Press release
Fire Alarm System Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global fire alarm system market is anticipated to exhibit a CAGR of 7.2% during the forecast period. The presence of stringent government regulations regarding the use of fire safety appliances in commercial and industrial buildings is anticipated to drive the demand for fire alarm systems across the globe. The rising demand for the fire alarm system to avoid fire mishaps is anticipated to drive the growth of the global market. Looking towards the rising demand for fire alarm systems, several players are launching new fire alarm systems in the market to meet the emerging requirement of their customers.A full report of Fire Alarm System Market is available at: https://www.omrglobal.com/industry-reports/fire-alarm-system-market
For instance, in September 2019, ABB, Ltd. had launched its new Alarm-Stick, which integrates ABB’s smoke, heat, and carbon monoxide (CO) detectors into ABB-free@home. The new Alarm-Stick connects to the ABB-free@home System Access Point via USB and communicates wirelessly to the detectors, utilizing the VdS 3515 certified detector protocol, making the integration process extremely easy. In May 2019, C-Tec, an electronic equipment manufacturer had launched a grade C domestic fire alarm system in UK. This new IoT fire alarm management package offers floor plan graphics, remote access capabilities, and mobile app connectivity. The increasing focus of manufacturers in launching innovative alarm system is anticipated to drive the global fire alarm system market.
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Market Coverage
• The market number available for – 2019-2026-
• Base year- 2019
• Forecast period- 2019-2026
• Segment Covered- By Product Type, Application
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Johnson Controls International plc, Honeywell International, Inc., NAPCO Security Technologies, Inc., United Technologies Corp., Panasonic Corp., Robert Bosch GmbH, and Carrier Global Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Fire Alarm System Market Report Segment
By Product
• Conventional Fire Alarm System
• Addressable Fire Alarm System
By Application
• Commercial
• Industrial
• Residential
Fire Alarm System Market– Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• ADT, LLC
• Bay Alarm Co.
• Carrier Global Corp.
• Eaton Corp.
• Fenwal Controls of Japan, Ltd.
• Fike Corp.
• Gentex Corp.
• Halma plc
• Hochiki Corp.
• Honeywell International, Inc.
• Johnson Controls International plc
• Koorsen Fire & Security, Inc.
• MAK Technologies, Inc.
• NAPCO Security Technologies, Inc.
• Nittan Company, Ltd.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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