Security & Safety Products & Services

Fire Alarms: Market Size, Growth & Forecast to 2030

The Fire Alarms market is valued at about $47.5 billion (2026) and is projected to grow at a 5.8% CAGR through 2030. The largest cost driver is Electronic components and PCBs (35% of spend). North America leads demand at 35%.

Market size
$47.5 bn (2026)
CAGR to 2030
+5.8%
Buyer power
Favours buyers
Tracked suppliers
45

Projected market growth to 2030

Market size index, 2026 = 100, at the 5.8% CAGR.

1331221111001002026105.82027111.92028118.42029125.32030132.62031

Cost structure

Electronic components and PCBs
35%
Plastic enclosures and metal terminals
20%
Labor and manufacturing overhead
25%
Logistics and compliance testing
12%
Specialized sensor elements and optics
8%

Regional demand split

North America demand
35%
Europe demand
30%
Asia Pacific demand
25%
Rest of world demand
10%

Key suppliers

Honeywell International Inc.Siemens AGJohnson Controls International plc
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/fire-alarms