Fire Alarm System Market - Global Forecast To 2030
The fire alarm systems market is soaring as power-generating units increasingly install advanced smoke and heat detectors in their systems. Such devices are becoming more popular as they provide early fire hazard detection, improving reliability and reducing the risk of severe damage and loss of life. Their main use cases are residential buildings, commercial (office, retail) spaces, and industrial (manufacturing, energy) settings. The growing awareness of fire safety regulations and the rising incidence of fire-related incidents propel market growth.
Recent innovations and investments are pushing the market further. In October 2023, Johnson Controls International rolled out its advanced TrueAlert ES fire alarm system by integrating wireless technology to increase installation flexibility and decrease cost. Similarly, in November 2023, Siemens AG announced a significant investment in developing AI-powered smoke detectors to improve detection accuracy and response time. Such trends reflect the continuous growth and development of the fire alarm systems market.
DRIVING FACTORS AND OPPORTUNITIES
Enhanced Fire Detection and Prevention: Integrating AI and IoT into fire alarm systems enhances real-time monitoring and predictive maintenance. The systems' ability to detect fires and response capacity improves safety and reduces damage in residential and commercial-industrial settings.
Expansion in Emerging Markets: Urbanization and infrastructure development are increasing in emerging markets, which are huge opportunities for the fire alarm systems market. New buildings and facilities will demand advanced fire safety solutions, such as AI
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TABLE OF CONTENTS
1.Introduction
1.1.Study Objectives
1.2.Market Definition and Scope
1.2.1.Inclusions and Exclusions
1.3.Study Scope
1.3.1.Markets Covered
1.3.2.Geographic Segmentation
1.3.3.Years Considered for the study
1.4.Currency
1.5.Limitations
1.6.Stakeholders
2.Research Methodology
2.1.Research Data
2.1.1.Secondary Data
2.1.1.1.Major Secondary Sources
2.1.1.2.Key Data from Secondary Sources
2.1.2.Primary Data
2.1.2.1.Primary Interviews with Experts
2.1.2.2.Key Data from Primary Sources
2.1.2.3.Key Industry Insights
2.1.2.4.Breakdown of Primaries
2.2.Market Size Estimation
2.2.1.Bottom-Up Approach
2.2.1.1.Approach for Capturing Market Share by Bottom-Up Analysis (Demand Side)
2.2.2.Top-Down Approach
2.2.2.1.Approach for Capturing Market Share by Top-Down Analysis (Supply Side)
2.3.Market Breakdown and Data Triangulation
2.4.Research Assumptions
2.5.Risk Assessment
2.6.Limitations of Research
3.Executive Summary
4.Premium Insights
5.Market Overview
5.1.Introduction
5.2.Market Dynamics
5.3.Trends/Disruptions Impacting Customer’s Business
5.4.Pricing Analysis
5.4.1.Average Selling Price Trend of Key Players, by Component
5.4.2.Average Selling Price Trend, By Region
5.5.Value Chain Analysis
5.6.Ecosystem Analysis
5.7.Investment and Funding Scenario
5.8.Technology Analysis
5.8.1.Key Technologies
5.8.2.Complementary Technologies
5.8.3.Adjacent Technologies
5.9.Patent Analysis
5.10.Trade Analysis
5.10.1.Export Scenario
5.10.2.Import Scenario
5.11.Key Conferences and Events (2025-2026)
5.12.Case Study Analysis
5.13.Tariff and Regulatory Landscape
5.13.1.Tariff Data
5.13.2.Regulatory Bodies, Government Agencies, and Other Organizations
5.13.3.Key Regulations
5.14.Porters Five Force Analysis
5.14.1.Threat from New Entrants
5.14.2.Threat of Substitutes
5.14.3.Bargaining Power of Suppliers
5.14.4.Bargaining Power of Buyers
5.14.5.Intensity of Competitive Rivalry
