28 Jul South Africa’s fire safety equipment market is on the rise
- The South Africa Fire Safety Equipment Market us set to grow
- This growth is mostly contributed to by infrastructure and the implementation of stricter safety regulations
- Currently, detection systems, including fire alarms and smoke detectors, are the leading revenue generators
The South Africa Fire Safety Equipment Market, covering the years from 2020 to 2036, has been valued at approximately USD 1,261 million as of 2023.
This growth is mostly contributed to by infrastructure and the implementation of stricter safety regulations across various industries within the sector.
Currently, detection systems, including fire alarms and smoke detectors, are the leading revenue generators within the market- and when paired with heightened awareness surrounding fire safety, their growth trajectory is expected to continue.
However, suppression equipment, namely sprinklers and extinguishers, is seeing increased attention and is currently valued at USD 372.6 million, but is predicted to surpass USD 597 million by 2030.
Sorry, the comment form is closed at this time.