Consumer & Retail

According to a market report by Lucintel, the future of the wired fire detector market looks promising with opportunities in the residential, commercial, public institution, and industrial applications. The global wired fire detector market is expected to reach an estimated $3.9 billion by 2028 with a CAGR of 6.8% from 2023 to 2028. The major drivers for this market are increasing preference for fire detecting gadgets to obtain information more accurately and quickly. Wired fire detector also helps in communicating and making a network between similar devices which are controlled by the central control panel.



In this market, smoke detectors, flame detectors, and heat detectors are the major product segments. Lucintel forecasts that smoke detector segment is expected to witness the highest growth over the forecast period as smoke detectors ensure safety, higher efficiency, low maintenance, and compliant with local codes.



Within this market, the commercial segment is expected to witness the highest growth over the forecast period due to the increasing demand for wire-based fire detectors among small businesses as they are more affordable than other devices.



APAC will remain the largest region due to rapid urbanization and increasing construction of new buildings in the region.

Honeywell International, Johnson Controls, London Security, Kidde, and Bosch Security Systems are the major suppliers in the global wired fire detector market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global wired fire detector market by product, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Wired Fire Detector Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global wired fire detector market by product, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global wired fire detector market by product (smoke detectors, flame detectors, heat detectors, and others), application (residential, commercial, public institution, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?