Fire Alarm Equipment Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Johnson Controls, United Technologies Corporation, Siemens, Honeywell, Bosch

Over the next five years the Fire Alarm Equipment Market will register an 7.5% CAGR in terms of revenue, the global market size will reach USD 98.92 billion by 2027.

Fire Alarm Equipment Market Overview

When smoke, carbon monoxide, fire, or other fire-related issues are discovered, a fire alarm equipment alerts people. It's made for detecting fire early on in its progression, when there's still time to safely evacuate the residents. Detectors and alarms are linked in this system. The alarm system, on the other hand, notifies the building's residents and sends a signal to the staff monitoring station, which can be on or off site. Heat detectors, smoke detectors, carbon monoxide detectors, multi-sensor detectors, and manual call points are all part of the fire alarm system. The fire alarm and detection system market are primarily driven by an increase in the deployment of fire safety systems in educational institutions and a growth in public awareness about the importance of fire detection systems.

Increased focus on safety will fuel the growth of Fire Alarm Equipment during the forecast period. It is especially useful in extremely hazardous environments, such as oil & gas and chemical industries. Such industries are among the most safety-conscious end-user industries for Fire Alarm Equipment equipment. Due to the high risks involved in upstream activities, this industry, globally, will create potential business opportunities for Fire Alarm Equipment vendors in the global market.

Who are the Major Players in Fire Alarm Equipment Market?

The Fire Alarm Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market Johnson Controls International plc (NYSE:JCI), United Technologies Corporation, Siemens, Honeywell International Inc. (NasdaqGS:HON), Bosch (NSE :BOSCHLTD.NS), Hochiki Corporation (Tokyo:6745.T), Newell Brands Inc.(NasdaqGS :NWL), Nohmi Bosai Ltd. (Tokyo:6744.T), Minimax, Halma plc (LSE:HLMA.L), Nittan Corporation (Tokyo:6493.T), Buckeye Fire, Protec Fire, Fike Corporation, Mircom Technologies, Panasonic Corp. (Stuttgart:MAT1.SG), Kentec Electronics, Gentex Corporation (NasdaqGS:GNTX) and others.

Industry Developments:

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

19 April 2021: Siemens’ fire protection system effortlessly protects small to medium-sized buildings  With the launch of the new version of the fire protection system, Cerberus FIT, Siemens Smart Infrastructure expands its offering for the small to medium-sized buildings market. Various small to medium-sized buildings can now be covered with a simple and cost-efficient solution

What are the major Applications, Types and Regions for Fire Alarm Equipment Market?

Fire Alarm Equipment Market is segmented based on the type, applications, companies and regions.

By Type, it is segmented into

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  Conventional

  
  


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  Addressable Systems

  
  

By Applications it is segmented into

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  Commercial

  
  


• 
  

  Industrial

  
  


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  Residential

  
  


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  Others

  
  

Fire Alarm Equipment Market Regional Analysis

Asia-Pacific is expected to witness the fastest growing growth rate during the advent of the forecast period owing to an increased focus on infrastructure development coupled with an increasing number of reliable vendors to name a few. Additionally, increasing demand from emerging economies such as India, China, and Japan coupled with rising innovative and technological leaps will further increase the footprint of the fire alarm system market during the forecast period. Increased urbanization measures and rising government support and policies will boost the growth of the fire alarm system market in the region within the set forecast.

All these factors greatly affect the Fire Alarm Equipment market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Fire Alarm Equipment Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyses 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 Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Fire Alarm Equipment Market report scope?

Key Takeaways from this Fire Alarm Equipment Report

• Evaluate Fire Alarm Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Fire Alarm Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Fire Alarm Equipment Market is studied from 2017 - 2027.

What is the growth rate of Fire Alarm Equipment Market?

The Fire Alarm Equipment Market is growing at a CAGR of 7.5% over the next 5 years.

Who are the leading key players in Fire Alarm Equipment Market?

Johnson Controls International plc (NYSE:JCI), United Technologies Corporation, Siemens, Honeywell International Inc. (NasdaqGS:HON), Bosch (NSE :BOSCHLTD.NS), Hochiki Corporation (Tokyo:6745.T), Newell Brands Inc.(NasdaqGS :NWL), Nohmi Bosai Ltd. (Tokyo:6744.T), Minimax, Halma plc (LSE:HLMA.L), Nittan Corporation (Tokyo:6493.T), Buckeye Fire, Protec Fire, Fike Corporation, Mircom Technologies, Panasonic Corp. (Stuttgart:MAT1.SG), Kentec Electronics, Gentex Corporation (NasdaqGS:GNTX) and others.

What regions regions does this Fire Alarm Equipment Market report covers?

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 Equipment Market?

Conventional, Addressable Systems

What are the significant Applications of Fire Alarm Equipment Market?

Commercial, Industrial, Residential, Others

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