In 2021, the global fire protection market was valued at $72.72 billion. It is expected to increase at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030. The market was negatively impacted by COVID-19 pandemic lockdowns and supply chain disruptions that hindered the production of new fire protection systems. However, the market has rebounded and is being boosted by growing urban populations and the need to protect people and property from fire emergencies.
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2023 Global Fire Protection Industry Report
Posted on April 14, 2023 By
Benchmark International in
Benchmark International +
Mergers and Acquisitions +
2023 +
global industry report +
fire suppression +
fire detection +
fire protection system
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