Global Smoke Detector Market, By Power Source (Battery Powered, Harwired With Battery Backup and Hardwired Without Battery Backup), Product Type (Photoelectric Smoke Detector, Ionization Smoke Detector, Dual Sensor Smoke Detector, Codes and Standards Related to Smoke Detectors and Others), Service (Engineering Services, Installation and Design Services, Maintenance Services, Managed Services and Other Services), End-User Industry (Commercial, Residential, Oil, Gas and Mining, Transportation and Logistics, Telecommunication, Manufacturing and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Smoke detector market is expected to grow at a CAGR of 9.01% in the forecast period of 2020 to 2027. Data Bridge Market Research report on smoke detector market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Smoke detector is a system capable of detecting smoke, providing an indicator of potential fire, thereby providing protection for resident and commercial citizens. Smoke detector sends a signal to a fire alarm control panel in the case of commercial and residential defence, whereas household smoke detector popularly known as smoke alarm provides audible or visual warning from the detecting device itself.
Increasing government support and initiatives, increased expenditure on fire-related things of various enterprise and increasing deaths and loss of properties and advancements and innovations in technology of smoke detectors and their networking are the factors driving the growth of the smoke detector market. High costs imposed on replacement of traditional smoke detectors with smart smoke detectors are restraining the smoke detector market. Smoke detector technology is developing with the help of Internet of Things rapidly acts as an opportunity. Disposing smoke detector properly is difficult which is a challenge faced by the smoke detector market.
This smoke detector market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research smoke detector market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Smoke Detector Market Scope and Market Size
Smoke detector market is segmented on the basis of power source, product type, service and end-user industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on power source, smoke detector market is segmented into battery powered, harwired with battery backup and hardwired without battery backup. Harwired with battery backup is sub-segmented into hardwire inter-connectable smoke detector with battery back-up and hardwire wireless inter-connectable smoke detector with battery back-up.
- Based on product type, smoke detector market is segmented into photoelectric smoke detector, ionization smoke detector, dual sensor smoke detector, codes and standards related to smoke detectors and others.
- Based on service, smoke detector market is segmented into engineering services, installation and design services, maintenance services, managed services and other services.
- Based on end-user industry, smoke detector market is segmented into commercial, residential, oil, gas and mining, transportation and logistics, telecommunication, manufacturing and others. Commercial is sub-segmented into academia and institutional, retail, healthcare, hospitality and banking, financial services, and insurance (BFSI).
Smoke Detector Market Country Level Analysis
Smoke detector market is analysed and market size, volume information is provided by country, power source, product type, service and end-user industry as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America will dominate the smoke detector market because of the high demand for smoke detector is mainly attributed to the rising number of deaths caused by fire. Responsible for market growth in this area is the growing government rules and regulations to safeguard building occupants from fire incidents by installing smoke detectors.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smoke Detector Market Share Analysis
Smoke detector market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smoke detector market.
The major players covered in the smoke detector market report are United Technology Corporation, Johnson Controls, Honeywell International, Inc., Siemens, Hochiki Corporation, Bosch Limited, BRK BRANDS Inc., Best Technologies Corp., Schneider Electric, Kidde-Fenwal, Inc., Hitachi , Ltd., Gentex Corporation, MIRCOM, MSA, Emerson Electric Co., Universal Security Instruments, Inc., Huawei Technologies Co. Ltd, Xtralis Pty Ltd., ABB, NEC CORPORATION among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Smoke Detector Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.