The global powder fire suppression systems market size is expected to reach USD 6.17 billion by 2030, expanding at a CAGR of 4.4% from 2023 to 2030. The increasing population and rapidly growing residential sector are likely to augment the installation of new powder fire suppression systems in the residential segment during the forecast period. Moreover, the number of high-rise building construction projects around the world is rising owing to the growing demand from the residential and commercial sectors. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, about 1,392,300 housing units were completed in 2022, registering a growth of 3.8% compared to 2021.
Furthermore, rising industrial output and manufacturing activities across the world are contributing to the growth of the global industry. Industries, such as automotive, chemical, oil & gas, mining, textile, electronics, and power & electricity, are growing at a considerable pace. These industries deal with flammable substances on a daily basis, which makes them more susceptible to fire hazards. In addition, various initiatives and regulations for fire safety are likely to have a positive impact on the market growth. In December 2022, IIT Gandhinagar, India, inaugurated a world-class laboratory for fire safety testing, which aims to support the “Make in India” effort in the fire safety industry. Such efforts and initiatives are likely to fuel the product demand over the forecast period.
The COVID-19 pandemic had a negative impact on the growth of the market. The restricted trade, disrupted supply chain, and lack of labor affected various construction projects. This also affected the demand for new installation of powder fire suppression systems and market growth. Key players in the market are actively investing in various strategies to gain a higher share of the market. For instance, in November 2021, AI Fire acquired Dallas-based security system integrators, BCI Technologies, which also provides fire extinguisher systems. The company installs, repairs, and offers custom services for businesses, commercial facilities, and office spaces.
This product will be delivered within 1-3 business days.
Furthermore, rising industrial output and manufacturing activities across the world are contributing to the growth of the global industry. Industries, such as automotive, chemical, oil & gas, mining, textile, electronics, and power & electricity, are growing at a considerable pace. These industries deal with flammable substances on a daily basis, which makes them more susceptible to fire hazards. In addition, various initiatives and regulations for fire safety are likely to have a positive impact on the market growth. In December 2022, IIT Gandhinagar, India, inaugurated a world-class laboratory for fire safety testing, which aims to support the “Make in India” effort in the fire safety industry. Such efforts and initiatives are likely to fuel the product demand over the forecast period.
The COVID-19 pandemic had a negative impact on the growth of the market. The restricted trade, disrupted supply chain, and lack of labor affected various construction projects. This also affected the demand for new installation of powder fire suppression systems and market growth. Key players in the market are actively investing in various strategies to gain a higher share of the market. For instance, in November 2021, AI Fire acquired Dallas-based security system integrators, BCI Technologies, which also provides fire extinguisher systems. The company installs, repairs, and offers custom services for businesses, commercial facilities, and office spaces.
Powder Fire Suppression Systems MarketReport Highlights
- The industrial segment accounted for the largest revenue share in 2022 due to the established regulation and higher implementation of safety protocols for the industrial sector
- The residential segment is expected to grow at a lucrative CAGR over the forecast period owing to the increasing construction activities of high-rise buildings and supportive regulations
- North America accounted for the majority of the revenue share in 2022due to the implementation of stringent regulations and greater consumer awareness
- Asia Pacific is likely to witness the fastest CAGR from 2023 to 2030. The growing population, high industrial output, and development of strong regulations in the region will augment the product demand
- In October 2022, Pye-Barker Fire & Safety LLC, a Virginia-based company, announced the acquisition of New Jersey-based Survivor Fire & Safety Equipment Co., Inc. With this acquisition, the company is expanding its reach in the Northeast region of the U.S.
This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1. Methodology and Scope1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Information Analysis
1.4.2. Market Formulation & Data Visualization
1.4.3. Data Validation & Publishing
1.5. Research Scope & Assumptions
1.5.1. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segmental Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Powder Fire Suppression Systems Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.3.1. Raw Material Outlook
3.3.2. Manufacturers & System Integrators
3.3.3. Distribution Outlook
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges Analysis
3.6. Industry Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.2. Macroeconomic Analysis
3.6.3. Pricing Analysis
3.7. COVID-19 Impact Analysis
3.8. Major Deal & Strategic Alliances Analysis
3.9. Go-To-Market Strategy
Chapter 4. Powder Fire Suppression Systems Market: Application Estimates & Trend Analysis
4.1. Application Analysis & Market Share, 2022 & 2030
4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.2. Residential
4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.3. Commercial
4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4. Industrial
4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.2. Automotive
4.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.3. Chemical
4.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.4. Oil & Gas
4.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.5. Power Generation
4.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.6. Aviation
4.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.7. Mining
4.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
4.4.8. Others
4.4.8.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
Chapter 5. Powder Fire Suppression Systems Market: Regional Estimates & Trend Analysis
5.1. Regional Market Snapshot
5.2. North America
5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.2.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.2.3. U.S.
