Global Fire Alarm Systems Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Solution;

Systems - Conventional Systems and Addressable Systems, Services - Professional Services and Managed Services.

By Application;

Residential, Commercial and Industrial.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn813261923 Published Date: May, 2025 Updated Date: June, 2025

Fire Alarm Systems Market Overview

Fire Alarm Systems Market (USD Million)

Fire Alarm Systems Market was valued at USD 26,086.53 million in the year 2024. The size of this market is expected to increase to USD 37,844.42 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.


Global Fire Alarm Systems Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.5 %
Market Size (2024)USD 26,086.53 Million
Market Size (2031)USD 37,844.42 Million
Market ConcentrationMedium
Report Pages394
26,086.53
2024
37,844.42
2031

Major Players

  • Johnson Controls
  • United Technologies Corporation
  • Honeywell International
  • Siemens
  • Halma
  • Eaton
  • Allcoopers Limited
  • Bosch Limited
  • Hochiki Europe, LLC.
  • Gentex Corporation
  • Securiton AG
  • Gentex
  • Minimax Viking
  • Fike Corporation
  • MIRCOM

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Fire Alarm Systems Market

Fragmented - Highly competitive market without dominant players


The Fire Alarm Systems Market is rapidly evolving as demand for smart and responsive safety infrastructure grows across various settings. With the rise of connected buildings, nearly 60% of modern constructions now include automated fire detection systems, ensuring better protection through real-time alerts and integrated controls.

Innovation in Detection Technology
The transition to wireless and addressable fire alarms is gaining speed due to their enhanced reliability and precision. Over 55% of users have adopted IoT-based alarm technologies, enabling real-time system updates, fault diagnostics, and mobile alerts. These technologies are reshaping safety strategies across sectors.

Regulatory Compliance as a Key Driver
Stringent fire safety regulations are playing a pivotal role in market growth. About 65% of installations are now compliance-driven, powered by digital monitoring tools and smart inspection protocols. These systems not only meet audit standards but also offer predictive maintenance features.

System Flexibility and Integration Benefits
Businesses are increasingly investing in scalable fire alarm systems with BMS compatibility and modular expansion options. Around 50% of end users demand systems that can grow with their facilities and adapt to complex structures, improving long-term functionality and cost efficiency.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Solution
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Fire Alarm Systems Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Stringent Safety Regulations
        2. Increasing Urbanization
        3. Technological Advancements
        4. Rising Awareness Levels
      2. Restraints
        1. High Installation Costs
        2. Compatibility Challenges
        3. Maintenance Complexity
        4. Regulatory Compliance Burden
      3. Opportunities
        1. Smart Fire Alarm Solutions
        2. Integration with IoT
        3. Emerging Markets Expansion
        4. Retrofitting Existing Buildings
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Fire Alarm Systems Market, By Solution, 2021 - 2031 (USD Million)
      1. Systems
        1. Conventional Systems
        2. Addressable Systems
      2. Services
        1. Professional Services
        2. Managed Services
    2. Fire Alarm Systems Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Industrial
    3. Fire Alarm Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Johnson Controls
      2. United Technologies Corporation
      3. Honeywell International
      4. Siemens
      5. Halma
      6. Eaton
      7. Allcoopers Limited
      8. Bosch Limited
      9. Hochiki Europe, LLC.
      10. Gentex Corporation
      11. Securiton AG
      12. Gentex
      13. Minimax Viking
      14. Fike Corporation
      15. MIRCOM
  7. Analyst Views
  8. Future Outlook of the Market