The findings analyzed by GME stated that the Global Fire Alarm and Detection Market would grow at a CAGR value of 8.5 percent from 2021 to 2026. Fire alarm and detection systems have become one of the most significant priorities among various verticals and sectors. Increasing commercialization, industrialization, and urbanization have increased the usage of various electronic devices and other equipment based on power and electricity, and thus increasing the risk of fire accidents. Hence, there is a subsequent demand witnessed for fire alarms and detection systems which will help propel the growth of the market