Fire Sensors and Detectors Market Expected to Be Biggest Emerging Market by 2021
Deerfield Beach, FL -- (SBWIRE) -- 02/28/2017 -- Fire sensors and detectors are designed to detect and respond to the presence of a fire or smoke in the areas. Fire sensor and detector system has the property to sense radiations coming out fire. Fire sensors and detectors are security systems that provide protection against fire. Fire sensor and detector systems integrate a variety of technology such as gas detection and smoke sensing technology, which help to speedup response time. There are different types of fire sensors and detectors such as carbon monoxide and smoke sensors that provide early fire warnings.
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The fire sensors and detectors market is mainly driven by the increasing security issues and accidents. Presence of government regulations regarding citizen and worker safety is also expected to propel market demand in the near future. Fire sensor and detector systems offer various benefits such as rapid fire detection, location identification, and easy maintenance and are expected to positively impact the fire senor and detector market growth over the forecast period. However, high cost of installation and maintenance may hamper the market growth over the years. Nonetheless, technological advancement is expected to open up new growth avenues in the near future.
The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue (USD Million). The global fire sensor and detector market is segmented on the basis of application, end-user, and region. Some of the key applications include of the fire sensor and detector market such as perimeter security, port security, energy security, public safety and security and others.
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Based on different end-user, fire sensor and detector market is segmented as manufacturing, mining, transportation & logistics, healthcare & life science, energy & utilities, retail and wholesale distribution, banking, financial services and insurance (BFSI) and government sector. Fire sensor and detector systems are widely used in hospitals or medical facilities.
Geographically, the fire sensor and detector market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa, further bifurcation of region on the country level, which include U.S., Germany, UK, France, China, Japan and India. North America has witnessed significant growth of fire sensor and detector market in recent past years on account of increasing technological advancement in these region. Asia Pacific is expected to exhibit significant growth in the near future.
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Some of the key players in the global fire sensors and detectors market includes Tyco International Ltd, Bosch Security Systems, United Technologies Corporation, Siemens AG and Honeywell International, Inc
This report segments the global the fire sensor and detector market as follows:
Fire Sensors and Detectors Market: End-User Segment Analysis
Transportation & Logistics
Healthcare & Life Science
Energy & Utilities
Retail And Wholesale Distribution
Financial Services And Insurance (BFSI)
Fire Sensors and Detectors Market: Application Segment Analysis
Public safety and security
Fire Sensors and Detectors Market: Regional Segment Analysis
Middle East & Africa
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