Wireless Fire Detection Market: Global Growth Expected to Exceed $2.7 Billion by 2032

Wireless Fire Detection Market

Wireless fire detection provides reliable wireless connections to control panels using a fully supervised wireless signal instead of wires.

The installation cost of typical fire alarm systems breaks down into two basic types of charges which include tools costs and labor charges to install that equipment, but wireless detection systems do not require cable to connect between sensing devices and control equipment, the system designer can eliminate the costs associated with cable, channel, back boxes, fasteners and power supplies.  The global wireless fire detection market size is expected to surpass US$ 2,714.0 Million in 2032, up from US$ 1,212.0 Million in 2022. Increasing implementation of stringent fire safety & security norms and rising number of infrastructure projects worldwide are anticipated to boost the demand for wireless smoke detectors in the forthcoming years.

Technological advancements in fire detection devices and wireless networking and improvement of various standards is increasing the growth of the wireless fire detection systems market.

From US$ 1,212.0 Million in 2022, the size of the worldwide wireless fire detection market is anticipated to cross US$ 2,714.0 Million in 2032. According to a survey by FMI, the global wireless fire detection market is anticipated to rise steadily from 2022 to 2032 at a CAGR of 8.4%.

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Wireless Fire Detection Market: Market Dynamics

The rapid adoption of wireless fire detection is driven by the increasing demand for retrofit installations due to the cost effectiveness and the ease involved in installing these systems.

Higher maintenance cost and low reliability of wireless fire detection as compared to other fire alarms can be the restraining factor for the market.

The latest trend in the wireless fire detection is the integration of the detectors and sensor technologies within a single detector, which results in greater efficiency and lowered cost.

Global Wireless Fire Detection Market: Competition Landscape

Few prominent players in Wireless Fire Detection market include Argus Security S.r.l., Honeywell International Inc., Siemens AG, Tyco International PLC, EMS Security Group Ltd, Sterling Safety Systems, Halma Plc, Hochiki Corporation, Zeta Alarm Systems, Electro Detectors Ltd, Ceasefire Industries Pvt. Ltd and Napco Security Technologies, Inc.

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Wireless Fire Detection Market: Regional Outlook

North America is estimated to hold the largest share in wireless fire detection market owing to the higher adoption of advanced sensors and detectors in fire detection followed by Europe and Asia Pacific region.

There will be significant growth of the wireless fire detection systems market in Europe owing to the strict government mandates on the installation of fire detectors or fire alarms in European countries such as UK, France, and Germany. Latin America and MEA are expected to contribute significantly in the forecast period.

Regional analysis of Global Wireless Fire Detection Market includes

  • North America Wireless Fire Detection Market
    • US & Canada
  • Latin America Wireless Fire Detection Market
    • Brazil, Argentina & Others
  • Eastern Europe Wireless Fire Detection Market
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Western Europe Wireless Fire Detection Market
    • Germany
    • Italy
    • France
    • UK
    • Spain
    • Nordic
    • BENELUX
    • Rest of Western Europe
  • Asia Pacific Wireless Fire Detection Market
    • Australia and New Zealand (ANZ)
    • Greater China
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Japan Wireless Fire Detection Market
  • Middle East and Africa Wireless Fire Detection Market
    • GCC Countries
    • Other Middle East
    • North Africa
    • South Africa
    • Other Africa

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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

Global Wireless Fire Detection Market: Market Segmentation

Wireless fire detection market segmented by product type, installation type, technology, system type, verticals, and region.

Segmentation by product type in Wireless Fire Detection market:

  • Fire Detection
  • Fire Suppression
  • Fire Alarms
  • Detection Devices

Segmentation by installation type in Wireless Fire Detection market:

  • New Installation
  • Retrofit Installation

Segmentation by technology in Wireless Fire Detection market:

  • Smoke Detectors
  • Multi Sensor Detectors
  • Heat Detectors
  • Gas Detectors

Segmentation by system type in Wireless Fire Detection market:

  • Fully Wireless Systems
  • Hybrid Systems

Segmentation by verticals in Wireless Fire Detection market:

  • Residential
  • Retail
  • Healthcare
  • Hospitality
  • BFSI
  • Education
  • Government
  • Manufacturing
  • Industrial automation
  • Others

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Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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