The global fire alarm and detection market size was valued at USD 45.77 billion in 2022. It is estimated to reach USD 65.72 billion by 2031, growing at a CAGR of 4.1% during the forecast period (2023–2031). The growing trend toward smart cities emphasizing residential applications for smart infrastructure is anticipated to increase the market demand throughout the forecast period.
When smoke, fire, carbon monoxide, or other fire-related situations are present, a fire alarm system is a collection of devices that detects and notifies people of their presence. Most business buildings must install fire alarm systems to safeguard people and property. Schools, churches, eateries, and business structures are among the examples. These appliances, connected to a Fire Alarm Control Panel (FACP), often located in an electrical room, include smoke detectors, heat detectors, and manual fire alarm activation devices. A fire alarm system's main function is to alert inhabitants and the appropriate authorities. They do this so they can act to defend both themselves and other people. Visual and aural signalization are two ways fire alarm systems can alert individuals to a potential fire, smoke, or carbon monoxide leak. Fire alarm systems also turn off HVAC systems and elevators to stop the spread of smoke.
Fire detectors pick up on one or more fire-related byproducts or phenomena, such as smoke, heat, infrared and UV radiation, gas, or smoke. Smoke detectors are frequently standalone equipment in homes. Normally, a fire alarm system with one or more of the automatic devices listed below will detect fire in non-domestic buildings. Heat sensors, smoke alarms, fire detectors, and gas detectors for fires.
Fire alarm and detection systems are crucial to protect and warn facility occupants about potential fire threats. In addition, fire safety gear protects against the potential harm that fire can do to property and people. The widespread usage of various fire safety solutions in residential and commercial settings has significantly expanded due to the greater understanding of the many advantages of fire alarms and detectors. Due mostly to financial limitations and a general lack of consumer knowledge, adopting fire alarms and detectors in residential and commercial settings in many states was initially low. However, proactive measures taken by several systems manufacturers, integrators, and dealers have contributed to raising awareness. The two types of smoke detectors that are most frequently utilized in residential settings are ionization and photoelectric.
Fires that start after prolonged smoldering fires typically trigger photoelectric smoke detectors to sound an alarm more frequently. Typically, blazing fires are more responsive to ionization smoke alarms. The construction industry has a significant impact on the market for fire alarm and detection systems. Due to the economy's stability, the world's population is expected to expand, and industrialization is still strong; the construction industry in developing nations like China and India is expected to have a significant uptick in the upcoming years. Residential buildings invest more in fire prevention to secure their infrastructure and reduce the danger of fire mishaps. Additionally, the growing trend toward smart cities emphasizing residential applications for smart infrastructure is anticipated to increase the market demand throughout the forecast period.
Large refineries, biotechnology ventures, petrochemical complexes, steel, pharmaceutical, automobile, oil and gas processing, pulp and paper, food beverage, and manufacturing projects will increase demand for fire alarm and detection systems. These sectors use flammable resources such as crude oil, coal, petroleum, and gases. Since these are flammable products, these sectors use high-quality fire detection systems to prevent and control fires. Mist-based extinguishing technology, laser optical/infrared smoke detectors, alarms with embedded voice evacuation announcements, hypoxic air fire suppression systems, and wireless fire alarm systems are expected to grow globally.
Fire safety equipment providers have attracted small, medium, and big enterprises by creating fire safety programs and educating consumers about the many benefits of fire safety equipment, including fire alarm and detection systems. This has helped the market grow consistently. High-cost, technologically advanced electronics systems in commercial and industrial establishments have made fire safety equipment more important.
Fire safety systems are essential for finding and warning individuals in the event of smoke or fire, but any flaw in the system could result in risks and property losses. As a result, routine maintenance is essential to lowering failure risks and extending the lifespan of the equipment. The cost of fire safety product replacement and maintenance services is relatively expensive. However, many operators and owners of commercial facilities, including universities, hospitals, and industrial plants, are reluctant to invest in fire protection systems and equipment due to the high cost of these systems.
Over 40% of all fire protection services are contracted to independent testing organizations. Industry vendors in the metal and nonmetal, defense, medical device, oil and gas, metal and nonmetal, and telecommunication sectors are concentrating on adding a full range of certification, inspection, and testing services for conditional monitoring, non-destructive testing, metrology, and material testing to their service portfolios. In addition to end users' willingness to outsource non-core tasks, numerous new safety standards have boosted the fire safety testing and maintenance industry. For the user to ensure routine equipment maintenance, regulators and producers of fire safety equipment are providing recommendations and regulations. NFPA 25 - 1988 is advised for inspecting, testing, and maintaining fire safety equipment for sprinkler systems, fire pumps, standpipes, and various hose types. The timely servicing of a range of fire safety equipment is required by regulations controlling commercial buildings, which is another factor that is anticipated to restrain market expansion.
