| |
These stand-alone technologies and products, now in early growth phases, will likely drive the market forward, offering considerable opportunities for industry players.
"The North American fire and smoke detection devices market goes through a paradigm shift from the use of conventional detection devices to addressable/intelligent detection devices," notes Frost & Sullivan Research Analyst G.G.Hariharan. "End-user demand for intelligent systems is a driving force behind the increased focus on such addressable systems."
New analysis from Frost & Sullivan (buildingtechnologies.frost.com), North American Fire and Smoke Detection Devices Market, reveals that this market earned revenues of $570.2 million in 2006 and estimates to reach $707.1 million in 2013.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants an overview of the latest analysis of the North American Fire and Smoke Detection Devices Market then send an email to Johanna Haynes, Corporate Communications, at jhaynes_pr[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the information via email upon receipt of the above information.
In the heat detectors market, electronic heat detectors are quickly gaining market share over mechanical detectors. In the smoke detection devices market, photoelectric detectors accounted for approximately 70 percent of revenues in 2006 and will likely further increase their market share at the expense of ionization detectors. The duct smoke and beam smoke segments will remain mostly stable.
In the flame detectors market, multi-sensor detectors gain recognition and triple infrared (IR) detectors will likely grow faster than other types. Video-based smoke or flame detection systems, a new sub-segment of the market, evolves and research suggests it will penetrate the market faster than the contemporary detectors.
Regulated procedures, however, remain a critical restraint to the entry of these new technologies. The North American fire code scrutinizes the reliability and efficacy of any new technology set to hit the market, and manufacturers wishing to introduce a new technology must follow a recommended procedure by the Underwriter's Laboratory (UL).
"Once registered with the UL, applicants will have to wait for the UL's approval, after which they can think about licensing or marketing that particular technology," says Hariharan. "The entire process takes as long as five years and this restraint will continue to have a medium impact throughout the forecast period."
Given the increasing competition in the market, industry participants should strategically position their solutions as robust, reliable and effective. Furthermore, fire detection devices manufacturers should focus on educating end users about the efficacy of intelligent systems, while coming up with tested and approved technologies.
North American Fire and Smoke Detection Devices Market is part of the Building Management Technologies Growth Partnership Services, which also includes research in the following markets: North American Fire Suppression Systems Markets, North American Fire Alarm Equipment Market, .North American Fire Alarm Services Markets and U.S. Carbon Monoxide Detectors Markets, among others. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.
Frost & Sullivan, the Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.
North American Fire and Smoke Detection Devices Market N0E4
|