Fire Suppression System Market To Expand Industry Growth At USD 25.9 Billion By 2030
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 manufacturing units and incumb