The Report “Global Fire Sensors and Detectors Market by Component (Smoke Detectors, Flame Detectors, Heat Detectors), by Services (Service & Maintenance, Managed Services, Engineering Services, Installation & Design), by Vertical, by Geography – Analysis & Forecast to 2019” is estimated to grow $4.1 billion by 2019, at a CAGR of 10.8% during the forecast period, 2014 to 2019.
Browse through the TOC of the Global Fire Sensors and Detectors Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Fire sensor is a component which is designed to detect a flame or fire while as fire detector is designed to detect and respond to a flame or fire. The responses to the detected flame depend on the system installed. The most common responses are sounding an alarm, deactivating the fuel line or activating the fire suppression system. Fire sensors and detectors are a set of electronic devices that work simultaneously to detect fire, smoke or flame by giving an input to the sensor which then gives alert, by responding through visual or audio devices.
The key factors driving the global fire sensors and detectors market are the increase in the safety regulations being implemented by the governments in different regions across the globe, especially in the countries in the European and Asia-Pacific regions, new constructions, and up-gradation of the already installed fire sensing and detection systems. The fire sensors and detectors are being implemented rigorously in a variety of sectors which include manufacturing, and oil & gas and mining, among others.
This report has segmented the global fire sensors and detectors market on the basis of vertical, type, services, component, and geography. By vertical, the global fire sensors and detectors market has been segmented into academia & institutional, BFSI, consumer goods & retail, energy & power, government, healthcare, manufacturing, oil & gas and mining, transportation and logistics, and others. On the basis of services, the global fire sensors and detectors market has been segmented into engineering services, installation & design, service & maintenance, managed services, and other services. By component, the global fire sensors and detectors market has been classified into smoke detectors, heat detectors, flame detectors, and other detectors. By geography, the market has been segmented into North America, Asia-Pacific, Europe, Middle East Africa, and Latin America.
In 2014, the North American region dominated the global fire sensors and detectors market. The North American fire sensors and detectors market was valued at $803.6 million in 2014 and is expected to reach $1.3 billion by 2019, at a CAGR 10.4% during the forecast period, 2014 to 2019. The global fire sensors and detectors market is dominated by Bosch Security Systems, Tyco International Ltd., Halma plc, Honeywell, and United Technologies Corporation (UTC).
The report also includes market share and value chain analysis, and various market metrics, such as, drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players operating in the global fire sensors and detectors market.
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