Wireless Fire Detection Systems Market: Industry Growth, Size, Share and Forecast 2019-2025


Posted January 21, 2020 by orionmarketresearch

Global Wireless Fire Detection Systems Market Size, Share & Trends Analysis Report by Type (Fully Wireless and Hybrid), by End-User (Residential and Commercial) and Forecast 2019-2025

 
The global wireless fire detection systems market is estimated to grow significantly at a CAGR of 6.8% over the forecast period. North America is estimated to dominate the wireless fire detection systems market over the forecast period. Stringent regulations and standards mandating the installation of fire detection systems are primarily driving the market growth of wireless fire detection systems in the North America region. The US has reported a significant number of fire breakouts in past years that have led to a loss in human lives and property.

According to the National Fire Protection Association (NFPA), in 2016, there were 1,342,000 fires reported in the US. Out of these fire reported cases, 475,500 were structure fires, 173,000 were vehicle fires, and 662,500 were outside and other fires. These fires caused 3,390 civilian mortalities, 14,650 civilian injuries, and $10.6 billion in property damage. Owing to these, the US federal state governments have set stringent guidelines regarding fire and smoke detectors at every facility such as homes, buildings, corporate sector and many more across the country.

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National Fire Protection Association (NFPA) is a regulatory body of the country that mainly focuses on framing guidelines for fire and smoke alarms across the country. Along with NFPA, the Department of Homeland Security and US Fire Administration (USFA) also foster a solid foundation in prevention, preparedness, and response by providing national leadership to local fire and emergency services. In Wisconsin, smoke alarms are generally required in residential settings. Hard-wired smoke alarms are required in all new construction in local jurisdictions that have adopted IRC standards.

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Wisconsin law requires owner-occupied homes, rental homes and other residential buildings to be protected by smoke alarms or a smoke detection system. Owners must install and maintain them, and tenants must inform the owner of any smoke alarm problems. The requirements differ between those for one and 2-family dwellings and those for multi-unit housing, which includes hotels and motels and apartment buildings. The requirements also differ for buildings depending on the date a building permit or state plan approval was applied for. In addition, there may be local or special occupancy requirements, such as for community-based residential facilities (CBRFs), hospitals and nursing homes.

Current Market Trends Covered in the Global Wireless Fire Detection Systems Market Report

• The hybrid type wireless fire detection systems segment is estimated to enjoy the maximum market share over the forecast period.
• Asia-Pacific is estimated to gain maximum traction in the global wireless fire detection systems industry during the forecast period.
• Based on the end-user segment, the commercial segment is estimated to hold the largest market share over the forecast period.

Global Wireless Fire Detection Systems Market Segmentation

By Type

• Fully Wireless
• Hybrid

By End-User

• Residential
• Commercial

Global Wireless Fire Detection Systems Market – Segment by Region

North America

• US
• Canada

Europe

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

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa

Company Profiles

• Ceasefire Industries Pvt. Ltd.
• Detectomat GmbH
• Electro Detectors Ltd.
• EMS Security Group Ltd.
• Eurofyre Ltd.
• Halma PLC
• Hochiki Corp.
• Honeywell International Inc.
• Johnson Controls International PLC
• Keystone Fire Protection Co.
• Napco Security Technologies, Inc.
• Robert Bosch GmbH
• Siemens AG
• Sterling Safety Systems Ltd.
• Total Fire & Safety Inc.
• United Technologies Corp. (Edwards Fire Safety)
• Zeta Alarm Systems

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Last Updated January 21, 2020