Fire Alarm Equipments Market

Transparency Market Research

Fire Alarm Equipments Market - Global

Industry Analysis, Size, Share, Trends,

Growth and Forecast, 2014 - 2020

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REPORT DESCRIPTION

The market for fire alarm equipments is a mature market on global level, considering the enhanced frequency of

accidents and security issues. The fire alarm equipment market has been witnessing a lot of new innovations, for

both product and technology. Although the global market for fire alarm equipment market is at a mature stage, the

associated products and technologies are still in their growth phase and contribute largely towards the market

growth. Moreover, the global market for fire alarm equipments continuously grows with the demand in the

construction industry and the mandatory health safety guidelines. Among different fire equipments present on a

global level, the photoelectric detectors are expected to dominate the fire alarm equipment market by gaining

additional market space than others, such as ionization smoke detectors.

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One of the major drivers in the global fire alarm equipment market is the stringent governmental regulation for the

safety of labors working in the industries. Also, a few of the jurisdictional requirements by different countries, such

as Building Code of Australia and National Fire Protection Association, USA; have mandated the installation of fire

detection devices. Furthermore, the National Fire Protection Association has also mandated the use of...