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Fire Alarm And Detection Market - By Alarm Technology (Conventional Systems and Addressable Systems), by Detection Technology (Smoke Detectors, Flame Detectors, and Heat Detectors), By Application (Commercial and Non-Commercial), And By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025

Published Date: 11-Dec-2020 Category: Semiconductor & Electronics Report Format : PDF Pages: 110 Report Code: ZMR-2929 Status : Published

Global Fire Alarm And Detection market, which was estimated at about 37 (USD Billion) in 2018 and is predicted to accrue earnings worth 70 (USD Billion) by 2025, is set to record a CAGR of nearly about 8.3% over 2019-2025.

Description

The global Fire Alarm And Detection market, which was estimated at about 37 (USD Billion) in 2018 and is predicted to accrue earnings worth 70 (USD Billion) by 2025, is set to record a CAGR of nearly about 8.3% over 2019-2025. The report offers valuation and analysis of Fire Alarm And Detection market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Billion).

Introduction

Fire alarm system has large number of equipment working together for detecting and warning individuals through audio & visual appliances about the smoke or fire or in case of contingencies.  These alarm systems & detectors can be activated through heat & smoke detectors or through manual firm alarm activators. While fire alarm & detection systems sound like a siren in Europe, they create a sound like horn in countries like the U.S. and Canada. Apparently, these systems are designed for determining gas leakage, heat, smoke, and fire that can result in big accident. They are also utilized for detecting fire cases in the initiation phase to raise fire alerts for reducing the financial loss and preventing human casualties.

Market Growth Dynamics

Escalating need for new smoke detection tools in the industries like oil & gas, manufacturing, automotive, energy & power, petrochemical, mining, and construction that are prone to fire outbreak will propel the expansion of fire alarm and detection industry over the years ahead.  Apart from this, the need for improving the current alarm & detection systems with added features along with strict compliance with the government laws will promulgate the industry expansion over the forecast timeline.

Furthermore, surge in the fire collisions in manufacturing as well as chemical sectors has resulted in the necessity for deploying new alarm & detection systems in industrial, residential, mining, and commercial sectors. This, in turn, will propel the expansion of fire alarm and detection market over the forthcoming years. Apparently, technological breakthroughs like launching of wireless alarm systems, smoke detection systems, and water mist technologies will prompt the business growth over the estimated timeline.

North American Market Size To Increase Manifold Over Forecast Timespan

The growth of the industry in the North American sub-continent over the assessment timespan is owing to a protuberant rise in construction activities in the countries like Canada as a result of the Canadian government scheme with a logo of ‘Investing in Canada Plan’. Reportedly, as per the logo the Canadian government has decided to allocate funds worth US$ 139 billion for infrastructural growth by 2028. Rise in the construction activities witnessed in residential & commercial spaces in the U.S. will proliferate the penetration of free alarm & detection systems in the country. This will further embellish the regional market trends.  

Key participants in the study include Emersion Electric Co., Honeywell International, Inc., Fike Corporation, Gentex Corporation, Halma Plc., and Hochiki Corporation.

The global fire alarm and detection market is segmented as follows:

By alarm technology:

  • Addressable Systems
  • Conventional Systems

By detection technology:

  • Smoke Detectors
  • Flame Detectors
  • Heat Detectors

By application:

