The North America Fire Suppression System Market would witness market growth of 5.3% CAGR during the forecast period (2021-2027).
In North America, advanced technologies like building automation, human-machine interface solutions, nanotechnology, wireless sensory networks, Internet of Things (IoT), and smart building are being launched in the fire suppression systems market. Sensors & detectors communication through control units and intelligent sensors with networking capabilities leads to an increase in the efficiency of the fire suppression system. In addition, infrastructural and robust government regulations are some factors that are surging the demand for fire suppression systems, thereby the growth of the regional fire suppression system market is anticipated to augment in the upcoming period.
Moreover, this region is witnessing an increase in the construction of multistory, high-rise buildings and therefore, demanding the installation of fire suppression systems to reduce the risk and loss that would be caused by fire outbreaks. Further, Canada and the US are the countries in this region that are witnessing major infrastructural developments due to the growing number of population and thus, are propelling the demand for the adoption of fire suppression systems. Furthermore, the demand for fire suppression systems has been increased in several sectors, especially industrial. The high risk of fire hazard has been identified in the industrial sector, owing to the presence of several flammables like oil & gas and operations like mining, fuel, manufacturing, and others. This increase in fire incidents and government mandates for workplace safety are bolstering the regional market of the fire suppression system.
Robust rules and regulations circulated by several governments around the world are making it mandatory for the owners to install fire suppression systems within their property of infrastructure. In addition, the codes and standards set by the National Fire Protection Association (NFPA), state that installation of such preventive systems will help at the time of any emergency. Additionally, the American Petroleum Institute provides various resources to assist officials of the oil & gas industry, which helps in detecting fire threats and offers solutions to avoid any kind of accident.
The US in the North America Fire Suppression System Fire Sprinkler Market by Country would achieve a market value of $3,012.4 million by 2027. The Canada market is experiencing a CAGR of 8.1% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 7.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Fire Suppression System Market is Estimated to Reach USD 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Fire Suppression System Market, by Product
1.4.2 North America Fire Suppression System Market, by Application
1.4.3 North America 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. North America Fire Suppression System Market by Product
4.1 North America Fire Suppression System Fire Extinguisher Market by Country
4.2 North America Fire Suppression System Market by Fire Extinguisher Type
4.2.1 North America Fire Suppression System Dry Chemical Powder Market by Country
4.2.2 North America Fire Suppression System Water Market by Country
4.2.3 North America Fire Suppression System Gas Market by Country
4.2.4 North America Other Fire Extinguisher Type Fire Suppression System Market by Country
4.3 North America Fire Suppression System Fire Sprinkler Market by Country
Chapter 5. North America Fire Suppression System Market by Application
5.1 North America Industrial Fire Suppression System Market by Country
5.2 North America Commercial Fire Suppression System Market by Country
5.3 North America Residential Fire Suppression System Market by Country
Chapter 6. North America Fire Suppression System Market by Country
6.1 US Fire Suppression System Market
6.1.1 US Fire Suppression System Market by Product
6.1.1.1 US Fire Suppression System Market by Fire Extinguisher Type
6.1.2 US Fire Suppression System Market by Application
6.2 Canada Fire Suppression System Market
6.2.1 Canada Fire Suppression System Market by Product
6.2.1.1 Canada Fire Suppression System Market by Fire Extinguisher Type
6.2.2 Canada Fire Suppression System Market by Application
6.3 Mexico Fire Suppression System Market
6.3.1 Mexico Fire Suppression System Market by Product
6.3.1.1 Mexico Fire Suppression System Market by Fire Extinguisher Type
6.3.2 Mexico Fire Suppression System Market by Application
6.4 Rest of North America Fire Suppression System Market
6.4.1 Rest of North America Fire Suppression System Market by Product
6.4.1.1 Rest of North America Fire Suppression System Market by Fire Extinguisher Type
6.4.2 Rest of North America 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 North America Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 7 North America Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 8 North America Fire Suppression System Fire Extinguisher Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Fire Suppression System Fire Extinguisher Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 11 North America Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 12 North America Fire Suppression System Dry Chemical Powder Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Fire Suppression System Dry Chemical Powder Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Fire Suppression System Water Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Fire Suppression System Water Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Fire Suppression System Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Fire Suppression System Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Other Fire Extinguisher Type Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Other Fire Extinguisher Type Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Fire Suppression System Fire Sprinkler Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Fire Suppression System Fire Sprinkler Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 23 North America Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 24 North America Industrial Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Industrial Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Commercial Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Commercial Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Residential Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Residential Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Fire Suppression System Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Fire Suppression System Market by Country, 2021 - 2027, USD Million
TABLE 32 US Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 33 US Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 34 US Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 35 US Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 36 US Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 37 US Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 38 US Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 39 US Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 40 Canada Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 41 Canada Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 42 Canada Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 43 Canada Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 44 Canada Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 45 Canada Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 46 Canada Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 47 Canada Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 48 Mexico Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 49 Mexico Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 50 Mexico Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 51 Mexico Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 52 Mexico Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 53 Mexico Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 54 Mexico Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 55 Mexico Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 56 Rest of North America Fire Suppression System Market, 2017 - 2020, USD Million
TABLE 57 Rest of North America Fire Suppression System Market, 2021 - 2027, USD Million
TABLE 58 Rest of North America Fire Suppression System Market by Product, 2017 - 2020, USD Million
TABLE 59 Rest of North America Fire Suppression System Market by Product, 2021 - 2027, USD Million
TABLE 60 Rest of North America Fire Suppression System Market by Fire Extinguisher Type, 2017 - 2020, USD Million
TABLE 61 Rest of North America Fire Suppression System Market by Fire Extinguisher Type, 2021 - 2027, USD Million
TABLE 62 Rest of North America Fire Suppression System Market by Application, 2017 - 2020, USD Million
TABLE 63 Rest of North America Fire Suppression System Market by Application, 2021 - 2027, USD Million
TABLE 64 key information – Robert Bosch GmbH
TABLE 65 Key information – Honeywell International, Inc.
TABLE 66 Key Information – Siemens AG
TABLE 67 key Information – Halma PLC
TABLE 68 Key Information – Johnson Controls International PLC
TABLE 69 Key Information – Gentex Corporation
TABLE 70 Key Information – Carrier Global Corporation
TABLE 71 Key Information – Hochiki Corporation
TABLE 72 Key Information – Minimax Fire Solutions International GmbH
TABLE 73 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