Fire Suppression Equipment Market
PUBLISHED: 2021 ID: SMRC20660
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Fire Suppression Equipment Market

Fire Suppression Equipment Market Forecasts to 2028 – Global Analysis By Equipment Type (Caps, Control Heads, Nozzles), Application (Commercial, Forest and Agriculture, Industrial, Residential) and By Geography

4.8 (52 reviews)
4.8 (52 reviews)
Published: 2021 ID: SMRC20660

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Fire Suppression Equipment Marketis accounted for $24.90 billion in 2020 and is expected to reach $43.79 billion by 2028 growing at a CAGR of 6.7% during the forecast period due to the significant increase in fire related accidents especially in the oil & gas industry, commercial, residential, mining, healthcare and other sector is the major factorsdriving the market growth. However, a higher installation and maintenance cost is restraining the market growth.

Fire suppression equipment alert the environment about a hazardous situation, fire break out, or smoke by automatic or manual detection systems.

Based on application, the industrial segment is estimated to have a lucrative growth during forecast period owing to various manufacturing and production activities involve chemicals and machinery that are flammable and can lead to fires.By geography, North Americais going to have high growth during forecast period due to presence of several regulations regarding fire protection and safety that are to be followed by residential, commercial and industrial sectors.

Some of the key players profiled in the Fire Suppression Equipment Market include Consilium AB, Gentex Corporation, Halmaplc, Hochiki Corporation, Honeywell International Inc, Johnson Controls, Robert Bosch Gmbh, Seimens AG and Semco Maritime A/S Company.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 24.90 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

6.7%

Predicted 2028 Value:

USD 43.79 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

120

Chapters Covered:

Equipment Type, Fire Type, Application,  and Region

Core Drivers and Opportunities:

  • Increase in fire related accidents especially in the oil & gas industry
  • High-end technological advancements and innovations in networking

Restraining Factors & Market Threats:

  • Higher installation and maintenance cost


Equipment Types Covered:
• Caps
• Control Heads
• Fire Alarms
• Fire Detectors
• Fire Suppressors
• Nozzles
• Sprinklers

Fire TypesCovered:
• Class A
• Class B
• Class C
• Class D
• Class K/F

Applications Covered:
• Commercial
• Forest and Agriculture
• Industrial
• Residential

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years (2019, 2020, 2021, 2025, and 2028)
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Fire Suppression Equipment Market is majorly driven by increase in fire related accidents especially in the oil & gas industry, commercial, residential, mining, healthcare and other sector.

The industrial segment is growing at a highest CAGR owing to growing fire incidences in industrial areas that have risen several concerns regarding the safety measures has propel the demand of fire suppression equipment in industrial segment.

Asia Pacific dominated with a significant market share due to the factors such as increasing number of manufacturing activities across emerging economies such as China and India cross the region.

North America market is growing at a highest CAGR owing to the presence of several regulations regarding fire protection and safety that are to be followed by residential, commercial and industrial sectors in the region.

Key players in Fire Suppression Equipment Market include onsilium AB, Gentex Corporation, Halmaplc, Hochiki Corporation, Honeywell International Inc, Johnson Controls, Robert Bosch Gmbh, Seimens AG and Semco Maritime A/S Company.

Table of Contents

1 Executive Summary          
           
2 Preface        
  
 2.1 Abstract         
 2.2 Stake Holders         
 2.3 Research Scope          
 2.4 Research Methodology         
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources        
  2.5.2 Secondary Research Sources        
  2.5.3 Assumptions        
           
3 Market Trend Analysis          
 3.1 Introduction         
 3.2 Drivers         
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats         
 3.6 Application Analysis         
 3.7 Emerging Markets         
 3.8 Impact of Covid-19         
           
4 Porters Five Force Analysis          
 4.1 Bargaining Power of Suppliers         
 4.2 Bargaining Power of Buyers         
 4.3 Threat of Substitutes          
 4.4 Threat of New Entrants         
 4.5 Competitive Rivalry         
           
5 Global Fire Suppression Equipment Market, By Equipment Type          
 5.1 Introduction         
 5.2 Caps         
 5.3 Control Heads         
 5.4 Fire Alarms          
 5.5 Fire Detectors         
 5.6 Fire Suppressors         
 5.7 Nozzles         
 5.8 Sprinklers         
           
6 Global Fire Suppression Equipment Market, By Fire Type          
 6.1 Introduction         
 6.2 Class A         
 6.3 Class B         
 6.4 Class C         
 6.5 Class D         
 6.6 Class K/F         
           
7 Global Fire Suppression Equipment Market, By Application          
 7.1 Introduction         
 7.2 Commercial         
 7.3 Forest and Agriculture          
 7.4 Industrial         
 7.5 Residential         
           
8 Global Fire Suppression Equipment Market, By Geography          
 8.1 Introduction         
 8.2 North America         
  8.2.1 US        
  8.2.2 Canada        
  8.2.3 Mexico        
 8.3 Europe         
  8.3.1 Germany        
  8.3.2 UK        
  8.3.3 Italy        
  8.3.4 France        
  8.3.5 Spain        
  8.3.6 Rest of Europe        
 8.4 Asia Pacific         
  8.4.1 Japan        
  8.4.2 China        
  8.4.3 India        
  8.4.4 Australia        
  8.4.5 New Zealand        
  8.4.6 South Korea        
  8.4.7 Rest of Asia Pacific        
 8.5 South America         
  8.5.1 Argentina        
  8.5.2 Brazil        
  8.5.3 Chile        
  8.5.4 Rest of South America        
 8.6 Middle East & Africa         
  8.6.1 Saudi Arabia        
  8.6.2 UAE        
  8.6.3 Qatar        
  8.6.4 South Africa        
  8.6.5 Rest of Middle East & Africa        
           
