By 2024, Wireless Fire Detection System Market Valuation to Exceed 500 Million
The growth of the wireless fire detection system market can be attributed to the increasing emphasis on preserving the building design, reducing asbestos, and improving the aesthetics coupled with the ease-of-installation of such systems
Selbyville, United States – June 27, 2019 /MarketersMedia/ —
Owing to the rapid adoption of smart technologies such as IoT and Big Data, wireless fire detection system market share has witnessed a remarkable uptick of late. The convergence of integrated solutions coupled with a marked increase in the deployment of advanced fire detection systems would further augment product demand. Apparently, the new-age systems offer enhanced aesthetics by eliminating the need for drilling holes and cabling requirements, prevent the utilization of asbestos, and provide ease-of-installation.
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The growing trend of infrastructure development in developing regions including India, Brazil, and Thailand coupled with new construction activities, tightening of fire safety and security norms, and proliferation of wireless connectivity is expected to favorably boost the demand for wireless fire detection system market over the forecast period in such regions. The rise in the adoption of radio fire alarm systems in developing regions offers a stupendous potential for market growth over the next six years. In addition, the need for enhanced safety and security features that match the laid-out compliances and protocols is expected to drive wireless fire detection system industry growth over the mature markets of Europe and North America.
Numerous technologies for sensing and detecting the presence of fire include heat detectors, smoke detectors, gas detectors and multi-sensor detectors. The ongoing trend in the wireless fire detection system market is the integration of sensors within a single detector, resulting in greater efficiency and lowered cost. The growth in the infrastructure development, facilities, and utilities has alleviated the need for the adoption of advanced sensors and detectors such as smoke detectors across the globe. In addition, the sensor technology’s conformation to various industry standards, such as ISO, EN, FCC, NFPA, UL, and CE, helps in standardizing the product offering and aid end users in making the best purchase decisions.
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Stringent government regulations regarding safety and a high degree of technology adoption have made China a dominant player in the wireless fire detection system market. China has a modern economy, which runs on reliable electricity, telecommunication, and roads & rails. Infrastructure development remains the top priority for the government of China as the government has spent huge funds on infrastructure for the economic growth.
With continuous improvements in radio fire alarm systems, these solutions are able to offer advanced features such as temporary fire alarms in cases of accidental or deliberate activation of call points and adaptability of the system to respond to real and genuine emergencies. Issues, such as radio signal interference, can be minimized by an automatic change of frequencies as needed, leading to reduced risks of system failures and improving the overall reliability. The global rise in the demand for wireless fire detection system market in industrial and commercial applications has forced several established layers to expand their expertise in the segment through product innovations or strategic acquisitions.
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Table of Contents (ToC) of the report:
Chapter 5. Wireless Fire Detection System Market, By Product (Revenue, Shipment)
5.1. Global wireless fire detection system industry share by system type, 2017 & 2024
5.2. Smoke detector
5.3. Market estimates and forecast, by region, 2013-2024
5.3.1. Photoelectric
5.3.1.1. Market estimates and forecast, by region, 2013-2024
5.3.2. Ionization
5.3.2.1. Market estimates and forecast, by region, 2013-2024
5.3.3. Dual Sensor
5.3.3.1. Market estimates and forecast, by region, 2013-2024
5.3.4. Others
5.3.4.1. Market estimates and forecast, by region, 2013-2024
5.4. Gas detector
5.4.1. Market estimates and forecast, by region, 2013-2024
5.5. Heat detector
5.5.1. Market estimates and forecast, by region, 2013-2024
5.6. Multi-sensor detector
5.6.1. Market estimates and forecast, by region, 2013-2024
Chapter 6. Wireless Fire Detection System Market, By Model (Revenue)
6.1. Global wireless fire detection system market share by Model, 2017 & 2024
6.2. Fully wireless
6.2.1. Market estimates and forecast, 2013-2024
6.2.2. Market estimates and forecast, by region, 2013-2024
6.3. Hybrid
6.3.1. Market estimates and forecast, 2013-2024
6.3.2. Market estimates and forecast, by region, 2013-2024
Chapter 7. Wireless Fire Detection System Market, By Installation Type (Revenue)
7.1. Global wireless fire detection system industry share by installation type, 2017 & 2024
7.2. New installation
7.2.1. Market estimates and forecast, 2013-2024
7.2.2. Market estimates and forecast, by region, 2013-2024
7.3. Retrofit
7.3.1. Market estimates and forecast, 2013-2024
7.3.2. Market estimates and forecast, by region, 2013-2024
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