Fire Protection Systems in Asia-Pacific
Summary
Fire Protection Systems in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market share, 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 Asia-Pacific fire protection systems market recorded revenues of $26.5 billion in 2023, representing a compound annual growth rate (CAGR) of 2.5% between 2018 and 2023.
- The commercial segment accounted for the market's largest proportion in 2023, with total revenues of $13.6 billion, equivalent to 51.5% of the market's overall value.
- In Asia-Pacific, rapid industrialization and new amendments to fire safety regulations are driving demand for fire protection systems across commercial, residential, and industrial sectors. Japan recently updated its Building Standards Act to include stricter requirements for fire-resistant materials and automated fire suppression systems in both residential and high-rise structures, ensuring greater fire safety in densely populated urban areas.
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 Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the fire protection systems market in Asia-Pacific
- 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 Asia-Pacific fire protection systems market with five year forecasts
Reasons to Buy
- What was the size of the Asia-Pacific fire protection systems market by value in 2023?
- What will be the size of the Asia-Pacific fire protection systems market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific fire protection systems market?
- How has the market performed over the last five years?
- Who are the top competitors in Asia-Pacific'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
- Carrier Global Corp
- Siemens AG