The Latin America, Middle East and Africa Fire Protection System Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030).
Modern safety tools and techniques, the workplace fatality rate of employees has been declining. Installing fire protection systems in industries and workplaces is essential due to the significant threat and harm by fire. The importance and development of these systems in the market have been facilitated by the rising awareness and concern for employee welfare and safety, the government's role in raising living standards, and preventing the negative impacts of fire hazards.
In addition, due to the profitability of fire protection systems, there has been intense competition among startups and large corporations. Residential building construction is witnessing a significant rise. In addition, the government has formulated initiatives in the past few years to design, build, and operate structures following the green building concept, in which the annual energy consumption of the building is roughly equivalent to the renewable energy generated on-site. The expansion of the residential sector has a positive effect on the market's growth and is anticipated to continue to fuel demand.
According to a resolution issued by the UAE Cabinet in September 2020, owners of residential houses in the UAE are required to install fire detection devices in their houses and enroll in the civil defense eSystem. The resolution applies to all existing and future residences. Existing house owners were given three years from the resolution's issuance to implement fire detection devices. Additionally, it states that before providing a completion certificate, federal or local government departments in charge of issuing licenses for the construction of residential homes must verify that fire detectors have been installed and the owner has signed up for the eSystem. Owing to this, the demand from fire protection systems is rising gradually across the region.
The Brazil market dominated the LAMEA Fire Protection System Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,328.6 million by 2030. The Argentina market is exhibiting a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 9% during (2023 - 2030).
Based on Offering, the market is segmented into Product (Fire Detection, Fire Suppression, Fire Sprinkler System, Fire Response and Others) Services (Installation & Design Service, Maintenance Service, Managed Service, and Others). Based on Application, the market is segmented into Commercial, Industrial and Residential. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Fire Protection System Market is Projected to reach USD 122.7 Billion by 2030, at a CAGR of 6.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Eaton Corporation PLC, Siemens AG, Johnson Controls International PLC, Robert Bosch GmbH, Iteris, Inc., Honeywell International, Inc., Gentex Corporation, Raytheon Technologies Corporation, Halma PLC and Hitachi, Ltd. (Hitachi Energy Ltd.).
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Product
- Fire Detection
- Fire Suppression
- Fire Sprinkler System
- Fire Response
- Others
- Services
- Installation & Design Service
- Maintenance Service
- Managed Service
- Others
By Application
- Commercial
- Industrial
- Residential
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Eaton Corporation PLC
- Siemens AG
- Johnson Controls International PLC
- Robert Bosch GmbH
- Iteris, Inc.
- Honeywell International, Inc.
- Gentex Corporation
- Raytheon Technologies Corporation
- Halma PLC
- Hitachi, Ltd. (Hitachi Energy Ltd.)
TABLE 1 LAMEA Fire Protection System Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Fire Protection System Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Fire Protection System Market
TABLE 4 Product Launches And Product Expansions– Fire Protection System Market
TABLE 5 Acquisition and Mergers– Fire Protection System Market
TABLE 6 LAMEA Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 7 LAMEA Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 8 LAMEA Product Market by Country, 2019 - 2022, USD Million
TABLE 9 LAMEA Product Market by Country, 2023 - 2030, USD Million
TABLE 10 LAMEA Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 11 LAMEA Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 12 LAMEA Fire Detection Market by Country, 2019 - 2022, USD Million
TABLE 13 LAMEA Fire Detection Market by Country, 2023 - 2030, USD Million
TABLE 14 LAMEA Fire Suppression Market by Country, 2019 - 2022, USD Million
TABLE 15 LAMEA Fire Suppression Market by Country, 2023 - 2030, USD Million
TABLE 16 LAMEA Fire Sprinkler System Market by Country, 2019 - 2022, USD Million
TABLE 17 LAMEA Fire Sprinkler System Market by Country, 2023 - 2030, USD Million
TABLE 18 LAMEA Fire Response Market by Country, 2019 - 2022, USD Million
TABLE 19 LAMEA Fire Response Market by Country, 2023 - 2030, USD Million
TABLE 20 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 21 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 22 LAMEA Services Market by Country, 2019 - 2022, USD Million
TABLE 23 LAMEA Services Market by Country, 2023 - 2030, USD Million
TABLE 24 LAMEA Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 25 LAMEA Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 26 LAMEA Installation & Design Service Market by Country, 2019 - 2022, USD Million
TABLE 27 LAMEA Installation & Design Service Market by Country, 2023 - 2030, USD Million
TABLE 28 LAMEA Maintenance Service Market by Country, 2019 - 2022, USD Million
TABLE 29 LAMEA Maintenance Service Market by Country, 2023 - 2030, USD Million
TABLE 30 LAMEA Managed Service Market by Country, 2019 - 2022, USD Million
TABLE 31 LAMEA Managed Service Market by Country, 2023 - 2030, USD Million
TABLE 32 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 33 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 34 LAMEA Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 35 LAMEA Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 36 LAMEA Commercial Market by Country, 2019 - 2022, USD Million
TABLE 37 LAMEA Commercial Market by Country, 2023 - 2030, USD Million
TABLE 38 LAMEA Industrial Market by Country, 2019 - 2022, USD Million
TABLE 39 LAMEA Industrial Market by Country, 2023 - 2030, USD Million
TABLE 40 LAMEA Residential Market by Country, 2019 - 2022, USD Million
TABLE 41 LAMEA Residential Market by Country, 2023 - 2030, USD Million
TABLE 42 LAMEA Fire Protection System Market by Country, 2019 - 2022, USD Million
TABLE 43 LAMEA Fire Protection System Market by Country, 2023 - 2030, USD Million
TABLE 44 Brazil Fire Protection System Market, 2019 - 2022, USD Million
