How big is the fire alarm market | Value, Segments & Trends 2025

Q: What is the overall size of the fire alarm market?

The fire alarm market is expected to reach USD 55.7 billion by 2031.

Q: What is the CAGR for the fire alarm market during forecast period?

The fire alarm market is projected to grow at a CAGR of 8.1% during the forecast period.

Q: What types of fire alarm systems are most in demand?

Addressable systems, wireless detectors, and integrated fire and gas alarm systems are currently driving demand.

Q: How are smart technologies influencing the fire alarm market?

Smart sensors, IoT connectivity, and AI-based early detection are transforming traditional fire alarm systems into intelligent safety networks.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA6252

Publication Date: Jul 2025

How big is the fire alarm market?

According to 6Wresearch internal database and industry insights, the fire alarm market was valued at USD 32.4 billion in 2024 and is projected to reach USD 55.7 billion by 2031, growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period.

This growth is driven by rising fire safety regulations, increased urbanization, and the integration of smart and wireless fire detection systems. This growth is fueled by stricter fire safety regulations, rapid urbanization, and the adoption of smart, wireless fire detection technologies.

Key Growth Factors of the Fire Alarm Market

Growing need for cutting-edge fire detection technologies
Growth in IoT-based alarm systems and smart buildings
Integration with building management and emergency response systems
Growing infrastructure development in developing nations
Increasing the scope of retrofitting and renovation projects in older structures
Government regulations pertaining to fire safety in homes and businesses

Fire Alarm Market Trends

The fire alarm market is experiencing a shift toward addressable fire alarm systems, wireless alarm connectivity, and cloud-enabled fire safety platforms.Additional trends include voice evacuation systems for large-scale facilities, AI-powered fire analytics, and multi-sensor detection.

Emerging Developments in the Fire Alarm Market

Emerging developments in the fire alarm market include intelligent fire panels, smartphone-integrated alarm systems, and remote monitoring solutions. Partnerships among OEMs, IoT providers, and smart building vendors are accelerating scalable, connected fire safety solutions, particularly for smart cities and high-rise developments.