U.S. Wireless Fire Detection System Market to witness substantial growth over 2018-2024, Rising Demand in Residential application poised to transform the industry dynamics

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. The establishment of various standard sand codes for radio fire alarm systems, such as the European Union's directive EN54 Part 25, outlining the specific requirements and laboratory tests for components using radio links in a wireless fire detection system market helps to positively boost their adoption as they help in enhancing the credibility of the solution for end-users.
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Increasing demand for safety & security has given rise to technological advancements such as video surveillance and intrusion detection. Manufacturers have started integrating multiple devices and technologies, which are contributing to the growing adoption of these devices. Additionally, these devices are inexpensive and provide enhanced aesthetics, flexibility, and lesser interruption during installation as there are no cable and drills requirements. Ease and convenience of installation will bode well for the wireless fire detection system market.
The global wireless fire detection system market is factored by trends such as reduction in cabling, swift installation, and minimal structural alterations making the solution viable for retrofit applications, particularly in schools, offices or industrial applications, where downtime disruption is not feasible. The cost and time associated with the installation of wireless fire system are significantly low since there are no cabling requirements.
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The growing demand for radio fire alarm systems can be attributed to their ease-of-installation, which serves as an appealing feature for most system installers. The wireless fire detection system market can also be integrated into radio loop modules with existing addressable wired systems, making the solution lucrative for hybrid and retrofit applications.
In the wireless fire detection system market, the hybrid technology offers better security and efficiency to the devices, making it popular amongst customers. Fully wireless technology will witness an increasing adoption due to their benefits over wired technology such as the elimination of cables in various devices, the significant reduction in labor cost, and the adoption of wireless over wired technology in every sector, fueling wireless fire detection system Market.
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.
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Some of the vendors in the wireless fire detection system market are Siemens AG, EuroFyre Ltd., Honeywell International, Tyco International, PLC, Robert Bosch GmbH, Electro Detectors Ltd, EMS Wireless Fire and Security Ltd., Sterling Safety Systems, and Halma PLC, amongst others. These players are adopting various strategies such as price differentiation, high amount of investments in the R&D for product innovations and enhancement in the reliability of the devices, and acquisition of technology providers to gain a competitive edge