Fire Alarm And Detection Market Size, Share & Trends Analysis Report By Product, By Fire Detectors Type (Flame Detectors, Smoke Detectors), By Fire Alarm Type, By Application, By Region, And Segment Forecasts, 2020 - 2027

Published: Mar, 2020 | Pages: 120 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global fire alarm and detection market size is expected to reach USD 75.3 billion by 2027, expanding at a CAGR of 8.5% over the forecast period, according to a study conducted by Grand View Research, Inc. Increasing awareness towards the safety and security of assets across the globe is expected to offer significant opportunities for technological innovations in the market. Additionally, rise in the consumer spending on fire protection devices especially across the enterprise and industrial sectors in order to reduce the risk of accidents is expected to spur market growth. Moreover, stringent government regulations and mandates regarding workplace safety, and increasing demand for state-of-the-art fire alarm & detection system is expected to fuel the market.

The need for upgrading the existing alarm and detection systems to advanced one and consequently complying with the stringent regulation will drive the market. Growing fire accidents has alarmed the need for installation of advanced alarm and detection systems across the residential, commercial, and industrial sectors. For instance, Legislative requirements from different countries including the National Fire Protection Association, USA, and Building Code of Australia have mandated the installation of fire detection devices, thereby boosting the demand for these devices.

North America dominated the market in 2019 and is expected to continue its dominance over the foreseen years. The anticipated growth in the construction industry in Canada owing to the government’s “Investing in Canada Plan”. Under the initiative, the government of Canada is planning to invest USD 139 billion in infrastructure till 2028. U.S. is attributed to the high demand for commercial and residential places across states such as Georgia, Florida, and North and South Carolina. Moreover, increasing automation in buildings and smart homes, stringent government regulations pertaining to safety standards, and the growing demand from the mining and manufacturing industries have fueled the demand for the alarm and detection systems in the region.

Asia Pacific is anticipated to exhibit the highest CAGR from 2020 to 2027. Growing industrialization and urbanization in emerging markets such as India, China, and Japan is expected to accelerate infrastructure spending including mass transportation such as airport security, including intelligent transportation systems across these regions is estimated to offer lucrative growth opportunities for the industry. However, the growing need for replacement and maintenance services of the deployed fire safety equipment owing to various building safety codes is offering lucrative opportunities for the manufactures to enter into the market.

Further key findings from the study suggest:

• The fire detectors segment is expected to dominate the market owing to stringent government regulations across different countries that have mandated the installation of the devices. For instance, in India, National Building Code (NBC) was published in 2016 to implement building standards ensuring safety through the use of active and passive smoke detection systems. The segment is expected to reach USD 38.1 billion by 2027

• The smoke detectors segment is expected to dominate the fire detectors segment and the trend is expected to continue over the forecast period. The smoke detectors segment is anticipated to reach USD 17.0 billion by 2027. It is owing to the substantial use of smoke detectors in the commercial as well as residential buildings since they are cost-effective and have a longer lifespan as compared to other products

• The fire alarm and detection market primarily includes applications such as industrial, commercial, and residential. The commercial application segment dominated the market in 2019 and is projected to exhibit a CAGR of 8.5% from 2020 to 2027. It is owing to the stringent regulations and norms by the government for the installation of smoke detection system across commercial places such as hospitality, government, healthcare, telecom and IT, BFSI, retail, and institutional

• North America is projected to account for the majority share of the market over the forecast period owing to the booming infrastructural developments and implementation of stringent fire safety regulations and norms in the regions. The region is anticipated to reach USD 21.8 billion by 2027

• The prominent industry participants include Bosch GmbH; Eaton Gentex Corporation; United Technologies Corporation; Honeywell International Inc.; and Johnson Controls.

