Xtralis Sees the Largest Market Share Growth for Fire Detectors Market Globally for the 8th Year in a Row

 Xtralis ^® , the pioneer of very early warning aspirating smoke detectors, continues to grow market share according to the latest IHS Technology report titled “ The World Market for Fire Detection and Suppression Products – 2014 Edition .”  The measure of fire detector manufacturers shows Xtralis rose from #7 in 2006 to #4 in 2013 with a 6.3% global market share, up from 5% in 2006. Xtralis continues to have a significant lead in the aspirating smoke detection (ASD) category of fire detectors, with an estimated 61.3% market share, up over 15% from 2006 levels. That share does not include China, where Xtralis believes its market share exceeds 80% from sales of its VESDA, ICAM, and FMST ASD products.

Xtralis manufactures VESDA ^® and ICAM™ ASDs globally, and FMST™ ASDs in China. According to the IHS Technology report, the ASD market will see a 2013-2018 compound annual growth rate (CAGR) of 8.7%, tops among all fire detector types. Xtralis offers ECO — a gas detection module for VESDA & ICAM detectors, enabling multi-sensor capabilities, and OSID — a dual wavelength beam detector designed for large open areas. IHS expects the world-wide Multi-Sensor and Beam markets to see 7.0% and 6.5% CAGR over the same period, positioning Xtralis ECO and OSID products for rapid growth.