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Wireless Fire Detection Market 2019 Key Competitors Analysis - Siemens, Schneider Electric, ABB, Honeywell International, Inc., Hochiki Corporation, Halma Plc., Detectomat Gmbh, Robert Bosch Gmbh
Global Wireless Fire Detection Market
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Some of the major players operating in the "Global Wireless Fire Detection Market" are:
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 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 and others.
Wireless Fire Detection Market is expected to reach USD 312.54 million by 2026 from USD 165.27 million in 2018, at a CAGR of 8.6% in the forecast period of 2019 to 2026. Also the Global Wireless Fire Detection Market 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, South America, Middle East & Africa) - Forecast to 2026
The wireless fire detection market is a highly concentrated market which includes key players and local players. The market has witnessed various strategic developments owing to favourable market scenario. The market will grow in the coming years due to increase in awareness in industries towards fire detection systems, emergence of advanced technologies in wireless fire detection systems market, growing adoption of fire detection systems in residential sector and stringent government regulations for fire safety. The rapid industrialization in developing economies and introduction of hybrid detection system possesses a great demand for the growth of market.
The market has witness developments in terms of merger and acquisitions or product launches to enhance the product portfolio in order to meet the rising demand of innovative technology. For instance, in January 2019, Halma plc has announced the acquisition of Business Marketers Group Inc., which is a provider of emergency communication systems in the USA for the refugees. This would help the company in extending the safety communications capabilities and adding a new market niche for the areas of refugee.
Honeywell International, Inc., dominated the wireless fire detection market and accounts for the highest market share in 2018 which is followed by Siemens and Johnson Controls. The other key players existing in the market includes Ems Security Group Ltd, Electro Detectors Ltd, Sterling Safety Systems, Wagner Group Gmbh, Hochiki Corporation, Halma Plc., Apollo Fire Detectors Fire Limited, Robert Bosch Gmbh, Eurofyre ltd., Detectomat Gmbh, Ceasefire Industries Pvt. Ltd, Napco Security technologies, Inc., Def Nederland, Zeta Alarm ltd, Libelium Comunicaciones Distribuidas S.L, Attentis, GTE, Vigilys, Inc and others.
Market Trends:
The wireless fire detection market is segmented into five notable segments which are product type, installation type, system type, application and vertical.
On the basis of product type, the market is segmented into sensors/detectors, call points, fire alarm panels and modules, input/output modules and others. The sensors/detectors are sub-segmented into gas detectors, flame detectors, smoke detectors and multisensory detectors. The smoke detectors are further sub-segmented into photoelectric, ionization, and dual sensors.
On the basis of application, the market is segmented into indoor and outdoor. The indoor segment is sub-segmented into industrial sites, commercial sites, high-rise buildings, hotels, decorative areas, schools and others. The outdoor is sub-segmented into buildings, stores, agricultural areas, forests, plants, and others.
On the basis of vertical, the market is segmented into industrial, commercial, residential, healthcare, and others. The industrial is sub-segmented into oil and gas, chemical, mining, and others. The commercial is sub-segmented into shopping malls, institutions, offices and others.
On the basis of system type, the market is segmented into fully wireless systems and hybrid systems.
On the basis of installation type, the market is segmented into new installation and retrofit installation.
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OPPORTUNITY
INTRODUCTION OF HYBRID DETECTION SYSTEM
Hybrid Detection systems are the systems combined with the integrated technology for radio fire with wired systems. It is a combination of wired and wireless detecting systems and it would be advantageous in terms of better interior of the building, remotely access all the areas of the building and other benefits.
The Hybrid Fire Alarm System device includes an extensive range of devices such as smoke detectors, heat detectors, multi sensors, call points, wall sounder & beacons, sounder & beacon bases and a variety of interface options, which can be used to solve many fire detection issues within the building.
For instance,
HyFire HFW-PA-01 Smoke Detector by The Safety Centre is an example of hybrid fire alarm system which allows the connection of wireless fire alarm system devices.
CHALLENGE
INSTALLATION OF FIRE SYSTEMS IN HIGH-RISE BUILDINGS
The high rise building usually has complicated layout and great height. In addition to it, they have great capacity for many occupants.
The wireless fire detection system can be used in such high rise building, which can prevent it from fire related damages. Because if any fire related situation occurs in the building, then the nearby large areas can also get affected or may get shut down. So, an efficient fire detection system would be required for situations like these particularly in large buildings. The issues with the high-rise buildings are related to its layout and capacity.
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