Market Overview:
The global fire alarm devices market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing demand for fire alarm devices in various applications such as oil and gas, chemical and pharmaceutical, food and beverages, energy and power, mining, and other industries. In addition, the increasing awareness about safety among consumers is also propelling the growth of the global fire alarm devices market. Based on type, the global fire alarm devices market can be segmented into visual signaling equipment and audible signaling equipment. The visual signaling equipment segment is expected to grow at a higher CAGR during the forecast period owing to its ability to provide early warning signals in case of a fire incident. Based on application, the global fire alarm devices market can be divided into six segments: oil and gas; chemical and pharmaceutical; food and beverages; energyand power; mining; other applications including healthcare facilities & hospitals,.
Product Definition:
A fire alarm device is a system or component that senses an emergency, such as a fire, and alerts people by sounding an alarm. The purpose of fire alarm devices is to provide early warning of a potential hazard so that people can take appropriate action to protect themselves and their property.
Visual Signaling Equipment:
Visual signaling equipment is used in fire alarm devices to indicate the status of a particular device or system. It can be either manual, semi-automatic or automatic. Visual signaling equipment are majorly used in residential and commercial buildings for indicating any problem with the functioning of smoke detectors, heat detectors, and water leakages among others.
Audible Signaling Equipment:
Audible signaling equipment is a device used to communicate with the fire department in emergencies. It consists of two parts - an audible signal generator and a speaker. The audible signaling equipment is connected to the fire alarm system through wires or wireless connection and it gives out an emergency call when activated by the control unit in the system.
Application Insights:
The market is segmented by application into oil and gas, chemical and pharmaceutical, food and beverages, energy and power, mining other. The oil and gas sector dominated the overall industry in terms of revenue share in 2017. This high share is attributable to the increasing number of crude oil production across the globe coupled with stringent regulations for safety equipment at onshore facilities.
The mining sector accounted for a significant portion of global fire alarm devices market in 2017 owing to growing demand from steel manufacturing companies for continuous production along with stringent regulations regarding safety equipment at underground mines. In addition to this factor, low price levels of fire-alarm signaling products have also encouraged their adoption across small-scale as well as large-scale metal mines across China India & Australia Japan U.S.
Regional Analysis:
North America dominated the global fire alarm devices market in 2016 and is expected to continue its dominance over the forecast period. The presence of stringent building codes and regulations pertaining to fire safety are some of the major factors contributing to regional growth. For instance, according to NFPA, Inc., a national association dedicated to promoting public safety, life safety systems should be installed in all new residential construction as well as any structure with a height greater than 60 feet. Moreover, these systems should be tested for proper operation before putting them into service.
Asia Pacific is anticipated to witness significant growth over the next eight years owing their rapidly developing economies such as China and India along with other Southeast Asian countries such Indonesia.
Growth Factors:
- Increasing demand for fire alarm devices in the commercial sector as a result of growing awareness about safety and security.
- Rapid growth in construction industry, which is expected to drive the demand for fire alarm devices in the coming years.
- Rising number of fires due to faulty wiring and electrical appliances, which is expected to boost the demand for fire alarm devices over the forecast period.
- Growing popularity of smart homes and connected homes, which is projected to create new opportunities for growth of the Fire Alarm Devices market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Alarm Devices Market Research Report
By Type
Visual Signaling Equipment, Audible Signaling Equipment
By Application
Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining, Other
By Companies
Patlite Corporation, Federal Signal Corporation, Werma Signaltechnik GmbH, Eaton Corporation PLC (Cooper Industries), Rockwell Automation, Inc., Potter Electric Signal Company, LLC, Honeywell (Novar GmbH), Schneider Electric, R. Stahl AG, Auer Signal, E2S Warning Signals, Sirena S.p.A., Pfannenberg, Tomar Electronics, Inc, Edwards Signaling, Moflash Signalling Ltd
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Fire Alarm Devices Market Report Segments:
The global Fire Alarm Devices market is segmented on the basis of:
Types
Visual Signaling Equipment, Audible Signaling Equipment
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
Oil and Gas, Chemical and Pharmaceutical, Food and Beverages, Energy and Power, Mining, 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:
- Patlite Corporation
- Federal Signal Corporation
- Werma Signaltechnik GmbH
- Eaton Corporation PLC (Cooper Industries)
- Rockwell Automation, Inc.