 Table of Contents

Chapter 1 Methodology and Scope
                   1.1 Information Procurement
                   1.2 Purchased Database
                       1.2.1 GVR’S Internal Database
                   1.3 Research Methodology
                   1.4 Geographic Scope & Assumptions
                   1.5 Region/Country Wise Market Calculation
                       1.5.1 Region /Country Wise Market: Base Estimates
                       1.5.2 Region/Country Market: Cagr Calculation
                   1.6 Region-based Segment Share Calculation
                   1.7 List of Primary Sources
                   1.8 List of Secondary Sources
                   1.9 List of Abbreviations
Chapter 2 Executive Summary
Chapter 3 Market Definitions
                   3.1 Market Segmentation
Chapter 4 Industry Outlook
                   4.1 Market Snapshot
                   4.2 Global Fire Alarm and Detection Market Trends
                   4.3 Global Fire Alarm and Detection Market
                       4.3.1 Product Segment Trends
                       4.3.2 Type Segment Trends
                       4.3.3 Application Segment Trends
                       4.3.4 Region Segment Trends
                   4.4 Value Chain Analysis
                       4.4.1 Vendor Landscape
                   4.5 Market Variable Analysis
                       4.5.1 Market Driver Analysis
                       4.5.2 Market Restraint Analysis
                   4.6 Penetration and Growth Prospect Mapping
                   4.7 Fire Alarm and Detection Market Key Company Analysis, 2019
                   4.8 Business Environment Analysis Tool
                       4.8.1 Fire Alarm And Detection Market: Pest Analysis
                       4.8.2 Fire Alarm And Detection Market: Porters Analysis
                   4.9 Competitive Landscape
                       4.9.1 Key Innovators
                       4.9.2 Key Strategic Initiatives, By Company
                       4.9.3 Key Strategic Initiatives, By Region
                       4.9.4 Key Strategic Initiatives, By Technology
Chapter 5 Fire Alarm and Detection Market: Product Segment Analysis
                   5.1 Fire Detectors
                       5.1.1 Fire Detectors Market, 2016 - 2027 (USD Million)
                   5.2 Fire Alarms
                       5.2.1 Fire Alarms Market, 2016 - 2027 (USD Million)
Chapter 6 Fire Alarm and Detection Market: Fire Detectors Type Segment Analysis
                   6.1 Flame Detectors
                       6.1.1 Flame Detectors Market, 2016 - 2027 (USD Million)
                   6.2 Smoke Detectors
                       6.2.1 Smoke Detectors Market, 2016 - 2027 (USD Million)
                   6.3 Heat Detectors
                       6.3.1 Heat Detectors Market, 2016 - 2027 (USD Million)
Chapter 7 Fire Alarm and Detection Market: Fire Alarms Type Segment Analysis
                   7.1 Audible Alarms
                       7.1.1 Audible Alarms Market, 2016 - 2027 (USD Million)
                   7.2 Visual Alarms
                       7.2.1 Visual Alarms Market, 2016 - 2027 (USD Million)
                   7.3 Manual Call-Points
                       7.3.1 Manual Call-Points Market, 2016 - 2027 (USD Million)
Chapter 8 Fire Alarm and Detection Market: Application Segment Analysis
                   8.1 Commercial
                       8.1.1 Commercial Market, 2016 - 2027 (USD Million)
                   8.2 Industrial
                       8.2.1 Industrial Market, 2016 - 2027 (USD Million)
                   8.3 Residential
                       8.3.1 Residential Market, 2016 - 2027 (USD Million)
Chapter 9 Fire Alarm and Detection Market: Regional Analysis
                   9.1 North America
                       9.1.1 North America Fire Alarm And Detection Market, By Country, 2016 - 2027
                       9.1.2 North America Fire Alarm And Detection Market, By Product, 2016 - 2027
                       9.1.3 North America Fire Alarm And Detection Market, Fire Detectors By Type, 2016 - 2027
                       9.1.4 North America Fire Alarm And Detection Market, Fire Alarms By Type, 2016 - 2027
                       9.1.5 North America Fire Alarm And Detection Market, By Application, 2016 - 2027
