The North America and MEA fire alarm systems market size is expected to reach US$ 22.81 billion by 2031 from US$ 13.63 billion in 2023. The market is anticipated to record a CAGR of 6.6% from 2023 to 2031. IoT-based fire alarms and remote monitoring systems are likely to bring new trends to the market in the coming years.
North America and MEA Fire Alarm Systems Market Analysis
The North America and MEA fire alarm system market is predicted to witness significant growth during the forecast period owing to the rising number of fire incidents. In 2022, local fire departments responded to approximately 1.5 million fires in the US, according to the National Fire Protection Association (NFPA). These incidents resulted in 3,790 civilian deaths and 13,250 documented civilian fire injuries. The projected property damage from these fires was US$ 18 billion. Due to these rising fire incidents, the government of the US is taking various strict initiatives to install fire alarm systems in residential, commercial, and industrial settings, which is boosting the growth of the market.
To increase efficiency and provide a safer building environment, various companies are working on integrating fire alarm systems with building management systems (BMS), which is likely to create an opportunity for the market growth during the forecast period. In addition, the growing number of construction projects in the country is expected to offer numerous opportunities to the market players in the coming years. Furthermore, the growing adoption of fire alarm systems in healthcare facilities is expected to fuel the market growth in the forecasted period. Moreover, the rise in technological advancements, such as the integration of IoT, video smoke detection, and remote monitoring, are expected to bolster the North America and MEA fire alarm system market in the near future.
North America and Overview
Fire alarms are usually installed in fire alarm systems to provide zonal coverage for residential and commercial properties. The warning signal might consist of a loud siren/bell, a flashing light, or both. A few fire alarm systems provide extra warnings, such as a voice message or a phone call. Most advanced fire alarm systems employ wireless technology and smart devices to protect as well as manage automated buildings via a remote control panel; for example, a mobile app that can be downloaded, installed, and maintained on a smartphone.
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North America and MEA Fire Alarm Systems Market: Strategic Insights
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North America and Drivers and Opportunities
Rise in Number of Safety Regulations Regarding Fire Detection and Alarm Systems
Fire-related hazards are severe and lead to loss of life and valuable assets. As a result, the US government has set various strict rules and regulations regarding fire detection and alarm systems. The design, manufacturing, installation, and operation of fire detection and alarm systems must be in accordance with either Sections 76.27-5 through 76.27-35 or SOLAS Chapter II-2, Regulation 7, and FSS Code Chapter 9, according to the Code of Federal Regulations.
- The rules and regulations included in Sections 76.27-5 are mentioned below:
- The government must approve the use of detectors, manual alarm stations, cabinets, control panels, alarms, and other notifying devices.
- The fire detection and alarm system must be capable of immediate operation at all times that the vessel is in service.
- The fire detection and alarm system must control and monitor input signals for all connected detectors and manual pull stations or call points.
- The fire detection and alarm system must provide fire or fault output signals to the pilothouse or fire control station.
- The fire detection and alarm system must notify crew and passengers of a fire when needed.
- The fire detection and alarm system must be arranged and installed in a way that the presence of a fire in any of the protected spaces will be automatically registered visibly and audibly in the pilothouse or fire control station. The visible notice must indicate the zone where the alarm originated. On vessels of more than 150 feet (45.72m), there must also be an audible alarm in the engine room.
In addition to these rules, under Section 76.27-15, heat detectors must not be rated lower and higher than 130°F (54°C) and 172°F (78°C), respectively. The operating temperature of heat detectors located in spaces of high normal ambient temperatures must be up to 260°F (130°C). Also, the operating temperatures of heat detectors in saunas might be up to 284°F (140°C). In addition, the required sensitivity and other performance criteria of detectors must be set forth in 46 CFR 161.002. Further, according to Section 76.27-20, audible alarms must generate sound pressure levels set forth in 46 CFR 161.002. Similarly, the UAE has taken a significant step toward enhancing residential safety by implementing a new regulation mandating the installation of fire alarms in all residential buildings since January 2024. This regulation supports the nation's commitment to ensuring the safety and well-being of its residents. Also, the South African Bureau of Standards (SABS) published a revised version of “SANS 10139, code of practice for design, installation, commissioning, and maintenance of fire detection and alarm systems in non-domestic premises,” which aligns South Africa’s fire safety standards similar to other countries. Therefore, the rise in the number of safety regulations regarding fire detection and alarm systems boosts the growth of the North America and MEA fire alarm system market.
