Wireless fire detection systems are alarms which sound alerts to residents with the help of fire sensors. The sensor nodes in these systems support short-range communication, low processing power, and low battery capacity. The global wireless fire detection system market report by Market Research Future (MRFR) provides a comprehensive overview of the industry as well as estimations for the period of 2017 to 2023 (forecast period). The COVID-19 pandemic and its impact on the industry are included in the report.
Competitive Outlook for Wireless Fire Detection System Market:
EMS Security Group Ltd, Detectomat GmbH, Honeywell International Inc., Halma Plc., Electro Detectors Ltd, Robert Bosch GmbH, HOCHIKI Corporation, Siemens AG, Sterling Safety Systems, EuroFyre Ltd, and Tyco International PLC are key players of the global wireless fire detection system market.
Covid 19 Pandemic Crisis on Wireless Fire Detection System Market with Complete Table of Content and Free Sample at:
The global wireless fire detection system market is expected to grow to USD 301.21 million by 2023. It is likely to exhibit 7.6% CAGR over the forecast period. It is driven by the evolution of sensors and technologies for detecting fires in complexes of all sizes. Integration of hybrid systems in legacy and new constructions as well as flexible solutions for clients can fuel the market growth. The cost-savings benefit of wireless fire detection systems while eliminating the need for wiring of different devices can bolster the global market demand till the end of the forecast period.
The compatibility of wireless fire detection systems with latest spectrum bandwidths and the high internet speeds made possible due to evolution of communication networking technologies can favor the market growth. The savings on cable expenses and other overheads can attract commercial buildings and residential societies in integrating the devices in their facilities. The appeal on new designs and interior aesthetics can trigger massive market demand for wireless fire detection systems.
The global wireless fire detection system market has been segmented on the basis of product, system, installation type, and end -users.
By product, it is segmented into repeaters, panels, siren, smoke detectors, sensors, and others. The sensors segment is expected to lead the market till 2023.
By system type, it is segmented into fully wireless systems, hybrid systems, and others. The hybrid systems segment is projected to capture the maximum share in the global wireless fire detection system market. This can be attributed to emphasis on wireless installations, internet penetration, and new fire safety standards.
By mode type, it is segmented into standalone mode, conventional mode, addressable mode, and others.
By end-user, it is segmented into government, education, industrial, healthcare, manufacturing, retail, BFSI, and others. The industrial segment is predicted to capture a large market share owing to retrofitting of fire detection systems in adherence to latest worker safety laws and practices.
The regional analysis of the wireless fire detection systems market is being studied for region such as Asia Pacific (APAC), North America, Europe, and Rest-of-the-World (RoW). North America held the largest market share due to rise in adoption of fire detectors and defined safety standards in the region. The protection of the surrounding environment while providing optimal solutions is one of the biggest drivers of the wireless fire detection system market to thrive in the region.
Europe is showing positive growth in the global wireless fire detection systems devices market. APAC is expected to showcase a stellar growth rate during the forecast period owing to countries such as China, Japan, and South Korea.
Table of Content:
1 MARKET INTRODUCTION
4 EXECUTIVE SUMMARY
5. MARKET FACTOR ANALYSIS
5.1 PORTER’S FIVE FORCES ANALYSIS
5.2 SUPPLY CHAIN ANALYSIS
6 WIRELESS FIRE DETECTION SYSTEMS MARKET
6.2 MARKET STATISTICS
6.2.1 BY PRODUCT
220.127.116.11 SMOKE DETECTORS
6.2.2 BY SYSTEM
18.104.22.168 FULLY WIRELESS SYSTEMS
22.214.171.124 HYBRID SYSTEMS
6.2.3 BY MODE TYPE
126.96.36.199 CONVENTIONAL MODE
188.8.131.52 ADDRESSABLE MODE
184.108.40.206 STANDALONE MODE
6.2.4 BY END-USER
6.2.5 BY REGION
220.127.116.11 NORTH AMERICA
18.104.22.168 ASIA PACIFIC
22.214.171.124 REST OF THE WORLD
Browse More Details on Report at:
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar