South Korea Wireless Fire Detection Market to 2032

Overview

The South Korea Wireless Fire Detection Market is expected to reach a 15.24 USD Billion by 2032 and is projected to grow at a CAGR of 13.22% from 2025 to 2032.

Revenue, 2024 (USD Billion)

7.05

Forecast, 2032 (USD Billion)

15.24

CAGR, 2024 - 2032

13.22%

Report Coverage

South Korea

South Korea Wireless Fire Detection Market 2018-2032 USD Billion

South Korea Wireless Fire Detection Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 7.05 USD Billion
Projected Market Size (2032): 15.24 USD Billion
CAGR (2025-2032): 13.22%

Key Findings of South Korea Wireless Fire Detection Market

The South Korea Wireless Fire Detection Market was valued at 7.05 USD Billion in 2024.
The South Korea Wireless Fire Detection Market is likely to grow at a CAGR of 13.22% during the forecast period of 2024 to 2032.
In 2024, the Largest segment New Installation in Installation Type Segment accounted for the largest share of the market with a revenue of 4.16 USD Billion
The fastest growing segment Commercial in Vertical Segment grew Fastest with a CAGR of 16.73% during the forecast period from 2024 to 2032.

South Korea Wireless Fire Detection Market Scope

South Korea Wireless Fire Detection Market Segmentation & Scope

Vertical

Others
Healthcare
Residential
Commercial
Industrial

Applications

Outdoor
Indoor

Installation Type

Retrofit Installation
New Installation

System Type

Hybrid Systems
Fully Wireless Systems

Product Type

Others
Call Points
Input/Output Modules
Sensors/Detectors
Fire alarm panels and Modules

South Korea Wireless Fire Detection Market Data Coverage Insights

Study Period	2024-2032
Base Year	2022
Unit	Revenue in USD Billion
Market Value in 2024	7.05 USD Billion
Market Value in 2032	15.24 USD Billion
CAGR (2025-2032)	13.22%
Historic Data	2016-2023
Market Segments Covered	Vertical,Applications,Installation Type,System Type,Product Type

Regional Insights:

Leading Market (2024-2032): South Korea, leading in terms of revenue 7.05 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 7.05 USD Billion in 2024.

Segments and Scope

South Korea Wireless Fire Detection Market to 2032, By Vertical
- Industrial is the largest segment in South Korea Wireless Fire Detection Market to 2032 with a revenue of 2.45 USD Billion in the year 2024.
- Commercial is the Fastest growing segment in South Korea Wireless Fire Detection Market to 2032 with a Growth rate of 12.58 % in forecast period 2025-2032.
South Korea Wireless Fire Detection Market to 2032, By Applications
- Indoor is the largest segment in South Korea Wireless Fire Detection Market to 2032 with a revenue of 3.89 USD Billion in the year 2024.
- Indoor is the Fastest growing segment in South Korea Wireless Fire Detection Market to 2032 with a Growth rate of 13.82 % in forecast period 2025-2032.
South Korea Wireless Fire Detection Market to 2032, By Installation Type
- New Installation is the largest segment in South Korea Wireless Fire Detection Market to 2032 with a revenue of 4.16 USD Billion in the year 2024.
- New Installation is the Fastest growing segment in South Korea Wireless Fire Detection Market to 2032 with a Growth rate of 14.15 % in forecast period 2025-2032.
South Korea Wireless Fire Detection Market to 2032, By System Type
- Fully Wireless Systems is the largest segment in South Korea Wireless Fire Detection Market to 2032 with a revenue of 3.80 USD Billion in the year 2024.
- Hybrid Systems is the Fastest growing segment in South Korea Wireless Fire Detection Market to 2032 with a Growth rate of 12.49 % in forecast period 2025-2032.
South Korea Wireless Fire Detection Market to 2032, By Product Type
- Fire alarm panels and Modules is the largest segment in South Korea Wireless Fire Detection Market to 2032 with a revenue of 2.10 USD Billion in the year 2024.
- Fire alarm panels and Modules is the Fastest growing segment in South Korea Wireless Fire Detection Market to 2032 with a Growth rate of 15.41 % in forecast period 2025-2032.

South Korea Wireless Fire Detection Market Company Share Analysis

Company Name
Johnson Controls
Robert Bosch GmbH
Siemens
Honeywell International Inc.
Halma plc

South Korea Wireless Fire Detection Market Geographical Sales Distribution, 2018-2032 USD Billion

South Korea Wireless Fire Detection Market Company Profiling

Industry Related Reports

South America Application-Specific Integrated Circuit (ASIC) Market

Middle East & Africa Application-Specific Integrated Circuit (ASIC) Market

North America Application-Specific Integrated Circuit (ASIC) Market

Europe Application-Specific Integrated Circuit (ASIC) Market

Asia-Pacific Application-Specific Integrated Circuit (ASIC) Market

Argentina Application-Specific Integrated Circuit (ASIC) Market

Australia Application-Specific Integrated Circuit (ASIC) Market

Belgium Application-Specific Integrated Circuit (ASIC) Market

Brazil Application-Specific Integrated Circuit (ASIC) Market

Canada Application-Specific Integrated Circuit (ASIC) Market

Frequently Asked Questions

What are the primary segments covered in the South Korea Wireless Fire Detection Market?

The South Korea Wireless Fire Detection Market is segmented based on Segmentation Vertical,Applications,Installation Type,System Type,Product Type.

What is the current market size of the South Korea Wireless Fire Detection Market?

South Korea Wireless Fire Detection Market was valued at USD 7.05(Revenue in USD Billion) in 2022.

What is the expected growth rate of the South Korea Wireless Fire Detection Market?

South Korea Wireless Fire Detection Market is projected to grow at a CAGR of 13.22% during the forecast period of 2024 to 2032.

Which is the dominating segment in the South Korea Wireless Fire Detection Market?

The New Installation segment is expected to dominate the South Korea Wireless Fire Detection Market, holding a largest market share of 4.16 USD Billion in 2024