9 Key Developments           
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures         
 9.2 Acquisitions & Mergers         
 9.3 New Product Launch         
 9.4 Expansions         
 9.5 Other Key Strategies         
           
10 Company Profiling           
 10.1 Consilium AB         
 10.2 Gentex Corporation         
 10.3 Halma plc         
 10.4 Hochiki Corporation         
 10.5 Honeywell International Inc         
 10.6 Johnson Controls         
 10.7 Robert Bosch Gmbh         
 10.8 Seimens AG          
 10.9 Semco Maritime A/S         


List of Tables           
1 Global Fire Suppression Equipment Market Outlook, By Region (2019-2028) (US $MN)           
2 Global Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
3 Global Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)          
4 Global Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)          
5 Global Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
6 Global Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
7 Global Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
8 Global Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
9 Global Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
10 Global Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
11 Global Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
12 Global Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)          
13 Global Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
14 Global Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
15 Global Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
16 Global Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
17 Global Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
18 Global Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
19 Global Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
20 Global Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          
21 North America Fire Suppression Equipment Market Outlook, By Country (2019-2028) (US $MN)           
22 North America Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
23 North America Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)          
24 North America Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)          
25 North America Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
26 North America Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
27 North America Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
28 North America Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
29 North America Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
30 North America Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
31 North America Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
32 North America Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)           
33 North America Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
34 North America Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
35 North America Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
36 North America Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
37 North America Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
38 North America Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
39 North America Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
40 North America Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          
41 Europe Fire Suppression Equipment Market Outlook, By Country (2019-2028) (US $MN)           
42 Europe Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
43 Europe Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)          
44 Europe Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)          
45 Europe Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
46 Europe Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
47 Europe Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
48 Europe Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
49 Europe Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
50 Europe Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
51 Europe Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
52 Europe Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)           
53 Europe Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
54 Europe Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
55 Europe Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
56 Europe Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
57 Europe Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
58 Europe Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
59 Europe Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
60 Europe Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          
61 Asia Pacific Fire Suppression Equipment Market Outlook, By Country (2019-2028) (US $MN)           
62 Asia Pacific Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
63 Asia Pacific Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)          
64 Asia Pacific Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)          
65 Asia Pacific Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
66 Asia Pacific Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
67 Asia Pacific Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
68 Asia Pacific Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
69 Asia Pacific Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
70 Asia Pacific Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
71 Asia Pacific Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
72 Asia Pacific Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)          
73 Asia Pacific Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
74 Asia Pacific Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
75 Asia Pacific Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
76 Asia Pacific Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
77 Asia Pacific Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
78 Asia Pacific Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
79 Asia Pacific Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
80 Asia Pacific Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          
81 South America Fire Suppression Equipment Market Outlook, By Country (2019-2028) (US $MN)           
82 South America Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
83 South America Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)          
84 South America Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)           
85 South America Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
86 South America Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
87 South America Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
88 South America Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
89 South America Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
90 South America Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
91 South America Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
92 South America Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)          
93 South America Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
94 South America Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
95 South America Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
96 South America Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
97 South America Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
98 South America Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
99 South America Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
100 South America Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          
101 Middle East & Africa Fire Suppression Equipment Market Outlook, By Country (2019-2028) (US $MN)           
102 Middle East & Africa Fire Suppression Equipment Market Outlook, By Equipment Type (2019-2028) (US $MN)          
103 Middle East & Africa Fire Suppression Equipment Market Outlook, By Caps (2019-2028) (US $MN)           
104 Middle East & Africa Fire Suppression Equipment Market Outlook, By Control Heads (2019-2028) (US $MN)          
105 Middle East & Africa Fire Suppression Equipment Market Outlook, By Fire Alarms (2019-2028) (US $MN)          
106 Middle East & Africa Fire Suppression Equipment Market Outlook, By Fire Detectors (2019-2028) (US $MN)          
107 Middle East & Africa Fire Suppression Equipment Market Outlook, By Fire Suppressors, (2019-2028) (US $MN)          
108 Middle East & Africa Fire Suppression Equipment Market Outlook, By Nozzles (2019-2028) (US $MN)          
109 Middle East & Africa Fire Suppression Equipment Market Outlook, By Sprinklers (2019-2028) (US $MN)          
110 Middle East & Africa Fire Suppression Equipment Market Outlook, By Fire Type (2019-2028) (US $MN)          
111 Middle East & Africa Fire Suppression Equipment Market Outlook, By Class A (2019-2028) (US $MN)          
112 Middle East & Africa Fire Suppression Equipment Market Outlook, By Class B (2019-2028) (US $MN)           
113 Middle East & Africa Fire Suppression Equipment Market Outlook, By Class C (2019-2028) (US $MN)          
114 Middle East & Africa Fire Suppression Equipment Market Outlook, By Class D (2019-2028) (US $MN)          
115 Middle East & Africa Fire Suppression Equipment Market Outlook, By Class K/F (2019-2028) (US $MN)          
116 Middle East & Africa Fire Suppression Equipment Market Outlook, By Application (2019-2028) (US $MN)          
117 Middle East & Africa Fire Suppression Equipment Market Outlook, By Commercial (2019-2028) (US $MN)          
118 Middle East & Africa Fire Suppression Equipment Market Outlook, By Forest and Agriculture (2019-2028) (US $MN)          
119 Middle East & Africa Fire Suppression Equipment Market Outlook, By Industrial (2019-2028) (US $MN)          
120 Middle East & Africa Fire Suppression Equipment Market Outlook, By Residential (2019-2028) (US $MN)          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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