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Fire alarm systems are designed to discover the presence of fire, smoke, or the presence of a harmful gas in a vicinity and warn people through audio and visual appliances regarding the need to evacuate the premises. These alarms may be directly automated from heat and smoke detectors and may also activated manually via fire alarm devices such as pull stations or through speaker strobes sounding an alarm. The installation of fire alarms is compulsory in a variety of commercial, residential, and industrial setups as a part of safety guidelines in a number of countries.
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To comply with regulations such as the BS-fire 2013, fire alarms are tested on a weekly basis in places where they are installed in the UK. Thus the overall demand for fire alarm systems remains high across the globe. In the past few years, the market for fire alarm systems has witnessed vast developments in terms of technological advancements. The rising number of companies in the market continue to push fire alarm systems in terms of technological evolution. In the near future, as fire hazard safety compliances become stricter in emerging economies, the demand for fire alarm systems is likely to improve, which is expected to drive the global fire alarm systems market.
Manufacturers to Address Concerns of End-Use Industries through Innovative Technology
Rapid advancements in technology have pushed the concept of fire detection beyond a life-saving system. Increasingly, leading companies such as Kidde KN-COSM-BA and First Alert are adopting fire alarm systems equipped with optical technology and dual sensing technology to ensure employee security and warehouse maintenance. As technological developments redefine various industrial requirements, these companies are focusing on developing fire alarm systems specific to the operations and working conditions of the end-use industries such as high rise security systems.
Developing High-End Security Solutions with Intelligent Features
Delayed detection and false alarm rings can cost various lives and company stocks. As the need for quick detection and notification system persist in the residential and commercial complexes, major manufacturers such as Notifier and System Sensors are focusing on integrating intelligent notification features in the fire alarm systems. With the incorporation of intelligent notification features, the fire alarm can notify occupants, visitors, and employees with the Emergency Voice Alarm Communication (EVAC) techniques. In addition, these systems direct the occupants towards the closest route to evacuation during an emergency.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
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