Wireless Fire Detection Systems Market Size By Component (Sensor, Call Point, Fire Alarm Panel, Input/Output Module), By Product (Smoke Detector [Photoelectric, Ionization, Dual Sensor], Heat Detector, Gas Detector, Multi-Sensor Detector), By Model (Fully Wireless, Hybrid), By Installation Type (New Installation, Retrofit), By Application (Residential, Industrial, Commercial [BFSI, Education, Government, Healthcare, Hospitality, Retail]), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 - 2024

Published Date: Apr 2018  |  Report ID: GMI2493  |  Authors: Preeti Wadhwani, Prasenjit Saha

Report Format: PDF   |   Pages: 360   |   Base Year: 2017




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Wireless Fire Detection Systems Market size surpassed USD 300 million in 2017 and is poised to grow at over 9% CAGR between 2018 and 2024. The global industry shipments are expected to reach 4 million units by 2024.
 

Advancements in networking infrastructure and ubiquity of internet penetration across the globe will drive the market growth. Moreover, the improvement in standards and codes for fire safety has positively impacted the penetration of wireless fire detection systems.
 

Wireless Fire Detection System Market

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The growing demand for safety and security, given the steep rise in new construction activities has led to advancements in fire detection technology driving the market growth. These systems offer ease-of-installation, prevent the use of asbestos, and enhance aesthetics by eliminating the need for drilling holes and cabling requirements. The ongoing trend toward integration of multiple devices, Big Data, IoT, and convergence of integrated solutions are expected to drive the wireless fire detection systems market revenue.
 

Wireless Fire Detection Systems Market Report Coverage
Report Coverage Details
Base Year: 2017 Market Size in 2017: 300 Million (USD)
Historical Data for: 2013 to 2017 Forecast Period: 2018 to 2024
Forecast Period 2018 to 2024 CAGR: 9% 2024 Value Projection: 500 Million (USD)
Pages: 360 Tables, Charts & Figures: 697
Geographies covered (20): U.S., Canada, UK, Germany, France, Spain, Italy, Russia, China, India, Japan, Thailand, Singapore, Australia, Brazil, Mexico, Argentina, Saudi Arabia, UAE, South Africa
Segments covered: Component, Product, Model, Installation Type, Application and Region
Companies covered (18): Apollo Fire Detectors Fire Limited, Argus Security, Ceasefire Industries Pvt. Ltd, CWSI Systems, Detectomat GmbH, Electro Detectors Ltd, EMS Wireless Fire & Security Ltd, Eurofyre Ltd, Halma PLC, Hochiki Corporation, Honeywell International Inc. (Esser), Johnson Controls (Tyco), Napco Security Technologies, Inc., Robert Bosch GmbH, Siemens AG, Sterling Safety Systems, United Technologies, Zeta Alarm Systems
Growth Drivers:
  • Rising demand across residential applications in the U.S.
  • Stringent government regulations & standards in Western Europe
  • Economic expansion in Southeast Asia
  • Propagation of integrated IoT solutions in Brazil
  • Rise in commercial construction across the Middle East
Pitfalls & Challenges:
  • High cost of devices
  • Low reliability perception

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Market by Component

The sensor component segment holds the largest market share of over 50% in 2017 owing to its use for transmitting and interacting with fire alarm panels wirelessly. Some of the other common features of wireless sensors comprise sensitivity in the small micron range for smoke detection, long battery life, tamper-proof design, LED indicators, audible maintenance warning, and self-diagnostic capabilities.
 

Fire alarm panels are predicted to observe more than 9% growth till 2024. These panels collect information from sensors and identify event and alarm the same. The events are automatically reported to the central monitoring station and private telephones via SMS.
 

Market by Product

The demand for multi-sensor detectors is expected to grow considerably in the market in the coming years as it can be used to detect both smoke and heat. Furthermore, price erosion will serve as a major trend for the growth of multi-sensor detector segment.
 

Market by System Type

Hybrid wireless fire detection systems will gain significantly during the forecast period offer ease-of-installation in both new buildings and retrofitting environments. The system helps to reduce the labor costs associated with system installation.
 

Fully wireless fire detection systems market is expected to witness a surge in demand through 2024 owing to its benefit of eliminating the need for cabling and wiring different devices, saving over 50% of the initial installation cost for end users.
 

