Global and China Fire Suppression Systems Market Insights, Forecast to 2027

Fire suppression systems are used to extinguish or prevent the spread of fire in a building. Suppression systems use a combination of dry chemicals and/or wet agents to suppress equipment fires.
Europe accounted for largest market share for fire suppression system owing to stringent government rules and regulations supporting the installation of fire protection system in buildings. Stringent fire safety norms in Norway and UK have also pushed offshore oil and gas operators in the region to increase their investment to improve fire safety arrangements. Asia Pacific contributed to a significant market share owing to considerable growth in building infrastructure and rising investment in offshore development in the region. In addition, rising industrialization in emerging economies like India and China coupled with significant number of floating liquefied natural gas vessels proposed to be setup in Australia is expected to augment the global market for fire suppression system over the forecast period. Increasing oil and gas projects in Brazil and West Africa coupled with preplanned offshore projects initiated by governments of several economies is expected to augment global fire suppression system market growth.

Market Analysis and Insights: Global and China Fire Suppression Systems Market
This report focuses on global and China Fire Suppression Systems market.
In 2020, the global Fire Suppression Systems market size was US$ XX million and it is expected to reach US$ XX million by the end of 2027, with a CAGR of XX% during 2021-2027. In China the Fire Suppression Systems market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Fire Suppression Systems Scope and Market Size
Fire Suppression Systems market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Fire Suppression Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Fire Suppression Systems market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.

Segment by Type
Chemical
Gaseous
Water
Foam

Segment by Application
Residential
Commercial
Industrial

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Johnson Controls (Ireland)
United Technologies (US)
Robert Bosch (Germany)
Siemens (Germany)
Halma (UK)
Hochiki (Japan)
Firefly (Sweden)
Minimax Viking (Germany)
Honeywell (US)
S&S Fire Suppression Systems (US)