Rise in Construction Activities
The US has the world’s largest market for commercial property, according to the International Monetary Fund. The surging investments in the development of smart city initiatives are likely to fuel the growth of the construction industry in the country in the coming years. Also, the construction industry in the MEA is growing significantly. Saudi Arabia, the UAE, Oman, and Egypt are initiating several infrastructure projects, including new railway projects, megacities, harbors, airports, and housing projects, among others. A few of the mega-construction projects are listed below:
- Los Angeles plans to host the LA 2028 Summer Olympics. With this announcement, new facility construction began in 2023 and is expected to be completed by the first half of 2028. This vast project is focused on building housing for Olympians and facilities for the competition.
- In Q2 2024, the construction of the South Capitol Street and M Street Mixed-Use Development project has started in Washington, DC, and is expected to be completed by Q4 2024. The project aims to provide better residential, retail, and office facilities in the city.
- Owing to the rise in tourism and upcoming Olympic events, several airport construction and terminal expansion activities are being undertaken in the US The Port Authority of New York and New Jersey invested US$ 19 billion to build a new John F. Kennedy International Airport (JFK), recording a major transformation of one of the busiest airports in the US The project has entered into the construction phase and is scheduled for completion by 2026.
- In May 2024, the Sultanate of Oman announced to construction of six new airports, and most of them are expected to be operational by 2028–2029, according to Naif al Abri, Chairman of the Civil Aviation Authority.
- In September 2024, Saudi Arabia funded US$ 1.3 trillion in real estate construction and infrastructure projects to diversify its economy from oil, recording over a million residential units.
Fire alarm systems help detect and warn people about the presence of fire or smoke in a building or any other enclosed space. Thus, the rise in construction activities is expected to create lucrative opportunities for the North America and MEA fire alarm system market growth during the forecast period.
North America and MEA Fire Alarm Systems Market Report Segmentation Analysis
Key segments that contributed to the derivation of the North America and MEA fire alarm systems market analysis are technology, product type, and application.
- Based on technology, the North America and MEA fire alarm systems market is bifurcated into addressable systems and conventional systems. The addressable systems segment dominated the market in 2023.
- By product type, the North America and MEA fire alarm systems market is segmented into detector type, alarm type, and control panels. The detector type segment is further segmented into smoke detectors, heat detectors, flame detectors, and others. Similarly, the alarm type segment is subsegmented into audible alarms, visual alarms, and manual call-points alarms. The detector type segment held a larger share of the market in 2023.
- In terms of application, the North America and MEA fire alarm systems market is segmented into commercial, industrial, and residential. The commercial segment dominated the market in 2023.
North America and MEA Fire Alarm Systems Market Share Analysis by Geography
The North America and MEA fire alarm systems market is segmented into two major regions: North America and the Middle East & Africa (MEA). North America dominated the market in 2023.
The economic competitiveness of North America continues to grow through economic, commercial, and residential cooperation; integration; and policy alignment. The construction of residential and commercial buildings in these countries is growing owing to various investments in the construction sector. For instance, in October 2023, Fluor, a global engineering and construction firm, completed the construction of Bayer’s US$ 250 million pharmaceutical plant in Berkeley, California. Also, in October 2024, the President of Mexico announced the Housing and Regularization Program, which aims to construct 1 million homes as well as grant 1 million deeds during her administration. Such growing construction activities in the region are expected to fuel the market growth in the coming years.
North America and MEA Fire Alarm Systems Market Report Scope
North America and MEA Fire Alarm Systems Market News and Recent Developments
The North America and MEA fire alarm systems market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the North America and MEA fire alarm systems market are listed below:
- Fike Corporation, a global manufacturer and supplier of fire protection systems, announced the global FM approval of one of its latest fire detection solutions, Fike Fire Watch. FM Global recommended this portable fire watch system in its datasheet 10-3 Hot Work Management.
