Fire Protection Systems in South America
Summary
Fire Protection Systems in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.Key Highlights
- A fire protection system is designed to prevent the destructive and potentially life-threatening consequences of fire. These systems serve to extinguish flames or smoke and alert building occupants, thereby reducing the risk of loss of life and property. Market scope encompasses products related to fire suppression, sprinklers, detection, analysis, and response. Market value represents revenue generated by market players in a specific year.
- The South American fire protection systems market recorded revenues of $1.4 billion in 2023, representing a compound annual growth rate (CAGR) of 1.9% between 2018 and 2023.
- The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $0.9 billion, equivalent to 64.2% of the market's overall value.
- Rapid urbanization and expanding infrastructure projects in emerging and developed economies alike contribute to the need for robust fire suppression and detection systems in new structures, ranging from office buildings and retail spaces to manufacturing facilities. According to the analyst, the South American construction industry stood at $326.8 billion in 2023, an increase of 10.1% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the fire protection systems market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fire protection systems market in South America
- Leading company profiles reveal details of key fire protection systems market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South America fire protection systems market with five year forecasts
Reasons to Buy
- What was the size of the South America fire protection systems market by value in 2023?
- What will be the size of the South America fire protection systems market in 2028?
- What factors are affecting the strength of competition in the South America fire protection systems market?
- How has the market performed over the last five years?
- What are the main segments that make up South America's fire protection systems market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Johnson Controls International Plc
- Honeywell International Inc
- Siemens AG
