Market Overview:
The global fire automation system market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for safety and security systems across various applications, growing awareness about fire safety, and rising adoption of advanced technologies. The hardware segment is expected to dominate the global fire automation system market in terms of revenue during the forecast period. This can be attributed to the increasing demand for technologically advanced systems that offer enhanced performance and reliability. The software segment is projected to grow at a higher CAGR than the hardware segment during the forecast period owing to its ability to provide real-time information about fires and enable faster response times by firefighters.
Product Definition:
A fire automation system is a system that uses electronic or automated means to control the functions of a fire alarm or sprinkler system. Fire automation systems are important because they allow for more accurate and timely response to fires, as well as reduced human error.
Hardware:
Hardware is the part of any system or equipment which is fixed and permanent in nature. In case of FSS, hardware includes all the devices such as sensors, actuators, controllers and switches which are used to implement a system or an equipment. Hardware components form the most important parts of any fire safety solution as they directly affect its performance and functionality.
Hardware components can be categorized into two different types: passive and active.
Software:
Software is the set of instructions which controls and monitors the functions in a computer system. It enables to carry out any task automatically without human interference. In other words, it is used to make computers do work through programmed steps. The working of an automated process makes it possible for one person to handle more tasks simultaneously by reducing dependency on human effort and helps increase productivity at a higher rate.
Application Insights:
The business segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. The increasing need for efficiently managing fire protection operations, coupled with rising investments by various companies in developing automated systems, is anticipated to drive demand over the forecast period.
The residential application segment was valued at USD 1,227.1 million in 2017.
Regional Analysis:
North America dominated the global fire automation system market in 2017. The growth can be attributed to the presence of numerous players, technological advancements, and high demand for fire safety systems in commercial and residential sectors. Europe is expected to witness significant growth over the forecast period owing to increasing investments by governments in fire safety infrastructure coupled with growing adoption of automated technologies across various industries including manufacturing, oil & gas, healthcare & life sciences, transportation & logistics among others.
The Latin American regional market also presents a wide scope for growth opportunities due its large consumer base along with developing economies such as Brazil.
Growth Factors:
- Increasing demand for safety and security in public places
- Growing awareness about the benefits of fire automation systems
- Proliferation of smart buildings and cities
- Rising adoption of IoT-based fire automation systems
- Development of advanced fire detection and suppression technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Fire Automation System Market Research Report
By Type
Hardware, Software
By Application
Residential, Business, Public, Other
By Companies
Hochiki Corporation, Firefly AB, UTC, Gulf Security Technology Co., Ltd, Yachuan, Fike, Sterling Safety Systems, EMS Security, Micropack Engineering Ltd, Chenganshengbang(Beijing) Networktechnology Co.,Ltd., Suzhou Sidi Information Technology Co.,Ltd., Beijing Fusaier Fire Safety Equipment Co.,Ltd., China Entropy, TONGYOU, 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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Fire Automation System Market Report Segments:
The global Fire Automation System 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:
- Hochiki Corporation
- Firefly AB
- UTC
- Gulf Security Technology Co., Ltd
- Yachuan
- Fike
- Sterling Safety Systems
- EMS Security
- Micropack Engineering Ltd
- Chenganshengbang(Beijing) Networktechnology Co.,Ltd.
- Suzhou Sidi Information Technology Co.,Ltd.
- Beijing Fusaier Fire Safety Equipment Co.,Ltd.
- China Entropy
- TONGYOU
- HuiAn
Highlights of The Fire Automation System 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 Automation System 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
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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?
A fire automation system is a computerized system used to manage and monitor fires. It can include features such as real-time monitoring of fire conditions, automatic detection and reporting of fires, automated response to alarms, and mapping of fire behavior.
Some of the major companies in the fire automation system market are Hochiki Corporation, Firefly AB, UTC, Gulf Security Technology Co., Ltd, Yachuan, Fike, Sterling Safety Systems, EMS Security, Micropack Engineering Ltd, Chenganshengbang(Beijing) Networktechnology Co.,Ltd., Suzhou Sidi Information Technology Co.,Ltd., Beijing Fusaier Fire Safety Equipment Co.,Ltd., China Entropy, TONGYOU, HuiAn.
The fire automation system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fire Automation System 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 Automation System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fire Automation System 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 Automation System 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 Automation System Market Size & Forecast, 2020-2028
4.5.1 Fire Automation System Market Size and Y-o-Y Growth
4.5.2 Fire Automation System 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 Automation System 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 Automation System 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 Automation System Market: Competitive Dashboard
14.2 Global Fire Automation System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hochiki Corporation
14.3.2 Firefly AB
14.3.3 UTC
14.3.4 Gulf Security Technology Co., Ltd
14.3.5 Yachuan
14.3.6 Fike
14.3.7 Sterling Safety Systems
14.3.8 EMS Security
14.3.9 Micropack Engineering Ltd
14.3.10 Chenganshengbang(Beijing) Networktechnology Co.,Ltd.
14.3.11 Suzhou Sidi Information Technology Co.,Ltd.
14.3.12 Beijing Fusaier Fire Safety Equipment Co.,Ltd.
14.3.13 China Entropy
14.3.14 TONGYOU
14.3.15 HuiAn
