Global Fire Alarm and Automatic Fire-Fighting Systems Market Growth (Status and Outlook) 2023-2029

Global Fire Alarm and Automatic Fire-Fighting Systems Market Growth (Status and Outlook) 2023-2029

Fire automation system plays an important role in security.It is an automatic and intelligent fire monitoring system with fire detection and automatic alarm, evacuation broadcast, computer coordinated control and management.It can be centralized control, and decentralized control and operation, to complete its own disaster prevention and fire fighting ability.At present, a fully functional fire automation is mainly composed of four systems, namely: alarm system (regional alarm system, centralized alarm system, control center alarm system).(2) fire extinguishing system (water sprinkler system, hydrant extinguishing system, gas extinguishing system).(3) linkage system (linkage stop air conditioning and start fire smoke equipment, linkage close fire shutter, linkage cut off non-fire power, linkage elevator bottom lock).(4) emergency broadcast system (district broadcast/district broadcast, floor fire alarm telephone contact and instant recording).
LPI (LP Information)' newest research report, the “Fire Alarm and Automatic Fire-Fighting Systems Industry Forecast” looks at past sales and reviews total world Fire Alarm and Automatic Fire-Fighting Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Fire Alarm and Automatic Fire-Fighting Systems sales for 2023 through 2029. With Fire Alarm and Automatic Fire-Fighting Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fire Alarm and Automatic Fire-Fighting Systems industry.
This Insight Report provides a comprehensive analysis of the global Fire Alarm and Automatic Fire-Fighting Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fire Alarm and Automatic Fire-Fighting Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fire Alarm and Automatic Fire-Fighting Systems market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fire Alarm and Automatic Fire-Fighting Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fire Alarm and Automatic Fire-Fighting Systems.
The global Fire Alarm and Automatic Fire-Fighting Systems market size is projected to grow from US$ 5315.3 million in 2022 to US$ 9667.7 million in 2029; it is expected to grow at a CAGR of 8.9% from 2023 to 2029.
Global Fire Alarm and Automatic Fire-Fighting Systems key players include UTC, Hochiki Corporation, Honeywell, etc. Global top three manufacturers hold a share over 55%.
United States is the largest market, with a share over 35%, followed by Europe, and Japan, both have a share over 30 percent.
In terms of product, Hardware is the largest segment, with a share about 85%. And in terms of application, the largest application is Business, followed by Public, Residential, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Fire Alarm and Automatic Fire-Fighting Systems market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Hardware
Software
Segmentation by application
Residential
Business
Public
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
UTC
Hochiki Corporation
Honeywell
Siemens
Johnson Controls
SONGJIANG
Micropack Engineering
Fike
VSAIL
LEADER GROUP
CFS
Firefly AB
JADE BIRD FIRE
Argus Security
HuiAn

Please note: The report will take approximately 2 business days to prepare and deliver.