Wireless Fire Detection System Market Analysis By 2024 - Top Key Players are Apollo Fire Detectors, Ceasefire Industries Pvt Ltd., Halma plc, Honeywell, Johnson Controls, NAPCO Security Technologies, Robert Bosch GmbH, Siemens and United Technologies

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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Key industry players involved in the Wireless Fire Detection System business and promoting the growth of the global Wireless Fire Detection System Market are as follows:

• Apollo Fire Detectors
• Argus Security Inc
• Ceasefire Industries Pvt Ltd.
• CWSI
• detectomat GmbH
• Electro Detectors Ltd
• EMS
• Eurofyre Limited
• Halma plc
• Hochiki Corporation
• Honeywell
• Johnson Controls
• NAPCO Security Technologies
• Robert Bosch GmbH
• Siemens
• Sterling Safety Systems
• United Technologies
• Zeta Alarms Limited

In a wireless infrastructure, various sensors and detectors communicate with the fire alarm panels through radio signals. The increase in the adoption of addressable fire alarm panels can be attributed to as the key driver for the adoption of wireless sensor technology. The market growth has gained momentum over the past few years owing to the benefits of radio fire alarm systems such as visual and auditory confirmation in cases of emergency and elimination of false alerts by means of a flexible system design. The high cost of wireless control panels may limit the market growth of the wireless fire detection system market over a short term; however, the rise in the number of regional market players offering competitive prices may boost their adoption across such regions.

The growing trend of infrastructure development in developing regions including India, Brazil, and Thailand coupled with new construction activities, tightening of fire safety and security norms, and proliferation of wireless connectivity is expected to favorably boost the demand for wireless fire detection system market over the forecast period in such regions. The rise in the adoption of radio fire alarm systems in developing regions offers a stupendous potential for market growth over the next six years. In addition, the need for enhanced safety and security features that match the laid-out compliances and protocols is expected to drive wireless fire detection system market growth over the mature markets of Europe and North America.

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Numerous technologies for sensing and detecting the presence of fire include heat detectors, smoke detectors, gas detectors and multi-sensor detectors. The ongoing trend in the wireless fire detection system market is the integration of sensors within a single detector, resulting in greater efficiency and lowered cost. The growth in the infrastructure development, facilities, and utilities has alleviated the need for the adoption of advanced sensors and detectors such as smoke detectors across the globe. In addition, the sensor technology’s conformation to various industry standards, such as ISO, EN, FCC, NFPA, UL, and CE, helps in standardizing the product offering and aid end users in making the best purchase decisions.

Adoption of wireless fire detection system market across residential applications in the U.S. is expected to boost demand for the solution over the forecast period. The growing trend of smart homes and reduction in price of smart home automation devices is expected to drive down the cost of residential wireless fire detection system market over the forecast period. In Canada, the cost remains high owing to lack of established regional players in the region.

With continuous improvements in radio fire alarm systems, these solutions are able to offer advanced features such as temporary fire alarms in cases of accidental or deliberate activation of call points and adaptability of the system to respond to real and genuine emergencies. Issues, such as radio signal interference, can be minimized by an automatic change of frequencies as needed, leading to reduced risks of system failures and improving the overall reliability. The global rise in the demand for wireless fire detection system market in industrial and commercial applications has forced several established layers to expand their expertise in the segment through product innovations or strategic acquisitions.

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Key players in the wireless fire detection system industry include Electro Detectors Ltd., Siemens AG, EMS Wireless Fire and Security Ltd., EuroFyre Ltd., Sterling Safety Systems, Honeywell International, Inc., Halma PLC, Tyco International PLC, HOCHIKI Corporation, (UK), Robert Bosch GmbH, and Detectomat GmbH, among others. As per estimates, wireless fire detection systems market will surpass a revenue collection of USD 500 million by the end of 2024.

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