(Source: Fike Corporation, Press Release, October 2024)
- Honeywell launched the first fire alarm system with UL-approved self-testing smoke detectors that can be tested automatically, changing the way fire and life safety systems are installed, tested, and maintained. The NOTIFIER INSPIRE fire alarm system with Self-Test detectors is designed to help create a safer building environment by increasing facility managers' awareness of system needs while equipping service providers with digital self-testing tools that streamline maintenance and support regulatory compliance and system uptime.
(Source: LG Electronics, Press Release, March 2023)
North America and MEA Fire Alarm Systems Market Report Coverage and Deliverables
The "North America and MEA Fire Alarm Systems Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- North America and MEA fire alarm systems market size and forecast at regional, and country levels for all the key market segments covered under the scope
- North America and MEA fire alarm systems market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- North America and MEA fire alarm systems market analysis covering key market trends, regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the North America and MEA fire alarm systems market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
North America is anticipated to grow at the fastest CAGR over the forecast period.
The addressable systems segment led the North America and MEA fire alarm system market with a significant share in 2023.
The North America and MEA fire alarm system market is expected to reach US$ 22.81 billion by 2031.
The North America and MEA fire alarm system market was estimated to be valued at US$ 13.63 billion in 2023 and is anticipated to grow at a CAGR of 6.6% over the forecast period.
Rise in technological advancements in fire alarm systems is expected to propel the growth of the market in the coming years.
Surge in fire incidents and rise in number of safety regulations regarding fire detection and alarm systems drives the North America and MEA fire alarm system market.
The key players operating in the North America and MEA fire alarm system market include Eaton Corp Plc, Bosch Sicherheitssysteme GmbH, Fike Corporation, Gentex Corp, Honeywell International Inc, Napco Security Technologies Inc, Schneider Electric SE, Siemens AG, Johnson Controls International Plc, Carrier Global Corp, and Mircom Technologies Ltd.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. North America and MEA Fire Alarm Systems Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in Value Chain
4.4 Premium Insights
4.4.1 Revenue Analysis
4.4.1.1 Eaton Corp Plc
4.4.1.2 Bosch Sicherheitssysteme GmbH
4.4.1.3 Gentex Corp
4.4.1.4 Honeywell International Inc
4.4.1.5 Napco Security Technologies Inc
4.4.1.6 Schneider Electric SE
4.4.1.7 Siemens AG
4.4.1.8 Johnson Controls International Plc
4.4.1.9 Carrier Global Corp
5. North America and MEA Fire Alarm Systems Market – Key Market Dynamics
5.1 North America and MEA Fire Alarm Systems Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Surge in Fire Incidents
5.2.2 Rise in Number of Safety Regulations Regarding Fire Detection and Alarm Systems
5.3 Market Restraints
5.3.1 High Initial and Maintenance Costs
5.3.2 Design Complexities in Fire Alarm Systems
5.4 Market Opportunities
5.4.1 Integration of Fire Alarm Systems with Building Management Systems
5.4.2 Rise in Construction Activities
5.4.3 Surge in Adoption of Fire Alarm Systems in Healthcare Industry
5.5 Future Trends
5.5.1 IoT-Based Fire Alarm and Remote Monitoring Systems
5.6 Impact of Drivers and Restraints:
6. North America and MEA Fire Alarm Systems Market Analysis
6.1 North America and MEA Fire Alarm Systems Market Revenue (US$ Million), 2021–2031
6.2 North America and MEA Fire Alarm Systems Market Forecast and Analysis
7. North America and MEA Fire Alarm Systems Market Analysis – by Technology
7.1 Addressable Systems
7.1.1 Overview
7.1.2 Addressable Systems: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
7.2 Conventional Systems
7.2.1 Overview
7.2.2 Conventional Systems: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8. North America and MEA Fire Alarm Systems Market Analysis – by Product Type
8.1 Detector Type
8.1.1 Overview
8.1.2 Detector Type: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.1.3 Smoke Detectors
8.1.3.1 Overview
8.1.3.2 Smoke Detectors: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.1.4 Heat Detectors
8.1.4.1 Overview
8.1.4.2 Heat Detectors: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.1.5 Flame Detectors
8.1.5.1 Overview
8.1.5.2 Flame Detectors: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.1.6 Others
8.1.6.1 Overview
8.1.6.2 Others: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Alarm Type
8.2.1 Overview
8.2.2 Alarm Type: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2.3 Audible Alarms
8.2.3.1 Overview
8.2.3.2 Audible Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2.4 Audible Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2.5 Visual Alarms
8.2.5.1 Overview
8.2.5.2 Visual Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2.6 Manual Call-points Alarms
8.2.6.1 Overview