5.2.3.1. Key Country Dynamics
5.2.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.2.4. Canada
5.2.4.1. Key Country Dynamics
5.2.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.2.5. Mexico
5.2.5.1. Key Country Dynamics
5.2.5.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3. Europe
5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3.3. France
5.3.3.1. Key Country Dynamics
5.3.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3.4. Germany
5.3.4.1. Key Country Dynamics
5.3.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3.5. U.K.
5.3.5.1. Key Country Dynamics
5.3.5.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3.6. Spain
5.3.6.1. Key Country Dynamics
5.3.6.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.3.7. Italy
5.3.7.1. Key Country Dynamics
5.3.7.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4. Asia Pacific
5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4.3. China
5.4.3.1. Key Country Dynamics
5.4.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4.4. India
5.4.4.1. Key Country Dynamics
5.4.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4.5. Japan
5.4.5.1. Key Country Dynamics
5.4.5.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4.6. South Korea
5.4.6.1. Key Country Dynamics
5.4.6.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.4.7. Australia
5.4.7.1. Key Country Dynamics
5.4.7.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.5. Central & South America
5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.5.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.5.3. Argentina
5.5.3.1. Key Country Dynamics
5.5.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.5.4. Brazil
5.5.4.1. Key Country Dynamics
5.5.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.6. Middle East & Africa
5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Billion)
5.6.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.6.3. Saudi Arabia
5.6.3.1. Key Country Dynamics
5.6.3.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.6.4. South Africa
5.6.4.1. Key Country Dynamics
5.6.4.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
5.6.5. Israel
5.6.5.1. Key Country Dynamics
5.6.5.2. Market estimates and forecasts, By application, 2018 - 2030 (USD Billion)
Chapter 6. Powder Fire Suppression Systems Market - Competitive Analysis
6.1. Recent Developments & Impact Analysis, By Key Market Participants
6.2. Company Categorization
6.3. Participant’s Overview
6.4. Financial Overview
6.5. Product Benchmarking
6.6. Company Market Positioning
6.7. Company Market Share Analysis, 2022
6.8. Company Heat Map Analysis
6.9. Strategy Mapping
6.9.1. Expansion
6.9.2. Mergers & Acquisitions
6.9.3. Partnerships & Joint Ventures
6.9.4. New Product Launches
6.9.5. Disventure/Demerger
Chapter 7. Company Profiles
7.1. Johnson Controls
7.2. Carrier
7.3. Reliable Fire & Security
7.4. Koorsen Fire & Security
7.5. Gielle Group
7.6. Afex Fire Suppression Systems
7.7. American Fire Technologies
7.8. Fireaway Inc.
7.9. Buckeye Fire
7.10. Amerex Corporation
7.11. AKRONEX International Fire Engineering Inc.
7.12. SIEX
7.13. Hochiki Corporation
7.14. NAFFCO FZCO
7.15. Halma plc
List of Tables
Table 1 Global Powder Fire Suppression Systems Market Estimates and Forecasts, By Application, 2018 - 2030 (USD Billion)
Table 2 U.S. Macro-Economic Outlay
Table 3 Canada Macro-Economic Outlay
Table 4 Mexico Macro-Economic Outlay
Table 5 France Macro-Economic Outlay
Table 6 Germany Macro-Economic Outlay
Table 7 U.K. Macro-Economic Outlay
Table 8 Spain Macro-Economic Outlay
Table 9 Italy Macro-Economic Outlay
Table 10 China Macro-Economic Outlay
Table 11 India Macro-Economic Outlay
Table 12 Japan Macro-Economic Outlay
Table 13 South Korea Macro-Economic Outlay
Table 14 Australia Macro-Economic Outlay
Table 15 Argentina Macro-Economic Outlay
Table 16 Brazil Macro-Economic Outlay
Table 17 Saudi Arabia Macro-Economic Outlay
Table 18 South Africa Macro-Economic Outlay
Table 19 Israel Macro-Economic Outlay
Table 20 Recent Developments & Impact Analysis, By Key Market Participants
Table 21 Company Heat Map Analysis, 2022
Table 22 Key Companies Undergoing Expansion
Table 23 Key Companies Involved In Mergers & Acquisition
Table 24 Key Companies Undergoing Partnerships & Joint Ventures
Table 25 Key Companies Launching New Products
Table 26 Key Companies Undertaking Divensture/Demerger
List of Figures
Fig. 1 Market Segmentation & Scope
Fig. 2 Information Procurement
Fig. 3 Data Analysis Models
Fig. 4 Market Formulation And Validation
Fig. 5 Data Validating & Publishing
Fig. 6 Market Snapshot
Fig. 7 Segment Snapshot
Fig. 8 Competitive Landscape Snapshot
Fig. 9 Global Powder Fire Suppression Systems Market Value, 2022 (USD Billion)
Fig. 10 Penetration & Growth Prospect Mapping
Fig. 11 Value Chain Analysis
