Sales of Fire Alarm Systems to Surpass US$ 33 Bn by 2029; Addressable Systems to Remain Top Selling, Forecasts a New Future Market Insights Report
Asia Pacific excluding Japan (APEJ) is developing a lucrative market for manufacturers of fire alarm systems. Market attractiveness of APEJ is attributed to new safety standards and regulations in China and India.
LONDON, ENGLAND / ACCESSWIRE / February 10, 2020 / The global fire alarm systems market is poised for revenues of over US$ 33 Bn by 2029, with major demand contributed by the construction sector. The market is projected to grow at a promising CAGR between 2019 and 2029, according to a new Future Market Insights (FMI) study. The report says that the key players in fire alarm systems market are focused on integration of innovative technologies to better cater to evolving consumer needs.
“Sales of fire alarm systems continue to progress; as smart infrastructure continues to be the frontier of civil facilities. In addition to the evolving regulatory norms, tech-enabled transformation of construction industry is impelling the growth of market,” concludes the FMI report.
Request PDF Sample of a 200-page study on the fire alarm systems market https://www.futuremarketinsights.com/reports/sample/rep-gb-11019
Fire Alarm Systems Market: Key Findings
Key Growth Drivers - Fire Alarm Systems Market
Key Impediments - Fire Alarm Systems Market
The global fire alarm systems market is moderately concentrated, where leading players account for nearly a third of overall value. Market players are primarily focusing on innovative offerings in categories such as video image smoke, flame detection systems, and cloud-based fire alarm systems. Leading players are also entering strategic partnerships, and collaborations for a stronghold in global market. The report offers deep-dive insights on some of the leading market players, which include but are not limited to, Johnson Controls, United Technologies Corporation, Honeywell International, Siemens, and Eaton.
Explore 120 figures, 23 tables in the study. Request for detailed market segmentation on https://www.futuremarketinsights.com/reports/fire-alarm-systems-market
About the Report
This 270+ page study offers readers with a comprehensive market forecast on the flanges market. Global, regional, and country levels analysis of the latest industry trends impacting the mining lubricants market. The study provides compelling insights on mining lubricants market on basis of solutions (type of system, services), and application (commercial, industrial, residential) across 30 countries spanning seven key regions - North America, Latin America, Western Europe, Eastern Europe, Asia Pacific (excluding Japan), and MEA.
Explore Future Market Insights’ comprehensive coverage on,
Alarm Management System Market - The alarm management system market study scrutinizes the key trends, regulatory policies, innovations, and essential strategies adopted by major players in this changing landscape.
Wireless Fire Detection Market - The wireless fire detection market report offers regional and global trends and challenges for the wireless fire detection systems based on present and future scenarios, and the effect on the rise of the wireless fire detection market.
Fire and Explosion Proof Lights Market - A detailed analysis on the most lucrative markets for fire and explosion proof lights, and trends that are likely to impact adoption around the world.
Gain access to Market Ngage, an AI-powered, real-time business intelligence platform that goes beyond the archaic research solutions to solve the complex strategy challenges that organizations face today.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously track emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries:
For Media Enquiries:
Press Release Source: https://www.futuremarketinsights.com/press-release/fire-alarm-systems-market
SOURCE: Future Market Insights
View source version on accesswire.com: