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The global fire alarm and detection system market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
A fire alarm and detection system is used for sounding an alarm in case of gas leaks or fire. It consists of an electronic alarm, printed circuit board, sensing chamber and polystyrene plastic casing. It is commonly available in smoke, multi-sensor, carbon monoxide and heat detector variants. The system senses fire or smoke and sounds a warning for the occupants and simultaneously alerts the staff monitoring station to initiate the evacuation procedure. Fire alarm and detection systems aid in the early detection of threats and can be conveniently installed in enclosed spaces, thereby minimizing the risks of fatal fire accidents. As a result, these systems are widely installed in residential and commercial complexes, such as industrial hubs, factories, hotels, shopping malls and restaurants.
The widespread product adoption in the residential sector across the globe is one of the key factors driving the growth of the market. Fire alarm and detection systems are widely used to continuously monitor the building and surrounding areas for fire outbreaks. Additionally, the increasing product deployment in educational institutes is favoring the market growth. Fire alarm and detection systems are extensively used to assist in detecting smoking in restrooms and fire in laboratories to ensure the safety of the children. Moreover, various product innovations, such as the launch of wireless systems, are providing a thrust to the market growth. These systems are integrated with the Internet of Things (IoT) and artificial intelligence (AI) solutions to monitor ambient temperatures, send real-time notifications to the fire departments and avoid false alarms. Other factors, including the increasing construction of smart buildings, along with the implementation of various government initiatives to promote fire safety and security, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global fire alarm and detection system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, detection technology, offering, connectivity and end user.
Breakup by Product Type:
Breakup by Detection Technology:
Breakup by Offering:
Breakup by Connectivity:
Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Carrier Global Corporation, Channel Safety Systems Limited, Eaton Corporation PLC, Fike Corporation, Haes Technologies Ltd, Halma PLC, Hochiki Corporation, Honeywell International Inc., Napco Security Technologies Inc., Nittan Co. Ltd (Secom Co. Ltd.), NSC Sicherheitstechnik GmbH and Siemens AG.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Detection Technology, Offering, Connectivity, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Carrier Global Corporation, Channel Safety Systems Limited, Eaton Corporation PLC, Fike Corporation, Haes Technologies Ltd, Halma PLC, Hochiki Corporation, Honeywell International Inc., Napco Security Technologies Inc., Nittan Co. Ltd (Secom Co. Ltd.), NSC Sicherheitstechnik GmbH and Siemens AG.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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