Press release
Wireless Fire Detection Market By Top Key Players- Honeywell International, Siemens AG, Tyco PLC, EMS Security Group Ltd, Halma Plc, Hochiki, Zeta Alarm Systems
Traditionally, fire detection systems are designed using cables that connect fire-initiating devices to fire alarm control panels. Using cables in hard wire systems is more expensive. Installing conduit, connectors, fasteners, power supplies and transformers is time-consuming and labor intensive. Wireless fire detection provides reliable wireless connections to control panels using a fully supervised wireless signal instead of wires. The installation cost of typical fire alarm systems breaks down into two basic types of charges which include tools costs and labor charges to install that equipment, but wireless detection systems do not require cable to connect between sensing devices and control equipment, the system designer can eliminate the costs associated with cable, channel, back boxes, fasteners and power supplies. Technological advancements in fire detection devices and wireless networking and improvement of various standards is increasing the growth of the wireless fire detection systems market.
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Wireless Fire Detection Market: Market Dynamics
The rapid adoption of wireless fire detection is driven by the increasing demand for retrofit installations due to the cost effectiveness and the ease involved in installing these systems.
Higher maintenance cost and low reliability of wireless fire detection as compared to other fire alarms can be the restraining factor for the market.
The latest trend in the wireless fire detection is the integration of the detectors and sensor technologies within a single detector, which results in greater efficiency and lowered cost.
Global Wireless Fire Detection Market: Market Segmentation
Segmentation Overview
Wireless fire detection market segmented by product type, installation type, technology, system type, verticals, and region.
Segmentation by product typein Wireless Fire Detection market:
Fire Detection
Fire Suppression
Fire Alarms
Detection Devices
Segmentation by installation type in Wireless Fire Detection market:
New Installation
Retrofit Installation
Segmentation by technology in Wireless Fire Detection market:
Smoke Detectors
Multi Sensor Detectors
Heat Detectors
Gas Detectors
Segmentation by system type in Wireless Fire Detection market:
Fully Wireless Systems
Hybrid Systems
Segmentation by verticals in Wireless Fire Detection market:
Residential
Retail
Healthcare
Hospitality
BFSI
Education
Government
Manufacturing
Industrial automation
Others
Global Wireless Fire Detection Market: Competition Landscape
Few prominent players in Wireless Fire Detection market includeArgus Security S.r.l., Honeywell International Inc., Siemens AG, Tyco International PLC, EMS Security Group Ltd, Sterling Safety Systems, Halma Plc, Hochiki Corporation, Zeta Alarm Systems, Electro Detectors Ltd, Ceasefire Industries Pvt. Ltd and Napco Security Technologies, Inc.
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Wireless Fire Detection Market: Regional Outlook
North America is estimated to hold the largest share in wireless fire detection market owing to the higher adoption of advanced sensors and detectors in fire detection followed by Europe and Asia Pacific region. There will be significant growth of the wireless fire detection systems market in Europe owing to the strict government mandates on the installation of fire detectors or fire alarms in European countries such as UK, France, and Germany. Latin America and MEA are expected to contribute significantly in the forecast period.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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