8.2.6.2 Manual Call-points Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Control Panels
8.3.1 Overview
8.3.2 Control Panels: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
9. North America and MEA Fire Alarm Systems Market Analysis – by Application
9.1 Commercial
9.1.1 Overview
9.1.2 Commercial: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.2 Industrial
9.2.1 Overview
9.2.2 Industrial: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3 Residential
9.3.1 Overview
9.3.2 Residential: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10. North America and MEA Fire Alarm Systems Market – Country Analysis
10.1 North America
10.1.1 North America Alarm Systems Market Breakdown by Countries
10.1.2 North America Fire Alarm Systems Market Revenue and Forecast and Analysis – by Country
10.1.2.1 North America Fire Alarm Systems Market Revenue and Forecast and Analysis – by Country
10.1.2.2 United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.2.1 United States: North America Fire Alarm Systems Market Breakdown by Technology
10.1.2.2.2 United States: North America Fire Alarm Systems Market Breakdown by Product Type
10.1.2.2.3 United States: North America Fire Alarm Systems Market Breakdown by Detector Type
10.1.2.2.4 United States: North America Fire Alarm Systems Market Breakdown by Alarm Type
10.1.2.2.5 United States: North America Fire Alarm Systems Market Breakdown by Application
10.1.2.3 Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.3.1 Canada: North America Fire Alarm Systems Market Breakdown by Technology
10.1.2.3.2 Canada: North America Fire Alarm Systems Market Breakdown by Product Type
10.1.2.3.3 Canada: North America Fire Alarm Systems Market Breakdown by Detector Type
10.1.2.3.4 Canada: North America Fire Alarm Systems Market Breakdown by Alarm Type
10.1.2.3.5 Canada: North America Fire Alarm Systems Market Breakdown by Application
10.1.2.4 Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.1.2.4.1 Mexico: North America Fire Alarm Systems Market Breakdown by Technology
10.1.2.4.2 Mexico: North America Fire Alarm Systems Market Breakdown by Product Type
10.1.2.4.3 Mexico: North America Fire Alarm Systems Market Breakdown by Detector Type
10.1.2.4.4 Mexico: North America Fire Alarm Systems Market Breakdown by Alarm Type
10.1.2.4.5 Mexico: North America Fire Alarm Systems Market Breakdown by Application
10.2 Middle East and Africa
10.2.1 MEA Fire Alarm Systems Market Breakdown by Countries
10.2.2 MEA Fire Alarm Systems Market Revenue and Forecast and Analysis – by Country
10.2.2.1 MEA Fire Alarm Systems Market Revenue and Forecast and Analysis – by Country
10.2.2.2 Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.2.1 Saudi Arabia: MEA Fire Alarm Systems Market Breakdown by Technology
10.2.2.2.2 Saudi Arabia: MEA Fire Alarm Systems Market Breakdown by Product Type
10.2.2.2.3 Saudi Arabia: MEA Fire Alarm Systems Market Breakdown by Detector Type
10.2.2.2.4 Saudi Arabia: MEA Fire Alarm Systems Market Breakdown by Alarm Type
10.2.2.2.5 Saudi Arabia: MEA Fire Alarm Systems Market Breakdown by Application
10.2.2.3 United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.3.1 United Arab Emirates: MEA Fire Alarm Systems Market Breakdown by Technology
10.2.2.3.2 United Arab Emirates: MEA Fire Alarm Systems Market Breakdown by Product Type
10.2.2.3.3 United Arab Emirates: MEA Fire Alarm Systems Market Breakdown by Detector Type
10.2.2.3.4 United Arab Emirates: MEA Fire Alarm Systems Market Breakdown by Alarm Type
10.2.2.3.5 United Arab Emirates: MEA Fire Alarm Systems Market Breakdown by Application
10.2.2.4 Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
10.2.2.4.1 Rest of Middle East and Africa: MEA Fire Alarm Systems Market Breakdown by Technology
10.2.2.4.2 Rest of Middle East and Africa: MEA Fire Alarm Systems Market Breakdown by Product Type
10.2.2.4.3 Rest of Middle East and Africa: MEA Fire Alarm Systems Market Breakdown by Detector Type
10.2.2.4.4 Rest of Middle East and Africa: MEA Fire Alarm Systems Market Breakdown by Alarm Type
10.2.2.4.5 Rest of Middle East and Africa: MEA Fire Alarm Systems Market Breakdown by Application
11. Competitive Landscape
11.1 Company Positioning & Concentration
11.2 Heat Map Analysis By Key Players
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Product Development
13. Company Profiles
13.1 Eaton Corp Plc
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Bosch Sicherheitssysteme GmbH
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Fike Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Gentex Corp
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Honeywell International Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Napco Security Technologies Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Schneider Electric SE
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Siemens AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Johnson Controls International Plc
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Carrier Global Corp
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
13.11 Mircom Technologies Ltd
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
List of Tables
Table 1. North America and MEA Fire Alarm Systems Market Segmentation