5.15.Key Stakeholders and Buying Criteria
5.15.1.Key Stakeholders in Buying Process
5.15.2.Buying Criteria
5.16.Impact of GenAI on the Fire Alarm System market
6.Fire Alarm System Market, by Component
6.1.Introduction
6.2.Control Panels
6.3.Fire Detectors
6.3.1.Flame Detectors
6.3.1.1.Single IR
6.3.1.2.Single UV
6.3.1.3.Dual UV/IR
6.3.1.4.Triple IR
6.3.1.5.Multi IR
6.3.2.Smoke Detectors
6.3.2.1.Photoelectric
6.3.2.2.Ionization
6.3.2.3.Dual-sensor
6.3.2.4.Beam
6.3.2.5.Others
6.3.3.Heat Detectors
6.4.Alarm Devices
6.5.Manual Call Points
7.Fire Alarm System Market, by Technology
7.1.Introduction
7.2.Wired
7.3.Wireless
8.Fire Alarm System Market, by Service
8.1.Introduction
8.2.Engineering
8.3.Desing & Installation
8.4.Maintenance
8.5.Managed
9.Fire Alarm System Market, By System Type
9.1.Introduction
9.2.Conventional Systems
9.3.Addressable Systems
10.Fire Alarm System Market, By End-user
10.1.Introduction
10.2.Residential
10.3.Commercial
10.3.1.Retail
10.3.2.Institutional
10.3.3.Healthcare
10.3.4.Hospitality
10.3.5.BFSI
10.4.Industrial
10.4.1.Manufacturing
10.4.2.Oil & Gas
10.4.3.Energy & Power
10.5.Government
10.6.Transportation & Logistics
11.Fire Alarm System Market, By Region
11.1.Introduction
11.2.North America
11.2.1.Macro-Economic Outlook
11.2.2.US
11.2.3.Canada
11.2.4.Mexico
11.3.Europe
11.3.1.Macro-Economic Outlook
11.3.2.UK
11.3.3.Germany
11.3.4.France
11.3.5.Italy
11.3.6.Rest of Europe
11.4.Asia Pacific
11.4.1.Macro-Economic Outlook
11.4.2.China
11.4.3.Japan
11.4.4.South Korea
11.4.5.India
11.4.6.Rest of Asia Pacific
11.5.RoW
11.5.1.Macro-Economic Outlook
11.5.2.Middle East
11.5.2.1.GCC Countries
11.5.2.2.Rest of Middle East
11.5.3.Africa
11.5.4.South America
12.Fire Alarm System Market, Competitive Landscape
12.1.Introduction
12.2.Key Player Strategies/Right-to-Win
12.3.Revenue Analysis of Top 5 Players
12.4.Market Share Analysis
12.5.Company Valuation and Financial Metrics
12.6.Brand/Product Comparison
12.7.Company Evaluation Matrix: Key Players, 2024
12.7.1.Stars
12.7.2.Emerging Leaders
12.7.3.Pervasive Players
12.7.4.Participants
12.7.5.Company Footprint: Key Players, 2024
12.7.5.1.Company Footprint
12.7.5.2.Region Footprint
12.7.5.3.End-user Footprint
12.7.5.4.Component Footprint
12.7.5.5.Technology Footprint
12.7.5.6.System Type Footprint
12.7.5.7.Service Footprint
12.8.Company Evaluation Matrix: Startups/SMEs, 2024
12.8.1.Progressive Companies
12.8.2.Responsive Companies
12.8.3.Dynamic Companies
12.8.4.Starting Blocks
12.8.5.Competitive Benchmarking: Startups/SMEs, 2024
12.8.5.1.Detailed List of Key Startups/SMEs
12.8.5.2.Competitive Benchmarking of Key Startups/SMEs
12.9.Competitive Scenario and Trends
12.9.1.Product Launches
12.9.2.Acquisitions
12.9.3.Partnerships, Collaborations, Alliances, and Joint Ventures
13.Fire Alarm System Market, Company Profiles
13.1.Key Players
13.1.1.Carrier
13.1.2.Eaton Corporation
13.1.3.Gentex Corporation
13.1.4.Halma plc
13.1.5.Hochiki Corporation
13.1.6.Honeywell International
13.1.7.Johnson Controls International
13.1.8.Mircom Group of Companies
13.1.9.Napco Security Technologies, Inc.
13.1.10.Nohmi Bosai
13.1.11.Robert Bosch
13.1.12.Siemens
13.1.13.Teledyne Corporation
13.2.Other Players
14.Appendix
14.1.Discussion Guide
14.2.Knowledge Store: MarketsandMarkets’ Subscription Portal
14.3.Available Customizations
14.4.Related Reports
14.5.Author Details
Note 1: The above list of companies is tentative and might change during the due course of research.
Note 2: The current table of contents is tentative and is subject to change as we progress with our research.
Growth opportunities and latent adjacency in Fire Alarm System Market