- Potter Electric Signal Company, LLC
- Honeywell (Novar GmbH)
- Schneider Electric
- R. Stahl AG
- Auer Signal
- E2S Warning Signals
- Sirena S.p.A.
- Pfannenberg
- Tomar Electronics, Inc
- Edwards Signaling
- Moflash Signalling Ltd
Highlights of The Fire Alarm Devices 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:
- Visual Signaling Equipment
- Audible Signaling Equipment
- By Application:
- Oil and Gas
- Chemical and Pharmaceutical
- Food and Beverages
- Energy and Power
- Mining
- 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 Devices 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 devices are used to warn people of a fire.
Some of the key players operating in the fire alarm devices market are Patlite Corporation, Federal Signal Corporation, Werma Signaltechnik GmbH, Eaton Corporation PLC (Cooper Industries), Rockwell Automation, Inc., Potter Electric Signal Company, LLC, Honeywell (Novar GmbH), Schneider Electric, R. Stahl AG, Auer Signal, E2S Warning Signals, Sirena S.p.A., Pfannenberg, Tomar Electronics, Inc, Edwards Signaling, Moflash Signalling Ltd.
The fire alarm devices market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Alarm Devices 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 Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Fire Alarm Devices 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 Devices 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 Devices Market Size & Forecast, 2020-2028 4.5.1 Fire Alarm Devices Market Size and Y-o-Y Growth 4.5.2 Fire Alarm Devices 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 Visual Signaling Equipment
5.2.2 Audible Signaling Equipment
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 Oil and Gas
6.2.2 Chemical and Pharmaceutical
6.2.3 Food and Beverages
6.2.4 Energy and Power
6.2.5 Mining
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fire Alarm Devices 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 Devices 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 Visual Signaling Equipment
9.6.2 Audible Signaling Equipment
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 Oil and Gas
9.10.2 Chemical and Pharmaceutical
9.10.3 Food and Beverages
9.10.4 Energy and Power
9.10.5 Mining
9.10.6 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 Visual Signaling Equipment
10.6.2 Audible Signaling Equipment
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 Oil and Gas
10.10.2 Chemical and Pharmaceutical
10.10.3 Food and Beverages
10.10.4 Energy and Power
10.10.5 Mining
10.10.6 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 Visual Signaling Equipment
11.6.2 Audible Signaling Equipment
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 Oil and Gas
11.10.2 Chemical and Pharmaceutical
11.10.3 Food and Beverages
11.10.4 Energy and Power
11.10.5 Mining
11.10.6 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 Visual Signaling Equipment
12.6.2 Audible Signaling Equipment
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 Oil and Gas
12.10.2 Chemical and Pharmaceutical
12.10.3 Food and Beverages
12.10.4 Energy and Power
12.10.5 Mining
12.10.6 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 Visual Signaling Equipment
13.6.2 Audible Signaling Equipment
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 Oil and Gas
13.10.2 Chemical and Pharmaceutical
13.10.3 Food and Beverages
13.10.4 Energy and Power
13.10.5 Mining
13.10.6 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 Devices Market: Competitive Dashboard
14.2 Global Fire Alarm Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Patlite Corporation
14.3.2 Federal Signal Corporation
14.3.3 Werma Signaltechnik GmbH
14.3.4 Eaton Corporation PLC (Cooper Industries)
14.3.5 Rockwell Automation, Inc.
14.3.6 Potter Electric Signal Company, LLC
14.3.7 Honeywell (Novar GmbH)
14.3.8 Schneider Electric
14.3.9 R. Stahl AG
14.3.10 Auer Signal
14.3.11 E2S Warning Signals
14.3.12 Sirena S.p.A.
14.3.13 Pfannenberg
14.3.14 Tomar Electronics, Inc
14.3.15 Edwards Signaling
14.3.16 Moflash Signalling Ltd