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Thursday, July 6, 2023

Lucintel Forecasts Satellite-Based Fire Detector Market to Reach $54.4 Billion by 2028

According to the recent study the satellite-based fire detector market is projected to reach an estimated $54.4 billion by 2028 from $27.3 billion in 2023, at a CAGR of 14.8% from 2023 to 2028. Growth in this market is primarily driven by the increasing use of these detectors to identify active wildfires automatically.

A more than 150–page report is developed to understand trends, opportunities and forecast in satellite-based fire detector market by product (smoke detectors, heat detectors, and others), application (commercial, public institutions, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/satellite-based-fire-detector-market.aspx

“Heat detectors market is expected to remain the largest segment during the forecast period.”

Based on product, the satellite-based fire detector market is segmented into smoke detectors, heat detectors, and others. Lucintel forecasts that the heat detectors market is expected to remain the largest segment due to its built-in algorithms the satellite detector can easily identify fire present with brightness temperature band.

“Europe will dominate the satellite-based fire detector market in near future.”

Europe is expected to witness the highest growth over the forecast period due to increasing government regulations and growing usage of satellite-based fire detectors in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/satellite-based-fire-detector-market.aspx.

Major players of satellite-based fire detector market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. NASA, Honeywell, OroraTech, Remote Sensing Solutions, and Forestfire.Tech are among the major satellite-based fire detector providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/satellite-based-fire-detector-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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