Product Launch (Blog)

Feb, 25 2022

Global Smoke Detector Market is Expected to grow at 8.7% in the Forecast Period of 2021 to 2028

Global Smoke Detector Market is forecasted to grow at 8.7% with factor such as increasing adoption of smart smoke detectors and stringent government regulations for fire protection and fire detection.

Smoke detector market has shown an exceptional penetration in countries such as U.S. as the demand for smart homes and buildings is boosting the growth in developed countries. In developing countries, rising adoption of IoT technology in smoke detector is creating opportunity for the global smoke detector market.

Smoke detector Market Scenario

According to Data Bridge Market Research, the market for global smoke detector in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Johnson Controls, which accounts an estimated market share of approximately 10% to 20% in the global market. The company has gained outstanding sale by providing smoke detector products.

For instance,

  • In November 2020, Johnson Controls launched a Smart Fire Sprinkler Monitoring Solution. This new solution will monitor and detect breakout of fire using smart sensors distributed across the building and control the fire outbreak using water sprinklers. This was first of its kind as this solution provides all round early detection and security. This product can help in gaining trust of the customers with the early detection feature which will help in expansion of market for the company.

Smoke Detector Market

Trends Impacting the Market

Now the question is which other regions Johnson Controls, Carrier, and Emerson Electric Co. are targeting? Data Bridge Market Research has forecasted a large growth in North America smoke detector market and the market leaders targeting U.S. and Canada to be their next pocket revenue for 2021.

The smoke detectors are becoming more competitive every year with companies Johnson Controls, Carrier, and Emerson Electric Co., as they are the market leaders for smoke detector. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the smoke detector market.

For more analysis on the smoke detector request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-smoke-detector-market

Smoke detector Market Development

  • In July 2020, Carrier through its brand Kidde announced launch of New Multi-Criteria Smoke Detector, Achieves Early Compliance to 2021 UL Safety Standard. This UL standard incorporates three new tests, including a cooking nuisance alarm test and two polyurethane foam tests. These new tests better represent the smoke profiles and behaviour of modern building fires and are designed to give building occupants enough time to abandon safely. This has helped the company to enhance their offerings in the market.

Scope of the Smoke Detector Market

All country based analysis of global smoke detector market is further analysed based on maximum granularity into further segmentation. On the basis of power source, the smoke detector market is segmented into battery powered, hardwired with battery backup and hardwired without battery backup. On the basis of product type, the global smoke detector market has been segmented into photoelectric smoke detector, ionization smoke detector, dual sensor smoke detector and others. On the basis of service, global smoke detector market has been segmented into engineering services, installation and design services, maintenance services, managed services and other services. On the basis of end use, global smoke detector market has been segmented into commercial, residential, oil & gas and mining, transportation and logistics, telecommunication, manufacturing and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-smoke-detector-market

Key Pointers Covered in Smoke Detector Market Industry Trends and Forecast to 2028

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Market Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Honeywell International Inc.
  • Siemens,
  • ABB
  • Schneider Electric
  • Carrier
  • Analog Devices, Inc.
  • Emerson Electric Co.
  • Robert Bosch GmbH
  • Apollo Fire Detectors Ltd. (A subsidiary of a Halma Company)
  • Mircom Group of Companies.
  • BRK Brands, Inc
  • Johnson Controls
  • HOCHIKI Corporation.
  • SECOM CO., LTD
  • Protec Fire & Security Group Ltd
  • ADT INC
  • Securiton AG
  • Universal Security Instruments, Inc.
  • GENTEX CORPORATION
  • Argus Spectrum International

Above are the key players covered in the report, to know about more and exhaustive list of smoke detector companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-smoke-detector-market

Research Methodology: Global Smoke Detector Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Managers, Directors, Government, Fire protection Companies, safety provider giants
  • Supply Side: Service Providers, Smoke detector Companies, Marketing Managers, Logistics Managers, C-Level Executives and Market Intelligence, among others.

Related Reports

Browse in ICT Category Related Reports@ https://www.databridgemarketresearch.com/report-category/information-and-communication-technology


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