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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]), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2022 - 2028

  • Report ID: GMI2493
  • Base Year: 2021
  • Report Format: PDF

Industry Trends

Wireless Fire Detection Systems Market size surpassed USD 1 billion in 2021 and is anticipated to grow at a CAGR of over 8% from 2022 to 2028. Increasing infrastructure projects across the globe coupled with the tightening of fire safety & security norms are expected to drive the market growth during the forecast timeframe.
 

Wireless Fire Detection Systems Market Overview

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The increasing demand for wireless fire detection systems can be attributed to the presence of regulations, standards, and stringent certification demands. For instance, the EN54 Part 25 is a European product standard designed for wireless fire detectors. The regulation specifies that a wireless system must be tested by a third-party test house for sale in Europe. The standard aims at improving the reliability of the wireless offering and ensures that the fire detection system’s performance is at par with the wired system.
 

The rising adoption of automation technologies coupled with several government initiatives to support innovation in the manufacturing sector will foster the market expansion. The Government of India launched its ‘Make in India’ program to promote the development of the manufacturing industry in the country. Global electronic component manufacturers, such as Samsung Electronics, NXP Semiconductors, and Honeywell International, Inc., are expanding their manufacturing capabilities in India, providing lucrative opportunities for industry growth.
 

Growth in the industry is challenged by the lack of technology and acceptance of wireless fire detection systems among end-users. Furthermore, high maintenance costs associated with the constant monitoring of wireless systems and low-reliability perceptions may impact market representation. However, the availability of hybrid systems integrated with both wired & wireless components alleviates the reliability of the overall systems. Hybrid systems are also available for a broad range of end-users.
 

The wireless fire detection systems market registered a decline in market size in 2020 due to the global recession. The rapid spread of coronavirus across the globe adversely impacted the economic indicators including GDP and consumer disposable income. Capital crunch and financial insecurities have encouraged consumers to postpone the purchase of high-end electronics including wireless fire detection systems, challenging industry expansion. However, with a gradual reduction in the pandemic impacts, sales of advanced fire detection systems in commercial and residential applications will enhance the industry demand during the forecast period.
 

High demand for intelligent sensors in the market

The sensors segment dominated more than 50% of the market share in 2020. Wireless fire detection sensors will observe a positive market outlook due to their high importance and crucial function in wireless fire detection systems. The segment poses immense growth opportunities for market players owing to the stringent nature of fire safety regulations & mandates requiring periodic monitoring and replacement of outdated sensors. The growing market trend of integration of IoT with building automation and fire detection systems has encouraged the acceptance of intelligent IoT-enabled sensors in the market.
 

Rapid technological advancements in multi-sensor detectors

The wireless fire detection systems market for multi-sensor detector segment valued at USD 150 million in 2020. The demand for multi-sensor detectors is poised to grow at a rapid pace favored by the introduction of technologically advanced product offerings in this segment. The rapid development of multi-sensor detection technology along with the proliferation of IoT devices to offer revenue growth opportunities for industry leaders.
 

Multiple configuration capabilities of wireless fire detection systems are propelling adoption

Fully wireless systems are projected to witness 8% growth rate by 2028. Maximum coverage across the entire building can be achieved in wireless systems through the use of multiple frequencies, multi-path techniques, and use of diversity reception. Issues including radio signal interference can be minimized by automatic change of frequencies as required, thereby reducing the risk of system failures and improving the overall reliability.
 

Minimum changes to the existing wiring and low installation time to spur the usage of retrofit wireless fire detection systems

Wireless Fire Detection Systems Market Size

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Retrofit installations in the wireless fire detection systems market is estimated to attain a CAGR of 9% till 2028 owing to several upgrades to the existing fire detection systems driven by regulatory mandates. The benefits offered by wireless fire detection systems include improvement in false alarm mitigation and easy installation of retrofit applications, which are poised to stimulate the segment growth.
 

Rising demand for safety in residential areas will augment the market statistics of residential application

The residential application accounted for 20% of revenue share in 2021. Residential application of wireless fire detection system technologies is gaining high popularity in countries that are undergoing infrastructure development initiatives. The implementation of connected devices and construction of buildings with light & flexible materials have eliminated physical & complex wiring in several systems. These factors along with the enhanced efficiency of wireless fire detection systems are providing an impetus to consumers for deploying these systems.
 

Shifting consumer focus toward smart homes is accelerating wireless fire detection system sales in North America region

North America Wireless Fire Detection Systems Market

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North America wireless fire detection systems market crossed USD 650 million in 2019. The acceptance of wireless fire detection systems across residential applications in the U.S. is expected to boost solution demand over the forecast period. The growing trend of smart homes to lower the cost of residential wireless fire detection systems during the forecast timeline. An increasing number of fire accidents in the U.S. will influence the adoption of fire detection systems, thereby contributing to the industry value.
 

High focus of industry players on introducing advanced fire detection systems

Key companies operating in the market are HOCHIKI Corporation, EMS Wireless Fire and Security Ltd., Siemens AG, EuroFyre Ltd., Electro Detectors Ltd., Sterling Safety Systems, Johnson Controls, Halma PLC, Detectomat GmbH, Honeywell International, Inc., and Robert Bosch GmbH. Industry participants are adopting several market strategies, such as partnerships & acquisitions and investing in R&D & innovation, to develop advanced solutions and enhance their global presence.
 

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 2022 to 2028 for the following segments:

Market, By Component

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

Market, By Product

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

Market, By Model

  • Fully Wireless
  • Hybrid

Market, By Installation Type

  • New Installation
  • Retrofit

Market, 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
    • Italy
    • Russia
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Singapore
    • Thailand
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa

 

Authors: Preeti Wadhwani, Prasenjit Saha

Frequently Asked Questions (FAQ) :

Market size of wireless fire detection systems surpassed USD 1 billion in 2021 and will exhibit a CAGR of over 8% through 2028 with the establishment of stringent fire safety & security norms.

Multi-sensor detector segment was valued at USD 150 million in 2020 owing to the rapid technological advancements coupled with the proliferation of IoT devices.

North America market exceeded USD 650 million in 2019 owing to the emerging trend of smart homes and growing consumer awareness regarding fire detection systems in the region.

Retrofit installations segment will record CAGR of over 9% through 2028 owing to the ease of installation and ongoing upgrades to the existing fire detection systems.

The major companies active in the market include HOCHIKI Corporation, EMS Wireless Fire and Security Ltd., Siemens AG, EuroFyre Ltd., Electro Detectors Ltd., Sterling Safety Systems, Johnson Controls, Halma PLC, Detectomat GmbH, Honeywell International, Inc., and Robert Bosch GmbH.

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Premium Report Details

  • Published Date: Jan 2022
  • Companies covered: 12
  • Tables & Figures: 668
  • Countries covered: 20
  • Pages: 330

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