PUBLISHER: Grand View Research | PRODUCT CODE: 1404568
PUBLISHER: Grand View Research | PRODUCT CODE: 1404568
U.S. Fire Alarm And Detection Market Size, Share & Trends Analysis Report By Product (Fire Detectors, Smoke & Heat Detectors, Fire Alarms, Audible & Visible Alarms), By Application (Commercial, Industrial), And Segment Forecasts, 2023 - 2030
U.S. Fire Alarm And Detection Market Growth & Trends:
The U.S. fire alarm and detection market size is expected to reach USD 14.13 billion by 2030, growing at a CAGR of 4.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. One significant trend is the increasing adoption of smart and connected technologies, which has generated a demand for suppliers offering integrated solutions. These suppliers specialize in advanced alarm systems and detection devices that seamlessly integrate with existing smart home or commercial automation systems. They also focus on eco-friendly and energy-efficient products, resulting in a rise in suppliers offering sustainable alarm and detection solutions.
Another major factor fueling the demand for fire alarms and detectors is the growing awareness of fire hazards and their potentially devastating consequences. Various fire-related incidents, both in residential and commercial settings, have received significant media attention, raising public consciousness about the importance of fire safety. As a result, homeowners are increasingly recognizing the need for proactive fire prevention measures, leading to a higher demand for fire alarms and detectors. The manufacturers are taking fire safety and security measures to ensure that effective fire safety solutions are in place to safeguard life and property from potential fire hazards.
Factors such as the safety of assets and the elimination of false alerts are also leading to an increased focus on security and property protection in industrial plants and manufacturing facilities. Automated fire protection systems, which can offer quick fire detection and pre-programmed responding for minimizing fire damage, have been witnessing increased demand in the industrial and manufacturing sectors. Increasing expenditure on fire protection measures from the enterprise segment is also anticipated to drive the overall market. For instance, a steel manufacturing plant requires the installation of fire alarm and detection systems in the production process and sensible technologies areas such as control rooms, EDP units, and control cabinets.
As technology continues to advance, new and innovative fire safety products are being developed that are more efficient, reliable, and cost-effective. Advancements in technology enhance the capabilities and effectiveness of fire alarm and detection systems in the U.S. Modern systems employ sophisticated sensors, including smoke, heat, flame, and carbon monoxide detectors, to provide comprehensive fire detection coverage.
Technological advancements have facilitated the integration of fire alarm systems with other Building Management Systems (BMS), allowing for centralized monitoring and control. For instance, in March 2023, Rotarex announced the launch of TRIPLESTAR system for residential kitchens. Regardless of short-term leases, student apartments, or safeguarding older people in nursing homes, the system could provide property owners, parents, and guests with comfort. The RotarexFiretec TRIPLESTAR residential kitchen system is autonomous, requires no power source, and extinguishes fires within seconds.
U.S. Fire Alarm And Detection Market Report Highlights:
- Based on product, the fire alarms segment is expected to register the highest CAGR over the forecast period. Smart fire alarm systems are gaining prominence due to their ability to integrate with other smart devices and provide enhanced monitoring and control capabilities
- The fire detectors segment is anticipated to register a considerable growth rate over the forecast period. The segment is primarily driven by regulations and standards set by government agencies and organizations and technological advancements
- Based on application, the residential segment is expected to register the highest CAGR over the forecast period. Homeowners are becoming aware of the devastating impact that fires can have on their homes and their families, and as a result, they are taking proactive steps to protect themselves and their loved ones
- The market is highly fragmented, featuring many players who are entering into strategic collaborations, M&As, new product launches and upgrades, and partnerships to expand their footprint and survive the competitive environment. In March 2023, Honeywell International, Inc. launched self-testing smoke detectors with UL approval. It can be tested autonomously and has revolutionized fire detection, testing, and maintenance
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Information Procurement
- 1.2.1. Purchased database.
