Increase in expenditure on the protection of assets from fire hazards is contributing to the growth of the fire protection equipment market. Moreover, increasing awareness in combating fire hazards along with considerable growth in building of infrastructures is also fueling this market. Therefore, this market has witness traction in the fields of the banking, retail, energy and power, healthcare, government, and mining among others. Organizations across the globe have remarkably increased their spending on fire protection to safeguard their infrastructure and also to reduce human losses. Technologies, such as smart building, human machine interface solutions, nanotechnology, and wireless sensory networks are expected to enter in the fire protection systems market. Newly innovated advanced sensors, that provide accurate data to the control units, have been developed. Intelligent sensors possessing networking capabilities, in a group of detectors and sensors can easily communicate through control units that help in achieving more efficiency in the systems. Distant users are now able to access these intelligent detectors and sensors by connecting through WAN/LAN networks.