The global automated fire protection system market size is projected to reach USD 106,091.3 million in 2024. It is predicted to surge at a CAGR of 8% during the forecast period to reach a value of USD 228,568.5 million by 2034. The market is estimated to witness a y-o-y growth rate of 7.3% in 2024.
An automated fire protection system is designed to automatically detect, suppress, and respond to fire in several environments without the need for human intervention. These systems generally consist of four parts, including fire detection, fire extenuation, fire suppression, and fire response. The demand for smart fire protection systems is estimated to increase by 1.8 times by 2034 from the current value.
Attributes | Description |
---|---|
Estimated Global Automated Fire Protection System Market Size (2024E) | USD 106,091.3 million |
Projected Global Automated Fire Protection System Market Value (2034F) | USD 228,568.5 million |
Value-based CAGR (2024 to 2034) | 8% |
The protection systems provide enhanced safety compared to the conventional ones. Fire protection systems are crucial in data centers and IT infrastructure. Growth in these sectors has pushed the need for automated fire protection systems, especially for early detection and safety.
Regulatory bodies across the globe have established stringent norms mandating the installation of fire protection systems in commercial, residential, and industrial settings. Several existing commercial and residential buildings are anticipated to upgrade their fire protection systems, thereby creating opportunities for expansion.
East Asia is anticipated to emerge as the leading region for the global automated fire protected system market. Countries like China, Japan, and South Korea are at the forefront of the market. The region has a steady economic growth and developing economies in the region are progressively investing in infrastructure projects including residential, commercial, and industrial developments.
The large-scale innovation creates a phenomenal demand for smart fire protection systems. Japan and South Korea are global leaders in technology and innovation, thereby contributing to the development of unique fire detection and suppression technologies. East Asia also boasts a range of leading manufacturers, particularly originating from Japan, China, and South Korea.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
The table below projects the predicted CAGRs for the global automated fire protection system market over semi-annual periods ranging between 2023 and 2024. The examination offers companies a better understanding of the growth over the year by revealing critical shifts in performance and growth patterns of the industry. The first half (H1) of 2023 spans from January to June. The second half or H2 includes July to December.
Numbers showcased in the table show the growth rate for each half from 2023 to 2024. The market is estimated to grow at a CAGR of 6.8% in the first half (H1) of 2023. The second half of the same year is projected to experience a spike in the growth rate at a CAGR of 7%.
Particular | Value CAGR |
---|---|
H1 | 6.8% (2023 to 2033) |
H2 | 7% (2023 to 2033) |
H1 | 7.2% (2024 to 2034) |
H2 | 7.4% (2024 to 2034) |
Preceding in the subsequent period, from H1 2024 to H2 2034, the CAGR is predicted to rise to 7.2% in the first half (H1) and then further increase to 7.4% in the second half (H2). The market is projected to witness an increase of 40 BPS in the first half (H1), while in the second half (H2), there was an increase of 40 BPS.
Rising Number of Data Centers and IT Infrastructure to Spur Demand
An important driving factor for automated fire protection systems is the rise in data centers and IT infrastructures. The growth of data centers and IT infrastructure where fire protection systems are crucial have surged the need for automated fire protection systems for early detection and safety. Data centers, enablers of critical IT equipment and vast pools of sensitive data, face risks of fire that could lead to data loss and have severe financial effects.
The increasing dependence on digital infrastructure is pushing the demand for smart fire protection systems that can detect fires promptly and respond with the least amount of damage. For instance, the OVHcloud fire that was recorded inside France involving a key data center emphasized the importance of a well-designed fire suppression system.
Modern data centers often use automated solutions for fire protection, such as gas-based suppression systems using FM-200 or Novec 1230, which can quench a fire in the least possible time without causing damage to equipment holding sensitive electronic circuits. This makes such systems indispensable not only for maintaining business continuity but also for protecting investments that are deemed highly valuable.
