These suppliers specialise in advanced alarm systems and detection devices that seamlessly integrate with existing smart home or commercial automation systems. They also focus on eco-friendly and energy-efficient products, resulting in a rise in suppliers offering sustainable alarm and detection solutions.  

Growing awareness of fire hazards

The research report, produced by Grand View Research, also suggests that another major factor fuelling the demand for fire alarms and detectors is the growing awareness of fire hazards and their potentially devastating consequences. Various fire-related incidents, both in residential and commercial settings, have received significant media attention, raising public consciousness about the importance of fire safety. As a result, homeowners are increasingly recognising the need for proactive fire prevention measures, leading to a higher demand for fire alarms and detectors. The manufacturers are taking fire safety and security measures to ensure that effective fire safety solutions are in place to safeguard life and property from potential fire hazards.

Automated fire protection

Factors such as the safety of assets and the elimination of false alerts are also leading to an increased focus on security and property protection in industrial plants and manufacturing facilities. Automated fire protection systems, which can offer quick fire detection and pre-programmed responding for minimizing fire damage, have been witnessing increased demand in the industrial and manufacturing sectors. Increasing expenditure on fire protection measures from the enterprise segment is also anticipated to drive the overall market. For instance, a steel manufacturing plant requires the installation of fire alarm and detection systems in the production process and sensible technologies areas such as control rooms, EDP units, and control cabinets.

As technology continues to advance, new and innovative fire safety products are being developed that are more efficient, reliable, and cost-effective. Advancements in technology enhance the capabilities and effectiveness of fire alarm and detection systems in the U.S.  Modern systems employ sophisticated sensors, including smoke, heat, flame, and carbon monoxide detectors, to provide comprehensive fire detection coverage.

Advancements in technology and wider applications

Technological advancements have facilitated the integration of fire alarm systems with other Building Management Systems (BMS), allowing for centralised monitoring and control. For instance, in March 2023, Rotarex announced the launch of Triplestar system for residential kitchens. Regardless of short-term leases, student apartments, or safeguarding older people in nursing homes, the system could provide property owners, parents, and guests with comfort. The Rotarex Firetec Triplestar residential kitchen system is autonomous, requires no power source, and extinguishes fires within seconds.

Major players

The research includes numerous global and international players, such as Carrier (Kidde). Fike Corporation, Gentex Corporation, Hochiki America Corporation, Honeywell International, Inc., Johnson Controls International PLC, Napco Security Technologies, Inc., Rotarex, Siemens, and the Bosch Group.