Global Wireless Fire Detection Market, By Product Type (Sensors/Detectors, Call Points, Fire Alarm Panels and Modules, Input/output Modules, Others), System Type (Fully Wireless Systems, Hybrid Systems), Installation Type (New Installation, Retrofit Installation), Application (Indoor, Outdoor), Vertical (Industrial, Residential, Commercial, Government, Manufacturing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses the wireless fire detection market will exhibit a CAGR of 7.58% for the forecast period of 2021-2028 and is expected to reach the USD 545.05 million by 2028.
In comparison to a traditional system, wireless fire detection is defined as a system that ensures dependable data transmission. These systems are ideal for new construction or remodelling projects when cable channels are installed during the construction period. Wireless fire detection systems provide various advantages, including cheap maintenance high efficiency, costs, adaptability, and others. Additionally, wireless fire detection systems involve remote key which is used to activate the panic button. With the help of cellular technology these systems communicate wirelessly through which users can activate system functions using a mobile device. This system is mainly installed in factories, commercial buildings and offices.
The rise in trend of adopting wireless connected safety systems in residential and commercial buildings and advancement in technologies such as artificial intelligence (AI) and the internet of things (IoT) will influence the growth of the wireless fire detection market. Furthermore, the growing ability of IoT- enables wireless fire detection systems in preventing fire accidents and injuries, growing emphasis on design, aesthetics and ease included in these systems will enhance the market growth rate. The increasing demand for residential fire safety and increasing awareness are the drivers accelerating the market growth rate.
Enhancement in the regulations and standards associated with fire safety and the rising number of research and development activities will create beneficial opportunities for the market's growth.
However, high cost associated with these systems and perceptions of consumers about the low reliability of devices are the factors that will act as restraints for the growth of wireless fire detection market and will further challenge the growth of the market.
This wireless fire detection market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on wireless fire detection market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Wireless Fire Detection Market Scope and Market Size
The wireless fire detection market is segmented on the basis of product type, system type, installation type, application and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- The wireless fire detection market on the basis of product type is segmented into sensors/detectors, call points, fire alarm panels and modules, input/output modules and others. Sensors/detectors have been further sub-segmented into smoke detectors, heat detectors, gas detectors and multi-sensor detectors. Smoke detectors have been divided into photoelectric, ionization and dual sensor.
- Based on system type, the wireless fire detection market is segmented into fully wireless systems and hybrid systems.
- Based on installation type, the wireless fire detection market is segmented into new installation and retrofit installation.
- Based on application, the wireless fire detection market is segmented into indoor and outdoor.
- Based on vertical, the wireless fire detection market is segmented into industrial, residential, commercial, government, manufacturing and others. Commercial has been further sub-segmented into academia and institutional, retail, healthcare, hospitality and historical buildings and BFSI.
Wireless Fire Detection Market Country Level Analysis
The wireless fire detection market is analysed and market size, volume information is provided by country, product type, system type, installation type, application and vertical as referenced above.
The countries covered in the wireless fire detection market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the wireless fire detection market and will continue to flourish its trend of dominance due to the presence of major key players, high adoption of wireless fire detection systems in commercial and residential sectors. Europe is expected to grow during the forecast period of 2021-2028 due to the growing presence of wireless fire detection systems manufacturers and strict government rules for installing smoke alarms and smoke detectors in this region.
The country section of the wireless fire detection market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Wireless Fire Detection Market Share Analysis
The wireless fire detection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Wireless fire detection market.
The major players covered in the wireless fire detection market report are EMS Ltd, Sterling and Wilson Pvt. Ltd., Electro Detectors Ltd, Siemens, WAGNER Group GmbH, HOCHIKI Corporation., Honeywell International, Inc., Halma Plc., Apollo Fire Detectors, Detectomat Systems GmbH, Robert Bosch Gmbh, EUROFYRE LTD., Napco Security Technologies, Inc., Sonatech Nederland, Ceasefire Industries Pvt. Ltd, Johnson Controls, Zeta Alarms Ltd, Attentis Pty Ltd., Vigilys, Inc., and Libelium Comunicaciones Distribuidas S.L, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.