Latest Research on Fire Protection System Market Forecasts $118B in Revenue by 2030

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The global Fire Protection System Market is projected to reach $118.14 billion by 2030, growing at a CAGR of 6.8% during the forecast period, according to a new report by MarketsandMarkets. The market is witnessing rapid growth due to rising urbanization, increasing construction of smart and commercial buildings, and stringent fire safety regulations across industrial and residential sectors. Technological advancements such as IoT-enabled fire detection, AI-assisted fire analysis, and automated suppression systems are enhancing safety and operational efficiency.

Why it matters

The fire protection system market is a critical component of ensuring public safety and minimizing property damage, especially as buildings become more complex and reliant on technology. The growth of this market reflects increased awareness and investment in fire prevention and response, driven by regulatory requirements, insurance needs, and a focus on smart building infrastructure. As urbanization and industrialization continue, especially in the Asia Pacific region, the demand for advanced fire protection solutions will likely remain strong.

The details

The report found that the fire suppression systems segment accounted for the largest share of the fire protection system market in 2024, due to broad adoption across commercial, industrial, and residential buildings. Gaseous, chemical, water, and foam suppression solutions are employed to protect high-risk assets and critical infrastructure. Integrated fire suppression systems combined with smart monitoring, predictive maintenance, and IoT-enabled analytics are increasingly preferred by end-users seeking proactive risk management. The commercial vertical is also projected to register a significant CAGR during the forecast period, driven by the growing construction of office complexes, shopping malls, hotels, and institutional buildings.

• The global Fire Protection System Market Size in terms of revenue is estimated to be worth $85.06 billion in 2025.
• The global Fire Protection System Market is poised to reach $118.14 billion by 2030, growing at a CAGR of 6.8% during the forecast period.

What’s next

The report provides a comprehensive analysis of the global Fire Protection System market, including market size, growth projections, key players, and emerging trends. Companies and investors interested in this industry can use the report to inform their strategic decision-making and identify potential growth opportunities.