Press release
Wireless Fire Detection Systems Market 2024-2033: Trends, Analysis & Market Outlook
The wireless fire detection systems market size is expected to see strong growth in the next few years. It will grow to $2.93 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to industry-specific requirements, cost competitiveness, regulatory compliance, integration with iot and smart solutions, remote accessibility and monitoring.. Major trends in the forecast period include enhanced safety standards, cost efficiency, integration with smart buildings, ease of installation and maintenance, technology evolution..
Market Overview -
A wireless fire detection system is a fire alarm appliance that identifies a fire through automatic methods and then alert building occupants to a fire condition. It offers a dependable, simple-to-install, battery-powered solution for short-term or long-term applications that can be swiftly deployed. The main advantage of this is portability, as it is easy to install anywhere.
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The Role Of The Booming Construction Industry In The Growth Of Wireless Fire Detection Systems Market
The increasing construction industry is expected to propel the growth of the wireless fire detection systems market going forward. The construction industry includes the building of roads and other service facilities as well as repair of buildings and other immovable structures that have become fundamental components of structures and are necessary for their use. The wireless fire detection systems are a part of a building that notify building occupants to take evasive action to escape the dangers of hostile fire. For instance, according to Oxford Economics, a UK-based provider of economic forecasting, and analysis, global construction grew by 6.6% in 2021, and further, it is expected to grow by 35% by 2030. Therefore, the increasing construction industry is driving the growth of the wireless fire detection systems market.
Competitive Landscape -
Major companies operating in the wireless fire detection systems market report are Siemens AG, Electro Detectors Ltd., EMS Wireless Fire and Security Ltd., Sterling Safety Systems, EuroFyre Ltd., Honeywell International Inc., Halma Plc., Detectomat Systems GmbH, Robert Bosch GmbH, Tyco International Plc., Hochiki Corporation, Zeta Alarms Ltd., Ceasefire Industries Pvt. Ltd., Johnson Controls, Napco Security Technologies Inc., Argus Security SRL, Apollo Fire Detectors Limited, Wagner Group GmbH, Sensirion GmbH, Nittan Fire & Security Ltd., Potter Electric Signal Co., Fire-Dex, Fire Systems Ltd., Advanced Fire Detection Systems Ltd., Allerton Fire Protection Ltd., Amere*x Fire Sprinkler Corporation, American Fire Sprinkler Company, Ansul Fire Systems, Forsafe Limited., GE Security .
Kentec Electronics Revolutionizes Fire Safety With K-Mesh Is A Breakthrough In Wireless Fire Detection Systems
Technological advancements are a key trend gaining popularity in the wireless fire detection systems market. Major companies operating in the wireless fire detection systems market are focused on developing new technologies to strengthen their position in the market. For instance, in January 2022, Kentec Electronics, a UK-based renowned manufacturer of life-critical control systems launched K-Mesh, which can be used with Kentec's addressable fire alarm panels. It is a self-healing and configuring Mesh technology-based next-generation wireless detection system that offers the highest levels of reliability. With the use of wireless sound, light, and voice command features, K-SmartGuide Mesh's new UNIQUE technology promotes safe and strategic building evacuation while offering the highest level of clarity in evacuation directions.
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Key Segments -
The wireless fire detection systems market covered in this report is segmented -
1) By Product: Smoke Detector, Heat Detector, Gas Detector, Multi Sensor Detector
2) By Model: Fully wireless, Hybrid
3) By Installation Type: New installation, Retrofit
4) By Application: Indoor, Outdoor
5) By Vertical: Residential, Commercial, Government, Manufacturing
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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