Table 2. Ecosystem: North America and MEA Fire Alarm System Market
Table 3. List of Vendors in Value Chain
Table 4. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Table 5. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 6. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 7. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 8. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 9. North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 10. North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 11. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 12. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 13. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 14. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 15. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 16. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 17. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 18. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 19. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 20. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 21. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 22. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 23. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 24. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 25. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 26. MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Country
Table 27. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 28. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 29. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 30. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 31. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 32. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 33. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 34. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 35. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 36. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 37. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Technology
Table 38. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Product Type
Table 39. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Detector Type
Table 40. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Alarm Type
Table 41. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Application
Table 42. Company Positioning & Concentration
Table 43. List of Abbreviation
List of Figures
Figure 1. North America and MEA Fire Alarm Systems Market Segmentation, by Country
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. North America and MEA Fire Alarm Systems Market Revenue (US$ Million), 2021–2031
Figure 5. North America and MEA Fire Alarm Systems Market Share (%) – by Technology, 2023 and 2031
Figure 6. Addressable Systems: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Conventional Systems: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. North America and MEA Fire Alarm Systems Market Share (%) – by Product Type, 2023 and 2031
Figure 9. Detector Type: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Smoke Detector: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Heat Detectors: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Flame Detectors: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 13. Others: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 14. Alarm Type: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 15. Audible Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 16. Visual Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 17. Manual Call-points Alarms: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 18. Control Panels: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 19. North America and MEA Fire Alarm Systems Market Share (%) – by Application, 2023 and 2031
Figure 20. Commercial: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 21. Industrial: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 22. Residential: North America and MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 23. North America Fire Alarm Systems Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 24. United States: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 25. Canada: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 26. Mexico: North America Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 27. MEA Fire Alarm Systems Market Breakdown by Key Countries, 2023 and 2031 (%)
Figure 28. Saudi Arabia: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 29. United Arab Emirates: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 30. Rest of Middle East and Africa: MEA Fire Alarm Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 31. Heat Map Analysis By Key Players
The List of Companies -North America and MEA Fire Alarm Systems Market
- Eaton Corp Plc
- Bosch Sicherheitssysteme GmbH
- Fike Corporation
- Gentex Corp
- Honeywell International Inc
- Napco Security Technologies Inc
- Schneider Electric SE
- Siemens AG
- Johnson Controls International Plc
- Carrier Global Corp
- Mircom Technologies Ltd
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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