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Wireless Fire Detection System Market Analysis, Share, Trend Industry Report, 2024

11-21-2019 06:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Wireless Fire Detection System Market

Wireless Fire Detection System Market

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.

Wireless fire detection system market is characterized by the presence of heat, smoke, gas, and multi-sensor types. The demand for multi-sensor detectors will grow due to their capability to detect both smoke and heat. These devices are easy to install in a minimum time as compared to wired devices. In mining facilities and disaster evacuation, false alerts can stop the operations for long durations, causing inconvenience for hours and incurring financial losses. Multi-sensor detectors are widely used in these applications as they provide a high level of reliability, decreasing inconvenience and financial losses.

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Wireless fire detection system market has lately witnessed the penetration of myriad technology and telecommunication companies, given how pivotal the incorporation of IoT is in these systems. Merely a few days back, Samsung signed an agreement with Vodafone to deploy IoT based smart home products across some of European countries. This strategic partnership has also made available a range of consumer and next-generation security products including smoke detectors, security cameras, and water leak sensors. As per their estimation, by the end of 2020, there will be approximately 290 million consumer smart home devices deployed across selected European countries.

Customers in developed and developing economies are becoming aware of the technology and are ready to spend more for safety purposes. Rising disposable income of people has also encouraged people to adopt smart homes. The growing trends of connected devices in smart homes play a vital role in driving the wireless fire detection system market. As the products required for the technology must be highly ruggedized to protect the internal components, manufacturers, such as CISCO, are working on building them to complement the smart home infrastructure.

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Stringent government regulations regarding safety and a high degree of technology adoption have made China a dominant player in the wireless fire detection system market. China has a modern economy, which runs on reliable electricity, telecommunication, and roads & rails. Infrastructure development remains the top priority for the government of China as the government has spent huge funds on infrastructure for the economic growth.

Wireless fire detection system market is characterized by the presence of heat, smoke, gas, and multi-sensor types. The demand for multi-sensor detectors will grow due to their capability to detect both smoke and heat. These devices are easy to install in a minimum time as compared to wired devices. In mining facilities and disaster evacuation, false alerts can stop the operations for long durations, causing inconvenience for hours and incurring financial losses. Multi-sensor detectors are widely used in these applications as they provide a high level of reliability, decreasing inconvenience and financial losses.

Table Of Content: -

Chapter 5. Wireless Fire Detection System Market, By Product (Revenue, Shipment)
5.1. Global wireless fire detection system market share by system type, 2017 & 2024
5.2. Smoke detector
5.3. Market estimates and forecast, by region, 2013-2024
5.3.1. Photoelectric
5.3.1.1. Market estimates and forecast, by region, 2013-2024
5.3.2. Ionization
5.3.2.1. Market estimates and forecast, by region, 2013-2024
5.3.3. Dual Sensor
5.3.3.1. Market estimates and forecast, by region, 2013-2024
5.3.4. Others
5.3.4.1. Market estimates and forecast, by region, 2013-2024
5.4. Gas detector
5.4.1. Market estimates and forecast, by region, 2013-2024
5.5. Heat detector
5.5.1. Market estimates and forecast, by region, 2013-2024
5.6. Multi-sensor detector
5.6.1. Market estimates and forecast, by region, 2013-2024
Chapter 6. Wireless Fire Detection System Market, By Model (Revenue)
6.1. Global wireless fire detection system market share by Model, 2017 & 2024
6.2. Fully wireless
6.2.1. Market estimates and forecast, 2013-2024
6.2.2. Market estimates and forecast, by region, 2013-2024
6.3. Hybrid
6.3.1. Market estimates and forecast, 2013-2024
6.3.2. Market estimates and forecast, by region, 2013-2024

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/wireless-fire-detection-system-market

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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