Global Fire Protection Systems Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3995/- USD | Published Date: July 26, 2021 |

The global fire protection system market size is anticipated to grow at a significant CAGR of around 7% during the forecast period from 2021 to 2027 and was valued at over USD 67 billion in 2020. The rapid growth in the construction industry and stringent regulations are some major factors to drive the market growth. Furthermore, the growing risk of property damage and the technological advancement in fire protection systems is expected to fuel the market growth. The growing industrialization and increasing infrastructure in the residential and commercial sector are anticipated to boost the market over the forecast period. In addition, the increasing adoption of fire protection systems in developing economies is expected to propel the market.

Market Segment Insights:

The global fire protection systems market is bifurcated into product, service, application, and geography. On the basis of product, the market is further segmented into fire detection, fire suppression, fire response, fire analysis, and fire sprinkler system. The fire detection systems segment dominated the global market in 2020 and accounted to hold the largest market share of over half of the market. Regulatory requirements by various organizations in various countries have mandated the fire protection systems which is a major factor driving the segment growth. On the other hand, the fire analysis segment is estimated to grow at the fastest growth rate over the forecast period.

Based on the application, the market is segmented into commercial, industrial, and residential applications. The commercial application segment dominated the global fire protection system market in 2020 and estimated to hold the largest market share of around half of the market in terms of revenue. The commercial applications segment includes applications for BFSI, government, retail, healthcare, IT & telecommunications, and educational institutions which is estimated to drive the segment growth. On the other hand, the industrial segment is estimated to grow at the fastest CAGR during the forecast period.

Fire Protection System Market Size & Forecast

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The fire protection system comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The fire protection system market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Fire Protection System Market Segmentation:

By Product:

  • Fire Detection
  • Fire Suppression
  • Fire Response
  • Fire Analysis
  • Fire Sprinkler System

By Service:

  • Managed Service
  • Installation and Design Service
  • Maintenance Service
  • Others

By Application:

  • Commercial
  • Industrial
  • Residential

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Geographic Coverage:

Geographically, North America dominated the global fire protection system market in 2020 and estimated to hold the largest revenue share of over one-third percent of the market. The increasing demand for smart buildings and houses are some major factors to drive the market growth in the region. Furthermore, the early adoption of new technologies and the presence of some major players such as Honeywell International, Inc., GENTEX Corp., and Raytheon Technologies Corporation are anticipated to boost the market growth in North America. In contrast, the Asia Pacific is accounted to grow at the fastest growth rate due to the increasing adoption of fire protection systems by developing economies such as China, Japan, and India.

Market Competition Assessment:

Some of the major players operating in the global fire protection system market are GENTEX Corp., Robert Bosch GmbH, Siemens, Halma plc, and Eaton. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • GENTEX Corp.
  • Robert Bosch GmbH
  • Siemens
  • Halma plc
  • Eaton
  • Johnson Controls
  • Minimax Viking
  • Encore Fire Protection
  • Fire Suppression
  • Argus Fire Protection Company

Key Questions Answered by Fire Protection System Market Report

  • Global fire protection system market forecasts from 2021-2027
  • Regional fire protection system market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Fire protection system submarket forecasts from 2021-2027 covering the market by product, by service, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to fire protection system market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level fire protection system markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the fire protection system market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Fire Protection System Market Portraiture
2.2. Global Fire Protection System Market, by Product, 2020 (USD Mn)
2.3. Global Fire Protection System Market, by Service, 2020 (USD Mn)
2.4. Global Fire Protection System Market, by Application, 2020 (USD Mn)
2.5. Global Fire Protection System Market, by Geography, 2020 (USD Mn)

 

3. Global Fire Protection System Market Analysis


3.1. Fire Protection System Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

 

4. Global Fire Protection System Market By Product, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Fire Detection
4.3. Fire Suppression
4.4. Fire Response
4.5. Fire Analysis
4.6. Fire Sprinkler System

 

