Armored Vehicle Fire Suppression Systems Market Size
| Study Period | 2019-2029 |
| Market Size (2024) | USD 24.42 Million |
| Market Size (2029) | USD 27.38 Million |
| CAGR (2024 - 2029) | 2.31 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Armored Vehicle Fire Suppression Systems Market Analysis
The Armored Vehicle Fire Suppression Systems Market size is estimated at USD 24.42 million in 2024, and is expected to reach USD 27.38 million by 2029, growing at a CAGR of 2.31% during the forecast period (2024-2029).
Armored vehicles are designed to protect their occupants from various threats, such as bullets, explosives, fire, and chemical agents. The demand for armored vehicle fire suppression systems is expected to increase due to rising military expenditure. For instance, in 2022, global military expenditure reached USD 2,240 billion, a growth of 6% compared to 2021. Governments and military forces all over the world are investing in technologically advanced systems, such as armored vehicle fire suppression systems, given the increasing geopolitical tensions across the globe.
The escalating geopolitical rift in regions such as Asia-Pacific, Europe, and the Middle East has been generating demand for new armored vehicles to enhance the current capabilities of the ground forces. This, in turn, has created a parallel demand for fire suppression systems to mitigate the damage and threat to both passengers and critical systems. However, the high R&D costs associated with the systems and the fast pace of evolution of new weaponry, such as high explosive anti-tank (HEAT) warheads, lower the effective service life and efficacy of such systems, rendering them incapable of providing optimal protection.
Armored Vehicle Fire Suppression Systems Market Trends
Combat Vehicles to Witness Highest Growth During the Forecast Period
The crew compartment in armored combat vehicles such as infantry fighting vehicles (IFVs) provides limited space for the body movement of troops. This escalates a hazardous situation wherein the occupants may be subjected to lethal fire burn or suffocation due to smoke inhalation. Most current fire suppression systems are solid-based. However, the recent advancements in technology, such as the introduction of gas-based suppression agents that are less corrosive and have high oxygen deprivation capability, have driven the adoption of gas-based armored vehicle fire suppression systems.
The demand for combat vehicles is expected to increase due to rising military expenditure and the armored vehicles that are being procured by major countries such as the United States, China, Russia, South Korea, and Turkey. Most countries have undertaken armored vehicle procurement or upgrade plans to modernize and enhance their military capabilities. For instance, in June 2022, the US Army awarded a contract to General Dynamics Land Systems for its Mobile Protected Firepower program. As part of its multi-billion modernization effort, the US Army's next-generation combat vehicle portfolio is working on the development of future ground vehicles, including the mobile protected firepower program and the Optionally Manned Fighting Vehicle (OMFW).
Even smaller countries based in third-world regions are also inducting new armored vehicles into active service. For instance, in October 2023, Otokar was awarded a contract by Estonia for ARMA 4X4 and 6X6 armored personal vehicles for USD 137 million. The deliveries are planned to take place between 2024 and 2025. The vehicle has automatic fire extinguishing and explosion suppression system. Thus, with the demand for armored vehicles on the rise, the subsequent requirement for fire suppression systems/components is also anticipated to increase during the forecast period.
North America to Dominate the Market Share During the Forecast Period
North American countries, especially the United States and Canada, are amongst the top military spenders globally. The United States has actively deployed its troops in conflict-affected regions such as the Middle East, wherein large-scale use of rocket-propelled explosive projectiles and Improvised Explosive Devices (IEDs) pose a major threat to the safety of armored vehicles and troops inside them. This factor has significantly propelled the market development of safety measures such as fire suppression and extinguishing systems for Main Battle Tanks (MBTs), Armored Personnel Carriers (APCs), IFVs, etc.
The increasing use of sophisticated sensor systems to detect a fire outbreak has also enhanced the complexity of the system, which has driven the cost of such systems. Modern fire suppression systems, such as those produced by Ares, can detect a fire in less than three milliseconds and suppress it within 250 milliseconds. Army collaboration with research institutes has driven the development of better fire suppression systems by upgrading the existing old-school systems. For instance, in March 2021, the National Institute of Standards and Technology (NIST) developed a new interactive tool to help the US Army fight the fire effectively using the right amount of pressure parameters to extinguish the fire. New armored vehicle programs such as the Next-Generation Combat Vehicle (NGCV) are envisioned to drive the demand for fire suppression systems market in the region during the forecast period.
Armored Vehicle Fire Suppression Systems Industry Segmentation
The armored vehicle fire suppression systems market is semi-consolidated in nature, with a few players holding significant shares. Some of the prominent players in the market are N2 Towers Inc., Spectrex (Emerson Electric Co.), Fire Protection Technologies Pty Ltd, Kidde-Deugra Brandschutzsysteme GmbH (RTX Corporation), and Halma PLC. The stringent safety and regulatory policies in the defense segment are expected to restrict the entry of new players. Since a contract for armored vehicles requires high technological expertise and spans several years, careful identification and continuous monitoring of associative risks are required to be undertaken to assess their effects on the operational parameters of the manufacturing company.
