• About
  • Subscribe
  • Contact
Thursday, June 19, 2025
    Login
FutureIOT
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
No Result
View All Result
FutureIOT
No Result
View All Result
Home Application IT-OT integration

Digitalisation and compliance to drive US$35 billion safety market by 2030

FutureIoT Editors by FutureIoT Editors
June 6, 2025
Photo by Pixabay: https://www.pexels.com/photo/fire-fighter-wearing-black-and-yellow-uniform-pointing-for-something-70573/

Photo by Pixabay: https://www.pexels.com/photo/fire-fighter-wearing-black-and-yellow-uniform-pointing-for-something-70573/

The fire safety market is poised for significant growth, with projections indicating a rise to US$35 billion by 2030. This expansion is driven by stricter building code compliance, digitalisation, and necessary infrastructure upgrades in commercial buildings worldwide.

Fire safety and security detection systems are now mandatory across all commercial facilities, particularly in critical sectors like clean labs, data centres, and hospitals. These systems typically include a central control panel connected to smoke and heat detectors, alarms, and other emergency triggers.

ABI Research estimates shipments of fire safety systems—encompassing control panels, alarms, and detectors—are expected to increase from 133 million units in 2024 to 223 million by 2030, representing a compound annual growth rate (CAGR) of 7.6%. Notably, smoke and fire detection systems account for 56% of these shipments.

Fire safety standards and building codes vary significantly by country and sector, focusing on life and property protection throughout a building’s lifecycle. Rithika Thomas, smart buildings senior analyst at ABI Research, explains, “There are two main types of fire alarm systems: conventional and addressable.

Conventional systems are typically used in smaller buildings, while addressable systems offer enhanced fault detection and location pinpointing, making them suitable for larger commercial spaces in sectors such as healthcare and education.”

The fire safety market remains fragmented, yet it is led by established companies such as ABB, Halma, Honeywell, Johnson Controls, Siemens, and Schneider Electric, which collectively hold more than half of the market share. These firms leverage in-house capabilities, acquisitions, and partnerships to meet specific regional and sector needs. Recent advancements in hardware include real-time monitoring and cloud connectivity, which facilitate predictive maintenance and reduce disruptions for building occupants.

Significant acquisitions in the sector include Siemens' partnership with Danfoss to enhance its offerings in high-pressure water mist and low-pressure CO2 systems for advanced applications like data centres. Additionally, Compliance Group's acquisition of Abbot Fire Group aims to broaden its capabilities across various building verticals.

The shift towards digitalised building portfolios with improved safety features presents a substantial opportunity for fire safety enhancements. Thomas concludes, “Advancements in hardware and software technologies will support cross-platform integration and compatibility with building management systems, making retrofitting and upgrading existing buildings a key focus in North America and Western Europe. Meanwhile, the Asia Pacific region is expected to experience rapid growth in both new and retrofit builds.”

Related:  Rethinking B2B: Embracing AI and Influencers for Growth
Tags: ABI Researchfire safety
FutureIoT Editors

FutureIoT Editors

No Result
View All Result

Recent Posts

  • Only 77% of supply chains have no formal AI strategies
  • PodChats for FutureCOO: Silent Burnout: Asia’s Digital Workforce Crisis
  • Dai-ichi Life Group and Capgemini launch GCC in India
  • Building a purpose-driven AI ecosystem
  • AIoT maximises workforce productivity and optimises worksite operation

Categories

  • Agriculture
  • AI and Machine Learning
  • Application
  • Application and Middleware
  • Automotive
  • Banking and Financial Services
  • Big Data and Analytics
  • Blockchain
  • Case Studies
  • Change Healthcare
  • CHRO
  • Cloud and Platforms
  • Commercial
  • Construction
  • Consumer
  • Customer Engagement
  • Devices
  • ESG
  • Future Workplace
  • FutureCOO
  • Governance, Standards and Regulations
  • Government, Healthcare and Education
  • Hospitality and Tourism
  • Industrial
  • Industry
  • IT-OT integration
  • Manufacturing
  • Networking
  • Operations
  • Research and Development
  • Retail and E-commerce
  • Security
  • Sensors and Instrumentation
  • Smart Cities
  • smart contracts
  • Smart Home
  • Start-ups
  • Supply chain
  • Technology
  • Telecommunications
  • TIBCO
  • Transportation and Logistics
  • Videos
  • Whitepapers

About FutureIoT

Asia’s ONLY dedicated IoT publication

The race to harness the power of Internet of Things (IoT) is here. FutureIoT is dedicated to individuals, as well as public and private organizations looking to tap the potential of IoT to transform the way we live, work and do business. FutureIoT is the dedicated media that provides the single source of truth about IoT, the technology, its application and regulation, originating from Asia. << Read more >>

Quick Links

  • Subscribe
  • Contact
  • Privacy Policy
  • Cookie Policy
  • Terms of Use

Categories

Recent News

Photo by Tiger Lily: https://www.pexels.com/photo/photo-of-warehouse-4481326/

Only 77% of supply chains have no formal AI strategies

June 17, 2025
PodChats for FutureCOO: Silent Burnout: Asia’s Digital Workforce Crisis

PodChats for FutureCOO: Silent Burnout: Asia’s Digital Workforce Crisis

June 16, 2025
  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Technology
    • Sensors and Instrumentation
    • Devices
    • Cloud and Platforms
    • Research and Development
    • Governance, Standards and Regulations
    • Application and Middleware
    • Security
    • Big Data and Analytics
    • AI and Machine Learning
  • Industry
    • Manufacturing
    • Transportation and Logistics
    • Retail and E-commerce
    • Banking and Financial Services
    • Government, Healthcare and Education
    • Industrial
  • Application
    • Smart Cities
    • Future Workplace
    • Commercial
    • Smart Home
    • Customer Engagement
  • Resources
  • Podchats
  • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe