Product Code: COAM2202
According to SPER Market Research, the Fire Safety Equipment market is estimated to reach USD 113.21 billion by 2030 with a CAGR of 6.9%.
The rapid growth of the construction industry is expected to propel the growth of the fire safety equipment market going forward. For instance, according to Invest India, an India-based investment promotion and facilitation agency, the construction industry is expected to reach $1. 4 trillion by 2025. Therefore, the rapid growth of the construction industry drives the growth of the fire safety equipment market.
Through this partnership, these two companies will work together in areas of research, student internships, fire protection engineering, and community awareness initiatives. In January 2021, CertaSite, a US-based company that provides fire protection services acquired Great Lakes Fire & Safety Equipment Company for an undisclosed amount. This deal helps the company to develop its customer base and enlarge into new markets under CertaSite.
Impact of COVID-19 on the Fire Safety Equipment Market
The outbreak of the COVID-19 pandemic impacted the fire safety market adversely in the early quarters of 2020. This has resulted in a reduction in the installation of new fire safety equipment in industrial and commercial applications. However, increased spending on new construction activities and the replacement of obsolete fire alarms and sprinklers and detectors are expected to witness the overall growth of the fire safety equipment market in the forthcoming years.
Scope of the report:
- Market size available for years: 2019-2030
- Base year considered: 2021
- Forecast period: 2022-2030
- Segments covered: By Product, By Solution, By Technology, By Application
- Geographies covered: North America, Europe, Asia Pacific, Latin America, Middle East, Africa
Companies Covered: Bosch Security System Inc., Eaton Corporation Inc., Gentex Corporation, Hamla PLC., Hiren Industrial Corporation, Hochiki Corporation, Honeywell International Inc., Johnson Controls International Plc., Larsen Manufacturing, Lowa Fire Equipment Company, NAFFCO, Napco Security Technologies Inc., Nittan Company Ltd., Siemens Building Technologies Pvt. Ltd., Space Age Electronics.
Fire Safety Equipment Global Market, By Product:
Based on the product, Fire Safety Equipment Global Market is segmented as; Extinguisher, Fire Hydrant, Respirator, Other Products.
Fire Safety Equipment Global Market, By Solution:
Based on the solution, Fire Safety Equipment Global Market is segmented as; Fire Detection, Fire Suppression
Fire Safety Equipment Global Market, By Technology:
Based on the technology, Fire Safety Equipment Global Market is segmented as; Active Fire Safety Systems, Passive Fire Safety Systems
Fire Safety Equipment Global Market, By Application:
Based on the application, Fire Safety Equipment Global Market is segmented as; Commercial, Industrial, Residential
Fire Safety Equipment Global Market, By Region:
North America was the largest region in the fire safety equipment market in 2021. The regions covered in the global fire safety market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1 Research data source
- 2.1.1 Secondary data
- 2.1.2 Primary data
- 2.1.3 SPER's internal database
- 2.1.4 Premium insight from KOL's
- 2.2 Market size estimation
- 2.2.1 Top-down and Bottom-up approach
- 2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1 Drivers
- 4.1.2 Restraints
- 4.1.3 Opportunities
- 4.1.4 Challenges
- 4.2. COVID-19 Impacts of the Fire Safety Equipment Market
5. Market variables and outlook
- 5.1. SWOT analysis
- 5.1.1 Strengths
- 5.1.2 Weaknesses
- 5.1.3 Opportunities
- 5.1.4 Threats
- 5.2. PESTEL analysis
- 5.2.1 Political landscape
- 5.2.2 Economic landscape
- 5.2.3 Social landscape
- 5.2.4 Technological landscape
- 5.2.5 Environmental landscape
- 5.2.6 Legal landscape
- 5.3. PORTER'S five forces analysis
- 5.3.1 Bargaining power of suppliers
- 5.3.2 Bargaining power of Buyers
- 5.3.3 Threat of Substitute
- 5.3.4 Threat of new entrant
- 5.3.5 Competitive rivalry
- 5.4. Heat map analysis
6. Fire Safety Equipment Global Market, By Product, 2019-2030 (USD Million)
- 6.1. Extinguisher
- 6.2. Fire Hydrant
- 6.3. Respirator
- 6.4. Other products
7. Fire Safety Equipment Global Market, By Solution, 2019-2030 (USD Million)
- 7.1. Fire detection
- 7.2. Fire suppression
8. Fire Safety Equipment Global Market, By Technology, 2019-2030 (USD Million)
- 8.1. Active Fire Safety Systems
- 8.2. Passive Fire Safety Systems
9. Fire Safety Equipment Global Market, By Application, 2019-2030 (USD Million)
- 9.1. Industrial
- 9.2. Residential
10. Fire Safety Equipment Global Market, By Region, 2019-2030 (USD Million)
- 10.1. North America
- 10.1.1. United States
- 10.1.2. Canada
- 10.1.3. Mexico
- 10.2. Europe
- 10.2.1. Germany
- 10.2.2. United Kingdom
- 10.2.3. France
- 10.2.4. Italy
- 10.2.5. Spain
- 10.2.6. Rest of Europe
- 10.3. Asia-Pacific
- 10.3.1. China
- 10.3.2. Japan
- 10.3.3. India
- 10.3.4. Australia
- 10.3.5. South Korea
- 10.3.6. Rest of Asia-Pacific
- 10.4. South America
- 10.4.1. Brazil
- 10.4.2. Argentina
- 10.4.3. Rest of South America
- 10.5. Middle East & Africa
- 10.5.1. Kingdom of Saudi Arabia
- 10.5.2. United Arab Emirates
- 10.5.3. Rest of Middle East & Africa
11. Company Profiles
- 11.1. Bosch Security System Inc.
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. Eaton Corporation Inc.
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Gentex Corporation
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Hamla PLC.
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Hiren Industrial Corporation
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Hochiki Corporation
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Honeywell International Inc.
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Johnson Controls International Plc.
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Larsen Manufacturing
- 11.9.5. Company details
- 11.9.6. Financial outlook
- 11.9.7. Product summary
- 11.9.8. Recent developments
- 11.10. Lowa Fire Equipment Company
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. NAFFCO
- 11.11.9. Company details
- 11.11.10. Financial outlook
- 11.11.11. Product summary
- 11.11.12. Recent developments
- 11.12. Napco Security Technologies Inc.
- 11.12.5. Company details
- 11.12.6. Financial outlook
- 11.12.7. Product summary
- 11.12.8. Recent developments
- 11.13. Nittan Company Ltd.
- 11.13.13. Company details
- 11.13.14. Financial outlook
- 11.13.15. Product summary
- 11.13.16. Recent developments
- 11.14. Siemens Building Technologies Pvt. Ltd.
- 11.14.9. Company details
- 11.14.10. Financial outlook
- 11.14.11. Product summary
- 11.14.12. Recent developments
- 11.15. Space Age Electronics
- 11.15.13. Company details
- 11.15.14. Financial outlook
- 11.15.15. Product summary
- 11.15.16. Recent developments