0
Upcoming Allied Market Research
2023
Fire Alarm And Detection Market

Fire Alarm and Detection Market

Size, Share, Competitive Landscape and Trend Analysis Report by Product Type (Fire Suppression, Fire Response, Fire Sprinkler System, Fire Analysis, Fire Detector, Others), by Services (Installation Services, Maintenance Services, Engineering Services, Others) and by End User (Households, Commercial, Constructions, Transport Logistics, Energy Power, Manufacturing, Governments, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

Report Code: A11875
Pages: NA
Tables: NA
Charts: NA
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

The fire alarm and detection market is expected to grow, owing to increase in demand in residential and commercial construction sites. An increase in awareness toward the safety and security of consumers is boosting the growth of sales of fire alarms and fire detection products globally. Fire alarm and fire detection technology helps detect flames, heat, smoke, and gas leak and raise an alert. Installed fire alarm and fire detection systems cover a broad area so that no corners are unguarded. The increase in customer expenditure on fire alarm and fire detection systems is expected to drive the demand in the residential, industrial, and commercial sectors. The end-users of fire alarm and fire detection systems are households, construction sites, commercial, transport & logistics, manufacturing, government, and others. The ongoing pandemic disrupted the distribution channel and reduced the availability of systems that created a gap in supply and demand.

COVID-19 Impact Analysis

  • Due to the outbreak of the COVID-19 pandemic, countries had to enforce lockdown that halted the progress of constructions of new properties and households. Therefore, the demand for fire alarm and fire detection systems decreased. The construction sites and other commercial places were the bulk buyers of these systems. The fire alarm and fire detection market saw a dip in production as sufficient labors were not available to continue the production process. The sales procedure could not complete as there was an unavailability of service personnel for installing the system.
  • Disruption in the distribution channel was an important cause as adequate raw materials couldn't reach the industries for production; the delivery of finished products to the dedicated stores was not possible. Consumers had no option to visit the specialized stores, whereas online purchase could not support the installation service.

Top Impacting Factors

  • Industries such as oil & gas, petrochemical, manufacturing, energy & power, and automotive are prone to fire outbreaks. Therefore, the demand for fire alarm and fire detection system is high from these industries. Manufacturers should work on improving the fire alarm and detection system by adding new features. Fire alarm systems can be programmed accordingly to reduce the reaction time for warning people.
  • COVID-19 pandemic harmed the fire alarm and detection market as the sales and demand for the product had decreased. It is expected that demand for the products will increase as the construction and other industries start working in full force after the decline of the pandemic.
  • The introduction of new technology is expected to improve the fire detection system such as fire detection system with multiple notifications, voice alert system, and wireless detectors will help in minimizing the risk.

Market Trends

Fire detectors connected with IoT.

The technology is developing day-by-day by creating an opportunity to upgrade the fire detector system with new features. Connecting the fire detector with IoT will enable new possibilities of controlling the system remotely from any desired place. In an emergency, the fire detector will interpret the situation and minimize the risk temporarily for a short period. It is expected to take necessary actions to avoid the accident that may turn worse.

A detector for multi-sensors should be a play changeover.

Currently, some companies are working on fire detectors to develop and add a multi-sensor feature that detects heat, smokes, infrared light from flames, and carbon monoxide from the surrounding air. This new feature is expected to drive the demand. Every industry or commercial office prone to accidents will opt to install this system for better protection from an unfavourable situation.

The addition of voice alert in the fire detection system is being expected to fuel the growth of the fire alarm and detector market.

The addition of a voice alert function in the fire detector system will alert the person and give them ample time to react. A voice narrative is easily heard and understood as it will preach clear instructions. On the other hand, it may be misunderstood or difficult to interpret a sound in a noisy environment. The voice alert function will produce an edge over ordinary fire detectors due to its narrative voice function. This invention is expected to fuel the growth of the fire alarm and detector market and increase the sales of fire alarm and detector systems.

Key Benefits of the Report

  • This study presents the analytical depiction of the fire alarm and detector industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the fire alarm and detector market share.
  • The current market is quantitatively analyzed to highlight the fire alarm and detector market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed fire alarm and detector market analysis on the basis of competitive intensity and how the competition will take shape in coming years

Questions Answered in the Report

  • Who are the leading market players active in the fire alarm and detector market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?

Fire Alarm and Detection Market Report Highlights

Aspects Details
By Product Type
  • Fire Suppression
  • Fire Response
  • Fire Sprinkler System
  • Fire Analysis
  • Fire Detector
  • Others
By Services
  • Installation Services
  • Maintenance Services
  • Engineering Services
  • Others
By End User
  • Households
  • Commercial
  • Constructions
  • Transport & Logistics
  • Energy & Power
  • Manufacturing
  • Governments
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (UAE, Argentina, Rest of LAMEA)
Key Market Players Company6, Company7, Company2, Company1, Company8, Company4, Company10, Company3, Company5, Company9
 

Loading Table Of Content...


 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Enquiry Now

Purchase Full Report of
Fire Alarm And Detection Market

Start reading.
This Report and over 71,233+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,690
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Single User
  • $5,820
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Five Users
  • $6,540
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Enterprise
    License/PDF

  • $9,870
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers