Alarm Sounder Market Key Opportunities and Forecast Up To 2027
The demand for global alarm sounder equipment set to rise at a boisterous pace in the times to follow. The quest of the industrial sector to foster safety across primary premises has given a thrust to the growth of companies selling alarm sounders. The use of fire alarms is not a nascent trend across the industrial sector. However technological progress has enabled the industrial sector to induct and install highly responsive and resilient alarm sounders. Furthermore, the high risk of arson across chemical plants and manufacturing units compels owners of these premises to use fire protection systems and alarms. Therefore, the global sale of alarm sounders is expected to convert into a haven of lucrative opportunities in the times to follow.
- State planning authorities, governments, and regulatory bodies also stipulate several standards for industrial safety and wellness. This factor has also led to the use of alarm sounders in the manufacturing sector.
- The residential sector is also becoming a vital consumer of alarm sounders. College hostels and student accommodation units are installed with fire alarms to prevent students from smoking indoors. In addition to this, use of fire alarms in hospitals and healthcare centers has also created fresh opportunities for driving demand for alarm sounder systems.
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Global Alarm Sounder Market – Introduction
- An alarm sounder is a noise-making device used to warn individuals in case of emergency. Alarm sounders are used in the form of a siren on ambulances, fire trucks, and vehicles used by police and government authorities etc. Alarm sounders are also mounted on fire stations, government offices, corporate parks, commercial complexes, manufacturing facilities, residential societies etc.
- Alarm sounders get activated automatically when they detect any abnormal activity such as smoke, heat etc. and they can also be activated through manual fire alarm activation devices which includes manual call points or pull stations. Alarm sounders can be a motorized bell or mountable horn and sounder. Alarm sounders can be fixed to particular frequencies and different tones which include low, medium, and high as per requirement.
Strict rules & regulations regarding safety systems imposed by federal governments of various countries
- Stringent rules & regulations imposed by federal governments of various countries especially in North America and Europe is anticipated to increase the demand for alarm sounders in the forecasted timeline. Rapid increase in awareness with respect to installation of alarm sounders and other safety systems in emerging economies is also projected to be a major driving factor for the global alarm sounder market. Manufacturing companies are making heavy investments in research and development to upgrade their product portfolio and bring latest, innovative alarm sounders into the market.
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North America considered the biggest market for alarm sounders
- Geographically, the global alarm sounder market can be divided into five regions: North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA).
- North America accounts for major share in the alarm sounder market. The market in North America is anticipated to grow rapidly in the near future due to strict rules & regulations imposed by the government regarding compulsory installation of safety systems at manufacturing facilities, commercial places etc. in the U.S., Canada, and Mexico.
- Furthermore, the market in Asia Pacific is anticipated to expand at a significant growth rate during the forecasted timeline due to rise in usage of fire alarm systems and increase in online sale of alarm sounders in China, India, and Japan. This is expected to surge the demand for alarm sounders in the Asia Pacific region.
Key Players Operating in the Alarm Sounder Market
Prominent manufacturing companies are anticipated to face healthy competition during the forecast period. Brands such as Honeywell, Whelen Engineering, Apollo Fire Detectors Ltd. E2S, and Sentry Siren, Inc. are focusing on innovation of new products to strengthen their product portfolio and drive the sale of alarm sounders in the global alarm sounder market. Companies are opting for mergers and acquisitions, and joint ventures with local players to expand their product portfolio. Producers in developing countries are focusing on reducing their cost of production and increase profitability for the sustainable growth of their business. A few of the key players operating in the global alarm sounder market are:
- Honeywell International
- Apollo Fire Detectors Ltd. (A Halma Company)
- Global Fire Equipment
- E2S
- Whelen Engineering
- Sentry Siren, Inc.
- Cooper Fulleon
- Qlight
- Siemens
- Safety Technology International, Inc.
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