The global wireless fire detection systems market is estimated to grow significantly at a CAGR of 6.8% over the forecast period. Wireless fire detection systems are advanced categories of mass notification systems that are used to alert people about the impending activity so that a safe exit or precautional measures can be taken. These systems are also used to send one-way messages to inform employees and the public of an emergency. 

The wireless fire detection systems are used by an organization such as fire and police departments, emergency management organizations, federal, state and local governments, cities & communities, building owners & building management companies and others. The global wireless fire detection systems industry offers a well-defined set of notification products and services that ensures the drop off in spreading misinformation and also reduces response time. The wireless fire detection systems can offer various options for real-time instructions during the crisis, testing and also system management. 

Segmental Outlook  

The global wireless fire detection systems market is segmented on the basis of type, end-user, and region. On the basis of the type, the market is sub-segmented into fully wireless fire detection systems and hybrid wireless fire detection systems. The penetration of wireless fire detection solutions has been positively stimulated by the ease of integration of radio fire alarm systems with hardwired addressable fire detection system through radio loop modules. This blend of wireless technology with wired systems enhances the reliability and efficiency of the overall system. Based on the end-user, the market is classified into residential and commercial. 

Global Wireless Fire Detection Systems Market Share by Type, 2018 (%) 

The Commercial End-User Segment Held the Dominating Share in the Global Market

As the number of educational facilities along with a number of healthcare facilities and the corporate sector continues to increase, the demand for wireless fire detection mass notification systems in such facilities also continues to increase. Thus, a rising number of end-users are creating enormous demand for wireless fire detection systems which ultimately results in market growth. Educational facilities such as colleges, universities, dree-granting schools; healthcare facilities; defense; corporate sector; and others such as the energy and utility sector, and manufacturing industries are some of the major end-users of wireless fire detection systems across the globe. 

Regional Outlook 

Geographically, the study of the global wireless fire detection systems market covers the study of four major regions including North America (the US and Canada), Europe (Germany, UK, Italy, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of the World (RoW). Asia-Pacific is estimated to register the fastest growth rate over the forecast period. Rapidly evolving infrastructure coupled with rising building and construction industry is influencing the market growth of the region. 

The US to Drive North America Wireless Fire Detection Systems Market

North America is estimated to dominate the global wireless fire detection systems market in 2018 and is further estimated to follow the same trend over the forecast period. The growth of the region can be attributed to the well-established retail, manufacturing and energy sector in the economies of the region such as the US and Canada. Moreover, stringent regulations mandating the installation of fire detection systems in end-use setting coupled with the increasing trend of digitalization and wide adoption of wireless technology is further augmenting the market growth. 

State federal governments of the US have set up some regulations and standards that are mandating the installation of fire alarm systems within the respective state. For instance, in Alabama, smoke alarms are generally required in residential settings. For all new construction hard-wired alarms are required. Alabama adopted the NFPA Codes, 2003 edition. NFPA 101 requires electrically powered smoke alarms outside sleeping areas and in each sleeping room. It also requires a smoke alarm on each floor of the structure. There is no requirement for a specific type: ionization, photoelectric or dual. Any of the three will meet the minimum requirements.

Market Players Outlook

Additionally, the market consists of several market players that are designing, developing, and marketing wireless fire detection systems to cater to a wide range of customers across the globe. The global wireless fire detection systems industry is fragmented in nature, thereby players operating in the industry faces tough competition in terms of prices and quality of products. Key players of the market include Robert Bosch GmbH, Johnson Controls International PLC, Honeywell International Inc., Siemens AG, Halma PLC, and others. In order to remain competitive in the market, these market players adopt various strategies such as mergers and acquisitions, product offering expansion, geographical expansion, partnerships and collaborations, and others. 

The Report Covers

• Market value data analysis of 2018 and forecast to 2025.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global wireless fire detection systems market. Based on the availability of data, information related to products and services, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where’ in the market.