Rising from the Ashes: Trends Shaping the Fire Control System Market

The fire control system market was estimated at USD 7.15 billion in 2022 and is likely to grow at a CAGR of 4.11% during 2023-2028 to reach USD 9.1 billion in 2028.

Fire protection systems play an essential role in preventing fire from spreading. The procedures include fire blankets, sprinklers, extinguishers, and halon or gas systems. These are required to reduce losses due to fire accidents and the rising number of deaths due to fire. Fire protection systems have prevented fire quickly and accurately rather than the traditional heat or smoke devices used in the past. Furthermore, when fire sensors and detectors are installed in commercial/residential buildings, they serve as an ideal and affordable safety measure to keep the surroundings safe.