The Latin America, Middle East and Africa Fire Suppression System Market would witness market growth of 7.9% CAGR during the forecast period (2021-2027).
In LAMEA, there is rapid development in infrastructure and an increase in the construction industry in the emerging nations, which are witnessed to contribute to the growth of the fire suppression system market. This region is witnessing developments in technology, which is giving rise to the introduction of a wireless and addressable system that will improve the response time and reduce false alarm cases. In addition, the integration of advancements like hypoxic air technology, infrared/laser optical smoke detectors, wireless fire alarm systems, water mist technology, and voice evacuation announcements with fire protection system is giving new features to the fire suppression system due to which, the demand for the fire suppression system is surging in this region.
In contrast, some underdeveloped nations are still waiting to witness an increase in the demand for fire suppression systems, owing to the lack of stringent regulations and the high cost of installation. These are the major factors hampering the growth of the fire suppression system market in underdeveloped nations. Moreover, the rapid developments and growing economic conditions of nations like Brazil are anticipated to propel the demand in the upcoming years. In the developing nations of this region, the government is taking initiatives to spread awareness among the population regarding fire safety measures and systems, this is another factor contributing to the growth of the fire suppression system market in the region.
Various kinds of regulations are imposed by the government for the adoption of fire safety standards due to the growing number of fire accidents around the world which is also estimated to accelerate the implementation of fire suppression systems in residential and commercial sectors. In addition, insurance companies are also focusing on making it compulsory to check the installation of fire suppression systems before giving insurance to any building. Consequently, there is a large number of installations in residential apartments, hospitals, offices, restaurants, schools, hotels, and households.
The Industrial in the South Africa Fire Suppression System Market by Application would achieve a market value of $112.7 million by 2027. The Commercial market is estimated to grow at a CAGR of 8.8% during (2021 - 2027). The Residential market is expected to witness a CAGR of 9.8% during (2021 - 2027).
Based on Product, the market is segmented into Fire Extinguisher and Fire Sprinkler. Fire Extinguisher segment is further bifurcated across Dry Chemical Powder, Water, Gas, and Others. Based on Application, the market is segmented into Industrial, Commercial and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Fire Suppression System Market is Predict to reach $23.5 Billion by 2027, at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Honeywell International, Inc., Siemens AG, Carrier Corporation, Johnson Controls International PLC, Hochiki Corporation, Gentex Corporation, Halma PLC, Minimax Viking GmbH, and Fike Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Fire Extinguisher
- Dry Chemical Powder
- Water
- Gas
- Others
- Fire Sprinkler
By Application
- Industrial
- Commercial
- Residential
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Honeywell International, Inc.
- Siemens AG
- Carrier Corporation
- Johnson Controls International PLC
- Hochiki Corporation
- Gentex Corporation
- Halma PLC
- Minimax Viking GmbH
- Fike Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Fire Suppression System Market, by Product
1.4.2 LAMEA Fire Suppression System Market, by Application
1.4.3 LAMEA Fire Suppression System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 Impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, Jun – 2021, Jun) Leading Players
Chapter 4. LAMEA Fire Suppression System Market by Product
4.1 LAMEA Fire Suppression System Fire Extinguisher Market by Country
4.2 LAMEA Fire Suppression System Market by Fire Extinguisher Type
4.2.1 LAMEA Fire Suppression System Dry Chemical Powder Market by Country
4.2.2 LAMEA Fire Suppression System Water Market by Country
4.2.3 LAMEA Fire Suppression System Gas Market by Country
4.2.4 LAMEA Other Fire Extinguisher Type Fire Suppression System Market by Country
4.3 LAMEA Fire Suppression System Fire Sprinkler Market by Country
Chapter 5. LAMEA Fire Suppression System Market by Application
5.1 LAMEA Industrial Fire Suppression System Market by Country
5.2 LAMEA Commercial Fire Suppression System Market by Country
5.3 LAMEA Residential Fire Suppression System Market by Country
Chapter 6. LAMEA Fire Suppression System Market by Country
6.1 Brazil Fire Suppression System Market
6.1.1 Brazil Fire Suppression System Market by Product
6.1.1.1 Brazil Fire Suppression System Market by Fire Extinguisher Type
6.1.2 Brazil Fire Suppression System Market by Application
6.2 Argentina Fire Suppression System Market
6.2.1 Argentina Fire Suppression System Market by Product
6.2.1.1 Argentina Fire Suppression System Market by Fire Extinguisher Type
6.2.2 Argentina Fire Suppression System Market by Application
6.3 UAE Fire Suppression System Market
6.3.1 UAE Fire Suppression System Market by Product
6.3.1.1 UAE Fire Suppression System Market by Fire Extinguisher Type
6.3.2 UAE Fire Suppression System Market by Application
6.4 Saudi Arabia Fire Suppression System Market
6.4.1 Saudi Arabia Fire Suppression System Market by Product
6.4.1.1 Saudi Arabia Fire Suppression System Market by Fire Extinguisher Type
6.4.2 Saudi Arabia Fire Suppression System Market by Application
6.5 South Africa Fire Suppression System Market
6.5.1 South Africa Fire Suppression System Market by Product
6.5.1.1 South Africa Fire Suppression System Market by Fire Extinguisher Type
6.5.2 South Africa Fire Suppression System Market by Application
6.6 Nigeria Fire Suppression System Market
6.6.1 Nigeria Fire Suppression System Market by Product
6.6.1.1 Nigeria Fire Suppression System Market by Fire Extinguisher Type
6.6.2 Nigeria Fire Suppression System Market by Application
6.7 Rest of LAMEA Fire Suppression System Market
6.7.1 Rest of LAMEA Fire Suppression System Market by Product
6.7.1.1 Rest of LAMEA Fire Suppression System Market by Fire Extinguisher Type
6.7.2 Rest of LAMEA Fire Suppression System Market by Application
Chapter 7. Company Profiles
7.1 Robert Bosch GmbH
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent Strategies and Developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Honeywell International, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional & Segmental Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent Strategies and Developments:
7.2.5.1 Acquisitions and Mergers:
7.2.5.2 Product Launches and Product Expansions:
7.2.6 SWOT Analysis
7.3 Siemens AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Halma PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent Strategies and Developments:
7.4.5.1 Acquisitions and Mergers:
