The global fire alarm system market is projected to grow at a considerable CAGR of 7.2% during the forecast period (2025-2031). A sudden outburst of fire can have a far-reaching negative impact on the institution’s buildings, contents, and mission. Collections damage, operations and mission damage, structure damage, knowledge loss, injury or loss of life, and […]
Category Archives: Business
Asia-Pacific smart meters market is estimated to grow at a CAGR of 7.5% during the forecast period. The major factor that propels the market growth in the region includes the rising smart city projects and partnerships for the development of smart meters. A significant rise in consumption of utilities such as electricity, water, and gas […]
The Asia-Pacific fire alarm system market is anticipated to exhibit a considerable CAGR of 7.9% during the forecast period. Presence of strict laws and regulations related to fire safety is a key factor contributing to the demand for the fire alarm system market in the region. China is one of the major countries that significantly […]
The European fire alarm system market is anticipated to exhibit a considerable CAGR of 7.2% during the forecast period. Population growth, demographic changes, and a favorable economic environment are driving high demand for residential buildings. According to DIW Berlin, the German Institute for Economic Research, the construction volume in Germany was around $510 billion in […]
The Indian fire alarm system market is anticipated to exhibit a considerable CAGR of 8.0% during the forecast period. Fire alarm systems are in high demand in the country, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such […]
The North American fire alarm system market is anticipated to exhibit a considerable CAGR of 7.4% during the forecast period. Fire alarm systems are in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes […]
The US fire alarm system market is anticipated to exhibit a considerable CAGR of 7.5% during the forecast period. Fire alarm systems are in high demand in the region, owing to proper implementation of state and national policies and building codes to improve fire safety, educational campaigns focusing on smoke detectors, and behavioral changes such […]
European smart meters market is estimated to grow at a CAGR of 5.8% during the forecast period. The major factor that propels the market growth includes the rising inclination towards smart metering solutions over conventional meters in the residential and commercial sector due to various benefits such as cost-cutting, easy management, and theft detection. Moreover, […]
Indian smart meters market is estimated to grow at a CAGR of 8.3% during the forecast period. The market is driven by government funding for smart city projects in the country. The government has plans to build 90 smart cities by 2022. The Indian government had launched a Smart City Mission for building 100 Smart […]
North American smart meters market is estimated to grow at a CAGR of 5.6% during the forecast period. The market is driven by the rising trend towards smart metering solutions in the region due to their cost-effectiveness, reduction of theft and maintaining utility revenues, and others. Moreover, several smart city initiatives taken by the government […]