Learn about the global fire detection equipment market through The Business Research Company, which provides information on fire detection equipment market size, fire detection equipment market drivers and restraints, fire detection equipment market players, the COVID-19 impact on the fire detection equipment market, and more.

The global fire detection equipment market size is expected to grow from $6.78 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fire detection equipment market is expected to reach $12.46 billion in 2026 at a CAGR of 12.7%.

Stringent government regulations and mandates on fire detection measures contribute to the fire detection equipment market’s growth.

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The fire detection equipment market consists of sales of industrial and commercial fire detection equipment by entities (organizations, sole traders or partnerships) that produce industrial and commercial fire detection equipment. These establishments assemble parts into components, sub-assemblies and complete machines.

Global Fire Detection Equipment Market Segments Include:
By Product Type: Flame Detectors, Smoke Detectors, Heat Detectors

By Connectivity: Wired, Wireless

By End-Use Industry: Banking, Financial Services and Insurance (BFSI), Hospitality and Travel, Healthcare, Transportation and Logistics, Manufacturing, Retail, Mining, Oil and Gas, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the fire detection equipment market in 2021.

The entities involved in the fire detection equipment market are using Infrared technology to reduce the false alarms from these systems and, at the same time, shorten the time it takes alarms to detect actual fires. The use of Infrared technology increases the fire detection capabilities of a detector even in the dusty atmosphere.

TBRC’s fire detection equipment market report covers:

Major Market Players: Johnson Controls, Honeywell International, United Technologies, Siemens, Halma, Gentex, Robert Bosch, Hochiki, Securiton AG, Encore Fire Protection, Sterling Safety Systems, Fire Suppression Limited, Schrack Seconet AG, Napco security technologies, VFP Fire Systems, Siemens AG, Emerson Electric Co., Bosch Security Systems, Tyco International Limited, Spectrex, Inc., Johnson Controls, General Monitors, Inc., Fire Suppression Limited, Schrack Seconet AG, Napco security technologies and VFP Fire Systems.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Fire Detection Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides fire detection equipment market overviews, analyzes and forecasts market size, share, fire detection equipment market players, fire detection equipment market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s fire detection equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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