- 1.2.2. GVR's internal database
- 1.2.3. Secondary sources & third - party perspectives
- 1.2.4. Primary research
- 1.3. Information Analysis
- 1.3.1. Data Analysis Models
- 1.4. Market Formulation & Data Visualization
- 1.5. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. U.S. Fire Alarm and Detection Market Snapshot, 2022 & 2030
- 2.2. Product Segment Snapshot, 2022 & 2030
- 2.3. Application Segment Snapshot, 2022 & 2030
- 2.4. Competitive Landscape Snapshot, 2022 & 2030
Chapter 3. U.S. Fire Alarm and Detection Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. U.S. Fire Alarm and Detection Market - Value Chain Analysis
- 3.3. U.S. Fire Alarm and Detection Market: Technology Overview
- 3.4. U.S. Fire Alarm and Detection Market: Regulatory Framework
- 3.5. U.S. Fire Alarm and Detection Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Opportunity Analysis
- 3.6. Industry Analysis Tools
- 3.6.1. U.S. Fire Alarm and Detection Market - Porter's Analysis
- 3.6.2. U.S. Fire Alarm and Detection Market - PESTEL Analysis
Chapter 4. U.S. Fire Alarm and Detection Market Product Outlook
- 4.1. U.S. Fire Alarm and Detection Market Share by Product, 2022 & 2030 (USD Million)
- 4.2. Fire Detectors
- 4.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.2.2. Flame Detectors
- 4.2.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.2.3. Smoke Detectors
- 4.2.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.2.4. Heat Detectors
- 4.2.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.3. Fire Alarms
- 4.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.3.2. Audible Alarms
- 4.3.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.3.3. Visual Alarms
- 4.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 4.3.4. Manual Call-points Alarms
- 4.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 5. U.S. Fire Alarm and Detection Market Application Outlook
- 5.1. U.S. Fire Alarm and Detection Market Share by Application, 2022 & 2030 (USD Million)
- 5.2. Commercial
- 5.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.3. Industrial
- 5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
- 5.4. Residential
- 5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
Chapter 6. Competitive Landscape
- 6.1. Company Categorization
- 6.2. Company Market Ranking/Share Analysis, 2022
- 6.3. Company Heat Map Analysis
- 6.4. Strategy Mapping
- 6.5. Company Profiles (Overview, Financial Performance, Product Overview, Strategic Initiatives)
- 6.5.1. Carrier (Kidde)
- 6.5.2. Fike Corporation
- 6.5.3. Gentex Corporation
- 6.5.4. Hochiki America Corporation
- 6.5.5. Honeywell International, Inc.
- 6.5.6. Johnson Controls International PLC
- 6.5.7. Napco Security Technologies, Inc.
- 6.5.8. Rotarex
- 6.5.9. Siemens AG
- 6.5.10. The Bosch Group
List of Tables
- Table 1 U.S. fire alarm and detection market - Industry snapshot & key buying criteria, 2018 - 2030
- Table 2 U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 3 U.S. fire alarm and detection market, by product, 2018 - 2030 (USD Million)
- Table 4 U.S. fire alarm and detection market, by application, 2018 - 2030 (USD Million)
- Table 5 Vendor landscape
- Table 6 Fire detectors U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 7 Fire detectors U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 8 Flame detectors U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 9 Flame detectors U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 10 Smoke detectors U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 11 Smoke detectors U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 12 Heat detectors U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 13 Heat detectors U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 14 Alarms type U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 15 Alarms type U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 16 Audible alarms U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 17 Audible alarms U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 18 Visual alarms U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 19 Visual alarms U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 20 Manual call-points alarms U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 21 Manual call-points alarms U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 22 Commercial U.S. fire alarm and detection services market, 2018 - 2030 (USD Million)
- Table 23 Commercial U.S. fire alarm and detection services market, by region, 2018 - 2030 (USD Million)
- Table 24 Industrial U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 25 Industrial U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
- Table 26 Residential U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Table 27 Residential U.S. fire alarm and detection market, by region, 2018 - 2030 (USD Million)
List of Figures
- Fig. 1 Market segmentation and scope
- Fig. 2 U.S. fire alarm and detection market, 2018 - 2030 (USD Million)
- Fig. 3 U.S. fire alarm and detection market - Value chain analysis
- Fig. 4 U.S. fire alarm and detection market - Market dynamics
- Fig. 5 U.S. fire alarm and detection market - Key market driver impact
- Fig. 6 U.S. fire alarm and detection market - Key market restraint impact
- Fig. 7 U.S. fire alarm and detection market - Key opportunities prioritized.
- Fig. 8 U.S. fire alarm and detection market - Porter's five forces analysis
- Fig. 9 U.S. fire alarm and detection market - PESTEL analysis
- Fig. 10 U.S. fire alarm and detection market, by product, 2022
- Fig. 11 U.S. fire alarm and detection market, by application, 2022