                       9.1.6 U.S.
                           9.1.6.1 U.S. fire alarm and detection market, by product, 2016 - 2027
                           9.1.6.2 U.S. fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.1.6.3 U.S. fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.1.6.4 U.S. fire alarm and detection market, by application, 2016 - 2027
                       9.1.7 Canada
                           9.1.7.1 Canada fire alarm and detection market, by product, 2016 - 2027
                           9.1.7.2 Canada fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.1.7.3 Canada fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.1.7.4 Canada fire alarm and detection market, by application, 2016 - 2027
                   9.2 Europe
                       9.2.1 Europe Fire Alarm And Detection Market, By Country, 2016 - 2027
                       9.2.2 Europe Fire Alarm And Detection Market, By Product, 2016 - 2027
                       9.2.3 Europe Fire Alarm And Detection Market, Fire Detectors By Type, 2016 - 2027
                       9.2.4 Europe Fire Alarm And Detection Market, Fire Alarms By Type, 2016 - 2027
                       9.2.5 Europe Fire Alarm And Detection Market, By Application, 2016 - 2027
                       9.2.6 Germany
                           9.2.6.1 Germany fire alarm and detection market, by product, 2016 - 2027
                           9.2.6.2 Germany fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.2.6.3 Germany fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.2.6.4 Germany fire alarm and detection market, by application, 2016 - 2027
                       9.2.7 U.K.
                           9.2.7.1 U.K. fire alarm and detection market, by product, 2016 - 2027
                           9.2.7.2 U.K. fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.2.7.3 U.K. fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.2.7.4 U.K. fire alarm and detection market, by application, 2016 - 2027
                   9.3 Asia Pacific
                       9.3.1 Asia Pacific Fire Alarm And Detection Market, By Country, 2016 - 2027
                       9.3.2 Asia Pacific Fire Alarm And Detection Market, By Product, 2016 - 2027
                       9.3.3 Asia Pacific Fire Alarm And Detection Market, Fire Detectors By Type, 2016 - 2027
                       9.3.4 Asia Pacific Fire Alarm And Detection Market, Fire Alarms By Type, 2016 - 2027
                       9.3.5 Asia Pacific Fire Alarm And Detection Market, By Application, 2016 - 2027
                       9.3.6 China
                           9.3.6.1 China fire alarm and detection market, by product, 2016 - 2027
                           9.3.6.2 China fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.3.6.3 China fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.3.6.4 China fire alarm and detection market, by application, 2016 - 2027
                       9.3.7 Japan
                           9.3.7.1 Japan fire alarm and detection market, by product, 2016 - 2027
                           9.3.7.2 Japan fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.3.7.3 Japan fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.3.7.4 Japan fire alarm and detection market, by application, 2016 - 2027
                       9.3.8 India
                           9.3.8.1 India fire alarm and detection market, by product, 2016 - 2027
                           9.3.8.2 India fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.3.8.3 India fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.3.8.4 India fire alarm and detection market, by application, 2016 - 2027
                   9.4 Latin America
                       9.4.1 Latin America Fire Alarm And Detection Market, By Country, 2016 - 2027
                       9.4.2 Latin America Fire Alarm And Detection Market, By Product, 2016 - 2027
                       9.4.3 Latin America Fire Alarm And Detection Market, Fire Detectors By Type, 2016 - 2027
                       9.4.4 Latin America Fire Alarm And Detection Market, Fire Alarms By Type, 2016 - 2027
                       9.4.5 Latin America Fire Alarm And Detection Market, By Application, 2016 - 2027
