Wireless fire detection system market set to double by 2032


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In the latest report released by DataHorizzon Research, the market for wireless fire detection systems is anticipated to undergo substantial growth over the next decade.

The market, which stood at USD 1.7 billion in 2022, is projected to achieve a valuation of USD 3.7 billion by 2032, marking a CAGR of 8.5%. Read more

Wireless fire detection: The rising trend

Worldwide, an increase in fire incidents has amplified the demand for wireless fire detection systems.

These systems utilise wireless technologies such as WIFI and Bluetooth to convey signals to the fire control panel.

Their growing popularity can be attributed to the portability, ease of installation, and flexibility they offer.

When considering modern construction techniques, such as SMART construction, the significance of wireless fire detection systems in ensuring stringent site safety cannot be overstated.

Features and market segmentation

Apart from their portability, wireless fire detection systems can be seamlessly retrofitted.

These devices are strategically placed within a building, connecting to the main system via technologies like Wi-Fi. As an added advantage, these systems are easily movable when needed.

The global market is segmented based on product, installation type, system type, end-user, and region.

Detectors within this segment often come with advanced features, including one-go-all-go, freeze and heat detection, and carbon monoxide monitoring.

Market growth and industry players

The global wireless fire detection system market growth is anticipated at a CAGR of 8.5% by 2032.

With the increasing inclination towards SMART building methods, there’s a mounting reliance on these systems, which emphasise strong safety features.

Interestingly, the sensors and detectors segment held a noteworthy market share in 2022.

In terms of installation types, new installations are predicted to see a high growth rate in the coming years.

IFSJ Comment

The continual advancement and rapid adoption of wireless fire detection systems showcase the evolving needs and priorities of modern infrastructure.

Given the global increase in fire incidents, it’s imperative to employ efficient and innovative methods for early detection and prevention.

The projected growth of this market, as highlighted by DataHorizzon Research, underscores the industry’s commitment to enhancing safety standards.

Moreover, the easy adaptability and multifaceted benefits of these systems accentuate their critical role in both residential and commercial spaces.

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