The fire protection system market size is expected to see strong growth in the next few years. It will grow to $125.35 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to rising urban infrastructure development, global focus on life safety, expanding commercial and residential construction, climate change impact, and changes in insurance policies. Major trends in the forecast period include the adoption of video fire detection systems, focus on human behavior analysis in fire evacuation, compliance with stricter fire safety regulations, application of drones for fire monitoring, and growing market for fire protection as a service (FPaaS).
The anticipated growth in the fire protection system market is driven by the heightened human and property loss resulting from fire outbreaks. Property loss pertains to the financial or material damage inflicted on tangible assets or property, often arising from various events or risks such as fires, theft, natural disasters, accidents, or vandalism. Fire protection systems, including smoke detectors and heat sensors, are designed to detect fires early, potentially mitigating property loss. For example, a report published by the Government of the UK in February 2023 revealed an increase in fire-related fatalities in England from 249 to 276 in the year ending September 2022. Among these, 99 fatalities occurred in the final three months of 2021. Additionally, fire and rescue services in England responded to 620,758 incidents in the year ending September 2022, marking a 16% increase from the previous year (537,423). The total number of fires recorded in these incidents was 185,437, reflecting a 28% increase from the 145,313 fires reported in the previous year. Consequently, the rise in human and property loss due to fire outbreaks is a driving force for the fire protection system market.
The growth of the fire protection systems market is further expected to be fueled by increased demand from the building and construction sector. The building and construction sector encompasses the industry involved in the planning, design, construction, and management of buildings and infrastructure. Fire protection systems are integral to the overall design and planning of a building, with architects and engineers working collaboratively to seamlessly integrate these systems into the structure while maintaining aesthetics and functionality. As an illustration, according to the Office for National Statistics, a UK-based government department, total annual construction output witnessed a 5.6% increase in 2022 compared to 2021. Therefore, the escalating demand from the building and construction sector is a key driver for the growth of the fire protection systems market.
The fire protection system market is witnessing a prominent trend of embracing innovative technologies. Major companies in this market are dedicated to developing cutting-edge products infused with advanced technologies, aiming to fortify their market positions. An illustration of this trend is evident in the August 2022 announcement by Honeywell International Inc., a US-based engineering and technology company, regarding the launch of the Morley MAx fire detection and alarm system. This system is designed to enhance occupant and building safety, offering installers and end-users a highly sophisticated range of capabilities that are simple to install, commission, and maintain. The intelligent fire alarm control panel features a 7-inch touchscreen panel with a user-friendly and ergonomic interface, displaying visual icons and color-coded events. Additionally, it incorporates modern features such as multi-Boolean logic and the CANBus protocol for quicker communication across panels.
Major companies in the fire protection system market are strategically engaging in partnerships and collaborations with start-ups and mid-sized companies to expand their product and service offerings. These strategic collaborations and partnership agreements are instrumental in broadening the companies' existing product portfolios and extending their geographical reach. An example of such collaboration is seen in the partnership between National Engineering Industries Ltd. (NEI), an India-based flexible engineering solutions provider, and FOGTEC Fire Protection Pvt. Ltd., an India-based fire extinguisher service provider. This collaboration focuses on supplying the Fire Detection System and Fire Suppression System used in Indian Railways, enhancing safety and security while introducing new, innovative, reliable, and globally competitive solutions at favorable prices.
In August 2022, Endeavor Fire Protection, a US-based provider of fire protection and life safety services, acquired Valley Fire Protection Systems for an undisclosed amount. This strategic acquisition enables Endeavor to expand its service capabilities into monitoring, testing, and inspection of fire suppression systems, along with the design and installation of fire alarm systems. Valley Fire Protection Systems, a US-based construction company specializing in fire sprinklers, fire sprinkler systems, and retrofit services, aligns with Endeavor's goals for broader expertise and service offerings in the fire protection sector.