TABLE 45 Brazil Fire Protection System Market, 2023 - 2030, USD Million
TABLE 46 Brazil Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 47 Brazil Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 48 Brazil Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 49 Brazil Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 50 Brazil Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 51 Brazil Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 52 Brazil Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 53 Brazil Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 54 Argentina Fire Protection System Market, 2019 - 2022, USD Million
TABLE 55 Argentina Fire Protection System Market, 2023 - 2030, USD Million
TABLE 56 Argentina Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 57 Argentina Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 58 Argentina Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 59 Argentina Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 60 Argentina Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 61 Argentina Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 62 Argentina Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 63 Argentina Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 64 UAE Fire Protection System Market, 2019 - 2022, USD Million
TABLE 65 UAE Fire Protection System Market, 2023 - 2030, USD Million
TABLE 66 UAE Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 67 UAE Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 68 UAE Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 69 UAE Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 70 UAE Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 71 UAE Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 72 UAE Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 73 UAE Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 74 Saudi Arabia Fire Protection System Market, 2019 - 2022, USD Million
TABLE 75 Saudi Arabia Fire Protection System Market, 2023 - 2030, USD Million
TABLE 76 Saudi Arabia Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 77 Saudi Arabia Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 78 Saudi Arabia Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 79 Saudi Arabia Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 80 Saudi Arabia Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 81 Saudi Arabia Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 82 Saudi Arabia Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 83 Saudi Arabia Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 84 South Africa Fire Protection System Market, 2019 - 2022, USD Million
TABLE 85 South Africa Fire Protection System Market, 2023 - 2030, USD Million
TABLE 86 South Africa Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 87 South Africa Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 88 South Africa Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 89 South Africa Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 90 South Africa Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 91 South Africa Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 92 South Africa Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 93 South Africa Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 94 Nigeria Fire Protection System Market, 2019 - 2022, USD Million
TABLE 95 Nigeria Fire Protection System Market, 2023 - 2030, USD Million
TABLE 96 Nigeria Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 97 Nigeria Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 98 Nigeria Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 99 Nigeria Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 100 Nigeria Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 101 Nigeria Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 102 Nigeria Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 103 Nigeria Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 104 Rest of LAMEA Fire Protection System Market, 2019 - 2022, USD Million
TABLE 105 Rest of LAMEA Fire Protection System Market, 2023 - 2030, USD Million
TABLE 106 Rest of LAMEA Fire Protection System Market by Offering, 2019 - 2022, USD Million
TABLE 107 Rest of LAMEA Fire Protection System Market by Offering, 2023 - 2030, USD Million
TABLE 108 Rest of LAMEA Fire Protection System Market by Product Type, 2019 - 2022, USD Million
TABLE 109 Rest of LAMEA Fire Protection System Market by Product Type, 2023 - 2030, USD Million
TABLE 110 Rest of LAMEA Fire Protection System Market by Services Type, 2019 - 2022, USD Million
TABLE 111 Rest of LAMEA Fire Protection System Market by Services Type, 2023 - 2030, USD Million
TABLE 112 Rest of LAMEA Fire Protection System Market by Application, 2019 - 2022, USD Million
TABLE 113 Rest of LAMEA Fire Protection System Market by Application, 2023 - 2030, USD Million
TABLE 114 key information – Eaton Corporation PLC
TABLE 115 Key Information – Siemens AG
TABLE 116 Key Information – Johnson Controls International PLC
TABLE 117 key information – Robert Bosch GmbH
TABLE 118 Key Information – ITERIS, INC.
TABLE 119 Key Information – Honeywell International, Inc.
TABLE 120 Key Information – Hitachi, Ltd.
TABLE 121 Key Information – Gentex Corporation
TABLE 122 Key Information – Raytheon Technologies Corporation
TABLE 123 key Information – Halma PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2020, Aug – 2023, Apr) Leading Players
FIG 5 LAMEA Fire Protection System Market share by Offering, 2022
FIG 6 LAMEA Fire Protection System Market share by Offering, 2030
FIG 7 LAMEA Fire Protection System Market by Offering, 2019 - 2030, USD Million
FIG 8 LAMEA Fire Protection System Market share by Application, 2022
FIG 9 LAMEA Fire Protection System Market share by Application, 2030
FIG 10 LAMEA Fire Protection System Market by Application, 2019 - 2030, USD Million
FIG 11 LAMEA Fire Protection System Market share by Country, 2022
FIG 12 LAMEA Fire Protection System Market share by Country, 2030
FIG 13 LAMEA Fire Protection System Market by Country, 2019 - 2030, USD Million
FIG 14 Recent strategies and developments: Eaton Corporation PLC
FIG 15 SWOT Analysis: Eaton Corporation PLC
FIG 16 Swot analysis: Siemens AG
FIG 17 Recent strategies and developments: Johnson Controls International PLC
FIG 18 swot analsyis: Johnson controls international plc
FIG 19 Recent strategies and developments: Robert Bosch GmbH
FIG 20 Swot analysis: Robert Bosch GmbH
FIG 21 Recent strategies and developments: Iteris, Inc.
FIG 22 Recent strategies and developments: Honeywell International, Inc.
FIG 23 Swot Analysis: Honeywell International, Inc.
FIG 24 SWOT Analysis: Hitachi, ltd.