Global Fire Detection and Alarm Systems Market Growth 2023-2029

Global Fire Detection and Alarm Systems Market Growth 2023-2029

A fire detection ad 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. These alarms may be activated automatically from smoke detectors, and heat detectors or may also be activated via manual fire alarm activation devices such as manual call points or pull stations. Alarms can be either motorized bells or wall mountable sounders or horns. They can also be speaker strobes which sound an alarm, followed by a voice evacuation message which warns people inside the building not to use the elevators. Fire alarm sounders can be set to certain frequencies and different tones including low, medium and high, depending on the country and manufacturer of the device. Most fire alarm systems in Europe sound like a siren with alternating frequencies. Fire alarm electronic devices are known as horns in the United States and Canada and can be either continuous or set to different codes. Fire alarm warning devices can also be set to different volume levels.

LPI (LP Information)' newest research report, the “Fire Detection and Alarm Systems Industry Forecast” looks at past sales and reviews total world Fire Detection and Alarm Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Fire Detection and Alarm Systems sales for 2023 through 2029. With Fire Detection and Alarm Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fire Detection and Alarm Systems industry.

This Insight Report provides a comprehensive analysis of the global Fire Detection and Alarm 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 Detection and Alarm Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fire Detection and Alarm Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fire Detection and Alarm 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 Detection and Alarm Systems.

The global Fire Detection and Alarm Systems market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Fire Detection and Alarm Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Fire Detection and Alarm Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Fire Detection and Alarm Systems is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Fire Detection and Alarm Systems players cover Johnson Controls, United Technologies Corporation, Siemens, Honeywell, Bosch, Hochiki, Newell Brands Inc., Nohmi and Minimax, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Fire Detection and Alarm Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Conventional Fire Detection and Alarm Systems
Addressable Fire Detection and Alarm Systems

Segmentation by application
Commercial
Industrial
Residential
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.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Fire Detection and Alarm Systems market?

What factors are driving Fire Detection and Alarm Systems market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Fire Detection and Alarm Systems market opportunities vary by end market size?

How does Fire Detection and Alarm Systems break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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