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Fire Protection Systems in Asia-Pacific

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    Report

  • 47 Pages
  • October 2024
  • Region: Asia Pacific
  • GlobalData
  • ID: 6041334

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