Global Wireless Fire Detection market forecast to 2026 detailed in new research report

Global Wireless Fire Detection Market is expected to reach a CAGR of 8.6% in the forecast period of 2019 to 2026. The new market report contains data for the historic year 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Segmentation
By Product Type (Sensors/Detectors, Call Points, Fire Alarm Panels and Modules, Input/output Modules and Others), System Type (Fully Wireless Systems, Hybrid Systems), Installation Type(New Installation and Retrofit Installation), Application (Indoor and Outdoor), Vertical(Industrial, Residential, Commercial, Healthcare and Others), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa).
Major growing sectors under the market segmentation are as follows:

> In product type, fire alarm panels and modules segment is growing at the highest CAGR because fire alarm panels/modules act as leading technology for the market as it is heart of the whole system that manages the entire control of the system. By these installations, consumers do not require any additional fire safety equipment

> In system type, hybrid systems segment is growing at the highest CAGR due to the fact that this system is highly cost efficient and it also offer great flexibility during the installation process. The hybrid systems are easy to upgrade as well without disturbing the other components

> In installation type, new installation segment is growing at the highest CAGR due to the new projects related to construction is continuously increasing at rapid rate. Owing to this factor, consumer are preferring more wireless fire detection system in new buildings as they operate efficiently during power outages and further saves the energy

> In application, indoor segment is growing at the highest CAGR as this system are highly install in the indoor situation in order to secure the human lives and property. Owing to this factor, people get chance to secure their property from damage

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> In vertical, commercial segment is growing at the highest CAGR due to the rising construction of smart city projects and growing construction of shopping mall in order to enhance the living standard of those countries

Key Market Players

Some of the major players operating in this market are as follows:
> Ems Security Group Ltd
> Electro Detectors Ltd
> Sterling Safety Systems,
> Honeywell International, Inc.
> Siemens AG
> Wagner Group Gmbh
> Hochiki Corporation
> Halma Plc.
> Apollo Fire Detectors Fire Limited
> Robert Bosch Gmbh
> Eurofyre ltd.
> Detectomat Gmbh
> Ceasefire Industries Pvt. Ltd
> Johnson Controls
> Napco Security technologies, Inc.
> Def Nederland
> Zeta Alarm ltd
> Libelium Comunicaciones Distribuidas S.L
> Attentis
> Vigilys,Inc

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Table of content

1 INTRODUCTION 38
1.1 OBJECTIVES OF THE STUDY 38
1.2 MARKET DEFINITION 38
1.3 OVERVIEW OF GLOBAL WIRELESS FIRE DETECTION MARKET 38
1.4 CURRENCY AND PRICING 39
1.5 LIMITATION 39
1.6 MARKETS COVERED 40
2 MARKET SEGMENTATION 42
2.1 YEARS CONSIDERED FOR THE STUDY 43
2.2 CURRENCY AND PRICING 43
2.3 DBMR TRIPOD DATA VALIDATION MODEL 44
2.4 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 47
2.5 SECONDARY SOURCES 48
2.6 ASSUMPTIONS 48
2.7 DBMR MARKET POSITION GRID 49
2.8 DBMR MARKET CHALLENGE MATRIX 50
2.9 APPLICATION GRID 51
2.10 MARKET TIMELINE 52
2.11 MULTIVARIATE MODELING 52
2.12 CATEGORY VS TIME GRID 53
3 MARKET OVERVIEW 54
3.1 DRIVERS 56
3.1.1 INCREASE IN AWARENESS IN INDUSTRIES TOWARDS FIRE DETECTION SYSTEMS 56
3.1.2 EMERGENCE OF ADVANCED TECHNOLOGIES IN WIRELESS FIRE DETECTION SYSTEMS MARKET 57
3.1.3 GROWING ADOPTION OF FIRE DETECTION SYSTEMS IN RESIDENTIAL SECTOR 57
3.1.4 STRINGENT GOVERNMENT REGULATIONS FOR FIRE SAFETY 59
3.2 RESTRAINTS 60
3.2.1 HIGH COST OF DEVICES, INSTALLATION AND MAINTENANCE 60
3.2.2 LOW RELIABILITY PERCEPTION 60
3.3 OPPORTUNITIES 61
3.3.1 RAPID INDUSTRIALIZATION IN DEVELOPING ECONOMIES 61
3.3.2 INTRODUCTION OF HYBRID DETECTION SYSTEM 62

Continued…

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Posted by on Thursday June 20 2019, 2:00 PM EDT. All trademarks acknowledged. Filed under Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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