Europe Fire Alarm and Detection Market By Product (Fire Detectors and Fire Alarm) By End User (Commercial, Industrial and Residential) By Country, Industry Analysis and Forecast, 2019 - 2025
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Market Report Description
The Europe Fire Alarm and Detection Market would witness market growth of 7.1% CAGR during the forecast period (2019-2025). Fire protection systems need regular service to ensure optimum performance and effective fire control. Maintenance comprises of timely servicing and auditing of fire protection systems to ensure that they meet all required fire safety standards and ensure their proper functioning at the time of emergency. Maintenance services are essential for industries like oil, gas and mining; commercial; energy & power; and transport & logistics.
The European fire alarm and detection industry has evolved as the country has stood among the early adopters of this technology and has stringent fire safety rules on the part of the government. It is expected that the need for improved safety and security features to comply with said regulations would fuel development in the demand for fire detection systems. For example, the Confederation of the Protection Association in Europe (CFPAE) seeks to promote and help fire protection research in European countries. This policy is meant specifically for the general public and those responsible for the safety of organizations and firms.
The need to update existing alarm and detection systems to improved ones and compliance with the stringent regulations is expected to push the market growth. Growing fire incidents have stressed the need for advanced alarm and detection systems to be installed throughout the residential, commercial and industrial sectors. For example, legislative requirements from various nations obligated the deployment of fire detecting systems, thereby boosting the market for these devices.
Based on Product, the market is segmented into Fire Detectors and Fire Alarm. Fire detectors are further segmented into Smoke Detectors, Heat Detectors and Flame Detectors. Fire Alarm segment is further bifurcated into Audible Alarms, Visual Alarms and Manual Call-points. Based on End User, the market is segmented into Commercial, Industrial and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Emerson Electric Co., Robert Bosch GmbH, United Technologies Corporation, Eaton Corporation PLC, Siemens AG, Halma PLC, Hochiki Corporation, Napco Security Technologies, Inc., and Gentex Corporation.
Scope of the Europe Fire Alarm and Detection Market Analysis
- Fire Detectors
- Smoke Detectors
- Heat Detectors
- Flame Detectors
- Fire Alarm
- Audible Alarms
- Visual Alarms
- Manual Call-points
By End User
- Rest of Europe
- Honeywell International, Inc.
- Emerson Electric Co.
- Robert Bosch GmbH
- United Technologies Corporation
- Eaton Corporation PLC
- Siemens AG
- Halma PLC
- Hochiki Corporation
- Napco Security Technologies, Inc.
- Gentex Corporation
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