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Fire Protection Systems Market Size By Component (Hardware [Fire Suppression, Fire Sprinkler System, Fire Detection, Fire Response], Software, Services [Installation and Design Services, Maintenance Service]), By Type (Active Fire Protection Systems, Passive Fire Protection Systems), By End Use (Commercial [Retail, Hospital, Hospitality, Private and Government Offices], Residential, Industrial [Manufacturing, Energy & Power, Oil, Gas and Mining]), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027

  • Report ID: GMI4951
  • Published Date: Feb 2021
  • Report Format: PDF

Industry Trends

Fire Protection Systems Market size exceeded USD 50 billion in 2020 and is projected to grow at 5.5% CAGR from 2021 to 2027. Rapid development of smart cities and smart buildings across the globe is contributing to the industry growth.

Rise in the number of fire accidents and deaths across the globe is anticipated to drive the market demand. To improve the overall fire safety and enhance the market share, companies are introducing new systems and devices integrated with new technologies such as IoT, Al, and others. For instance, in September 2018, Napco Security Technologies, launched a device, StarLink Fire LTE Universal Commercial Fire Cellular communicator, which provides the daily data through messages and can be connected to any brand of fire alarm system. The fire protection systems detect and analyze the fire condition within the premises, leading to less damage and loss of property.

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The rise in urbanization and development of residential, commercial, and industrial infrastructure are increasing the need for fire protection systems and is expected to improve the fire protection systems market size. For instance, in 2020, Invest India reported that the Indian real estate received an investment of around USD 5 billion for the development of new institute buildings integrated with fire protection devices and advanced security systems to improve the safety of individuals. Fire protection systems are being installed in new infrastructure to reduce the spread of fire or greenhouse gases, providing positive outlook to market.

One of the major industry challenges hampering the market growth is high initial investment for setting up the production facilities. The development of fire protection systems requires machinery, expertise, electronic components, sensors, and other useful components, leading to increase in the overall price, resulting a negative impact on the market. Similarly, the development of fire protection systems devices integrated with technologies, such as AI and IoT, is also increasing the cost.

COVID-19 negatively impacted the market size in 2020 on account of the implementation of lockdown by government authorities to reduce the spread of the virus. The pandemic has reduced the construction & infrastructure activities owing to lockdown and lack of funds and labor, reducing the sales of fire protection systems, hampering the market demand.

The lack of labor and disruption in the supply chain had resulted in the shutdown of production facilities across various countries. The rising health and financial insecurity among individuals also restricted the spending on fire protection devices which is affecting the market statistics.

Growing demand for software for designing the installation of fire protection systems in commercial and industrial sectors

The North America software segment is estimated to expand at more than 6% CAGR during 2021 to 2027. The software provides an overall design analysis of the building, industry, allowing the architect and engineer to install fire protection systems, including fire detection devices, and sprinklers, at suitable areas to avoid the damage to the building and reduce the causality during the outbreak of fire.

The increasing demand for fire analysis software to design, analyze, and reduce the spread of fire outbreak in buildings and industries is a major factor driving the fire protection systems market. The companies are focusing on the development of software to enhance the safety of individuals in fire crisis. For instance, in May 2019, Siemens AG launched an online cloud-based fire protection software Cerberus Portal to monitor the overall functionality of fire systems. The software is capable to run on different devices such as tablets, PC, and laptops.

Growing requirement for water sprinkler is propelling the active fire protection demand

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The European active fire protection systems market is poised to witness growth rate of above 4% through 2027. The rising digitalization, integration of advanced technology within the devices, and demand for fire alarm systems are some of the factors boosting the market revenue. These types of protection systems use spray systems and water sprinklers across industrial plants, manufacturing units, commercial, and residential sectors for controlling or extinguishing the fire.

Growing development of commercial infrastructure is increasing the fire protection systems market demand

The Asia Pacific commercial segment held a share of over 45% in 2020 and is contributing towards market growth to rising urbanization and development of new commercial complexes such as malls, offices, retail shops, showrooms, hotels, and restaurants. The demand for advanced systems including fire detectors, extinguisher systems, and sprinklers in the commercial sector is increasing owing to rise in government regulations to enhance the safety of individuals and reduce property damage. For instance, to improve the functionality of fire alarms, OSHO has set guidelines, which state that the sound of the commercial fire alarm systems should be loud and heard over ambient noise to reduce the loss during fire.

Rising government regulations are fueling the Europe market

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The Europe fire protection systems market surpassed USD 13.5 billion in 2020 and is likely to grow at a moderate rate from 2021 to 2027 driven by stable growth in end-use industries such as oil & gas, manufacturing, building & construction, and aerospace. The growth in the construction industry is increasing the demand for fire protection systems due to the implementation of stringent regulations and laws associated with safety which is impacting towards a positive growth of the market. The governments in France, Germany Norway, Finland, the UK, the Netherlands, Denmark, Ireland, and France have mandated the installation of smoke alarms in residential housing, augmenting the market revenue.

Product development and global expansion are at the forefront of company’s strategic initiatives

The major industry players are focusing on strategies, such as product development, collaboration, and merger & acquisition, for the expansion of their presence in the untapped regions. For instance, in November 2020, Honeywell International, Inc. launched a cloud-based technology solution, which was developed to offer improved connectivity and visibility to fire detection systems. This enhances the overall operational efficiency of newly installed and retrofitted wireless fire detection systems.

Some of the market players present in the fire protection systems market are ENCORE FIRE PROTECTION, Fike Corporation, FIRE SUPPRESSION LIMITED, Hochiki Corporation, Gentex Corporation, Halma PLC, Honeywell International Inc., Johnson Controls International PLC, NAPCO SECURITY TECHNOLOGIES, Raytheon Technologies, Schneider Electric, SCHRACK SECONET AG, Securiton AG, Siemens AG, Victaulic Co., Robert Bosch GmbH, Viking Automatic Sprinkler Company, and Viking Group Inc.

This market research report on fire protection systems includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2021 to 2027 for the following segments:

Market, By Component

  • Hardware
    • Fire Suppression
    • Fire Sprinkler System
    • Fire Detection
    • Fire Response
  • Software
  • Services
    • Installation and Design Services
    • Maintenance Service

Market, By Type

  • Active Fire Protection Systems
  • Passive Fire Protection Systems

Market, By End-Use

  • Residential
  • Commercial
    • Retail
    • Hospital
    • Hospitality
    • Private and Government Offices
    • Others
  • Industrial
    • Manufacturing
    • Energy & Power
    • Oil, Gas and Mining
    • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
Authors: Preeti Wadhwani, Prasenjit Saha

Frequently Asked Questions (FAQ) :

The global market for fire protection systems was valued at over USD 50 billion in 2020 and will witness 5.5% CAGR through 2027.
North America market share from the software segment will expand at more than 6% CAGR between 2021-2027 as the component helps to provide an overall design analysis of buildings.
Europe active fire protection systems industry share is estimated to see over 4% CAGR up to 2027 with rapid digitalization of systems and integration of new technologies in devices.
The commercial sector accounted for more than 45% share of the APAC market during 2020 due to factors like fast paced industrialization and increased development of commercial complexes.

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 18
  • Tables & Figures: 409
  • Countries covered: 15
  • Pages: 250
  • Upcoming Report: Details can be customized to meet your information and data needs. Feel free to share your detailed research requirements via this form.

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