Fire safety equipment market seen topping $68 billion by 2030

The Business Research Company projects the global fire safety equipment market will climb past $68 billion by 2030, driven by tighter regulations, infrastructure upgrades and wider use in commercial, industrial and residential buildings. Extinguishers are expected to remain the largest product category, while North America and the U.S. stay the biggest regional and national markets.

Why it matters: - Fire safety equipment is moving from a compliance purchase to a core part of building, industrial and infrastructure risk management. - The market’s projected scale underscores demand for smarter detection, suppression and monitoring systems across new construction and retrofit projects. - The forecast also points to continued spending on workplace safety, emergency readiness and protection of critical assets.

What happened: - The Business Research Company projected the global fire safety equipment market will exceed $68 billion by 2030. - The market is forecast to grow at a 7% compound annual growth rate through 2030. - The report said North America will remain the largest regional market by 2030 at $22 billion, up from $17 billion in 2025. - The U.S. is expected to lead nationally, reaching $18 billion in 2030 from $14 billion in 2025. - The report said extinguishers will account for 42% of the market, or about $29 billion, by 2030.

The details: - The fire safety equipment market is part of the broader metal and mineral industry, which the report projects will reach $9,886 billion by 2030. - Fire safety equipment would represent close to 1% of that industry’s value. - North America’s growth is tied to stricter fire safety rules, aging infrastructure upgrades, higher protection standards in high-occupancy buildings and greater workplace safety awareness. - U.S. demand is being driven by upgrades in residential and commercial fire protection systems, rising demand for smart fire monitoring and alarm technologies, safety compliance spending and replacement of older equipment. - The market includes extinguishers, fire hydrants, respirators and other products. - The market also splits by solution into fire suppression, fire detection, fire suppression systems and other fire safety devices. - Commercial, industrial and residential settings are the main application areas. - Wireless fire-sensing devices are a major growth driver because they reduce wiring needs, support retrofit projects and provide real-time monitoring and instant alarm notifications. - The report said wireless fire-sensing adoption could add about 2.2% to annual market growth. - Investment in manufacturing, energy production, refineries, renewable energy and energy storage is expected to add about 1.8% to annual growth. - Construction activity is expected to add about 1.5% to yearly growth as building codes require extinguishers, hydrants, alarms, sprinklers and related equipment in new developments. - High-rise buildings, airports, hospitals, shopping centers and data centers are among the biggest demand centers. - Renovation and upgrading of older structures are creating additional demand. - The highest growth potential is concentrated in extinguishers, fire hydrants, respirators and other related products, which are projected to add more than $18 billion in value from 2025 to 2030. - Extinguishers are expected to add $8 billion, fire hydrants $5 billion, respirators $3 billion and other products $2 billion.

Between the lines: - The report suggests fire safety is becoming more software-enabled, with smart monitoring, connected systems and AI shaping buying decisions. - Aspiring smoke detection is also gaining ground because it can detect fires earlier and reduce false alarms in sensitive environments. - The market remains fragmented: the top 10 companies accounted for only 8% of revenue in 2025. - Honeywell International Inc. led the market in 2025 with a 1% share, and several major competitors also held 1% shares, including Carrier Global, Johnson Controls, Siemens Building Technologies, Robert Bosch and Eaton. - The low concentration suggests room for product specialization, partnerships and geographic expansion. - The report’s November 2025 example showed Fire Fighting Enterprises launching Sensis, an aspirating smoke detection system with blue-light technology, a smart smoke-level algorithm and flexible sensitivity settings.

What's next: - The report expects stricter regulations, infrastructure spending and smart-building adoption to keep pushing demand higher through 2030. - Manufacturers are likely to keep investing in AI, connected monitoring, automated suppression and faster emergency response tools. - Continued construction and retrofit activity should support demand across commercial, industrial and residential markets.

The bottom line: - Fire safety equipment is set for steady, regulation-backed growth, with extinguishers still dominating and smart detection emerging as a key battleground. More information is available in the company’s announcement.