The Fire Safety Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Fire Safety Equipment Market?
The market size of fire safety equipment has seen robust growth in past years. The value of this market is projected to rise from $47.31 billion in 2024 to $50.12 billion in 2025, resulting in a compound annual growth rate (CAGR) of 6.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Fire Safety Equipment Industry?
The fire safety equipment market is projected to reach $67.15 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.6%.
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What are the Key Growth Drivers Fueling the Fire Safety Equipment Market?
The key drivers in the fire safety equipment market are:
• Growing demand for sustainable and eco-friendly solutions
• Increased fire risks due to climate change
• Rise in data center construction and retrofitting of existing buildings
• Surge in infrastructure development
Global Market Segmentation: Identifying Major Fire Safety Equipment Industry Segments
The fire safety equipment market covered in this report is segmented –
1) By Product: Extinguisher, Fire Hydrant, Respirator, Other Products
2) By Solution: Fire Detection, Fire Suppression
3) By Technology: Active Fire Safety Systems, Passive Fire Safety Systems
4) By Application: Commercial, Industrial, Residential
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What are the Emerging Trends Shaping the Future of the Fire Safety Equipment Market?
The key trends in the precision gearbox machinery market are:
• The adoption of smart fire safety systems is a significant emerging trend.
• The further advancement and use of fire suppression technologies are shaping the market future.
• Specialized fire protection is becoming a key trend in the fire safety equipment market.
• Wireless and remote monitoring in fire safety is an emerging trend.
Who Are the Top Competitors & Leading Players in the Fire Safety Equipment Market?
Major companies in the fire safety equipment market are:
• Bosch Security System Inc.
• Halma plc
• Hochiki Corporation
• Honeywell International Inc.
• Johnson Controls International plc
• Napco Security Technologies Inc.
• Siemens Building Technologies pvt. Ltd.
• Gentex Corporation
• Eaton Corporation Inc.
• Nittan Company Ltd.
• Space Age Electronics Inc.
• Lowa Fire Equipment Company
• Hiren Industrial Corporation
• Larsen Manufacturing LLC
• National Fire Fighting Manufacturing
• Tyco International Ltd.
• Cooper Wheelock Inc.
• Panasonic Corporation
• ADT Security Services Inc.
• WSA Fire Systems Inc.
• Robert Bosch GmbH
• Securiton AG
• Securitas AB
• Secom Co. Ltd.
• Walter Kidde & Company
• Amerex Corporation
• Ansul Incorporated
• Buckeye Fire Equipment Company
• Chemguard Inc.
• Elkhart Brass Manufacturing Company
• Fike Corporation
• Firetrace International
• FlameStop Australia Pty Ltd.
• Minimax GmbH & Co. KG
Regional Dominance: Which Area Leads the Global Fire Safety Equipment Market?
North America was the largest region in the fire safety equipment market in 2024
