Pune, India -- (SBWire) -- 07/25/2018 --Wireless fire detection system is a fire alarm appliance, which automatically senses and triggers an alarm in case of fire. This system can be either fully wireless or hybrid (combination of wired & wireless) systems. The integration of wired and wireless technologies increases the efficiency and reliability of the overall system. In the recent years, large number of cases of fires in residential & commercial spaces has increased which has led to the growth in wireless fire detection system market. Furthermore, emergence of superior, flexible, and reliable solution of fire detection systems has fueled their demand across several industries.
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Global Wireless Fire Detection accounted to USD 220.0 million in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Wireless Fire Detection Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of flow cytometry market for global, Europe, North America, Asia Pacific and South America.
Top Key Players analyzed in Global Wireless Fire Detection Market are -
- EMS Wireless Fire & Security Ltd
- Electro Detectors Ltd
- Sterling Safety Systems
- Ceasefire Industries Pvt. Ltd
- Zeta Alarm Systems
- Detectomat GmbH
- Eurofyre Ltd
- United Technologies
- Honeywell International Inc.
- Siemens AG
- Hochiki Corporation
- Halma PLC
- Robert Bosch GmbH
- Tyco International PLC
- Johnson Controls
- Napco Security Technologies, Inc.
- Apollo Fire Detectors Fire Limited
- HOCHIKI Corporation
- Among others.
In 2017, NAPCO Security Technologies announces the launch of the newly redesigned SAVI School website, as part of the Company's ongoing K-12 and Campus Security initiative regarding fire detection products.
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On the basis of geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Report Segmentation:
On the basis of system type:
- Fully Wireless Systems
- Hybrid Systems
On the basis of installation type:
- New Installation
- Retrofit Installation
On the basis of application:
- Residential
- Industrial
- Commercial
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Major Market Drivers and Restraints:
- Increase in awareness in industries toward fire detection systems
- Advancement in technologies
- Government regulations related to fire safety
- High installation and maintenance cost
- Increase in R&D activities
Reason to Buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Wireless Fire Detection Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Global Wireless Fire Detection Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Global Wireless Fire Detection Market at a Highest CAGR of 8.0% and Dominated by Siemens AG, Hochiki Corporation, Halma PLC, Robert Bosch GmbH, Johnson Controls
Databridgemarketresearch.com Adds “Global Wireless Fire Detection Market Size, Status and Forecast 2024” The objective of the report is to define, describe, and forecast the size on the basis of end user, geography, components, applications, system type, installation type and regions.