Expansion of Key End-use Industries like Oil and Gas Fosters Growth
The automated fire protection system market is driven by the rise in important end-use industries. As the growth in construction activities increases, especially in developing countries such as India and Brazil, the demand for unique fire safety systems also rises.
New projects related to commercial and residential constructions, as well as industrial projects, are likely to be bound by stringent safety rules to incorporate robust fire protection solutions. An example is the increasing number of high-rise buildings in China, demanding well-laid fire safety mechanisms.
Industrial growth in sectors like oil and gas, manufacturing, energy, and chemicals postulates specialized fire protection systems owing to the extremely high risk of fire hazards. For example, oil refineries in the Middle East invest heavily in automated fire suppression systems to avoid the risk of catastrophic fires. The demand from these industries is driven by the need for solutions such as automated sprinklers, gas-suppressing systems, and early-detection fire alarms that can guarantee a high level of response and, therefore, fuel expansion.
Growth of AI and Machine Learning in Fire Detection to Bolster Preciseness
Traditional automated fire detection systems were limited to fire detection and trigger alarms but now with the integration of AI and ML algorithms, these systems can analyze data from sensors or cameras, detect fire, and can also predict future risks. AI and ML are now being used to improve fire detection accuracy.
Traditional fire detection systems sometimes detect false positives and trigger false alarms. AI-integrated fire detection systems are able to distinguish between real hazards and non-threatening events, thereby minimizing false alarm triggering.
Sensors are also being used to detect fire. For example, smoke or heat sensors whose data wasn’t used earlier but now are being utilized to train AI models to detect fire and minimize false positives. ML models are trained on various data sets to detect early signs of fire.
As these models are trained on historical data by analyzing patterns, they can predict fire risk in advance. AI and ML-integrated fire detection systems have the ability to analyze vast amounts of data, identify patterns in data, and use them to detect fire.
Integration with Building Management Systems Increases Efficiency
As smart buildings are designed and built, and older buildings are being retrofitted with building management systems (BMS) there is a growing trend of integrating automated fire protection systems with BMS. Such integration allows coordination between fire alarms, smoke control, lighting, and HVAC systems in a synchronized manner during fire emergencies. The HVAC system can be automatically shut down through the BMS at the detection of a fire, thereby eliminating any spread of smoke.
Integration of an automated fire protection system with BMS increases the safety level for occupants as it can unlock exit doors, set emergency lighting on, and alert occupants through voice alarms after the detection of the fire. This integration enhances safety and functionality within a building.
Expansion of the Tourism and Hospitality Sector Boosts Demand
The growing global tourism and hospitality sector presents an increased opportunity for the automated fire protection market. New constructions and retrofits of hotels, high-class restaurants, and tourist accommodations increase the need for automated fire protection systems.
Countries like the United States, Spain, and Thailand have seen an increase in the construction of hotels, resorts, and other accommodations at a fast pace. International tourism operators often require that properties meet fire safety standards to attract global visitors. The integration of smart technologies in the hospitality industry also opens up for integration of smart fire protection systems with broader smart building solutions.
High Initial Installation and Maintenance Costs Pose Restrictions
Automated fire protection systems, especially cutting-edge suppression and response technologies, require high capital investment in the initial stages of installation. This might be a drawback for small companies and residential users.
The systems also have to be regularly maintained, tested, and serviced to meet stipulated safety standards, thereby increasing operational costs. High costs can deter deployment, particularly in markets that are sensitive to price and concerned about their budgets.
The global automated fire protection system industry grew at a CAGR of 3% during the historical period. It attained a value of USD 98,864.7 million in 2023.
During the historical period, the replacement and upgradation of existing buildings drove significant growth. The COVID-19 pandemic decreased the purchasing power of customers. This affected the demand for goods consumption, thereby lowering the need for industrial production which directly affected the production of automated fire protection systems.
Decreased purchasing power and slowdown in the economy resulted in less expansion of end-use industries. Disruptions in global supply chains during the pandemic resulted in a temporary downturn in the industry. Supply chain disruptions affected raw material availability and manufacturing operations, thereby stagnating growth.
