Market Overview:
The global fire alarm and automatic fire-fighting systems market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these systems from residential, business, and public applications, and the growing awareness about safety and security among consumers. The hardware segment is expected to dominate the global fire alarm and automatic fire-fighting systems market during the forecast period. This segment is projected to grow at a CAGR of 7% from 2018 to 2030. The software segment is projected to grow at a CAGR of 5% during the same period.
Product Definition:
A fire alarm is an automated system that alerts people to a fire in a building. The purpose of a fire alarm system is to notify the occupants of a building of an emergency, so that they can take action to protect themselves and evacuate the premises. A properly functioning fire alarm system can also summon help from emergency responders, such as firefighters or police officers.
Hardware:
Hardware is the part of a system that can be touched and seen, it includes all the devices used to create an output. In case of fire alarm & automatic fire-fighting systems hardware includes all the devices which are necessary for creating an output. Hardware in this context means any device or mechanism which can be attached to a wire and used to transmit information. The input/outputs of hardware include things like sirens, pull stations, alarms etc.
Software:
Software is a set of instructions, which aids in the control and operation of a device. In case of fire alarm and automatic fire-fighting systems, software helps in controlling the operations such as activation/deactivation of smoke detectors, opening/closing valves etc. The demand for software is increasing owing to its advantages such as it can be easily updated and modified according to requirements. It also provides flexibility to system operators by enabling them to change the response time intervals etc.
Application Insights:
The market is segmented by application into residential, business, public and other applications. The residential sector accounted for the largest share in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to growing urbanization coupled with a rise in disposable income levels across various regions of the world. Furthermore, favorable government policies promoting infrastructure development are expected to further drive growth over the coming years.
The business sector was estimated at USD 2.5 billion in 2017 owing to an increase in demand for automatic fire-fighting systems from small scale as well as large commercial buildings for protection against fire accidents including structure fires, smoke detection & alarm systems etcetera worldwide due to increasing awareness about safety among businesses regarding loss of property.
Regional Analysis:
North America dominated the global fire alarm and automatic fire-fighting systems market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to stringent government regulations for safety, which has resulted in increased installation of these systems across various industries. In addition, technological advancements coupled with high demand from commercial sectors are also driving growth across this region.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to increasing number of residential and commercial constructions taking place across countries such as China, India, Japan and Australia among others.
Growth Factors:
- Increasing demand for fire alarm and automatic fire-fighting systems in the commercial sector as a result of growing awareness about safety and security.
- Proliferation of smart buildings, which are equipped with advanced fire alarm and automatic fire-fighting systems for enhanced safety.
- Stringent regulations pertaining to installation of fire alarm and automatic fire-fighting systems across various end-use industries.
- Rising demand from the residential sector for advanced smoke detectors, heat detectors, and other related devices to ensure safety against fires.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Alarm and Automatic Fire-Fighting Systems Market Research Report
By Type
Hardware, Software
By Application
Residential, Business, Public, Other
By Companies
UTC, Hochiki Corporation, Honeywell, Siemens, Johnson Controls, SONGJIANG, Micropack Engineering, Fike, VSAIL, LEADER GROUP, CFS, Firefly AB, JADE BIRD FIRE, Argus Security, HuiAn
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Fire Alarm and Automatic Fire-Fighting Systems Market Report Segments:
The global Fire Alarm and Automatic Fire-Fighting Systems market is segmented on the basis of:
Types
Hardware, Software
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Business, Public, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- UTC
- Hochiki Corporation
- Honeywell
- Siemens
- Johnson Controls
- SONGJIANG
- Micropack Engineering
- Fike
- VSAIL
- LEADER GROUP
- CFS
- Firefly AB
- JADE BIRD FIRE
- Argus Security
- HuiAn
Highlights of The Fire Alarm and Automatic Fire-Fighting Systems Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- By Application:
- Residential
- Business
- Public
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fire Alarm and Automatic Fire-Fighting Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fire alarm systems are designed to activate automatically when there is a fire. Automatic fire-fighting systems help firefighters put out the fire.
Some of the key players operating in the fire alarm and automatic fire-fighting systems market are UTC, Hochiki Corporation, Honeywell, Siemens, Johnson Controls, SONGJIANG, Micropack Engineering, Fike, VSAIL, LEADER GROUP, CFS, Firefly AB, JADE BIRD FIRE, Argus Security, HuiAn.
The fire alarm and automatic fire-fighting systems market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Alarm and Automatic Fire-Fighting Systems Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fire Alarm and Automatic Fire-Fighting Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Alarm and Automatic Fire-Fighting Systems Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fire Alarm and Automatic Fire-Fighting Systems Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fire Alarm and Automatic Fire-Fighting Systems Market Size & Forecast, 2020-2028
4.5.1 Fire Alarm and Automatic Fire-Fighting Systems Market Size and Y-o-Y Growth
4.5.2 Fire Alarm and Automatic Fire-Fighting Systems Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Business
6.2.3 Public
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Alarm and Automatic Fire-Fighting Systems Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fire Alarm and Automatic Fire-Fighting Systems Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Business
9.10.3 Public
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Business
10.10.3 Public
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Business
11.10.3 Public
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Business
12.10.3 Public
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Business
13.10.3 Public
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fire Alarm and Automatic Fire-Fighting Systems Market: Competitive Dashboard
14.2 Global Fire Alarm and Automatic Fire-Fighting Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 UTC
14.3.2 Hochiki Corporation
14.3.3 Honeywell
14.3.4 Siemens
14.3.5 Johnson Controls
14.3.6 SONGJIANG
14.3.7 Micropack Engineering
14.3.8 Fike
14.3.9 VSAIL
14.3.10 LEADER GROUP
14.3.11 CFS
14.3.12 Firefly AB
14.3.13 JADE BIRD FIRE
14.3.14 Argus Security
14.3.15 HuiAn
