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Fire Safety Equipment Market is expected to reach US$80.74 billion by 2031 | DataM Intelligence

Fire Safety Equipment Market

Fire Safety Equipment Market

Fire safety equipment market continues to grow with increasing awareness, regulatory compliance, and demand from commercial, industrial, and residential sectors

TEXAS, TX, UNITED STATES, August 29, 2025 /EINPresswire.com/ -- The global fire safety equipment market is experiencing steady growth, driven by increasing awareness of fire hazards, stringent government regulations, and rising investments in commercial, industrial, and residential safety infrastructure. The market is projected to grow robustly over the forecast period 2024–2031, supported by urbanization, industrial expansion, and technological advancements in fire detection and suppression systems. Global Fire Safety Equipment Market reached US$50.76 billion in 2023 and is expected to reach US$80.74 billion by 2031, growing with a CAGR of 5.97% during the forecast period 2024-2031, according to DataM Intelligence report.

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Fire safety equipment encompasses a broad range of products including fire extinguishers, alarms, detectors, sprinklers, suppression systems, and protective gear designed to detect, contain, and mitigate fire incidents. Effective fire safety solutions are critical in safeguarding lives, properties, and infrastructure across diverse sectors such as construction, manufacturing, healthcare, and transportation. Growing urban density and advances in building technologies underscore the need for comprehensive fire safety systems.

United States: Recent Industry Developments

✅ In Spring 2025, Ring, in partnership with Kidde, launched a new Smart Smoke Alarm and a Combination Smoke + Carbon Monoxide Alarm—both integrate with the Ring app, offer faster and more precise detection, and can dispatch emergency services via a $5/month monitoring subscription.
✅ In April 2025, Rosenbauer America unveiled its updated industrial foam pumper, enhancing firefighting capabilities with improved foam delivery systems for industrial applications.
✅ In April 2025, Fire-Dex introduced their AI-powered “Virtual Sizer” tool, which streamlines firefighter turnout gear fitting, delivering quick, accurate sizing and reducing procurement delays.

Japan: Recent Industry Developments

✅ In 2025, Japan's fire alarm equipment sector is seeing strong growth, driven by integration with smart city initiatives, multi-criteria detection, voice evacuation systems, and wireless/cloud-based technologies, all enhancing real-time monitoring and response.

Key Market Drivers
• Increasing frequency and severity of fire-related disasters have heightened the importance of proactive fire detection and suppression.
• Government mandates and international standards, including building and workplace safety codes, are enforcing stricter compliance for fire safety installations.
• Growing adoption of IoT-based smart fire detection systems enhances early warning capabilities and enables real-time monitoring.
• Urbanization and rapid industrialization in emerging economies, particularly in Asia-Pacific, propel demand for fire safety measures in residential and commercial developments.

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Market Segmentation
• By product type: fire extinguishers, fire alarms and detectors, fire suppression systems, fire hose reels, sprinkler systems, emergency lighting, and protective equipment.
• By technology: conventional, addressable, wireless, and smart fire safety solutions.
• By application: commercial, industrial, residential, and public sectors.

Regional Outlook
• Asia-Pacific leads market growth due to high urbanization rates, expanding construction activities, and rising safety regulations.
• North America and Europe maintain significant market shares, driven by mature regulatory environments and advanced safety infrastructure adoption.
• Investments in fire safety technology and smart building integration continue to enhance market prospects globally.

Competitive Landscape
Major players include Honeywell International, Siemens AG, Johnson Controls International, Bosch Security Systems, UTC Climate, Controls & Security, Tyco Fire & Security, and 3M Company, among others. Companies focus on product innovation, strategic partnerships, and geographic expansions to enhance market positioning.

Market Challenges
• High initial costs of advanced fire safety systems pose barriers to adoption in small and medium enterprises.
• Integration complexities with existing building management and IT systems can delay deployment.
• Maintenance and operational costs impact the lifecycle economics of sophisticated fire safety installations.

Conclusion

The global fire safety equipment market is on a growth trajectory propelled by regulatory impetus, technological evolution, and increasing safety awareness. Continuous innovation in smart fire protection technologies and expanding industrial and urban infrastructure in emerging regions will drive sustained market expansion up to 2031 and beyond.

Related Reports:

Workplace Safety Market is estimated to reach at a CAGR of 10.4% during the forecast period (2024-2031)
Global Vibration Isolators Market is growing at a CAGR of 7.1% during the forecast period (2024-2031).

Sai Kumar
DataM Intelligence 4market Research LLP
+1 877-441-4866
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