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Detection market catches fire

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Laser-based aspirating smoke detectors (ASDs) and multisensor detectors are forecast to see the fastest global growth in the fire detection industry over the next few years, according to IMS Research. The market research company predicts compound annual growth rates of 9 percent for ASDs and 7.3 percent for multisensors from 2011 to 2016. “It’s an exciting time for fire detection technology,” said Adi Pavlovic, IMS Research analyst and report author. “The current market is seeing growth in multiple young technologies that are gaining traction.” The...Read full article

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    Published: November 2012
    BusinessCommunicationsindustriallight speedSensors & Detectors

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