The Wireless Fire Detection Systems Global Market Report 2023, provides comprehensive information on the wireless fire detection systems market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Wireless Fire Detection Systems Market’s Growth:
The global wireless fire detection systems market size is expected to grow from $1.88 billion in 2022 to $2.03 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global wireless fire detection systems market size is expected to grow to $2.72 billion in 2027 at a CAGR of 7.6%.
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Technological advancements are a key trend gaining popularity in the wireless fire detection systems market. Major companies operating in the wireless fire detection systems market are focused on developing new technologies to strengthen their position in the market. For instance, in January 2022, Kentec Electronics, a UK-based renowned manufacturer of life-critical control systems launched K-Mesh, which can be used with Kentec’s addressable fire alarm panels. It is a self-healing and configuring Mesh technology-based next-generation wireless detection system that offers the highest levels of reliability. With the use of wireless sound, light, and voice command features, K-SmartGuide Mesh’s new UNIQUE technology promotes safe and strategic building evacuation while offering the highest level of clarity in evacuation directions.
The wireless fire detection systems market is segmented:
1) By Product: Smoke Detector, Heat Detector, Gas Detector, Multi Sensor Detector
2) By Model: Fully wireless, Hybrid
3) By Installation Type: New installation, Retrofit
4) By Application: Indoor, Outdoor
5) By Vertical: Residential, Commercial, Government, Manufacturing
North America was the largest region in the wireless fire detection systems market in 2022.
The table of contents in TBRC’s wireless fire detection systems market report includes:
- Executive Summary
- Wireless Fire Detection Systems Market Characteristics
- Wireless Fire Detection Systems Market Trends And Strategies
- Wireless Fire Detection Systems Market – Macro Economic Scenario
- Wireless Fire Detection Systems Market Size And Growth
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- Africa Wireless Fire Detection Systems Market
- Wireless Fire Detection Systems Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Wireless Fire Detection Systems Market
- Wireless Fire Detection Systems Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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