Global Fire Alarm Equipment Market Size, Status and Forecast 2021-2027

A fire alarm system has a number of devices working together to detect and warn people through visual and audio appliances when smoke, fire, carbon monoxide or other emergencies are present.
Johnson Controls, United Technologies Corporation, Siemens, Fike Corporation; Gentex Corporation; Halma PLC; Hochiki Corporation; and Honeywell International, Inc. are some of the prominent players operating in the market, most of which are known for providing innovative and advanced solutions. Top 5 manufacturers accounted for about 65.2% market share in 2019. They have been aggressively spending on R&D to innovate and gain a strategic advantage over their rivals. Apart from expansion and strategic partnerships, they also indulge in mergers and acquisitions as part of their strategy to gain market share.

Market Analysis and Insights: Global Fire Alarm Equipment Market
The global Fire Alarm Equipment market size is projected to reach US$ 25350 million by 2027, from US$ 17710 million in 2020, at a CAGR of 5.3% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Fire Alarm Equipment market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Fire Alarm Equipment market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Fire Alarm Equipment market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Fire Alarm Equipment market.

Global Fire Alarm Equipment Scope and Market Size
Fire Alarm Equipment market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Fire Alarm Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Conventional
Addressable Systems

Segment by Application
Commercial
Industrial
Residential
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Johnson Controls
United Technologies Corporation
Siemens
Honeywell
Bosch
Hochiki
Newell Brands Inc.
Nohmi
Minimax
Halma
Nittan
Buckeye Fire
Protec Fire
Fike Corporation
Mircom Technologies
Panasonic
Kentec Electronics
Gentex