Market Overview:
The global fire protection equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for fire protection equipment in the municipal, industrial, commercial and residential sectors. Additionally, the increasing awareness about safety and security among consumers is also propelling the growth of this market. The extinguisher segment accounted for the largest share of the global fire protection equipment market in 2017 and is projected to grow at a CAGR of 5.8% from 2018 to 2030. This segment is primarily driven by the growing demand for portable extinguishers in various end-use applications such as municipal fire service, industrial sector, commercial sector and residential sector across different regions worldwide.
Product Definition:
Fire protection equipment is a general term for any device or system that is used to protect an area from the potential damage of a fire. This can include things like fire alarms, sprinkler systems, and extinguishers. The importance of fire protection equipment cannot be overstated; it can mean the difference between a small fire that is quickly contained and extinguished, and a massive blaze that causes extensive damage to property and potentially results in loss of life.
Extinguisher:
Extinguisher is a device used to put out or control a fire. It can be manual, automatic or semi-automatic. The market for extinguishers has seen tremendous growth over the past few years owing to growing awareness among people regarding safety from fire hazards and resultant damage caused by them. In addition, stringent regulations pertaining to fire safety in buildings have also contributed significantly towards the demand for this equipment worldwide.
Fire Hydrant:
A fire hydrant is a device used to control and direct the flow of water for fighting fires. It is an apparatus consisting of a valve connected by pipes to a water supply, which can be opened or closed as per requirement. The term “hydrant” is derived from the Latin word “hydra”, which means river/stream/waterfall.
Application Insights:
The industrial application segment led the global fire protection equipment market and accounted for more than 45.0% share of the overall revenue in 2017. The growth can be attributed to a rise in manufacturing activities across various industries, including oil & gas, chemical, power generation and transportation. In addition to this, stringent government regulations regarding safety are also driving the demand for fire protection equipment in industrial applications globally.
The commercial application segment is anticipated to witness significant growth over the forecast period owing to an increase in investments by businesses on a refurbishment basis as well as on a new construction basis for installing modern safety systems that meet all regulatory requirements and standards set by authorities concerned about public safety at both domestic and international levels.
Regional Analysis:
The North American regional market dominated the global fire protection equipment market in 2016. The growth can be attributed to stringent government regulations and norms for providing quality services to the citizens. In addition, increasing infrastructural development activities are expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia and Thailand among others. Moreover, growing commercial construction activities in emerging economies of Asia Pacific region are further expected fuel product demand during the forecast period.
In addition, rising awareness regarding personal safety against fire hazards is projected favorably impact overall industry dynamics during 2017-2030 periods respectively thereby driving revenue share from 2018 through 2030 time span for this industry vertical within various regions globally including Europe; North America; Asia Pacific; Latin America etc.; accordingly (Figure 1).
Europe was valued at USD X billion in 2016.
Growth Factors:
- Increasing demand for fire protection equipment in the commercial sector due to growing awareness about safety and security.
- Rapid growth of construction industry, especially in developing countries, is expected to drive the demand for fire protection equipment over the next few years.
- Rising number of fires due to faulty electrical wiring and appliances is also expected to boost the demand for fire protection equipment in the near future.
- Growing popularity of automated systems that can detect and extinguish fires quickly is projected to fuel market growth over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Protection Equipment Market Research Report
By Type
Extinguisher, Fire Hydrant, Respirator, Other
By Application
Municipal Fire Service, Industrial, Commercial, Residential, Other
By Companies
Honeywell, Johnson Controls, Robert Bosch, Siemens, Johnson Controls, Napco Security, Cooper, ADT Security Services, ANAF, Britannia Fire, Honeywell, Hiren Industrial Corporation, Larsen Manufacturing, IFSE, Supremex, Tian Guang, Iowa Fire Equipment Company, Naffco, ILT Industrie-Luftfiltertechnik
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Fire Protection Equipment Market Report Segments:
The global Fire Protection Equipment market is segmented on the basis of:
Types
Extinguisher, Fire Hydrant, Respirator, Other
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
Municipal Fire Service, Industrial, Commercial, Residential, Other
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:
- Honeywell
- Johnson Controls
- Robert Bosch
- Siemens
- Johnson Controls
- Napco Security
- Cooper
- ADT Security Services
- ANAF
- Britannia Fire
- Honeywell
- Hiren Industrial Corporation
- Larsen Manufacturing
- IFSE
- Supremex
- Tian Guang
- Iowa Fire Equipment Company
- Naffco
- ILT Industrie-Luftfiltertechnik
Highlights of The Fire Protection Equipment 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:
- Extinguisher
- Fire Hydrant
- Respirator
- Other
- By Application:
- Municipal Fire Service
- Industrial
- Commercial
- Residential
- Other
- 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 Protection Equipment 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 protection equipment is any device or system used to protect people, property, and the environment from fire. This can include items such as fire extinguishers, alarms, and sprinklers.
Some of the key players operating in the fire protection equipment market are Honeywell, Johnson Controls, Robert Bosch, Siemens, Johnson Controls, Napco Security, Cooper, ADT Security Services, ANAF, Britannia Fire, Honeywell, Hiren Industrial Corporation, Larsen Manufacturing, IFSE, Supremex, Tian Guang, Iowa Fire Equipment Company, Naffco, ILT Industrie-Luftfiltertechnik.
The fire protection equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Protection Equipment 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 Protection Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Protection Equipment 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 Protection Equipment 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 Protection Equipment Market Size & Forecast, 2020-2028
4.5.1 Fire Protection Equipment Market Size and Y-o-Y Growth
4.5.2 Fire Protection Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Extinguisher
5.2.2 Fire Hydrant
5.2.3 Respirator
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Municipal Fire Service
6.2.2 Industrial
6.2.3 Commercial
6.2.4 Residential
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Protection Equipment 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 Protection Equipment 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Extinguisher
9.6.2 Fire Hydrant
9.6.3 Respirator
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Municipal Fire Service
9.10.2 Industrial
9.10.3 Commercial
9.10.4 Residential
9.10.5 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Extinguisher
10.6.2 Fire Hydrant
10.6.3 Respirator
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Municipal Fire Service
10.10.2 Industrial
10.10.3 Commercial
10.10.4 Residential
10.10.5 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Extinguisher
11.6.2 Fire Hydrant
11.6.3 Respirator
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Municipal Fire Service
11.10.2 Industrial
11.10.3 Commercial
11.10.4 Residential
11.10.5 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Extinguisher
12.6.2 Fire Hydrant
12.6.3 Respirator
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Municipal Fire Service
12.10.2 Industrial
12.10.3 Commercial
12.10.4 Residential
12.10.5 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Extinguisher
13.6.2 Fire Hydrant
13.6.3 Respirator
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Municipal Fire Service
13.10.2 Industrial
13.10.3 Commercial
13.10.4 Residential
13.10.5 Other
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 Protection Equipment Market: Competitive Dashboard
14.2 Global Fire Protection Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Johnson Controls
14.3.3 Robert Bosch
14.3.4 Siemens
14.3.5 Johnson Controls
14.3.6 Napco Security
14.3.7 Cooper
14.3.8 ADT Security Services
14.3.9 ANAF
14.3.10 Britannia Fire
14.3.11 Honeywell
14.3.12 Hiren Industrial Corporation
14.3.13 Larsen Manufacturing
14.3.14 IFSE
14.3.15 Supremex
14.3.16 Tian Guang
14.3.17 Iowa Fire Equipment Company
14.3.18 Naffco
14.3.19 ILT Industrie-Luftfiltertechnik