5. Global Fire Protection System Market By Service, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. Managed Service
5.3. Installation and Design Service
5.4. Maintenance Service
5.5. Others

 

6. Global Fire Protection System Market By Application, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Commercial
6.3. Industrial
6.4. Residential

 

7. North America Fire Protection System Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Fire Protection System Market by Product (2018-2027 USD Mn)
7.1.3. North America Fire Protection System Market by Service (2018-2027 USD Mn)
7.1.4. North America Fire Protection System Market by Application (2018-2027 USD Mn)
7.1.5. North America Fire Protection System Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Fire Protection System Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Fire Protection System Market by Service (2018-2027 USD Mn)
7.1.5.1.3. U.S. Fire Protection System Market by Application (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Fire Protection System Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Fire Protection System Market by Service (2018-2027 USD Mn)
7.1.5.2.3. Canada Fire Protection System Market by Application (2018-2027 USD Mn)

 

8. Europe Fire Protection System Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.3. Europe Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.4. Europe Fire Protection System Market by Application (2018-2027 USD Mn)
8.1.5. Europe Fire Protection System Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.5.1.3. Germany Fire Protection System Market by Application (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.5.2.3. U.K. Fire Protection System Market by Application (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.5.3.3. France Fire Protection System Market by Application (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.5.4.3. Italy Fire Protection System Market by Application (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Fire Protection System Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Fire Protection System Market by Service (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Fire Protection System Market by Application (2018-2027 USD Mn)

 

9. Asia Pacific Fire Protection System Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Fire Protection System Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Fire Protection System Market by Service (2018-2027 USD Mn)
9.1.4. Asia Pacific Fire Protection System Market by Application (2018-2027 USD Mn)
9.1.5. Asia Pacific Fire Protection System Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Fire Protection System Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Fire Protection System Market by Service (2018-2027 USD Mn)
9.1.5.1.3. China Fire Protection System Market by Application (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Fire Protection System Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Fire Protection System Market by Service (2018-2027 USD Mn)
9.1.5.2.3. Japan Fire Protection System Market by Application (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Fire Protection System Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Fire Protection System Market by Service (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Fire Protection System Market by Application (2018-2027 USD Mn)

 

10. Latin America (LATAM) Fire Protection System Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Fire Protection System Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Fire Protection System Market by Service (2018-2027 USD Mn)
10.1.4. Latin America Fire Protection System Market by Application (2018-2027 USD Mn)
10.1.5. Latin America Fire Protection System Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Fire Protection System Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Fire Protection System Market by Service (2018-2027 USD Mn)
10.1.5.1.3. Brazil Fire Protection System Market by Application (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Fire Protection System Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Fire Protection System Market by Service (2018-2027 USD Mn)
10.1.5.2.3. Mexico Fire Protection System Market by Application (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Fire Protection System Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Fire Protection System Market by Service (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Fire Protection System Market by Application (2018-2027 USD Mn)

 

11. Middle East and Africa Fire Protection System Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Fire Protection System Market by Product (2018-2027 USD Mn)
11.1.3. MEA Fire Protection System Market by Service (2018-2027 USD Mn)
11.1.4. MEA Fire Protection System Market by Application (2018-2027 USD Mn)
11.1.5. Middle East and Africa Fire Protection System Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Fire Protection System Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Fire Protection System Market by Service (2018-2027 USD Mn)
11.1.5.1.3. GCC Fire Protection System Market by Application (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Fire Protection System Market by Product (2018-2027 USD Mn)
11.1.5.2.2. South Africa Fire Protection System Market by Service (2018-2027 USD Mn)
11.1.5.2.3. South Africa Fire Protection System Market by Application (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Fire Protection System Market by Product (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Fire Protection System Market by Service (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Fire Protection System Market by Application (2018-2027 USD Mn)

 

12. Company Profiles


12.1. GENTEX Corp.
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Robert Bosch GmbH
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Siemens
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Halma plc
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Eaton
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Johnson Controls
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Minimax Viking
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Encore Fire Protection
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Fire Suppression
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Argus Fire Protection Company
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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