Market by Installation Type

Wireless fire detection systems offer improved notification and communication in cases of emergencies with rapid information relay to emergency response teams and local fire department. In addition, the improvements in the existing government regulations and mandates regarding fire protection systems will fuel the industry demand for fully wireless solutions.
 

The growth of the wireless fire detection systems can be further attributed to increasing installations of such systems in retrofit applications due to reduction in the time required for system installation, the cost-effectiveness of the solution, and the ease involved in installing these systems.
 

Retrofit deployments are mainly driven by changes in existing codes and laws that may have been pointed out during an inspection, remodeling of building to the latest fire safety systems, and need to upgrade as per the norms of insurance carriers.
 

Market by Application

The residential application is the fastest growing segment in the market influenced by rising trends of smart homes and connected devices across the globe. In residential applications, such as multi-occupancy homes or social housings applications, logistics and timing play a vital role in the installation of the wireless fire detection technology.
 

In commercial applications, the demerits of time required in the installation of wired systems, such as a disruption in staff productivity downtime, have alleviated the demand for alternative market that are less intrusive and quicker to install, which is expected to boost the market size.
 

The industrial sector dominates the global industry share and is anticipated to continue its dominance through 2024 impelled by rise in retrofitting of industries on account of latest safety and security standards to meet the best manufacturing practices requirements.
 

Market by Region

U.S. dominates the global wireless fire detection systems market revenue share owing to high degree of technology adoption and stringent government regulations regarding fire safety and security practices. The presence of large number of regional market players will further boost the industry growth.
 

Western Europe market is set to witness a sharp growth of over 12% from 2018 to 2024 propelled by favorable infrastructure remodeling trends and stringent conformation to standards, driving the demand for technologically advanced fire security solutions.
 

European countries have exhibited an increased adoption of the technology due to presence of specialist wireless system manufacturers and favorable government mandates regarding installation of smoke detectors in homes in countries including the UK, Germany, and France.  
 

Competitive Market Share

Key companies operating in the market include Electro Detectors Ltd., Siemens AG, EMS Wireless Fire and Security Ltd., EuroFyre Ltd., Sterling Safety Systems, Honeywell International, Inc., Halma PLC, Tyco International PLC, HOCHIKI Corporation, (UK), Robert Bosch GmbH, and Detectomat GmbH.
 

Industry players have adopted various strategies, such as technological innovations, to enhance system reliability, investment in Research & Development (R&D), price differentiation, and acquisitions of specialist radio fire alarm system providers to gain a competitive advantage. Additionally, the declining price of sub-components has helped players in securing a competitive edge by providing wireless fire detection systems at competitive prices.
 

The wireless fire detection systems market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2013 to 2024, for the following segments:
 

By Component

  • Sensor
  • Call Point
  • Fire Alarm Panel
  • Input / Output Module
  • Others

By Product

  • Smoke Detector                 
    • Photoelectric
    • Ionization
    • Dual Sensor
    • Others
  • Heat Detector
  • Gas Detector
  • Multi-sensor Detector

By Model

  • Fully wireless
  • Hybrid

By Installation Type

  • New installation
  • Retrofit

By Application

  • Residential
  • Industrial
  • Commercial
    • BFSI
    • Education
    • Government
    • Healthcare
    • Hospitality
    • Retail
    • Others

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • Thailand
    • Singapore
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa
       

Frequently Asked Questions (FAQ) :

According to the analysts at GMI, the global industry shipments are expected to reach 4 million units by 2024.
Western Europe market is set to witness a sharp growth of over 12% from 2018 to 2024 propelled by favorable infrastructure remodeling trends and presence of specialist wireless system manufacturers in the region.
Key companies operating in the market include Electro Detectors Ltd., Siemens AG, EMS Wireless Fire and Security Ltd., EuroFyre Ltd., Sterling Safety Systems, Honeywell International, Inc., Halma PLC, Tyco International PLC, HOCHIKI Corporation, (UK), Robert Bosch GmbH, and Detectomat GmbH.
Increasing internet penetration, advances in networking infrastructure, and improvement in fire safety standards are driving the adoption of wireless fire detection solutions.
Fire alarm panels are predicted to observe more than 9% growth till during the forecast period, says this research report by Global Market Insights, Inc.

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Premium Report Details

  • Published Date: Apr 2018
  • Pages: 360
  • Tables: 665
  • Charts / Figures: 32
  • Companies covered: 18
  • Countries covered: 20

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