Market Research Insights

  San Francisco, 14 March 2024:  The Report  Fire Suppression System Market  Size, Share & Trends Analysis Report By Product (Fire Extinguishers, Sprinklers), By Application (Commercial, Industrial, Residential), By Region And Segment Forecasts, 2024 - 2030 The global fire suppression system market is anticipated to reach USD 29.54 billion by 2030 and is anticipated to expand at a CAGR of 5.0% during the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by rapid infrastructure development, expansion of the manufacturing sector, rising urban population, and continuous research & innovation in fire extinguishing system technology. Furthermore, the imposition of stringent fire safety regulations across the globe by various national regulatory bodies is fueling the market growth. The stringent regulations increased the adoption rate of fire suppression systems, as they made it mandatory for th...

  San Francisco, 6 Feb 2024:  The Report  Fire Suppression System Market  Size, Share & Trends Analysis Report By Product (Fire Extinguishers, Sprinklers), By Application (Commercial, Industrial, Residential), By Region And Segment Forecasts, 2024 - 2030 The global fire suppression system market is anticipated to reach USD 29.54 billion by 2030 and is anticipated to expand at a CAGR of 5.0% during the forecast period, according to a new report by Grand View Research, Inc. The market is anticipated to be driven by rapid infrastructure development, expansion of the manufacturing sector, rising urban population, and continuous research & innovation in fire extinguishing system technology. Furthermore, the imposition of stringent fire safety regulations across the globe by various national regulatory bodies is fueling the market growth. The stringent regulations increased the adoption rate of fire suppression systems, as they made it mandatory for the r...

  San Francisco, 9 May 2022:  The Report  Fire Suppression System Market  Size, Share & Trends Analysis Report By Product, By Fire Extinguisher Type (Gas, Water, Dry Chemical Powder), By Application (Commercial, Industrial and Residential), By Region, And Segment Forecasts, 2022 - 2030 The global fire suppression system market size is expected to reach USD 25.9 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 4.8% from 2022 to 2030. Fire suppression systems help in protecting infrastructure, buildings, and their inhabitants from potential fire hazards. The growing need to prevent casualties and damage to property due to fire breakouts is expected to drive the demand for fire suppression systems over the forecast period. Organizations are investing aggressively in installing fire suppression systems to safeguard their infrastructure and employees from fire hazards. The strong emphasis m...