Lucintel's latest market report analyzed that heat detector provides attractive opportunities in the industrial and building sectors. The heat detector market is expected to reach $0.80 billion by 2028 with a CAGR of 5.7%. In this market, fixed temperature detectors is the largest segment by product type, whereas buildings is largest by end use industry.
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Based on product type, the heat detector market is segmented into fixed temperature detectors, differential temperature detectors, poor fixed temperature detectors, and others. The fixed temperature detectors 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 their increasing usage in commercial buildings and office premises.
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The Heat Detector Market is marked by the presence of several big and small players. Some of the prominent players offering heat detector include Honeywell, Johnson Controls, Robert Bosch, Siemens, and Olympia Electronics SA.
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