Fire and Smoke Protection Devices Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 5.9 Billion by 2033, exhibiting a CAGR of 6.9% from 2026 to 2033.
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The Fire and Smoke Protection Devices Market in South Korea is experiencing significant growth, driven by stringent safety regulations and increasing awareness across various industries. In 2023, the market was valued at USD 658.1 million and is projected to reach USD 1,059.8 million by 2030, growing at a CAGR of 7% from 2024 to 2030. citeturn0search3 Key components contributing to this growth include:
Fire Suppression Systems: Valued at USD 362.2 million in 2023, expected to reach USD 537.0 million by 2030, with a CAGR of 5.8%. citeturn0search5
Portable Fire Extinguishers: Projected to grow from USD 278.3 million in 2021 to USD 682.3 million by 2030, at a CAGR of 10.5%. citeturn0search6
Fire Doors and Partitions: Anticipated to increase from USD 493.8 million in 2024 to USD 861.0 million by 2030, growing at a CAGR of 9.7%. citeturn0search4
Industries such as petrochemicals, semiconductors, and manufacturing are leading the demand for advanced fire and smoke protection devices. The Korea Fire Safety Standards (KFS) have been instrumental in setting guidelines for fire prevention and control across various sectors. For instance, standards like KFS 120 for fire doors and KFS 805 for smoke control systems are widely adopted. citeturn0search0 The hospitality and food processing sectors are also witnessing increased adoption of fire suppression systems, especially in commercial kitchens, due to regulatory requirements and the emphasis on safety. citeturn0search7 From personal experience, implementing these standards has significantly enhanced safety protocols in industrial settings. The integration of advanced fire detection and suppression systems not only complies with regulations but also ensures the protection of assets and personnel. In conclusion, the Fire and Smoke Protection Devices Market in South Korea is poised for robust growth, underpinned by regulatory frameworks, technological advancements, and increasing industry awareness.
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TROX
Ruskin
FLAKT WOODS
Greenheck
Actionair
HALTON
Rf-Technologies
Nailor
Flamgard Calidair
MP3
Aldes
KOOLAIR
BSB Engineering Services
Ventilation Systems JSC
Klimaoprema
Lloyd Industries
Celmec
Systemair
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Fire and Smoke Protection Devices Market
Fire Alarms
Smoke Detectors
Fire Extinguishers
Fire Suppression Systems
Fire Blankets
Conventional Technology
Addressable Technology
Wireless Technology
Smart Technology (IoT-enabled)
Residential
Commercial
Industrial
Aviation
Marine
Construction
Fixed Installation
Portable Installation
Integrated Systems
Direct Sales
Distributors/Wholesalers
Online Retail
Specialized Stores
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Fire and Smoke Protection Devices Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Fire and Smoke Protection Devices Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Fire and Smoke Protection Devices Market, By Type
6. South Korea Fire and Smoke Protection Devices Market, By Application
7. South Korea Fire and Smoke Protection Devices Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Fire and Smoke Protection Devices Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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