The global fire alarm and detection system market is projected to grow at a compound annual growth rate (CAGR) of 6.58% from 2024 to 2032. Key factors driving the global fire alarm and detection system market include stringent fire safety regulations, advancements in detection technology that enhance accuracy and efficiency, heightened awareness of fire risks leading to greater system adoption, increased investment in fire detection solutions, rapid urbanization, ongoing infrastructure development, and growing industrialization.
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