The global fire suppression systems market is projected to be valued at USD 21.04 billion by 2025, as per Fact.MR analysis, the industry is expected to grow at a CAGR of 5.2% and reach USD 34.93 billion by 2035. In 2024, the fire suppression systems industry gained new momentum as regulatory agencies mandated stricter fire safety regulations, inducing widespread retrofits of aging...

The global fire suppression systems market is projected to be valued at USD 21.04 billion by 2025, as per Fact.MR analysis, the industry is expected to grow at a CAGR of 5.2% and reach USD 34.93 billion by 2035. In 2024, the fire suppression systems industry gained new momentum as regulatory agencies mandated stricter fire safety regulations, inducing widespread retrofits of aging...

The market for fire suppression systems was valued at nearly US$ 17 Billion as of 2021, and is expected to surge Y-o-Y at a rate of 5.8% in 2022, reaching US$ 18 Billion. By the end of the forecast period 2022-2032, the market is likely to have grown 1.6x in value terms to reach US$ 30 Billion. Fire is a formidable force, capable of causing irreparable damage to lives and property. In the face...