The
market for fire alarm equipments is a mature market on global level,
considering the enhanced frequency of accidents and security issues.
The fire alarm equipment market has been witnessing a lot of new
innovations, for both product and technology. Although the global
market for fire alarm equipment market is at a mature stage, the
associated products and technologies are still in their growth phase
and contribute largely towards the market growth. Moreover, the
global market for fire alarm equipments continuously grows with the
demand in the construction industry and the mandatory health safety
guidelines. Among different fire equipments present on a global
level, the photoelectric detectors are expected to dominate the fire
alarm equipment market by gaining additional market space than
others, such as ionization smoke detectors.
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One
of the major drivers in the global fire alarm equipment market is the
stringent governmental regulation for the safety of labors working in
the industries. Also, a few of the jurisdictional requirements by
different countries, such as Building Code of Australia and National
Fire Protection Association, USA; have mandated the installation of
fire detection devices. Furthermore, the National Fire Protection
Association has also mandated the use of fire and smoke detecting
devices in specific facilities. This has created the need to install
fire alarm equipments, thereby, increasing the market demand for fire
detectors. Among the market drivers in the global fire alarm
equipment market, advanced technologies such as HMI (Human Machine
Interface) solutions, wireless sensory networks, nanotechnology and
smart building .hold the majority share These technologies are
establishing their presence in fire protection equipments market.
The
sensors increase the efficiency of systems, as they have effective
networking capabilities, therefore, a group of sensors and detectors
can communicate easily by control units. Also, distant users can
access these sensors through local networks. One of the challenges
for the global fire alarm equipment market includes the integration
of the user interfaces, when several solutions are used in control
mechanism. The deployment of several fire detectors overburdens the
user with different interfaces. Many vendors provide framework that
integrate wide products under one interface. Such interface operates
with automatic solutions and protects the infrastructure, by
detecting, verifying and resolving events like fire hazards.
The
market segmentation by the target group broadly includes: private
buildings, industrial buildings, public buildings and commercial
installations. On the basis of applications, the global market for
fire alarm equipment is segmented as:
Academia and institutional
Government
Healthcare
Manufacturing
Oil and gas
Transportation
Power Stations
Retails
Warehouses
Drilling platforms
Petrochemical industries
Others
On
the basis of industry products, the global market for fire alarm
equipments is segmented as:
Fire
alarms Panels
Conventional
fire alarm panels
Addressable
control panels
Voice
evacuation systems
Fire
alarm devices
Annunciators
Notification
devices
Manual
pull stations
Some
of the market players of the global fire alarm equipments market
include Hochiki Corporation, Cooper Wheelock, Honeywell International
Inc., Napco Security technologies, Gentex Corporation, Fenwal
Controls of Japan Ltd., Bosch Security Systems inc., Nittan Company
Ltd., Panasonic Eco-Solutions, Siemens Building Technologies group,
United Technologies Corporation, VT MAK, ADT Security Services Plc.,
Tyco Fire & Security Inc., Johnson Controls and London Security.
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