5 Reasons Your Business Needs a Fire Suppression System

Were you aware that the fire suppression system market was worth $16.8 billion in 2021 and is expected to reach $17.8 billion in 2022?

According to Grand View Research, the segment is poised to grow at a 4.8% compound annual growth rate to reach $25.9 billion in 2030. There are some good reasons to equip your business space with one if you haven’t already done so.

But if you’re running a business, do you really need a fire suppression system? Do companies in all industries require them, or do they only benefit some companies?

Continue reading to see five reasons every business should have a fire suppression system.

1. Quick Response

One of the benefits of a fire suppression system is quick response. A tiny spark can grow into a roaring inferno within seconds. And if flammable materials feed the fire in your office space, you’ll have a significant problem on your hands. According to one source, it can take south of 30 seconds for a small fire to become a significant one.

That’s why installing a fire suppression system is so essential. It will automatically activate when strategically placed sensors and detectors are triggered.

Depending on the type of fire suppression system you get, the system will quickly release mist, gas, foam, or some other substance to stop the fire in its tracks and extinguish it. The quick response will cut down on damage, whether to people or property. It’s a must-have system.

2. Reduce Collateral Damage

Getting a fire suppression system will also cut down on collateral damage. Because the system will activate quickly when danger is detected, there will be limited collateral damage. Having a fire alarm is great since it can alert people of a problem. But a fire suppression system takes things to the next level by preventing a small spark from growing into a destructive fire.

Without a fire suppression system, your business could suffer from a huge collateral hit that leads to damage to your office, your equipment, and even your employees. You can also see your insurance premiums increase if you’re forced to file a claim after a significant loss.

3. Customized to Fit Your Business Space

Another reason it makes sense to get a fire suppression system is that you can get something customized to meet your specific business needs. Depending on the nature of your business and facility, some fire suppression systems might be more appropriate. The company you go to for your system can recommend, which will be better for your application.

4. Save on Insurance Premiums

You can save on insurance premiums if you install safety and security systems. So, when you get a fire suppression system, let your insurer know. You’ll get a deduction in your insurance premiums. Getting a fire suppression system can dramatically reduce the risks fires pose. And lower risks mean a lower likelihood of filing a claim due to damage.

5. Protect Workers

It’s essential to offer your workers a safe environment to work in. Investing in a fire suppression system is about doing just that. If there’s ever a fire, the system will kick into action. This will prevent a situation that puts human lives at risk. Your workers are your business’ most valuable assets. So, it pays to acknowledge this by installing systems that keep them safe.

If your business doesn’t have a fire suppression system in place, it pays to consider doing so. But having one isn’t enough. You need to have the right one for your business environment. Finding a reputable provider of such systems will ensure you get what you need.