The fire alarm system is a combination of multiple components, including a multi-sensor detector, call points, annunciator, heat detector, relay module, smoke detector, sounders, bells, repeater, carbon monoxide detector, fire control panel, and other related and optional security devices intended for the fire alarm control system. The fire alarm control panel, which functions similarly to a central processing unit (CPU) in a computer system, is the brain of the fire alarm system. It sends notifications and status indications to the linked detectors and sounders in the event of automated or manual operation. Public structures, businesses, households, and industrial facilities all have wired fire alarm systems. Fire alarms help in detecting a fire at an early stage, notifying the relevant personnel, alerting and evacuating occupants, identifying and guiding fire fighters, and activating auxiliary functions such as smoke controls, lift homing, and others.
Segments
The global fire alarm system market is segmented on the basis of product, type, and application. Based on the product, the market is sub-segmented into conventional alarm systems and addressable alarm systems. Based on the type, the market is sub-segmented into head detectors, smoke detectors, carbon monoxide detectors, manual call points, and others (multi-sensor detectors). Based on the applications, the market is sub-segmented into commercial, industrial, and residential.
Recent Developments
ADT, LLC, Carrier Global Corp., Siemen AG, Bosch, Raytheon Technologies, Honeywell International Ltd., Johnson Controls, and Eaton Corp. are among the prominent competitors in the global fire alarm system market. These market participants are employing a variety of techniques in order to remain competitive, such as alliances, new product launches, and market expansion. Some of the recent developments in the market include:
• In July 2022, Panasonic introduced the addition of OPC UA functionality to the Gateway 5088 for Panasonic EBL512 G3 fire alarm systems. This enables its Gateway 5088 to operate as an OPC UA server. With this new functionality, OPC UA clients can connect and get real-time information about alarms, faults, disablements, and other deviations from the fire alarm system.
• In May 2022, Nittan Europe launched a visual alarm base compatible with its photoelectric smoke detector. The product is named EV-PYSAD, which is a Type A indoor beacon base VAD with improved performance.
• In April 2022, BayBot launched a new and innovative smoke detector integrated with an intelligent sensor. The detector is able to notify people in real time if any fumes or smoke are detected.
• In January 2022, Bay Alarm Co. acquired Mijac Alarm Systems of Rancho Cucamonga, California. This acquisition helps the company expand its geographic footprint, which, in turn, expands the global market for fire alarm systems.
• In January 2022, Hochiki Europe partnered with Advanced. Advanced’s MxPro 5 fire alarm control panel features were combined with Hochiki’s addressable multi-sensor ACD device features to develop a quality product.
• In February 2021, EMS announced the launch of their exciting new SmartCell Wireless Fire Alarm System range. SmartCell has been designed as a complete wireless fire detection system to protect people and property. The system incorporates separate information zones that allow input devices to be configured in multiple configurations, providing maximum flexibility to the user and designer.
Market Drivers
The fire alarm system market is witnessing significant growth during the forecast period. According to OMR Research, the market is expected to grow at a CAGR of 7.2% during the forecast period (2023–2029). The factors attributed to the market’s growth include the government's increasing push for smoke detector installation in automotive and other buildings. For instance, the Road Transport Ministry of India ordered the installation of fire alarm systems in the passenger section of all new buses intended for long routes, including school buses, in January 2022. These buses must also be equipped with a device that puts out fires in order to give passengers adequate time to get off the burning bus. Every time smoke, carbon monoxide, fire, or other fire-related situations are discovered, a fire alarm and detection system alerts individuals. It is intended to identify fire at an early stage, when there is still time for safe occupant evacuation.
The growing number of business centers has also propelled the demand for new fire alarm and detection systems within the commercial segment. Additionally, rising smart city projects, increasing residential projects, urbanization, and advanced technological developments in the fire alarm system will aid in the market’s growth. For instance, in February 2022, Kentec Electronics launched K-Mesh, a next-generation wireless fire detection system that uses self-healing and configuring mesh technology to deliver optimum levels of reliability. K-Mesh is a new development and a new name for Kentec’s Ekho wireless system. Kentec’s sister company, Hochiki Europe, will retain the Ekho brand for their hybrid wireless offering. This will enable Kentec Installation Partners (KIPs) such as SolarFire Systems to promote and sell a system that is bespoke to them and that has a series of additional product features. The ability of market players to create such advanced fire alarm systems will propel the market’s growth further.