  • Commercial
  • Non-commercial

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodulogy
      • 1.3.1. Market Research Type
      • 1.3.2. Market Research Methodulogy
  • Chapter 2. Executive Summary
    • 2.1. Free Alarm and Detection Market , 2015–2025 (USD Billion)
    • 2.2. Free Alarm and Detection Market : Snapshot
  • Chapter 3. Global Free Alarm and Detection Market – Industry Analysis
    • 3.1. Free Alarm and Detection Market : Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Escalating need for new smoke detection touls in the industries like oil & gas, manufacturing, automotive, energy & power, petrochemical, mining, and construction that are prone to fire outbreak will propel the expansion of fire alarm and detection industry over the years ahead.
      • 3.2.2. Surge in the fire cullisions in manufacturing as well as chemical sectors has resulted in the necessity for deploying new alarm & detection systems in industrial, residential, mining, and commercial sectors. This, in turn, will propel the expansion of fire alarm and detection market over the forthcoming years.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Alarm Technulogy
      • 3.4.3. Market attractiveness analysis By Detection Technulogy
  • Chapter 4. Global Free Alarm and Detection Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Free Alarm and Detection Market : company market share, 2017
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Free Alarm and Detection Market – Application Analysis
    • 5.1. Global Free Alarm and Detection Market overview: By Application
      • 5.1.1. Global Free Alarm and Detection Market share, By Application, 2018 and 2025
    • 5.2. Commercial
      • 5.2.1. Global Free Alarm and Detection Market By Commercial, 2015–2025 (USD Billion)
    • 5.3. Non-Commercial
      • 5.3.1. Global Free Alarm and Detection Market By Non-Commercial, 2015–2025 (USD Billion)
  • Chapter 6. Global Free Alarm and Detection Market – Alarm Technulogy Analysis
    • 6.1. Global Free Alarm and Detection Market overview: By Alarm Technulogy
      • 6.1.1. Global Free Alarm and Detection Market share, By Alarm Technulogy , 2018 and 2025
    • 6.2. Conventional Systems
      • 6.2.1. Global Free Alarm and Detection Market By Conventional Systems , 2015–2025 (USD Billion)
    • 6.3. Addressable Systems
      • 6.3.1. Global Free Alarm and Detection Market By Addressable Systems, 2015–2025 (USD Billion)
  • Chapter 7. Global Free Alarm and Detection Market – Detection Technulogy Analysis
    • 7.1. Global Free Alarm and Detection Market overview: By Detection Technulogy
      • 7.1.1. Global Free Alarm and Detection Market share, By Detection Technulogy , 2018 and 2025
    • 7.2. Smoke Detectors
      • 7.2.1. Global Free Alarm and Detection Market By Smoke Detectors, 2015–2025 (USD Billion)
    • 7.3. Flame Detectors
      • 7.3.1. Global Free Alarm and Detection Market By Flame Detectors, 2015–2025 (USD Billion)
    • 7.4. Heat Detectors
      • 7.4.1. Global Free Alarm and Detection Market By Heat Detectors, 2015–2025 (USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Fike Corporation
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Technulogy Portfulio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. Emerson Electric Co.
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Technulogy Portfulio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. Gentex Corporation
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Technulogy Portfulio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Honeywell International, Inc.
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Technulogy Portfulio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. Hochiki Corporation
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Technulogy Portfulio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development

Methodology


Frequently Asked Questions

Escalating need for new smoke detection tools in the industries like oil & gas, manufacturing, automotive, energy & power, petrochemical, mining, and construction that are prone to fire outbreak will propel the expansion of fire alarm and detection industry over the years ahead.  Apart from this, the need for improving the current alarm & detection systems with added features along with strict compliance with the government laws will promulgate the industry expansion over the forecast timeline.

Furthermore, surge in the fire collisions in manufacturing as well as chemical sectors has resulted in the necessity for deploying new alarm & detection systems in industrial, residential, mining, and commercial sectors. This, in turn, will propel the expansion of fire alarm and detection market over the forthcoming years.

According to Zion Market Research report, the global Fire Alarm And Detection market, which was estimated at about 37 (USD Billion) in 2018 and is predicted to accrue earnings worth 70 (USD Billion) by 2025, is set to record a CAGR of nearly about 8.3% over 2019-2025.

North America is likely to make noteworthy contributions towards overall Free Alarm and Detection Market revenue in the coming years. The growth of the market in the region over estimated timespan can be ascribed to a protuberant rise in construction activities in the countries like Canada as a result of the Canadian government scheme with a logo of ‘Investing in Canada Plan’. Reportedly, as per the logo the Canadian government has decided to allocate funds worth US$ 139 billion for infrastructural growth by 2028. Rise in the construction activities witnessed in residential & commercial spaces in the U.S. will proliferate the penetration of free alarm & detection systems in the country. This will further embellish the regional market trends.

The key players profiled in the report include Emersion Electric Co., Honeywell International, Inc., Fike Corporation, Gentex Corporation, Halma Plc., and Hochiki Corporation.
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