Lucintel's latest market report analyzed that industrial fire detector provides attractive opportunities in smoke detectors, flame detectors, gas detectors, linear infrared detectors, and heat detectors. The industrial fire detector market is expected to reach $0.81 billion by 2028 with a CAGR of 6.3%. In this market, gas detector is the largest segment by product.
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Based on product, the industrial fire detector market is segmented into smoke detectors, flame detectors, gas detectors, linear infrared detectors, heat detectors, and others. The gas detector segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to enormous need for gas detectors in industrial applications to identify dangerous and explosive gases.
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The Industrial Fire Detector Market is marked by the presence of several big and small players. Some of the prominent players offering industrial fire detector include Honeywell, Johnson Controls, Hochiki, Academy Fire, Fike, and Halma.
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