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Global Smoke Detectors Market Forecast 2022-2030

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    • ABB LIMITED
    • BRK BRANDS INC
    • CARRIER GLOBAL CORPORATION
    • CEASEFIRE INDUSTRIES PVT LTD
    • GOOGLE NEST(GOOGLE)
    • HOCHIKI CORPORATION
    • HONEYWELL INTERNATIONAL INC
    • HUAWEI TECHNOLOGIES CO LTD
    • JOHNSON CONTROLS INTERNATIONAL
    • PROTEC FIRE & SECURITY GROUP LTD
    • ROBERT BOSCH GMBH
    • SCHNEIDER ELECTRIC
    • SECOM CO LTD
    • SIEMENS AG
LSH 22.07.19

KEY FINDINGS

The global smoke detectors market is expected to record a CAGR of 7.70% during the forecast period, 2022-2030. The growing awareness regarding the benefits of smoke detectors, the increasing fire incidences, and the rising fire safety concerns drive market growth.

MARKET INSIGHTS

A smoke detector is an electronic fire-protection device that detects smoke as a primary indication of fire. It produces a visual and audible signal locally in a room or signals a fire alarm system in a large building.

The rising greenhouse gas emissions have led to increased global temperatures, thereby raising the risk of fires globally. Therefore, fires are increasingly prevalent worldwide. Also, according to Verisk, there were over 2 million properties at extreme wildfire risk in 2021 in California.

Further, almost three-quarters of all fire fatalities occur in residential dwellings. Fires kill around 5,500 Americans on average annually. As per the European Fire Safety Alliance, approximately 5000 deaths occur in Europe due to house fires. Accordingly, the growing fire incidences globally have highlighted the need for smoke detectors. As a result, the rising demand for smoke detectors propels the global smoke detectors market growth. However, the market growth is restrained by the high costs of smoke detectors.

REGIONAL INSIGHTS

The global smoke detectors market growth assessment includes the geographical evaluation of North America, Asia-Pacific, Europe, and Rest of World. Asia-Pacific is the fastest-growing region in the global market, attributed to the emerging trend of smart buildings and homes and the rising consumption of internet services.

COMPETITIVE INSIGHTS

The competitive rivalry is high due to companies with large product portfolios. Some of the prominent market players are Ceasefire Industries Pvt Ltd, BRK Brands Inc, Carrier Global Corporation, Google Nest (Google), etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation caters to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. KEY DRIVERS
    • 3.1.1. RISING INCIDENCES OF FIRES
    • 3.1.2. GROWING CONCERNS ABOUT FIRE SAFETY
    • 3.1.3. INCREASING AWARENESS REGARDING THE BENEFITS OF SMOKE DETECTORS
  • 3.2. KEY RESTRAINTS
    • 3.2.1. LIMITATIONS OF SMOKE DETECTORS
    • 3.2.2. HIGH COSTS OF SMART SMOKE DETECTORS

4. KEY ANALYTICS

  • 4.1. IMPACT OF COVID-19 ON SMOKE DETECTORS MARKET
  • 4.2. KEY MARKET TRENDS
  • 4.3. PORTER'S FIVE FORCES ANALYSIS
    • 4.3.1. BUYERS POWER
    • 4.3.2. SUPPLIERS POWER
    • 4.3.3. SUBSTITUTION
    • 4.3.4. NEW ENTRANTS
    • 4.3.5. INDUSTRY RIVALRY
  • 4.4. OPPORTUNITY MATRIX
  • 4.5. VENDOR LANDSCAPE

5. MARKET BY PRODUCT TYPE

  • 5.1. PHOTOELECTRIC
  • 5.2. IONIZATION
  • 5.3. DUAL-SENSOR
  • 5.4. OTHER PRODUCT TYPES

6. MARKET BY POWER SOURCE

  • 6.1. HARDWIRED SMOKE DETECTORS
  • 6.2. BATTERY-POWERED SMOKE DETECTORS
  • 6.3. OTHERS (HARDWIRED WITH BATTERY)

