Global Fire Alarm System Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Fire Alarm System market size was valued at USD 19130 million in 2023 and is forecast to a readjusted size of USD 24560 million by 2030 with a CAGR of 3.6% during review period.
A Fire Alarm System has a number of devices working together to detect and warn people through visual and audio appliances when smoke, fire, carbon monoxide or other emergencies are present.
The Fire Alarm Systems equipment market has been witnessing a lot of new innovations, for both product and technology. Although the global market for Fire Alarm Systems equipment market is at a mature stage, the associated products and technologies are still in their growth phase and contribute largely towards the market growth. Moreover, the global market for Fire Alarm Systems equipments continuously grows with the demand in the construction industry and the mandatory health safety guidelines. Among different fire equipments present on a global level, the photoelectric detectors are expected to dominate the Fire Alarm Systems equipment market by gaining additional market space than others, such as ionization smoke detectors.
In United States, Fire Alarm Systems key players include Johnson Controls International, Siemens, Honeywell, etc. Top 3 players hold a share over 62%.
In terms of product, Addressable Systems is the largest segment, with a share over 69%. And in terms of application, the largest application is Commercial.
The Global Info Research report includes an overview of the development of the Fire Alarm System industry chain, the market status of Commercial Buildings (Conventional Fire Alarm Systems, Addressable Fire Alarm Systems), Industrial Buildings (Conventional Fire Alarm Systems, Addressable Fire Alarm Systems), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Fire Alarm System.
Regionally, the report analyzes the Fire Alarm System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Fire Alarm System market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Fire Alarm System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Fire Alarm System industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Conventional Fire Alarm Systems, Addressable Fire Alarm Systems).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Fire Alarm System market.
Regional Analysis: The report involves examining the Fire Alarm System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Fire Alarm System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Fire Alarm System:
Company Analysis: Report covers individual Fire Alarm System manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Fire Alarm System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial Buildings, Industrial Buildings).
Technology Analysis: Report covers specific technologies relevant to Fire Alarm System. It assesses the current state, advancements, and potential future developments in Fire Alarm System areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Fire Alarm System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Fire Alarm System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Conventional Fire Alarm Systems
Addressable Fire Alarm Systems
Market segment by Application
Commercial Buildings
Industrial Buildings
Public Buildings
Government and Institutional Buildings
Others
Major players covered
Fike
Fire-Lite
Safelincs
Bosch
Haes Systems
NSC Sicherheitstechnik
Mircom
Edwards Signaling
Channel Safety Systems
Apollo Fire Detectors Ltd
Cooper Fire
The Safety Centre
Kentec Electronics Ltd
Gent
Olympia
Schneider Electric
Advanced(UK)
Eurotechfire
Siemens
Ziton
Protec
Zeta Alarms Ltd
Farenhyt
Fields Fire Protection
Firetronics
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fire Alarm System product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fire Alarm System, with price, sales, revenue and global market share of Fire Alarm System from 2019 to 2024.
Chapter 3, the Fire Alarm System competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fire Alarm System breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Fire Alarm System market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fire Alarm System.
Chapter 14 and 15, to describe Fire Alarm System sales channel, distributors, customers, research findings and conclusion.