The market opportunity also includes installing contemporary fire alarm and detection systems in older structures. There is a growing understanding of the necessity to modernize these systems to comply with current laws and ensure the safety of residents because many older buildings lack suitable fire safety measures. Building automation systems (BAS), the Internet of Things (IoT), and artificial intelligence (AI) are some examples of smart building technologies that are increasingly being connected with fire alarm and detection systems. Because of the centralized control, remote monitoring, and advanced analytics made possible by this integration, fire protection measures are even more effective.
| Study Period | 2019-2031 | CAGR | 4.1% |
| Historical Period | 2019-2021 | Forecast Period | 2023-2031 |
| Base Year | 2022 | Base Year Market Size | USD 45.77 Billion |
| Forecast Year | 2031 | Forecast Year Market Size | USD 65.72 Billion |
| Largest Market | North America | Fastest Growing Market | Asia Pacific |
Based on region, the global fire alarm and detection market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
North America's fire alarm and detection market is estimated to exhibit a CAGR of 4.9% over the forecast period. The major fire safety equipment producers, Gentex Corporation, Honeywell International, Inc., and Johnson Controls, are all in North America. As a result of these businesses' active involvement in raising public awareness of fire safety, the market is anticipated to hold the biggest share in 2020 and maintain its dominance throughout the forecast period. The laws governing fire and smoke detectors and fire alarms differ from state to state. The stricter requirements for installing fire safety equipment in older buildings have greatly influenced the market over the past few years. However, the market has matured and will continue to grow steadily over the anticipated time frame.
Europe is anticipated to grow significantly and is estimated to exhibit a CAGR of 4.5% over the forecast period. Fire laws and regulations have a significant impact on the European region. One of the strictest laws in the world, the UK's fire alarm regulations advise inspections at least every six months for small buildings and once every three months for bigger ones. In Germany, the required installation of smoke alarms has been implemented by about 13 states. According to state construction codes, smoke detectors are recommended to be installed in bedrooms, hallways, pipes, and escape routes.
Additionally, some states are required by German fire regulations to retrofit smoke detectors into existing homes. For instance, Bavaria has mandated retrofitting by December 2017, although other states like Bremen, Lower Saxony, and Saxony-Anhalt have already done so since December 2015. Recent fires like the Grenfell Tower fire in the UK have increased the demand for fire alarm and detection systems, especially in high-rise towers, and have prompted inspections of many more structures.
Asia-Pacific has emerged as one of the fastest-growing regions in the global market. Through expenditures focused on infrastructure development, the region offers growth opportunities for companies selling fire safety equipment. Developing countries like China, Japan, India, and Southeast Asian nations have contributed to the regional market. The biggest center of manufacturing and consumption is in China. Given that the nation is one of the fastest-growing and is focused on developing smart cities, there is a chance for the detection market to expand significantly over the projection year. The building industry's growing popularity in this region encourages market expansion.
In LAMEA, Latin American governments are implementing laws, particularly in countries with booming economies like Colombia. The market is anticipated to grow due to factors including expanding new construction and assets. In addition to seeing expansion in the construction business, the Middle East and African regions accounted for a sizable portion of global petroleum production and exports. For instance, Saudi Arabia has the world's largest economy and petroleum industry, accounting for a fifth of the global GDP. Due to the government-initiated infrastructure projects and the oil and gas sectors, Saudi Arabia is anticipated to occupy a major part of the global fire alarm and detection systems market.
Many projects are being worked on in the petroleum sector in the Middle East. It is crucial to protect offshore oil rigs and fixed platforms from fire. Therefore, this is anticipated to drive the market for fire safety equipment. For instance, Oman and Qatar are oil-dependent countries with significant fire-prevention product consumption. The Middle East and Africa fire alarm and detection market companies offer various cutting-edge systems. However, safety approvals are obtained from third parties. As a result, EN, UL, and FM-approved systems are used in the fire alarm and safety devices offered to the Middle East and Africa markets.
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Based on the product, the global fire alarm and detection market is bifurcated into fire detectors and alarms.
The fire detector segment owns the highest market share and is predicted to exhibit a CAGR of 4% over the forecast period. Building automation systems (BAS), the Internet of Things (IoT), and artificial intelligence (AI) are some examples of smart building technologies that are increasingly being connected with fire alarm and detection systems. Because of the centralized control, remote monitoring, and advanced analytics made possible by this integration, fire protection measures are even more effective. Fire detectors can be used to find leaks like gas that could cause a fire catastrophe. The main element promoting product sales is regulations in various nations that stimulate the adoption of fire detectors, and this trend is anticipated to last through 2030. Contrarily, the category for fire alarms is anticipated to have the highest CAGR throughout the projection period. Fire restrictions will always be essential in driving up product demand.
Based on application, the global fire alarm and detection market is bifurcated into commercial, industrial, and residential.
The commercial segment is the most significant contributor to the market and is estimated to exhibit a CAGR of 4.2% over the forecast period. The necessity to adhere to government regulations and the increasing importance of fire protection systems in commercial buildings promote sector growth. The demand for new fire alarm and detection systems and the number of business centers is increasing. An increased focus on safety and security has resulted from implementing and utilizing fire safety devices in businesses and other commercial settings. In India, many state governments have made good fire safety installation and adequacy necessary, particularly in commercial buildings. The need for fire safety equipment in the commercial sector has increased due to all these issues. Additionally, the expansion of the commercial sector in the Asia-Pacific area is anticipated to be aided by increased economic growth and investments in the construction sector in emerging economies like China and India.
The pandemic had caused a lockdown in almost all the countries across the world backed up by strict government regulations such as social distancing and quarantine. A severe effect of the lockdown was observed on the economy of various countries which further canceled certain construction projects temporarily or permanently.
Further, immediate long-term effects were seen in the supply chain and the deployment of smart solutions required in the smart buildings. However, the ease offered and the multiple benefits of the smart building solutions are anticipated to increase the deployments during the time.