7.5 Johnson Controls International PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent Strategies and Developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Gentex Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Carrier Global Corporation (Chubb Fire & Security Group)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent Strategies and Developments:
7.7.5.1 Product launches and Product Expansions:
7.8 Hochiki Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent Strategies and Developments:
7.8.5.1 Product Launches and Product Expansions:
7.9 Minimax Fire Solutions International GmbH
7.9.1 Company Overview
7.10. Fike Corporation
7.10.1 Company Overview
7.10.2 Recent Strategies and Developments:
7.10.2.1 Product Launches and Product Expansions:
TABLE 1 LAMEA Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fire Suppression System Market
TABLE 4 Product Launches And Product Expansions– Fire Suppression System Market
TABLE 5 Acquisition and Mergers– Fire Suppression System Market
TABLE 6 LAMEA Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 7 LAMEA Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 8 LAMEA Fire Suppression System Fire Extinguisher Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Fire Suppression System Fire Extinguisher Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 11 LAMEA Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 12 LAMEA Fire Suppression System Dry Chemical Powder Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Fire Suppression System Dry Chemical Powder Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Fire Suppression System Water Market by Country, 2017 - 2020, USD Million
TABLE 15 LAMEA Fire Suppression System Water Market by Country, 2021 - 2027, USD Million
TABLE 16 LAMEA Fire Suppression System Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Fire Suppression System Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Other Fire Extinguisher Type Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Other Fire Extinguisher Type Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Fire Suppression System Fire Sprinkler Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Fire Suppression System Fire Sprinkler Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 23 LAMEA Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 24 LAMEA Industrial Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Industrial Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Commercial Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Commercial Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Residential Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Residential Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 32 Brazil Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 33 Brazil Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 34 Brazil Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 35 Brazil Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 36 Brazil Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 37 Brazil Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 38 Brazil Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 39 Brazil Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 40 Argentina Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 41 Argentina Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 42 Argentina Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 43 Argentina Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 44 Argentina Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 45 Argentina Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 46 Argentina Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 47 Argentina Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 48 UAE Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 49 UAE Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 50 UAE Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 51 UAE Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 52 UAE Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 53 UAE Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 54 UAE Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 55 UAE Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 56 Saudi Arabia Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 57 Saudi Arabia Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 58 Saudi Arabia Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 59 Saudi Arabia Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 60 Saudi Arabia Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 61 Saudi Arabia Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 62 Saudi Arabia Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 63 Saudi Arabia Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 64 South Africa Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 65 South Africa Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 66 South Africa Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 67 South Africa Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 68 South Africa Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 69 South Africa Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 70 South Africa Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 71 South Africa Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 72 Nigeria Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 73 Nigeria Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 74 Nigeria Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 75 Nigeria Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 76 Nigeria Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 77 Nigeria Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 78 Nigeria Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 79 Nigeria Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 80 Rest of LAMEA Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 81 Rest of LAMEA Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 82 Rest of LAMEA Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 83 Rest of LAMEA Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 84 Rest of LAMEA Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 85 Rest of LAMEA Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 86 Rest of LAMEA Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 87 Rest of LAMEA Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 88 key information – Robert Bosch GmbH
TABLE 89 Key information – Honeywell International, Inc.
TABLE 90 Key Information – Siemens AG
TABLE 91 key Information – Halma PLC
TABLE 92 Key Information – Johnson Controls International PLC
TABLE 93 Key Information – Gentex Corporation
TABLE 94 Key Information – Carrier Global Corporation
TABLE 95 Key Information – Hochiki Corporation
TABLE 96 Key Information – Minimax Fire Solutions International GmbH
TABLE 97 Key Information – Fike Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Jun – 2021, Jun) Leading Players
FIG 5 Swot analysis: Robert bosch gmbh
FIG 6 Recent Strategies and Developments: Honeywell International, Inc.
FIG 7 Swot analysis: Honeywell international, inc.
FIG 8 Swot analysis: Siemens AG
FIG 9 Recent Strategies and Developments: Johnson Controls International PLC
FIG 10 swot analsyis: Johnson controls international plc