7. MARKET BY END-USER

  • 7.1. COMMERCIAL
  • 7.2. MANUFACTURING
  • 7.3. TELECOMMUNICATION
  • 7.4. RESIDENTIAL
  • 7.5. AUTOMOTIVE
  • 7.6. OIL & GAS
  • 7.7. OTHER END-USERS

8. GEOGRAPHICAL ANALYSIS

  • 8.1. NORTH AMERICA
    • 8.1.1. MARKET SIZE & ESTIMATES
    • 8.1.2. KEY DRIVERS
    • 8.1.3. KEY CHALLENGES
    • 8.1.4. KEY PLAYERS
    • 8.1.5. COUNTRY ANALYSIS
      • 8.1.5.1. UNITED STATES
      • 8.1.5.2. CANADA
  • 8.2. EUROPE
    • 8.2.1. MARKET SIZE & ESTIMATES
    • 8.2.2. KEY DRIVERS
    • 8.2.3. KEY CHALLENGES
    • 8.2.4. KEY PLAYERS
    • 8.2.5. COUNTRY ANALYSIS
      • 8.2.5.1. UNITED KINGDOM
      • 8.2.5.2. GERMANY
      • 8.2.5.3. FRANCE
      • 8.2.5.4. ITALY
      • 8.2.5.5. SPAIN
      • 8.2.5.6. BELGIUM
      • 8.2.5.7. POLAND
      • 8.2.5.8. REST OF EUROPE
  • 8.3. ASIA-PACIFIC
    • 8.3.1. MARKET SIZE & ESTIMATES
    • 8.3.2. KEY DRIVERS
    • 8.3.3. KEY CHALLENGES
    • 8.3.4. KEY PLAYERS
    • 8.3.5. COUNTRY ANALYSIS
      • 8.3.5.1. CHINA
      • 8.3.5.2. JAPAN
      • 8.3.5.3. INDIA
      • 8.3.5.4. SOUTH KOREA
      • 8.3.5.5. INDONESIA
      • 8.3.5.6. THAILAND
      • 8.3.5.7. VIETNAM
      • 8.3.5.8. AUSTRALIA & NEW ZEALAND
      • 8.3.5.9. REST OF ASIA-PACIFIC
  • 8.4. REST OF WORLD
    • 8.4.1. MARKET SIZE & ESTIMATES
    • 8.4.2. KEY DRIVERS
    • 8.4.3. KEY CHALLENGES
    • 8.4.4. REGIONAL ANALYSIS
      • 8.4.4.1. LATIN AMERICA
      • 8.4.4.2. MIDDLE EAST & AFRICA

9. COMPETITIVE LANDSCAPE

  • 9.1. KEY STRATEGIC DEVELOPMENTS
    • 9.1.1. MERGERS & ACQUISITIONS
    • 9.1.2. DIVESTITURES
  • 9.2. COMPANY PROFILES
    • 9.2.1. ABB LIMITED
    • 9.2.2. BRK BRANDS INC
    • 9.2.3. CARRIER GLOBAL CORPORATION
    • 9.2.4. CEASEFIRE INDUSTRIES PVT LTD
    • 9.2.5. GOOGLE NEST (GOOGLE)
    • 9.2.6. HOCHIKI CORPORATION
    • 9.2.7. HONEYWELL INTERNATIONAL INC
    • 9.2.8. HUAWEI TECHNOLOGIES CO LTD
    • 9.2.9. JOHNSON CONTROLS INTERNATIONAL
    • 9.2.10. PROTEC FIRE & SECURITY GROUP LTD
    • 9.2.11. ROBERT BOSCH GMBH
    • 9.2.12. SCHNEIDER ELECTRIC
    • 9.2.13. SECOM CO LTD
    • 9.2.14. SIEMENS AG
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