                       9.4.6 Brazil
                           9.4.6.1 Brazil fire alarm and detection market, by product, 2016 - 2027
                           9.4.6.2 Brazil fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.4.6.3 Brazil fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.4.6.4 Brazil fire alarm and detection market, by application, 2016 - 2027
                       9.4.7 Mexico
                           9.4.7.1 Mexico fire alarm and detection market, by product, 2016 - 2027
                           9.4.7.2 Mexico fire alarm and detection market, fire detectors by type, 2016 - 2027
                           9.4.7.3 Mexico fire alarm and detection market, fire alarms by type, 2016 - 2027
                           9.4.7.4 Mexico fire alarm and detection market, by application, 2016 - 2027
                   9.5 MEA
                       9.5.1 MEA Fire Alarm And Detection Market, By Product, 2016 - 2027
                       9.5.2 MEA Fire Alarm And Detection Market, Fire Detectors By Type, 2016 - 2027
                       9.5.3 MEA Fire Alarm And Detection Market, Fire Alarms By Type, 2016 - 2027
                       9.5.4 MEA Fire Alarm And Detection Market, By Application, 2016 - 2027
Chapter 10 Company Profiles
                   10.1 Bosch GmbH
                       10.1.1 Company Overview
                       10.1.2 Financial Performance
                       10.1.3 Product Benchmarking
                       10.1.4 Strategic Initiatives
                   10.2 Eaton
                       10.2.1 Company Overview
                       10.2.2 Financial Performance
                       10.2.3 Product Benchmarking
                       10.2.4 Strategic Initiatives
                   10.3 Gentex Corporation
                       10.3.1 Company Overview
                       10.3.2 Financial Performance
                       10.3.3 Product Benchmarking
                       10.3.4 Strategic Initiatives
                   10.4 Halma plc
                       10.4.1 Company Overview
                       10.4.2 Financial Performance
                       10.4.3 Product Benchmarking
                       10.4.4 Strategic Initiatives
                   10.5 Hochiki Corporation
                       10.5.1 Company Overview
                       10.5.2 Financial Performance
                       10.5.3 Product Benchmarking
                       10.5.4 Strategic Initiatives
                   10.6 Honeywell International Inc.
                       10.6.1 Company Overview
                       10.6.2 Financial Performance
                       10.6.3 Product Benchmarking
                       10.6.4 Strategic Initiatives
                   10.7 Johnson Controls
                       10.7.1 Company Overview
                       10.7.2 Financial Performance
                       10.7.3 Product Benchmarking
                       10.7.4 Strategic Initiatives
                   10.8 Napco Security Technolgies, Inc.
                       10.8.1 Company Overview
                       10.8.2 Financial Performance
                       10.8.3 Product Benchmarking
                       10.8.4 Strategic Initiatives
                   10.9 Nittan Company, Ltd.
                       10.9.1 Company Overview
                       10.9.2 Financial Performance
                       10.9.3 Product Benchmarking
                       10.9.4 Strategic Initiatives
                   10.10 Siemens Building Technologies
                       10.10.1 Company Overview
                       10.10.2 Financial Performance
                       10.10.3 Product Benchmarking
                       10.10.4 Strategic Initiatives
                   10.11 Space Age Electronics
                       10.11.1 Company Overview
                       10.11.2 Financial Performance
                       10.11.3 Product Benchmarking
                       10.11.4 Strategic Initiatives
                   10.12 United Technologies Corporation
                       10.12.1 Company Overview
                       10.12.2 Financial Performance
                       10.12.3 Product Benchmarking
                       10.12.4 Strategic Initiatives

