Market Overview:
The global fire and life safety solutions market is expected to grow from USD 9.8 billion in 2018 to USD 15.5 billion by 2030, at a CAGR of 5.7% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for fire and life safety solutions across various applications, such as enterprise, facility, campus, and others. Additionally, the increasing awareness about fire and life safety among end users is also fueling the growth of this market.
Product Definition:
Fire and Life Safety Solutions are products, services or systems that protect people and property from the potential effects of fire and other emergencies. The importance of Fire and Life Safety Solutions is to ensure that people are safe in the event of a fire or other emergency.
Fire Detection:
Fire detection is the process of detecting and preventing fire with the help of smoke detectors, fire extinguishers, and emergency communication systems. The global market for fire detection is expected to witness significant growth over the forecast period owing to growing awareness about safety among people coupled with increasing demand for life safety solutions in commercial buildings. Fire protection has become a necessity in buildings as they can cause huge monetary damage along with loss of lives and assets. According to a study by Underwriters Laboratories Inc.
Fire Management:
Fire management is the process used to control, monitor and prevent fires. It includes a combination of engineering and administrative actions that are taken to safeguard buildings or infrastructure from fire outbreaks. Fire safety solutions are implemented during construction for providing protection against fire hazards in residential, commercial or industrial areas. These solutions include testing of materials for flammability, installing fire detectors/alarms and extinguishers among others.
Application Insights:
The enterprise application segment accounted for the largest share of over 60.0% in 2017 and is anticipated to maintain its dominance over the forecast period. The growth can be attributed to factors such as growing corporate offices, industrial facilities and storage buildings, healthcare facilities, educational institutions, sports arenas and stadiums among others across the globe. These applications require a combination of products that include smoke detection systems with integrated fire protection along with access control systems for ensuring safety at each entryway into an establishment or facility.
Enterprise applications are further categorized into large commercial enterprises (LECs), medium-sized commercial enterprises (MECs), small commercial enterprises (SCEs) based on their annual revenue in accordance with European Fire Code recommendations which regulate fire safety requirements within these establishments.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to several factors such as rapid technological advancements, presence of key players in the region, and stringent regulations by regulatory bodies such as National Fire Protection Association (NFPA). Moreover, increasing number of residential construction projects are expected to drive demand for fire safety solutions across North America.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments by governments and private firms for improving fire safety infrastructure across countries such as China and India. For instance, according to a white paper on smart cities initiative published by The Government of India in January 2018’s issue of Economic Times newspaper under “The Smart Cities Mission†project has been approved worth USD X trillion over a period of five years from 2019-2022 with an aim toward making Indian cities smart and safe places to live in.
Growth Factors:
- Increasing demand for fire and life safety solutions from the commercial sector, owing to the increasing number of high-rise buildings and growing awareness about fire safety among people.
- Proliferation of smart cities across the globe is expected to create opportunities for growth of the fire and life safety solutions market over the forecast period.
- Stringent regulations by government authorities regarding installation of fire and life safety systems in public places is expected to propel market growth during the forecast period.
- Growing demand for advanced fire detection and suppression systems from end-use industries such as oil & gas, power generation, automotive, etc., is anticipated to drive market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire and Life Safety Solutions Market Research Report
By Type
Fire Detection, Fire Management
By Application
Enterprise, Facility, Campus, Others
By Companies
Johnson Controls, Honeywell, Johnson Controls, United Technologies, Robert Bosch, Siemens, Vtmak, Gentex, Halma, Hochiki, Johnson Controls
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Fire and Life Safety Solutions Market Report Segments:
The global Fire and Life Safety Solutions market is segmented on the basis of:
Types
Fire Detection, Fire Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Enterprise, Facility, Campus, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson Controls
- Honeywell
- Johnson Controls
- United Technologies
- Robert Bosch
- Siemens
- Vtmak
- Gentex
- Halma
- Hochiki
- Johnson Controls
Highlights of The Fire and Life Safety Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fire Detection
- Fire Management
- By Application:
- Enterprise
- Facility
- Campus
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire and Life Safety Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fire and Life Safety Solutions is a company that provides fire safety and life safety solutions. These solutions include fire suppression, evacuation planning, emergency response training, and more.
Some of the major players in the fire and life safety solutions market are Johnson Controls, Honeywell, Johnson Controls, United Technologies, Robert Bosch, Siemens, Vtmak, Gentex, Halma, Hochiki, Johnson Controls.
The fire and life safety solutions market is expected to register a CAGR of 5.7%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire and Life Safety Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fire and Life Safety Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire and Life Safety Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fire and Life Safety Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fire and Life Safety Solutions Market Size & Forecast, 2018-2028
4.5.1 Fire and Life Safety Solutions Market Size and Y-o-Y Growth
4.5.2 Fire and Life Safety Solutions Market Absolute $ Opportunity
Chapter 5 Global Fire and Life Safety Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fire and Life Safety Solutions Market Size Forecast by Type
5.2.1 Fire Detection
5.2.2 Fire Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fire and Life Safety Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fire and Life Safety Solutions Market Size Forecast by Applications
6.2.1 Enterprise
6.2.2 Facility
6.2.3 Campus
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire and Life Safety Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire and Life Safety Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fire and Life Safety Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Fire and Life Safety Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fire and Life Safety Solutions Market Size Forecast by Type
9.6.1 Fire Detection
9.6.2 Fire Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fire and Life Safety Solutions Market Size Forecast by Applications
9.10.1 Enterprise
9.10.2 Facility
9.10.3 Campus
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fire and Life Safety Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Fire and Life Safety Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fire and Life Safety Solutions Market Size Forecast by Type
10.6.1 Fire Detection
10.6.2 Fire Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fire and Life Safety Solutions Market Size Forecast by Applications
10.10.1 Enterprise
10.10.2 Facility
10.10.3 Campus
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fire and Life Safety Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fire and Life Safety Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fire and Life Safety Solutions Market Size Forecast by Type
11.6.1 Fire Detection
11.6.2 Fire Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fire and Life Safety Solutions Market Size Forecast by Applications
11.10.1 Enterprise
11.10.2 Facility
11.10.3 Campus
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fire and Life Safety Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Fire and Life Safety Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fire and Life Safety Solutions Market Size Forecast by Type
12.6.1 Fire Detection
12.6.2 Fire Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fire and Life Safety Solutions Market Size Forecast by Applications
12.10.1 Enterprise
12.10.2 Facility
12.10.3 Campus
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fire and Life Safety Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fire and Life Safety Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fire and Life Safety Solutions Market Size Forecast by Type
13.6.1 Fire Detection
13.6.2 Fire Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fire and Life Safety Solutions Market Size Forecast by Applications
13.10.1 Enterprise
13.10.2 Facility
13.10.3 Campus
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire and Life Safety Solutions Market: Competitive Dashboard
14.2 Global Fire and Life Safety Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 Honeywell
14.3.3 Johnson Controls
14.3.4 United Technologies
14.3.5 Robert Bosch
14.3.6 Siemens
14.3.7 Vtmak
14.3.8 Gentex
14.3.9 Halma
14.3.10 Hochiki
14.3.11 Johnson Controls