Armored Vehicle Fire Suppression Systems Market Leaders
N2 Towers Inc.
Spectrex (Emerson Electric Co.)
Kidde-Deugra Brandschutzsysteme GmbH (RTX Corporation)
Fire Protection Technologies Pty Ltd.
Halma plc
*Disclaimer: Major Players sorted in no particular order
Armored Vehicle Fire Suppression Systems Market News
February 2023: India's Defence Acquisition Council (DAC) approved the procurement of the Futuristic Infantry Combat Vehicle (FICV) for the Indian Army. The FICV would have an automated activation response system that would suppress the fire within 130 milliseconds in the crew compartment and 10 seconds in engine compartments.
April 2022: Georgia received the modernized M2A4 Bradley Fighting Vehicle, and the army plans to acquire more than 700 of the new M2A4 Bradleys through 2029. The procurement of the M2A4 Bradley Fighting Vehicle is the country’s long effort to upgrade its Bradley Fighting Vehicles.
Armored Vehicle Fire Suppression System Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Vehicle Type
5.1.1 Combat Vehicles
5.1.2 Troop Transport Vehicles
5.1.3 Other Vehicle Types
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 United Kingdom
5.2.2.2 Germany
5.2.2.3 France
5.2.2.4 Russia
5.2.2.5 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 India
5.2.3.3 Japan
5.2.3.4 South Korea
5.2.3.5 Rest of Asia-Pacific
5.2.4 Latin America
5.2.4.1 Brazil
5.2.4.2 Rest of Latin America
5.2.5 Middle East and Africa
5.2.5.1 United Arab Emirates
5.2.5.2 Saudi Arabia
5.2.5.3 Turkey
5.2.5.4 Egypt
5.2.5.5 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Halma PLC
6.1.2 N2 Towers Inc.
6.1.3 Fire Protection Technologies Pty Ltd
6.1.4 Spectrex (Emerson Electric Co.)
6.1.5 Marotta Controls Inc.
6.1.6 Bulldog Direct Protective Systems Inc.
6.1.7 Kidde-Deugra Brandschutzsysteme GmbH (RTX Corporation)
6.1.8 ExploSpot Systems (Pty) Ltd
6.1.9 Nero Industries
6.1.10 Mikro-Pulssi Oy
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Armored Vehicle Fire Suppression Systems Industry Segmentation
Armored vehicle fire suppression systems are installed onboard military vehicles to control the eruption and spread of fire caused by a variety of factors, including hostile weapon fire, engine malfunction, etc. These systems are designed to suppress the spread of fire before it can damage critical systems while also protecting the passenger cabin from external fire.
The armored vehicle fire suppression systems market is segmented by vehicle type and geography. By vehicle type, the market is segmented into combat vehicles, troop transport vehicles, and other vehicle types. Other vehicles include armored cars and trucks. The report also covers the market sizes and forecasts for the armored vehicle fire suppression systems market in major countries across different regions. The report offers the market size in value terms in USD for all the abovementioned segments.
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Armored Vehicle Fire Suppression System Market Research FAQs
How big is the Armored Vehicle Fire Suppression Systems Market?
The Armored Vehicle Fire Suppression Systems Market size is expected to reach USD 24.42 million in 2024 and grow at a CAGR of 2.31% to reach USD 27.38 million by 2029.
What is the current Armored Vehicle Fire Suppression Systems Market size?
In 2024, the Armored Vehicle Fire Suppression Systems Market size is expected to reach USD 24.42 million.
Who are the key players in Armored Vehicle Fire Suppression Systems Market?
N2 Towers Inc., Spectrex (Emerson Electric Co.), Kidde-Deugra Brandschutzsysteme GmbH (RTX Corporation), Fire Protection Technologies Pty Ltd. and Halma plc are the major companies operating in the Armored Vehicle Fire Suppression Systems Market.
Which is the fastest growing region in Armored Vehicle Fire Suppression Systems Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Armored Vehicle Fire Suppression Systems Market?
In 2024, the North America accounts for the largest market share in Armored Vehicle Fire Suppression Systems Market.
What years does this Armored Vehicle Fire Suppression Systems Market cover, and what was the market size in 2023?
In 2023, the Armored Vehicle Fire Suppression Systems Market size was estimated at USD 23.86 million. The report covers the Armored Vehicle Fire Suppression Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Armored Vehicle Fire Suppression Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Military Vehicle Fire Suppression Systems Industry Report
Statistics for the 2024 Armored Vehicle Fire Suppression Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Armored Vehicle Fire Suppression Systems analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
