Logo
North America Fire Safety Equipment Market Outlook, 2026

North America Fire Safety Equipment Market Outlook, 2026

Bonafide Research 23-10-2021 51 Pages Figures : 7 Tables : 22
Region : North America Category : Manufacturing & Industry Machinery, Parts & Equipment

1. Honeywell International Inc.

2. Gentex Corp.

3. Halma PLC.

4. HOCHIKI Corporation

5. Napco Security Technologies, Inc.

More...

The equipment designed to protect human life/ property from fire accidents by extinguishing the fire is categorized as firefighting equipment. It can be used by the trained firefighters as well as the untrained layman during the fire breaks out or the mechanisms are built within the infrastructure itself. The recent publication of Bonafide Research under the title – North America Fire Safety Equipment Market Outlook, 2026 provides an in-depth market analysis of the regional fire safety equipment industry. This report covers the detailed insights of the equipment based on product category- Fire Detection, Fire Alarm & Fire Suppression. It also included insights along with the value analysis of the fire safety equipment. The report also mentions the competition of leading companies that are involved in the manufacturing of fire safety equipment.

The leading North America fire safety equipment accounted for more than 35% of the market share in the global market in 2015. The advancement in construction technologies, which gave rise to smart building and residential automation, has been a boon to the fire safety equipment market in the region. The region is now moving towards intelligent fire sensors and detectors which have better efficiency in fire protection. By the end of the forecasted period, this regional market is likely to be valued at a value of USD 20500 Million.

The strict government norms in the region are the main market driver to the region’s growth. As sky-reaching high rise buildings are a common sight in the region, they are in dire need to safeguard them from fire risk. In line with the global trend, the North American market is also dominated by the fire detection segment which accounted for more than 60% of the market share. Within the fire detection segment, the smoke detector equipment holds clear dominance. However, through the forecasted period, the flame detector segment is expected to be growing with the highest CAGR among the major categories. The lowest contributing segment of fire suppression in the region is likely to be growing with an anticipated growth rate of 2.93% through the forecasted period.

With a high population, the US and Canada are the leading countries in the region. In terms of application, the commercial segment leads the regional market with a share of nearly 40%. On the other hand, the industrial segmental application of the fire safety equipment is to register the lowest anticipated growth rate in the forecasted period. In the USA, cooking is the number one cause of house fires. Out of this also, Thanksgiving Day witnesses a peak of cooking fires. Since the year 2013-2017, 49% of the residential fires were caused due to cooking fires. Thus, through the forecasted period, the residential application segment is likely to be growing at the highest CAGR of 4.50%.

The USA is the leading market in the region, which held an unbeatable share of 84% in the year 2020. In the very same year, the country recorded an approx. of 1.4 Million fires, which became the reason for the death of 3500 civilians, and a loss of USD 21.9 Billion. The leading companies in the region are now focusing on their expansion by adopting various strategies and are also establishing hold over other regions with mergers and acquisitions.

Major companies mentioned in the report: Gentex Corporation, HOCHIKI Corporation, Napco Security Technologies, Inc., Nittan Company, Ltd., Halma plc, Robert Bosch GmbH, Honeywell International, Inc., Siemens Building Technologies

CONSIDERED IN THE REPORT
• Geography: North America
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• USA
• Canada
• Mexico

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Product Type (Fire Detection, Fire Alarm, Fire Suppression)
• Market Share by Application (Commercial, Industrial, Residential)
• Market Share by Region
• Market Share by Country

This report would help you answer the following questions:
1. What is the market size and forecast of the North America Fire Safety Equipment Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the North America Fire Safety Equipment Market during the forecast period?
3. Which region outstands in the North America Fire Safety Equipment Market?
4. Which are the segments to invest in over the forecast period in the North America Fire Safety Equipment Market?
5. What is the competitive strategic window for opportunities in the North America Fire Safety Equipment Market?
6. What are the technology trends and regulatory frameworks in the North America Fire Safety Equipment Market?
7. What are the major companies in the North America Fire Safety Equipment Market?

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services