Press release
(2020-2023) Fire Detection Equipment Market Size, Share, Growth And Trends, Key Players | Johnson Controls, Honeywell International, United Technologies, Siemens, Halma , Gentex , Robert Bosch
Fire Detection Equipment Market
The global fire detection equipment market reached a value of nearly $22.6 billion in 2019, having grown at a compound annual growth rate (CAGR) of 5.13% since 2015, and is expected to grow at a CAGR of 5.31% to nearly $27.8 billion by 2023.
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The fire detection equipment market consists of sales of fire detection equipment used to warn people when the presence of fire is detected. Fire detection equipment reduces the damage caused by fire by generating warning signals (including audio or visual signals) in case of fire. Detection of fire is done by detecting the smoke, heat or flames. However, this equipment does not intervene in the fire suppression.
Stringent government regulations and mandates on fire detection measures contribute to the fire detection equipment market’s growth. Globally, different government agencies have implemented various laws regarding the installation of fire safety equipment in organizations to ensure employees safety.
Fire Detection Equipment Market Segmentation:
By Product Type
1.Flame Detectors
2.Smoke Detectors
3.Heat Detectors
By End-User
1.Commercial
2.Industrial
3.Residential
4.Transport and Others
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Few Points From Table Of Content
1. Executive Summary
2. Fire Detection Equipment Market Characteristics
3. Fire Detection Equipment Market Size And Growth
4. Fire Detection Equipment Market Segmentation
5. Fire Detection Equipment Market Regional And Country Analysis
...
25. Fire Detection Equipment Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Fire Detection Equipment Market
27. Fire Detection Equipment Market Trends And Strategies
28. Fire Detection Equipment Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the fire detection equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the fire detection equipment market are Johnson Controls, Honeywell International, United Technologies, Siemens, Halma , Gentex , Robert Bosch, Hochiki
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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