking
10.2.10. Hochiki
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
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