Press release
2022 Fire Detection Equipment Market: Key Strategies, Overview, Competitive Landscape by 2031 | Johnson Controls, Honeywell International, United Technologies, Siemens, Halma
Fire Detection Equipment Market
The regions covered in the Fire Detection Equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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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.
Key competitors in the Fire Detection Equipment market include Johnson Controls, Honeywell International, United Technologies, Siemens, Halma, Gentex, Robert Bosch, Hochiki, Securiton AG, Encore Fire Protection, Sterling Safety Systems, Fire Suppression Limited, Schrack Seconet AG, Napco security technologies, VFP Fire Systems, Siemens AG, Emerson Electric Co., Bosch Security Systems, Tyco International Limited, Spectrex, Inc., Johnson Controls, General Monitors, Inc., Fire Suppression Limited, Schrack Seconet AG, Napco security technologies and VFP Fire Systems.
The global fire detection equipment market size is expected to grow from $6.78 billion in 2021 to $7.72 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fire detection equipment market is expected to reach $12.46 billion in 2026 at a CAGR of 12.7%.
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TBRC's report segments the global Fire Detection Equipment market:
1) By Product Type: Flame Detectors, Smoke Detectors, Heat Detectors
2) By Connectivity: Wired, Wireless
3) By End-Use Industry: Banking, Financial Services and Insurance (BFSI), Hospitality and Travel, Healthcare, Transportation and Logistics, Manufacturing, Retail, Mining, Oil and Gas, Others
Read further on the Fire Detection Equipment market here:
https://www.thebusinessresearchcompany.com/report/fire-detection-equipment-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Fire Detection Equipment Market Characteristics
3. Fire Detection Equipment Market Trends And Strategies
4. Impact Of COVID-19 On Fire Detection Equipment Market
5. Fire Detection Equipment Market Size And Growth
.....
27. Fire Detection Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fire Detection Equipment Market
29. Fire Detection Equipment Market Future Outlook And Potential Analysis
30. Appendix
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