Dublin, Jan. 21, 2025 (GLOBE NEWSWIRE) -- The "Global Fire Protection Systems" report has been added to ResearchAndMarkets.com's offering.
The global fire protection systems market recorded revenues of $78.9 billion in 2023, representing a compound annual growth rate (CAGR) of 2.2% between 2018 and 2023.
Global Fire Protection Systems industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Market scope encompasses products related to fire suppression, sprinklers, detection, analysis, and response. Market value represents revenue generated by market players in a specific year.
- The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $47.3 billion, equivalent to 59.9% of the market's overall value.
- The fire protection system market is driven by well-established regulatory standards set forth by agencies like the National Fire Protection Association (NFPA) and the Occupational Safety and Health Administration (OSHA) in the United States, as well as the Canadian Standards Association (CSA) in Canada. The NFPA publishes widely adopted codes, such as NFPA 72 for fire alarm systems and NFPA 13 for sprinkler systems, which are mandatory in various sectors, from commercial spaces to industrial facilities.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fire protection systems market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global fire protection systems market
- Leading company profiles reveal details of key fire protection systems market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global fire protection systems market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Global fire protection systems market by value in 2023?
- What will be the size of the Global fire protection systems market in 2028?
- What factors are affecting the strength of competition in the Global fire protection systems market?
- How has the market performed over the last five years?
- Who are the top competitors in the global fire protection systems market?
Key Topics Covered:
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the most recent market developments?
8 Company Profiles
8.1. Johnson Controls International Plc
8.2. Honeywell International Inc
8.3. Carrier Global Corp
8.4. Siemens AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/4itvsk
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