India Fire Alarm Market (2020-2026) | Trends, Report & Forecast, Size, Share, Growth, Revenue, Analysis, Outlook - COVID-19 IMPACT

Market Forecast By Types (Audible Alarms, Visual Alarms, Manual Call Point), By Application (Commercial, Industrial, Residential), And Competitive Landscape

Product Code: ETC002515 Publication Date: Aug 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Fire Alarm Market Competition 2023

India Fire Alarm market currently, in 2023, has witnessed an HHI of 1333, Which has decreased slightly as compared to the HHI of 1593 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

India Export Potential Assessment For Fire Alarm Market (Values in USD Thousand)


Latest Development (2022) in India Fire Alarm Market

India Fire Alarm market is expected to gain momentum during the upcoming years on account of increasing investment in real estate projects. Expansion of transport network coupled with the strengthening of construction sectors is driving the India Fire Alarm Market Growth. Moreover, increasing penetration towards safety and security is also accelerating the demand for Fire Alarms in India. Increasing cases of fire collisions in manufacturing and chemical industries are also driving the development of the market. Increasing advancement in technology and the introduction of wireless alarm triggers the potential growth of the market

India Fire Alarm Market Synopsis

India Fire Alarm market report thoroughly covers the India Fire Alarm market by types and applications. The India Fire Alarm market outlook report provides an unbiased and detailed analysis of the ongoing India Fire Alarm market trends, opportunities/high growth areas, market drivers, and India Fire Alarm market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

India Fire Alarm Market had witnessed substantial growth in the past few years on account of technological advancement and increasing construction activities. The factors driving the demand for the fire alarm market in India are growing urbanization and increasing awareness regarding safety systems and fire protection. Furthermore, growing advanced infrastructures such as smart cities, hospitals, airports, etc. would further fuel the growth of the fire alarm market in India.

According to 6wresearch, the India Fire Alarm Market size is expected to grow during 2020-2026. An increasing number of construction projects coupled with innovation of advanced products is accelerating the India Fire Alarm Market Growth. However, the high initial cost and false detection of alarms are likely to restrain the growth of the industry. 

Market Analysis By Application

Based on the application, the commercial segment is anticipated to hold a major revenue share in the fire alarm market over the forecast period on account of growing security concerns and rising commercial sector coupled with rising government regulations towards safety.

Market Analysis by Types

In terms of types, the audible alarm segment is anticipated to dominate the fire alarm market revenue share in India due to rapid urbanization, easy installation, and rising demand for public address systems along with a voice alarm system

COVID-19 impact on India Fire Alarm Market

The outburst of coronavirus led to the new working system of working from home, which further created opportunities for safety and security. Re-opening of businesses after the lockdown led to an increase in the demand for maintaining fire security systems that further accelerate the growth of the market. However, nationwide lockdown and restrictions imposed by the government led to disruption in the supply chain of a fire alarm. The market is expected to grow in the coming years and reach a pre-pandemic level. 

Key Players in the market

Key players in India Fire Alarm Market are:

  • Ceasefire Industries Limited
  • Honeywell Automation India Limited
  • HD Fire Protect Private Limited
  • New Age Fire Protection Industries Private Limited
  • Safex Fire Services Limited
  • UTC Fire and Security India Limited
  • Udyogi International Private Limited
  • Siemens India Limited
  • Kanadia Fyr Fyter Private Limited
  • Safepro Fire Services Pvt. Ltd
  • Usha Fire Safety Equipments (P) Ltd
  • Tyco Fire And Security India Private Limited
  • Gunnebo India Private Limited
  • Agni Devices Private Limited

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019.
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of The Reports

  • India Fire Alarm Market Overview
  • India Fire Alarm Market Outlook
  • India Fire Alarm Market Forecast
  • Historical Data of India Fire Alarm Market Revenues and Volumes, for the Period 2016-2019.
  • Market Size & Forecast of India Fire Alarm Market Revenues and Volumes, until 2026.
  • Historical Data of India Fire Alarm Market Revenues and Volumes, by type, for the Period 2016-2019.
  • Market Size & Forecast of India Fire Alarm Market Revenues and Volumes, by type, until 2026.
  • Historical Data of India Fire Alarm Market Revenues and Volumes, by application, for the Period 2016-2019.
  • Market Size & Forecast of India Fire Alarm Market Revenues and Volumes, by application, until 2026.
  • Market Drivers and Restraints
  • India Fire Alarm Market Price Trends
  • India Fire Alarm Market Trends and Industry Life Cycle
  • Porter’s Five Force Analysis
  • Market Opportunity Assessment
  • India Fire Alarm Market Share, By Players
  • India Fire Alarm Market Overview on Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Markets Covered

The India Fire Alarm Market report provides a detailed analysis of the following market segments:

By Types:

  • Audible Alarms
  • Visual Alarms
  • Manual Call Point

By Applications:

  • Industrial
  • Commercial
  • Residential
India Fire Alarm Market: FAQs
Based on the application, the commercial segment is anticipated to hold a major revenue share in the fire alarm market over the forecast period.
In terms of types, the audible alarm segment is anticipated to dominate the fire alarm market revenue share in India.
Yes, the report includes the impact of COVID-19.
India Fire Alarm Market had witnessed substantial growth in the past few years on account of technological advancement and increasing construction activities.
The high initial cost and false detection of alarms are likely to restrain the growth of the industry.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Executive Summary
2. Introduction
2.1  Report Description
2.2  Key Highlights
2.3  Market Scope & Segmentation
2.4  Research Methodology
2.5  Assumptions
3. India Fire Alarm Market Overview
3.1 India Fire Alarm Market Revenues and Volume, 2016-2026F
3.2 India Fire Alarm Market  Revenue Share, By Types, 2019 & 2026F
3.3 India Fire Alarm Market  Revenue Share, By Application, 2019 & 2026F
3.4 India Fire Alarm Market - Industry Life Cycle
3.5 India Fire Alarm Market - Porter’s Five Forces
4. India Fire Alarm Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5. India Fire Alarm Market Trends
6. India Fire Alarm Market Overview, by Type
6.1 India Audible Alarm Fire Alarm Market  Revenues and Volume, 2016-2026F
6.2 India Visual Alarm Fire Alarm Market  Revenues and Volume, 2016-2026F
6.3 India Manual Call-Points Fire Alarm Market Revenues and Volume, 2016-2026F
7. India Fire Alarm Market Overview, by Application
7.1 India Fire Alarm Market Revenue and Volumes, By Commercial, 2016-2026F
7.2 India Fire Alarm Market Revenue and Volumes, By Industrial, 2016-2026F
7.3 India Fire Alarm Market Revenue and Volumes, By Residential, 2016-2026F
8. India Fire Alarm Market Key Performance Indicators
9. India Fire Alarm Market Opportunity Assessment
9.1 India Fire Alarm Market Opportunity Assessment, By Types, 2026F
9.2 India Fire Alarm Market Opportunity Assessment, By Application, 2026F
10. India Fire Alarm Market Competitive Landscape
10.1 India Fire Alarm Market By Companies, 2019
10.2 India Fire Alarm Market Competitive Benchmarking, By Operating Parameters
11. Company Profiles
12. Key Strategic Recommendations
13. Disclaimer
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