Global Fire Alarm Equipment Market Growth (Status and Outlook) 2023-2029

Global Fire Alarm Equipment Market Growth (Status and Outlook) 2023-2029

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.
LPI (LP Information)' newest research report, the “Fire Alarm Equipment Industry Forecast” looks at past sales and reviews total world Fire Alarm Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Fire Alarm Equipment sales for 2023 through 2029. With Fire Alarm Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fire Alarm Equipment industry.
This Insight Report provides a comprehensive analysis of the global Fire Alarm Equipment 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 Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Fire Alarm Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fire Alarm Equipment 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 Equipment.
The global Fire Alarm Equipment market size is projected to grow from US$ 18190 million in 2022 to US$ 26450 million in 2029; it is expected to grow at a CAGR of 5.5% from 2023 to 2029.
Johnson Controls, United Technologies Corporation, Siemens, Fike Corporation; Gentex Corporation; Halma PLC; Hochiki Corporation; and Honeywell International, Inc. are some of the prominent players operating in the market, most of which are known for providing innovative and advanced solutions. Top 5 manufacturers accounted for about 65.2% market share in 2019. They have been aggressively spending on R&D to innovate and gain a strategic advantage over their rivals. Apart from expansion and strategic partnerships, they also indulge in mergers and acquisitions as part of their strategy to gain market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Fire Alarm Equipment market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Conventional
Addressable Systems
Segmentation by application
Commercial
Industrial
Residential
Others
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.
Johnson Controls
United Technologies Corporation
Siemens
Honeywell
Bosch
Hochiki
Newell Brands Inc.
Nohmi
Minimax
Halma
Nittan
Buckeye Fire
Protec Fire
Fike Corporation
Mircom Technologies
Panasonic
Kentec Electronics
Gentex

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