Fire Protection Systems in North America

Summary

Fire Protection Systems in North America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 North American fire protection systems market recorded revenues of $22.5 billion in 2023, representing a compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $14.4 billion, equivalent to 63.9% of the market's overall value.
In North America, the fire protection system market is driven by well-established regulatory standards set forth by agencies like the National Fire Protection Association (NFPA) and the Occupational Safety and Health Administration (OSHA) in the United States, as well as the Canadian Standards Association (CSA) in Canada. The NFPA publishes widely adopted codes, such as NFPA 72 for fire alarm systems and NFPA 13 for sprinkler systems, which are mandatory in various sectors, from commercial spaces to industrial facilities.

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 North America
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fire protection systems market in North 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 North America fire protection systems market with five year forecasts by both value and volume

Reasons to Buy

What was the size of the North America fire protection systems market by value in 2023?
What will be the size of the North America fire protection systems market in 2028?
What factors are affecting the strength of competition in the North America fire protection systems market?
How has the market performed over the last five years?
Who are the top competitors in North America's fire protection systems market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What are the strengths and strategies of the leading players?
7.3. What are the most recent market developments?

8 Company Profiles

8.1. Johnson Controls International Plc
8.2. Honeywell International Inc
8.3. Carrier Global Corp
8.4. Siemens AG

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related the analyst research
10.4. About the Analyst

List of Tables

Table 1: North America fire protection systems market value: $ million, 2018-23
Table 2: North America fire protection systems market category segmentation: % share, by value, 2018-23
Table 3: North America fire protection systems market category segmentation: $ million, 2018-23
Table 4: North America fire protection systems market geography segmentation: $ million, 2023
Table 5: North America fire protection systems market value forecast: $ million, 2023-28
Table 6: Johnson Controls International Plc: Key Facts
Table 7: Johnson Controls International Plc: Annual Financial Ratios
Table 8: Johnson Controls International Plc: Key Employees
Table 9: Honeywell International Inc: Key Facts
Table 10: Honeywell International Inc: Annual Financial Ratios
Table 11: Honeywell International Inc: Key Employees
Table 12: Honeywell International Inc: Key Employees Continued
Table 13: Carrier Global Corp: Key Facts
Table 14: Carrier Global Corp: Annual Financial Ratios
Table 15: Carrier Global Corp: Key Employees
Table 16: Siemens AG: Key Facts
Table 17: Siemens AG: Annual Financial Ratios
Table 18: Siemens AG: Key Employees
Table 19: Siemens AG: Key Employees Continued
Table 20: North America Exchange Rate, 2018-23

List of Figures

Figure 1: North America fire protection systems market value: $ million, 2018-23
Figure 2: North America fire protection systems market category segmentation: $ million, 2018-23
Figure 3: North America fire protection systems market geography segmentation: % share, by value, 2023
Figure 4: North America fire protection systems market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the fire protection systems market in North America, 2023
Figure 6: Drivers of buyer power in the fire protection systems market in North America, 2023
Figure 7: Drivers of supplier power in the fire protection systems market in North America, 2023
Figure 8: Factors influencing the likelihood of new entrants in the fire protection systems market in North America, 2023
Figure 9: Factors influencing the threat of substitutes in the fire protection systems market in North America, 2023
Figure 10: Drivers of degree of rivalry in the fire protection systems market in North America, 2023

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
Carrier Global Corp
Siemens AG

License	Format	Properties	Price
SINGLE USER LICENSE PDF	The product is a PDF.	This is a single user license, allowing one user access to the product.	€503EUR$500USD£423GBP
SITE LICENSE PDF	The product is a PDF.	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€754EUR$750USD£635GBP
ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€1006EUR$1,000USD£847GBP