Fig. 12 Powder Fire Suppression Systems: Market Dynamics
Fig. 13 Annual Value Of Construction Put In Residential Sector In The US, 2012 To 2022 (USD Billion)
Fig. 14 Annual Pipeline Of Construction Hotels & Rooms In the U.S. Market, 2020 To 2022
Fig. 15 Powder Fire Suppression Systems Market: Porter's Five Forces Analysis
Fig. 16 Powder Fire Suppression Systems Market : PESTEL Analysis
Fig. 17 Pricing Overview - North America, Powder Fire Extinguisher, By Capacity (Kg), USD, 2022
Fig. 18 Pricing Overview - Brand Specific, ANSUL (Red Line), Wheeled Fire Extinguishers, By Capacity (Kg), USD, 2022
Fig. 19 Pricing Overview - ANSUL Brand, Powder Fire Extinguisher, By Capacity (Kg), USD, 2022
Fig. 20 Pricing Overview - Europe, Powder Fire Extinguisher, By Capacity (Kg), USD, 2022
Fig. 21 Pricing Overview - Europe, Powder Fire Extinguisher, By Quantity Of 9 Kg Units, USD, 2022
Fig. 22 Pricing Overview - Asia Pacific, Powder Fire Extinguishers, By Capacity (Kg), USD, 2022
Fig. 23 Pricing Overview - Israel, Powder Fire Extinguisher, By Capacity (Kg), USD, 2022
Fig. 24 Powder Fire Suppression Systems Market, By Application: Key Takeaways
Fig. 25 Powder Fire Suppression Systems Market: Application Movement Analysis & Market Share, 2022 & 2030
Fig. 26 Powder Fire Suppression Systems Market Estimates And Forecasts In Residential, 2018 - 2030 (USD Billion)
Fig. 27 Powder Fire Suppression Systems Market Estimates And Forecasts In Commercial, 2018 - 2030 (USD Billion)
Fig. 28 Powder Fire Suppression Systems Market Estimates And Forecasts In Industrial, 2018 - 2030 (USD Billion)
Fig. 29 Powder Fire Suppression Systems Market Estimates And Forecasts In Automotive, 2018 - 2030 (USD Billion)
Fig. 30 Powder Fire Suppression Systems Market Estimates And Forecasts In Chemical, 2018 - 2030 (USD Billion)
Fig. 31 Powder Fire Suppression Systems Market Estimates And Forecasts In Oil & Gas, 2018 - 2030 (USD Billion)
Fig. 32 Powder Fire Suppression Systems Market Estimates And Forecasts In Power Generation, 2018 - 2030 (USD Billion)
Fig. 33 Powder Fire Suppression Systems Market Estimates And Forecasts In Aviation, 2018 - 2030 (USD Billion)
Fig. 34 Powder Fire Suppression Systems Market Estimates And Forecasts In Mining, 2018 - 2030 (USD Billion)
Fig. 35 Powder Fire Suppression Systems Market Estimates And Forecasts In Others, 2018 - 2030 (USD Billion)
Fig. 36 Powder Fire Suppression Systems Market Revenue, By Region, 2022 & 2030, (USD Billion)
Fig. 37 Regional marketplace: Key takeaways
Fig. 38 Regional marketplace: Key takeaways
Fig. 39 North America Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 40 US Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 41 Canada Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 42 Mexico Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 43 Europe Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 44 France Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 45 Germany Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 46 UK Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 47 Spain Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 48 Italy Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 49 Asia Pacific Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 50 China Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 51 India Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 52 Japan Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 53 South Korea Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 54 Australia Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 55 Central & South America Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 56 Argentina Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 57 Brazil Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 58 Middle East & Africa Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 59 Saudi Arabia Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 60 South Africa Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 61 Israel Powder Fire Suppression Systems Market Estimates & Forecasts, 2018 - 2030 (USD Billion)
Fig. 62 Key Company Categorization
Fig. 63 Company Market Positioning
Fig. 64 Company Market Share Analysis, 2022
Fig. 65 Strategic Framework
Companies Mentioned
- Johnson Controls
- Carrier
- Reliable Fire & Security
- Koorsen Fire & Security
- Gielle Group
- Afex Fire Suppression Systems
- American Fire Technologies
- Fireaway Inc.
- Buckeye Fire
- Amerex Corporation
- AKRONEX International Fire Engineering Inc.
- SIEX
- Hochiki Corporation
- NAFFCO FZCO
- Halma plc
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 152 |
| Published | February 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 4.37 Billion |
| Forecasted Market Value ( USD | $ 6.17 Billion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
