How big is the Fire Safety Systems Market?

The Fire Safety Systems Market size is expected to reach USD 70.31 billion in 2024 and grow at a CAGR of 6.67% to reach USD 97.10 billion by 2029. Read More

What is the current Fire Safety Systems Market size?

In 2024, the Fire Safety Systems Market size is expected to reach USD 70.31 billion. Read More

Who are the key players in Fire Safety Systems Market?

Johnson Controls, Honeywell International Inc., Bosch Security Systems GmbH, Siemens and Gentex Corporation are the major companies operating in the Fire Safety Systems Market. Read More

Which is the fastest growing region in Fire Safety Systems Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Fire Safety Systems Market?

In 2024, the North America accounts for the largest market share in Fire Safety Systems Market. Read More

What years does this Fire Safety Systems Market cover, and what was the market size in 2023?

In 2023, the Fire Safety Systems Market size was estimated at USD 65.91 billion. The report covers the Fire Safety Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fire Safety Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the key factors driving the Fire Safety Systems Market?

Key factors driving the Fire Protection Market are a) Increasing awareness about safety and security b) Stringent government regulations c) Technological advancements in fire safety systems Read More

What are the challenges faced by the Fire Safety Systems Market?

Key challenges faced by the Fire Safety System Industry are a) High installation and maintenance costs b) Complexity of systems c) Lack of standardization across different regions Read More

Fire Protection Systems Market Analysis | Industry Growth, Size & Forecast Report

Fire Protection Systems Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The report covers Global Industrial Fire Safety Market Size and is segmented by Technology (Passive Fire Safety Systems, Active Fire Safety Systems), by Product (Fire Detector (Detectors, alarms), Fire Suppression (Gas, Foam, Other Fire Suppression Products)), by End-User (Commercial, Industrial, Government, Other End), and by Geography (North America (United States, Canada) Europe (United Kingdom, Germany, France, Rest of Europe) Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Fire Safety Systems Industry Overview

The Fire Safety Systems Market is very competitive. Some of the significant players in the market are Johnson Controls, Honeywell International Inc., Gentex Corporation, Siemens, Bosch Security Systems GmbH, Halma Plc, and many more.

In October 2022, Johnson Controls acquired Rescue Air Systems to enhance its fire suppression portfolio. It is a leading provider of Firefighter Air Replenishment Systems (FARS) that enable firefighters to refill breathing air bottles within a building during responses. This equipment serves a rapidly growing safety better vertical and complies with jurisdictions where FARS are increasingly required by code. As the company helps improve building fire protection, the customers will benefit from a single, trusted source for residential and commercial fire suppression solutions and specialty applications.
In April 2022, Johnson Controls acquired Xcell Misting Ltd, a fire protection company that designs and installs fire suppression and detection systems. Johnson Controls said the clients would benefit from the firm's experience in fire protection and security by gaining access to the latest fire suppression technologies. Norwich-based Xcell Misting specializes in innovative water mist technologies. The company's team of fire professionals, engineers, installers, and managers design and deploy fire protection systems across the UK, providing 24/7 support in sectors including food, technology, and data centers, high-hazard and gas turbines, car plants, and residential and waste management.