Global Fire Protection, per CRISIL Market Intelligence and Analytics (a division of CRISIL Limited), Sep 2026 (commissioned by a company).
Source: CRISIL Market Intelligence and Analytics (a division of CRISIL Limited), Sep 2026 [1]
The Indian and global fire protection equipment market is driven by expanding industrial infrastructure, oil & gas investments, power generation expansion, and tightening fire safety regulatory compliance mandates. Operating EBITDA margins for leading capital goods and equipment players range between 12% and 23%. [2]
The global fire protection equipment market is projected to grow from USD 62 billion in CY25 to USD 85-90 billion by CY30 at a CAGR of 6.5-7.5%. The Indian fire protection equipment market expanded at a CAGR of 12% from FY20 to FY26 to reach ₹ 10,900.00 crore (₹ 109 billion) and is projected to grow at a CAGR of 10-12% between FY26 and FY31 to reach ₹ 17,500.00 crore to ₹ 19,500.00 crore (₹ 175-195 billion). [1]
| Figure | Period | Value |
|---|---|---|
| Global Fire Protection Market Size [1] | CY25 | US$62 billion |
| Global Fire Protection Market Size Forecast [1] | CY30 | US$87.5 billion forecast |
| Global Fire Protection Market CAGR [1] | CY25–CY30 | 7% |
| Indian Fire Protection Market Size [1] | FY2026 | ₹10,900 crore |
| Indian Fire Protection Market Size Forecast [1] | FY2031 | ₹18,500 crore forecast |
| Indian Fire Protection Market CAGR [1] | FY2026–FY2031 | 11% forecast |
Fire suppression systems accounted for 75% of the Indian market in FY26 (₹ 8,200.00 crore) and are expected to grow at an 11.0-13.0% CAGR to reach ₹ 13,500.00 - ₹ 15,500.00 crore by FY31. Fire detection systems accounted for the remaining 25% (₹ 2,700.00 crore). [1]
| Figure | Period | Value |
|---|---|---|
| Indian Fire Suppression Segment Size [1] | FY2026 | ₹8,200 crore |
| Indian Fire Suppression Segment Forecast [1] | FY2031 | ₹14,500 crore forecast |
| Indian Fire Suppression Segment CAGR [1] | FY2026–FY2031 | 12% forecast |
The Indian market features multinational and large branded domestic players forming ~70% of the market, with unbranded local players constituting 30%. [1]
| Figure | Period | Value |
|---|---|---|
| Branded & Multinational Market Share [1] | FY2026 | 70% |
| HD Fire Protect FY25 Export Sales [1] | FY2025 | ₹155 crore |
| Topic | Figure | Period | Value |
|---|---|---|---|
| Market size and growth | Global Fire Protection Market Size [1] | CY25 | US$62 billion |
| Market size and growth | Global Fire Protection Market Size Forecast [1] | CY30 | US$87.5 billion forecast |
| Market size and growth | Global Fire Protection Market CAGR [1] | CY25–CY30 | 7% |
| Market size and growth | Indian Fire Protection Market Size [1] | FY2026 | ₹10,900 crore |
| Market size and growth | Indian Fire Protection Market Size Forecast [1] | FY2031 | ₹18,500 crore forecast |
| Market size and growth | Indian Fire Protection Market CAGR [1] | FY2026–FY2031 | 11% forecast |
| Segments | Indian Fire Suppression Segment Size [1] | FY2026 | ₹8,200 crore |
| Segments | Indian Fire Suppression Segment Forecast [1] | FY2031 | ₹14,500 crore forecast |
| Segments | Indian Fire Suppression Segment CAGR [1] | FY2026–FY2031 | 12% forecast |
| Competition and structure | Branded & Multinational Market Share [1] | FY2026 | 70% |
| Competition and structure | HD Fire Protect FY25 Export Sales [1] | FY2025 | ₹155 crore |
According to CRISIL Market Intelligence and Analytics (a division of CRISIL Limited) (September 2026), the global fire protection market was US$62 billion in CY25.
CRISIL Market Intelligence and Analytics (a division of CRISIL Limited) projects US$87.5 billion by CY30, a growth rate of 7% a year over CY25–CY30. Forecasts are the source's, not FinMinutes'.
The Indian market features multinational and large branded domestic players forming ~70% of the market, with unbranded local players constituting 30%.
Built from 2 sources: 2 company-commissioned reports. Each figure carries its source number, which links to the full source list with dates and page references.
Figures are quoted from the sources listed above, with their dates and page references. They are not FinMinutes estimates and are not a recommendation about any security. All industries →