The report of Global wireless fire detection systems market by Product Type (Sensors/Detectors, Call points, Fire alarm panels and modules, Input/ Output modules) Installation Type (New installation, Retrofit installation) System Type (Wireless systems, Hybrid systems) Application (Indoor, Outdoor) Vertical (Residential, Commercial, Government, Manufacturing) and Region (Asia Pacific, North America, Europe, Latin America, Middle East Africa) is expected to reach US$ 400.24 Mn by 2026, at a CAGR of XX% during a forecast period.
A wireless fire detection system is a fire alarm appliance, which automatically senses and triggers an alarm in case of fire outrage. This system can be either wireless or hardwired structures as hybrid systems. The combination of wired and wireless technologies rises the efficiency and reliability of the overall system. Number of cases in commercial and residential spaces have increased which has led to the growth in wireless fire detection system market. Furthermore, the emergence of superior, flexible, and reliable solution of fire detection systems has driven their demand across several industries.
Retrofit installation segment is expected to grow at the highest XX% CAGR during the forecast period.
The growth of the market is driven by the increasing demand for wireless fire detection systems in retrofit installations owing to the cost-effectiveness and the ease involved in installing these systems. The improvement in the government regulations and mandates regarding fire protection systems are the major factors fueling the wireless fire detection systems market.
The North America dominated the Global Wireless Fire Detection Systems Market in 2018
North America is expected to lead the wireless fire detection systems market over the forecast period. This industry growth is catered by the presence of numerous wireless fire detection system manufacturers in this region. Furthermore, strict government mandates for the installation of smoke detectors and smoke alarms in homes from European countries such as France, UK, and Germany is projected to support the wireless fire detection industry growth.
Key players operating the Global wireless fire detection systems market are Electro Detectors Ltd., Zeta Alarms Ltd., Ceasefire Industries Pvt. Ltd., Sterling Safety System, Siemens AG, Johnson Controls, HOCHIKI Corporation, Napco Security Technologies, Inc., Argus Security S.r.l., Honeywell International Inc., Tyco International PLC, Halma Plc, EMS Security Group Ltd, Tyco International PLC, Robert Bosch GmbH, EuroFyre Ltd, Detectomat GmbH
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global wireless fire detection systems market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global wireless fire detection systems market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global wireless fire detection systems market positioning of competitors.
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