The industry is anticipated to reach USD 106,091.3 million by 2024 and is further set to grow at a CAGR of 8% during the assessment period. It is projected to reach USD 228,568.5 million by 2034.
Regulatory bodies worldwide are establishing stringent regulations mandating the installation of fire protection systems in commercial, residential, and industrial settings. Upgradation work in existing buildings creates lucrative growth opportunities for key companies. End-use industries are undergoing noticeable expansion, which is anticipated to boost sales in the market.
Tier 1 segment comprises reputable organizations that are differentiated based on their brand awareness and stability. These companies have a global share ranging between 30% and 35% and leverage their expertise in manufacturing to stay ahead of the competition. These organizations have a broad geographical reach that is underpinned by a robust consumer base.
The companies offer an extensive range of products and utilize state-of-the-art technologies to ensure regulatory compliance. Leading companies within the Tier 1 segment are Johnson Controls International plc, Honeywell International Inc., Siemens AG, Carrier Robert Bosch GmbH, Consilium AB, and Halma plc.
Tier 2 segment is primarily made of small-scale enterprises operating within the regional sphere. These companies account for a total value share ranging between 65% and 70%.
They cater to the specialized needs of the industry and leverage their extensive knowledge in manufacturing to meet regional demands. Businesses in Tier 2 include Viking Group, Fike Corporation, TANDA, EPOTOS, Hochiki Corporation, SSPB LLC, NPF Meridian JSC, Nohmi Bosai Ltd, and Eversafe Extinguisher Sdn. Bhd.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
The section provides companies with an overview of the industry. It comprises a detailed analysis of the emerging trends and opportunities in the market on a country-by-country basis. This country-specific examination of the dynamics is projected to help companies in understanding the complex nature of the industry.
The examination comprises key factors, potential challenges, and forecasts influencing the demand, production, and consumption of the product within each country. This section aims to help organizations in making informed decisions and developing strategies tailored to individual countries.
India is anticipated to dominate the country-wise growth in the industry during the forecast period with an estimated CAGR of 6.6%. The United Kingdom, Japan, and the United States are predicted to follow behind India to become the key countries with estimated CAGRs of 6.3%, 6.1%, and 5.9%, respectively.
Countries | CAGR 2024 to 2034 |
---|---|
India | 6.6% |
United Kingdom | 6.3% |
Japan | 6.1% |
United States | 5.9% |
China | 5.6% |
The automated fire protection system industry in India is estimated to grow at a CAGR of 6.6% through 2034. The high-risk environment nature of the industrial sector in the country makes fire protection systems indispensable in industrial settings. The country’s ‘Make in India’ initiative is pushing industrial growth, thereby driving the need for smart fire protection systems.
India is also experiencing a rise in the number of data centers which directly creates demand for fire safety products. The country’s growing infrastructure sector with investments of USD 1.4 trillion pushes demand for automated fire protection systems. Fire safety norms under the National Building Code and state regulations mandate fire protection systems in new constructions, thereby boosting demand.
The automated fire protection system industry in the United Kingdom is predicted to witness a CAGR of 6.3% during the assessment period between 2024 and 2034. The country has strict fire safety regulations, like the Regulatory Reform (Fire Safety) Order 2005, which mandates the installation and maintenance of fire protection systems in residential, commercial, and industrial buildings.
Incidents like the Grenfell Tower fire have surged awareness of fire safety systems and tightened regulations. This drives sales of fire safety products in the country. The robust construction industry of the United Kingdom coupled with the development of high-rise buildings and commercial offices further accelerates demand for automated fire protection systems.
The rapidly growing data center industry of the country requires reliable fire protection systems. Corporate offices in the country are investing in cutting-edge fire protection to mitigate risks and reduce insurance premiums.
The automated fire protection system industry in Japan is projected to grow at a CAGR of 6.1% through 2034. The construction industry is an important pillar of the country’s economy generating 5.2 percent of the gross domestic product (GDP) in 2022. In 2023, about 819.6 thousand housings were initiated in Japan. This growth in the construction industry creates a robust demand for novel automated fire protection systems.
