Wireless Fire Detection Systems Market 2020 – 2026 Segmentation and Competitive Landscape

1
Wireless Fire Detection Systems Market Study by
Competitive Analysis and Future Prospects to 2026

• The growing number of fire incidents is likely to
  encourage the mass deployment of wireless fire
  detection systems in commercial and residential
  infrastructures. Reportedly, as per the U.S. Fire
  Administration (USFA), nearly 379,600 residential
  building fires were recorded in the U.S. in 2018.
  Ongoing efforts to improve and upgrade existing
  government regulations regarding fire safety will
  augment wireless fire detection systems industry
  expansion.
• The deployment of advanced fire detection
  technologies could help reduce economic impact
  and loss to life and property caused by fire
  incidents. According to a Global Market Insight,
  Inc., analysis report, global wireless fire
  detection systems market size is estimated to
  surpass US1 billion by 2026.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
2

• Stringent government regulations have made the
  installation of wireless fire detection systems
  mandatory in newly constructed buildings.
  Increasing construction of commercial and
  residential buildings, increased demand for smart
  home automation solutions and ubiquitous wireless
  connectivity will lead to widespread adoption of
  wireless fire alarm systems.

• Substantial investment in the infrastructural
  development in India, Japan, and Thailand will
  contribute to the regional industry share. The
  COVID-19 pandemic has severely hampered the
  expansion of the wireless fire detection systems
  industry, with the fall in the global economic
  growth as a major consequence of the ongoing
  health crisis.

• Disruptions in the supply chain and
  unavailability of raw materials caused losses to
  companies manufacturing fire detection
  technologies as construction activities had
  slowed down. In addition, the sale of high-cost
  fire detection systems has been affected by the
  growing financial insecurities among customers
  which have impacted their buying behavior.

• Wireless fire safety system plays a crucial role
  in the early detection of fire. They are easy to
  install and eliminate drilling and reconstruction
  of cable wiring which is required in setting up
  wired fire alarm system. Easy deployment and
  hassle-free maintenance of these systems will
  augment its high adoption rate in organizations.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
3
Request for a Sample Copy of this Report _at_
https//www.gminsights.com/request-sample/detail/2
493
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
4

• Regional Analysis

• The Asia Pacific wireless fire detection systems
  industry is anticipated to experience significant
  growth in the next few years. The regional
  industry expansion is predominantly driven by
  robust economic growth, the inclination of
  consumers towards sophisticated technologies
  including wireless IP solutions, and strict
  regulations pertaining to mandatory installation
  of wireless fire alarm systems in all commercial
  and residential buildings.

• Competitive Analysis

• The revival of economic growth following the
  lockdown will strengthen the global wireless fire
  detection systems industry outlook. Leading
  companies manufacturing fire safety systems
  include Robert Bosch GmbH, Halma PLC, Siemens AG,
  Tyco International PLC, Electro Detectors Ltd.,
  EMS Wireless Fire and Security Ltd., and
  Honeywell, International, Inc.

2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
Latest Research Report On Wireless Fire Detection
Systems Market _at_ https//www.gminsights.com/indus
try-analysis/wireless-fire-detection-system-market

Request for sample of this research report_at_
https//www.gminsights.com/request-sample/detail/
2493
Request for customization _at_https//www.gminsights
.com/roc/2493
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
6
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
www.gminsights.com