APAC Fire Detection Market - Industry Trends and Forecast to 2031
The Asia-Pacific fire detection market is expected to reach USD 5,846.72 million by 2030 from USD 3,760.33 million in 2022, growing at a CAGR of 5.8% during the forecast period of 2023 to 2030.
Market SegmentationAsia-Pacific Fire Detection Market, By System Type (Fully Wireless System, Hybrid System, and Others), Product (Smoke Detector, Flame Detector, and Heat Detector), Mode (Conventional Mode, Addressable Mode, and Standalone Mode), Detection Technology (Active Fire System and Passive Fire System), Connectivity (Wired and Wireless), Component (Hardware, Software, and Services), End-User (Commercial, Industrial, Residential, Government, and Others), Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific) – Industry Trends and Forecast to 2030
Overview of Asia-Pacific Fire Detection Market Dynamics
Driver
• Increasing demand from the commercial industry due to rising electronic components and features
Restraint
• Supply chain disruption for detection system
Opportunity
• Increasing partnership & collaboration regarding the detection system across the region
Market PlayersSome of the major market players operating in the Asia-Pacific fire detection market are:• Johnson Controls
• Carrier
• Eaton
• Siemens
• Bosch Sicherheitssysteme GmbH
• Honeywell International Inc.
• HOCHIKI Corporation
• Minimax GmbH
• ABB
• Halma plc
• Emerson Electric Co.
• Securiton AG
• ADT
• Schrack Seconet AG
• Mircom Group of Companies
• Fire Shield Systems Limited
• Firetrol Protection Systems, Inc.
• ORR PROTECTION
• Amerex Corporation
• Napco Security Technologies, Inc.
• Gentex Corporation
• Cosco Fire Protection
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