Retrofitting and urban renewal projects drive demand for upgraded fire protection systems. Japan enforces strict regulations for fire safety which mandate the installation of fire protection systems.
The country’s increasing investment in smart cities is leading to rising adoption of smart fire protection systems. With a vast history of earthquakes, the country is witnessing rising awareness of natural earthquake-related fires which prominently drive demand for fire protection tools in Japan.
The section provides businesses with insightful data and analysis of the two leading segments of the target industry. Segmentation of these categories is likely to assist companies in understanding the dynamics of the industry and investing in beneficial zones.
Examination of the growth is further estimated to assist businesses in gaining a thorough understanding of the trends, opportunities, and challenges. This analysis is also predicted to help organizations in navigating the complex environment of the business world and make informed decisions.
Fire detection system is projected to lead the product type segment with a value share of 23.3% in 2024. In terms of end-use, industrial is anticipated to dominate with a value share of 42.9% in the same year.
Segment | Fire Detection System (Product Type) |
---|---|
Value Share (2024) | 23.3% |
The fire detection category is set to witness a CAGR of 7.3% during the assessment period. Fire detection systems dominate the product type segment as they are a very indispensable part of automatic protection against fire. It enables early detection and prevention, thereby preventing injuries, loss of life, and damage to property.
Technological innovations in these devices through the integration of IoT and AI make them accurate. These systems have widespread installations owing to the stringent fire safety regulations from governments across the globe. Rising awareness, insurance benefits, and cost-effectiveness make them a preferred choice. Their versatility across various sectors, including residential, commercial, and industrial further solidify their leadership as an essential component of fire safety systems.
Segment | Industrial (End-use) |
---|---|
Value Share (2024) | 42.9% |
The industrial category is estimated to dominate the end-user segment with a value share of 42.9% in 2024. It is set to experience a steady CAGR of 7.7% throughout the assessment period.
Fire protection systems are indispensable in the industrial sector due to the latter’s high-risk environment. The protection of high-value assets, minimization of downtime, and ensuring continuous operations make these systems indispensable. Insurance requirements and cost efficiency are also projected to boost adoption.
Key players in the industry include Johnson Controls International plc., Siemens AG, Robert Bosch GmbH, Halma PLC, Carrier, Consilium AB, and Viking Group. In order to compete in this organized industry, manufacturers will require superior production capabilities, continuous cash inflows, effective supply and distribution channels, and long-term stable relationships with customers.
Leading manufacturers have state-of-the-art production facilities that are well-equipped with the latest technology and automation. This makes it easier for them to achieve high quality and precise systems while maintaining efficiency during their manufacturing processes.
Businesses are involving themselves in the development of technologies for fire protection and expanding their facilities for production. They are engaging in mergers and acquisitions to maintain a competitive edge.
Industry Updates
Product type is segmented into fire detection systems, fire extinguishers, fire suppression systems, and fire response systems. All these systems are further categorized into wired and wireless.
Residential, commercial, and industrial are the three end-use segments. Commercial is classified into government and corporate offices, hotels and restaurants, and healthcare institutes. Industrial is further divided into oil and gas, mining, energy and power generation, manufacturing plants, aerospace, and other industries.
The industry is spread across North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia Pacific, and the Middle East and Africa.
The market is anticipated to reach USD 106,091.3 million in 2024.
It is predicted to reach a size of USD 228,568.5 million by 2034.
Johnson Controls International plc., Siemens AG, Robert Bosch GmbH, Halma PLC, Carrier, Consilium AB, and Viking Group are the key manufacturers.
It assists in immediate fire detection, rapid response, and minimizes property damage in case of fire.
The four common detectors are ionization, photoelectric, combination ionization/photoelectric, and heat.
The market is estimated to witness a CAGR of 8% during the forecast period.
India is predicted to lead with a CAGR of 6.6% during the assessment period.
Explore Responsible Resource Management & Safety Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.