PALO ALTO , Calif., Sept. 13 -- Stringent amendments to fire detection and prevention regulations across Latin American countries are fortifying the fire and smoke detection devices markets. Despite numerous opportunities, the lack of awareness of fire prevention issues threatens the markets.
New analysis from Frost & Sullivan(http://www.buildingtechnologies.frost.com ), Latin American Fire and Smoke Detection Devices Markets reveals that the market earned revenues of
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"Due to the low levels of awareness of the importance of fire detection and prevention as well as the high costs of the systems, many end users tendto install very basic, or even incomplete fire and smoke detection systems, putting human life as well as the entire building at risk," says Frost & Sullivan Research Analyst Maria Gabriela Figueroa . "These factors challenge premium segment market participants that offer products based on quality, technology, brand name, and post-sales services."
Market participants must focus on educating end users, and, along with regional renowned associations, create a collective sense of moral responsibility. Many global tier 1 companies are organizing seminars across Latin America not only to promote their products, but also to increase consciousness and responsibility among end users.
Associations such as the National Fire Protection Association (NFPA) arealready working with governmental sectors such as the Firefighters Body, forhelping them adapt their local rules as per the NFPA norms and standards.
The healthcare sector is among the least developed segments regarding theimplementation of fire and smoke detection systems. In some countries, thissegment mostly depends on government purchases, and therefore, all initiatives are totally subject to public response. Private clinics and healthcare centersare comparatively at a more advanced stage of implementation, having installedbasic smoke and heat detectors.
Due to its high overall demand, the industrial buildings segment is themost developed end-user segment in Latin America. This is because of the important presence of multinational companies (MNCs) in diverse industries in the region. These MNCs' inherent culture of installing fire and smoke detection systems has rubbed off on smaller companies, resulting in greatersales of the equipment across the region.
The commercial buildings segment is the second most important one in Latin America. Local authorities such as the fire fighters constantly monitor commercial buildings, as they house a significant number of people.
"As customers become more conscious of fire prevention issues and beginadhering to strict local regulations, market suppliers will have to offer amore complete and integral service, including a wider range of products," saysFigueroa.
Multi-criterion photo electric detectors, being more complete and multi-functional, are gaining significance due to their extensive applications. Chemical photoelectric varieties that detect the presence of gases in the environment have great potential in the market.
Fire and smoke detectors are evolving toward cooperative sensing, by whichdifferent sensors in a detector synergize with each other to make sure theyconcur in all the signals to avoid false alarms. The integration of fire and smoke detection systems with other security systems such as access control is likely to further enhance the market.