Registering a CAGR of 6.8% over the forecast period, the market value of Fire Alarm and Automatic Fire-Fighting Systems is expected to reach US$ 72.720 million in the year 2027.
The report aspects discussed the profile of the top manufacturers of the global Fire Alarm and Automatic Fire-Fighting Systems market. These aspects include the financial status of major companies, trending advancements, and the entire market scenario. Growth of the report has examined Fire Alarm and Automatic Fire-Fighting Systems Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
The factors influencing the changes in laws in the market on a national level, as well as the market's current and future prospects, will also be covered in the study report on the fire alarm and automatic fire-fighting systems market. Additionally, it's crucial to consider market information for Fire Alarm and Automatic Fire-Fighting Systems, including volume, production, locations, distribution, pricing market research, input material costs, and downstream and upstream industry analysis, when estimating the market situation for developing nations. Recently, a market research report on the market was published. The goal of this strategic assessment research is to present a complete picture of the Fire Alarm and Automatic Fire-Fighting Systems Industry, taking into account both the present market conditions and the potential for growth between 2022 and 2027.
The global Fire Alarm and Automatic Fire-Fighting Systems includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include, UTC, Honeywell, Hochiki Corporation, Siemens, Johnson Controls, Firefly AB, Fike, Argus Security, Micropack Engineering Ltd, CFS, VSAIL, Huian, Songjiang Feifan, Leader Group, Jade Bird Fire, and others.
Industry News and Updates:
Johnson Controls launches Autocall™ brand of fire detection systems
Dec. 5, 2017 – Johnson Controls introduces Autocall™, a brand of fire detection systems that combines advanced technology with proven performance to help ensure customers and their facilities are safe every day. With a full range of control panels and the industry’s latest addressable technology, Autocall systems are flexible enough to meet the unique challenges of nearly any project. Powerful networking capabilities allow Autocall to take on projects ranging in size from a simple office building to complex, multi-facility campuses. The Autocall Truesite Workstation, a PC-based graphical command center, simplifies system monitoring and puts management of your entire system at your fingertips. Its high-resolution graphical display shows the locations of events on both a campus-wide map and individual building floor plans. All key features and functionality of the TrueSite Workstation are available on Apple or Android mobile devices with the Autocall Mobile Client app.
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
By Application, it is segmented into
In 2021, North America held a commanding position in the fire prevention systems market and contributed more than 35.0 percent of global revenue. This is due to the growing demand for intelligent homes and smart buildings, which provide the highest level of safety. Manufacturers of fire prevention systems, like Raytheon Technologies Corporation, GENTEX CORPORATION, and Honeywell International Inc., are also widely distributed in North America. Through marketing campaigns, these businesses actively promote the use of fire protection devices.
The Fire Alarm and Automatic Fire-Fighting Systems Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Fire Alarm and Automatic Fire-Fighting Systems Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Fire Alarm and Automatic Fire-Fighting Systems Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Fire Alarm and Automatic Fire-Fighting Systems Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.
Report Attributes | Report Details |
Report Title | Fire Alarm and Automatic Fire-Fighting Systems Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions, and By Key Players: UTC, Honeywell, Hochiki Corporation, Siemens, Johnson Controls |
Forecast Period 2022 to 2027 CAGR | CAGR of 6.8% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | UTC, Honeywell, Hochiki Corporation, Siemens, Johnson Controls, Firefly AB, Fike, Argus Security, Micropack Engineering Ltd, CFS, VSAIL, Huian, Songjiang Feifan, Leader Group, Jade Bird Fire |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 165 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Fire Alarm and Automatic Fire-Fighting SystemsMarket is studied from 2017 - 2027.
What is the growth rate of the Fire Alarm and Automatic Fire-Fighting Systems Market?
The Fire Alarm and Automatic Fire-Fighting Systems Market is growing at a CAGR of 6.8% over the next 5 years.
Who are the key players in Fire Alarm and Automatic Fire-Fighting Systems Market?
UTC, Honeywell, Hochiki Corporation, Siemens, Johnson Controls, Firefly AB, Fike, Argus Security, Micropack Engineering Ltd, CFS, VSAIL, Huian, Songjiang Feifan, Leader Group, Jade Bird Fire
What regions does this Fire Alarm and Automatic Fire-Fighting Systems Market report cover?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Fire Alarm and Automatic Fire-Fighting Systems Market?
Hardware, Software
What are the major end-use applications of Fire Alarm and Automatic Fire-Fighting Systems Market?
Residential, Business, Public, Other
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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