List of Tables

Table 1 List of abbreviation
Table 2 Vendor landscape, 2019
Table 3 Fire alarm and detection market, 2016 - 2027 (USD Million)
Table 4 Fire detectors market, 2016 - 2027 (USD Million)
Table 5 Fire alarms market, 2016 - 2027 (USD Million)
Table 6 Flame detectors market, 2016 - 2027 (USD Million)
Table 7 Smoke detectors market, 2016 - 2027 (USD Million)
Table 8 Heat detectors market, 2016 - 2027 (USD Million)
Table 9 Audible alarms market, 2016 - 2027 (USD Million)
Table 10 Visual alarms market, 2016 - 2027 (USD Million)
Table 11 Manual call-points market, 2016 - 2027 (USD Million)
Table 12 Commercial fire alarm and detection market, 2016 - 2027 (USD Million)
Table 13 Industrial fire alarm and detection market, 2016 - 2027 (USD Million)
Table 14 Residential fire alarm and detection market, 2016 - 2027 (USD Million)
Table 15 North America fire alarm and detection market, by country, 2016 - 2027 (USD Million)
Table 16 North America fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 17 North America fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 18 North America fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 19 North America fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 20 U.S. fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 21 U.S. fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 22 U.S. fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 23 U.S. fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 24 Canada fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 25 Canada fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 26 Canada fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 27 Canada fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 28 Europe fire alarm and detection market, by country, 2016 - 2027 (USD Million)
Table 29 Europe fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 30 Europe fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 31 Europe fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 32 Europe fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 33 Germany fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 34 Germany fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 35 Germany fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 36 Germany fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 37 U.K. fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 38 U.K. fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 39 U.K. fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 40 U.K. fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 41 Asia Pacific fire alarm and detection market, by country, 2016 - 2027 (USD Million)
Table 42 Asia Pacific fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 43 Asia Pacific fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 44 Asia Pacific fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 45 Asia Pacific fire alarm and detection, by application, 2016 - 2027 (USD Million)
Table 46 China fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 47 China fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 48 China fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 49 China fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 50 Japan fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 51 Japan fire alarm and detection, fire detectors by type, 2016 - 2027 (USD Million)
Table 52 Japan fire alarm and detection, fire alarms by type, 2016 - 2027 (USD Million)
Table 53 Japan fire alarm and detection, by application, 2016 - 2027 (USD Million)
Table 54 India fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 55 India fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 56 India fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 57 India fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 58 Latin America fire alarm and detection market, by country, 2016 - 2027 (USD Million)
Table 59 Latin America fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 60 Latin America fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 61 Latin America fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 62 Latin America fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 63 Brazil fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 64 Brazil fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 65 Brazil fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 66 Brazil fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 67 Mexico fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 68 Mexico fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 69 Mexico fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 70 Mexico fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Table 71 MEA fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Table 72 MEA fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Table 73 MEA fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Table 74 MEA fire alarm and detection market, by application, 2016 - 2027 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Information procurement
Fig. 3 Fire alarm and detection market segmentation
Fig. 4 Fire alarm and detection market snapshot
Fig. 5 Fire alarm and detection market, 2016 - 2027 (USD Million)
Fig. 6 Fire alarm and detection market, by product, 2016 - 2027 (USD Million)
Fig. 7 Fire alarm and detection market, fire detectors by type, 2016 - 2027 (USD Million)
Fig. 8 Fire alarm and detection market, fire alarms by type, 2016 - 2027 (USD Million)
Fig. 9 Fire alarm and detection market, by application, 2016 - 2027 (USD Million)
Fig. 10 Fire alarm and detection market, by region, 2016 - 2027 (USD Million)
Fig. 11 Fire alarm and detection market: Value chain analysis
Fig. 12 Fire alarm and detection market penetration and growth prospect mapping
Fig. 13 Fire alarm and detection market : Key company analysis, 2019
Fig. 14 Fire alarm and detection market: PEST analysis
Fig. 15 Fire alarm and detection market: PORTER’s analysis
Fig. 16 Fire alarm and detection market: Product analysis
Fig. 17 Fire alarm and detection market: Fire detectors by type analysis
Fig. 18 Fire alarm and detection market: Fire alarms by type analysis
Fig. 19 Fire alarm and detection market: Application analysis
Fig. 20 Fire alarm and detection market: Regional analysis
Fig. 21 North America fire alarm and detection market - key takeaways
Fig. 22 Europe fire alarm and detection market - key takeaways
Fig. 23 Asia Pacific fire alarm and detection market - key takeaways
Fig. 24 Latin America fire alarm and detection market - key takeaways
Fig. 25 MEA fire alarm and detection market - key takeaways