Wireless Fire Detection System Market Growth Dynamics by Component, Product, Model, Installation Type, Application and Regional Outlook to 2024

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. Subject to this, technology providers have focused on developing advanced fire detection technologies so as to ensure security and safety in new construction projects, that would consequentially aid wireless fire detection system industry.

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Wireless fire detection system market is characterized by the presence of heat, smoke, gas, and multi-sensor types. The demand for multi-sensor detectors will grow due to their capability to detect both smoke and heat. These devices are easy to install in a minimum time as compared to wired devices. In mining facilities and disaster evacuation, false alerts can stop the operations for long durations, causing inconvenience for hours and incurring financial losses. Multi-sensor detectors are widely used in these applications as they provide a high level of reliability, decreasing inconvenience and financial losses.

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.

Customers in developed and developing economies are becoming aware of the technology and are ready to spend more for safety purposes. Rising disposable income of people has also encouraged people to adopt smart homes. The growing trends of connected devices in smart homes play a vital role in driving the wireless fire detection system market. As the products required for the technology must be highly ruggedized to protect the internal components, manufacturers, such as CISCO, are working on building them to complement the smart home infrastructure.

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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.

Major Key Points from Table of Content:

Chapter 4.   Wireless Fire Detection System Market, By Component (Revenue)

4.1.  Wireless fire detection system industry share by component, 2017 & 2024

4.2.  Sensors

4.2.1. Market estimates and forecast, 2013-2024

4.2.2. Market estimates and forecast, by region, 2013-2024

4.3.  Call points

4.3.1. Market estimates and forecast, 2013-2024

4.3.2. Market estimates and forecast, by region, 2013-2024

4.4.  Fire Alarm Panel

4.4.1. Market estimates and forecast, 2013-2024

4.4.2. Market estimates and forecast, by region, 2013-2024

4.5.  Input / Output Modules

4.5.1. Market estimates and forecast, 2013-2024

4.5.2. Market estimates and forecast, by region, 2013-2024

4.6.  Others

4.6.1. Market estimates and forecast, 2013-2024

4.6.2. Market estimates and forecast, by region, 2013-2024

Chapter 5.   Wireless Fire Detection System Market, By Product (Revenue, Shipment)

5.1.  Global wireless fire detection system market 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

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