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Global Wireless Fire Detection System Market - Trends and Forecast, Future Demand 2020-2023
Wireless Fire Detection System Market Research Report Forecast till 2023


Global Wireless Fire Dete
BriefingWire.com, 7/31/2020 - Market Synopsis

The global wireless fire detection incorporates smoke detectors, call point, fire alarm, supervisory signal, sensors, monitor existing fire alarm panels and other such devices that helps to detect fire and take precaution. The global fire detection system as per a new report by Market Research Future (MRFR) is expected to grow at 7.6% of CAGR between 2017 and 2023 at USD$ 301.21 mn by the year 2023. Wireless fire detection system can be described as the detection of unwanted fire with the help of sensors that are wirelessly connected. It is a fire detection system that works wirelessly and automatically senses and triggers whenever there is a fire. The system can either be hardwired structures as hybrid or fully wireless.

Segmentation

Based on the system type, the market can be segmented into fully wireless systems, hybrid systems and others. While hybrid fire alarm systems ensure easy installation in both retrofitting environment as well as new buildings, fully wireless system is expected to grow over the forecast period as it saves over half the installation cost for the end users.

On the basis of mode type, Global Wireless Fire Detection System Market can be segmented into conventional mode, addressable mode, standalone mode and others.

The market can also be segment into manufacturing, healthcare, education, retail, BFSI, government, industrial and others based on the end-users.

Geographically, the market can be segmented into North America, Europe, Asia-Pacific and LAMEA, where North America is noted to hold the largest market share.

Competition Analysis

Some of the prominent players operating the wireless fire detection system market globally are Robert Bosch GmbH (Germany), Siemens AG (Germany), Honeywell International Inc. (US), Tyco International PLC (Ireland), EMS Security Group Ltd (UK) and more. Bosch has launched a highly efficient wireless fire detection system with easy installation.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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