Major companies operating in the fire protection system market include Honeywell International Inc., Siemens AG, Halma plc, Robert Bosch Gmbh, Johnson Controls, Ems Security Group Ltd., Electro Detectors Ltd., Sterling Safety Systems, Wagner Group Gmbh, Hochiki Corporation, Apollo Fire Detectors Limited, Eurofyre Ltd., Detectomat Systems GmbH, Ceasefire Industries Pvt. Ltd., Bosch Security Systems GmbH, Gentex Corporation, Hitachi Ltd., Argus Fire Protection Company Ltd., Teledyne Technologies Incorporated, Viking Group Inc., Victaulic Company, Fike Corporation, Securiton AG, Carrier Global Corporation, Eaton Corporation plc, API Group Corp., Encore Fire Protection, Orbis Technology, Global Fire Protection Group.
Asia-Pacific was the largest region in the fire protection system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global fire protection system market report during the forecast period. The regions covered in the fire protection system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fire protection system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Fire protection systems are standardized products installed in buildings to detect and combat fire outbreaks. These systems utilize components such as smoke detectors, flame detectors, and more to detect and extinguish fires, playing a crucial role in safeguarding lives and property across various settings, including residential, commercial, industrial, and public buildings.
There are two main types of fire protection systems, active fire protection systems and passive fire systems. An active fire protection system, which includes water spray systems, deluge systems, sprinkler systems, fire water monitors, and steam rings around flanges, is a dormant system that requires activation in the event of a fire to function. These systems offer services such as managed services, installation and design services, maintenance services, and other related services. They find applications in various end-user sectors, including commercial, industrial, governmental, institutional, and others.
The fire protection systems market research report is one of a series of new reports that provides fire protection systems optical components market statistics, including fire protection systems optical components industry global market size, regional shares, competitors with a fire protection systems optical components market share, detailed fire protection systems optical components market segments, market trends and opportunities, and any further data you may need to thrive in the fire protection systems optical components industry. This fire protection systems optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The fire protection systems market consists of sales of fire alarm systems, fire suppression systems, fire extinguishers and sprinkler systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
Executive Summary
Fire Protection System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on fire protection system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for fire protection system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The fire protection system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Active Fire Protection Systems; Passive Fire Protection Systems2) By Services: Managed Service; Installation and Design Service; Maintenance Service; Other Services
3) By End-User: Commercial; Industrial; Governmental; Institutional; Other End-Users
Subsegments:
1) By Active Fire Protection Systems: Fire Sprinkler Systems; Fire Extinguishing Systems (e.g., foam, CO2); Fire Alarm Systems; Smoke Control Systems; Fire Suppression Systems2) By Passive Fire Protection Systems: Fire-Resistant Walls and Partitions; Fire Doors and Windows; Fire-Stop Systems; Intumescent Coatings; Fire-Resistant Materials and Insulation
Key Companies Mentioned: Honeywell International Inc.; Siemens AG; Halma plc; Robert Bosch Gmbh; Johnson Controls
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Honeywell International Inc.
- Siemens AG
- Halma plc
- Robert Bosch Gmbh
- Johnson Controls
- Ems Security Group Ltd.
- Electro Detectors Ltd.
- Sterling Safety Systems
- Wagner Group Gmbh
- Hochiki Corporation
- Apollo Fire Detectors Limited
- Eurofyre Ltd.
- Detectomat Systems GmbH
- Ceasefire Industries Pvt. Ltd.
- Bosch Security Systems GmbH
- Gentex Corporation
- Hitachi Ltd.
- Argus Fire Protection Company Ltd.
- Teledyne Technologies Incorporated
- Viking Group Inc.
- Victaulic Company
- Fike Corporation
- Securiton AG
- Carrier Global Corporation
- Eaton Corporation plc
- API Group Corp.
- Encore Fire Protection
- Orbis Technology
- Global Fire Protection Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 87.69 Billion |
Forecasted Market Value ( USD | $ 125.35 Billion |
Compound Annual Growth Rate | 9.3% |
Regions Covered | Global |
No. of Companies Mentioned | 29 |