Global Smoke Detectors Market Forecast 2023-2032

Global Smoke Detectors Market Forecast 2023-2032

KEY FINDINGS

The global smoke detectors market is expected to record a CAGR of 8.31% during the forecast period, 2023-2032. 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


1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.5. Major Market Findings
2.5.1. Emergence Of Smart Smoke Detectors
2.5.2. Integration Of Advanced Technologies In Smoke Detectors
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increasing Fire Safety Concerns
3.1.2. Growing Awareness About Smoke Detectors’ Benefits
3.1.3. Rising Fire Incidences
3.2. Key Restraints
3.2.1. Expensive Smart Smoke Detectors
3.2.2. Disadvantages Of Smoke Detectors
4. Key Analytics
4.1. Key Market Trends
4.2. Porter’s Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping
4.4. Market Maturity Analysis
4.5. Market Concentration Analysis
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. Other Power Sources
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. North America Smoke Detectors Market Drivers
8.1.3. North America Smoke Detectors Market Challenges
8.1.4. Key Players In North America Smoke Detectors Market
8.1.5. Country Analysis
8.1.5.1. United States
8.1.5.1.1. United States Smoke Detectors Market Size & Opportunities
8.1.5.2. Canada
8.1.5.2.1. Canada Smoke Detectors Market Size & Opportunities
8.2. Europe
8.2.1. Market Size & Estimates
8.2.2. Europe Smoke Detectors Market Drivers
8.2.3. Europe Smoke Detectors Market Challenges
8.2.4. Key Players In Europe Smoke Detectors Market
8.2.5. Country Analysis
8.2.5.1. United Kingdom
8.2.5.1.1. United Kingdom Smoke Detectors Market Size & Opportunities
8.2.5.2. Germany
8.2.5.2.1. Germany Smoke Detectors Market Size & Opportunities
8.2.5.3. France
8.2.5.3.1. France Smoke Detectors Market Size & Opportunities
8.2.5.4. Italy
8.2.5.4.1. Italy Smoke Detectors Market Size & Opportunities
8.2.5.5. Spain
8.2.5.5.1. Spain Smoke Detectors Market Size & Opportunities
8.2.5.6. Belgium
8.2.5.6.1. Belgium Smoke Detectors Market Size & Opportunities
8.2.5.7. Poland
8.2.5.7.1. Poland Smoke Detectors Market Size & Opportunities
8.2.5.8. Rest Of Europe
8.2.5.8.1. Rest Of Europe Smoke Detectors Market Size & Opportunities
8.3. Asia-pacific
8.3.1. Market Size & Estimates
8.3.2. Asia-pacific Smoke Detectors Market Drivers
8.3.3. Asia-pacific Smoke Detectors Market Challenges
8.3.4. Key Players In Asia-pacific Smoke Detectors Market
8.3.5. Country Analysis
8.3.5.1. China
8.3.5.1.1. China Smoke Detectors Market Size & Opportunities
8.3.5.2. Japan
8.3.5.2.1. Japan Smoke Detectors Market Size & Opportunities
8.3.5.3. India
8.3.5.3.1. India Smoke Detectors Market Size & Opportunities
8.3.5.4. South Korea
8.3.5.4.1. South Korea Smoke Detectors Market Size & Opportunities
8.3.5.5. Indonesia
8.3.5.5.1. Indonesia Smoke Detectors Market Size & Opportunities
8.3.5.6. Thailand
8.3.5.6.1. Thailand Smoke Detectors Market Size & Opportunities
8.3.5.7. Vietnam
8.3.5.7.1. Vietnam Smoke Detectors Market Size & Opportunities
8.3.5.8. Australia & New Zealand
8.3.5.8.1. Australia & New Zealand Smoke Detectors Market Size & Opportunities
8.3.5.9. Rest Of Asia-pacific
8.3.5.9.1. Rest Of Asia-pacific Smoke Detectors Market Size & Opportunities
8.4. Rest Of World
8.4.1. Market Size & Estimates
8.4.2. Rest Of World Smoke Detectors Market Drivers
8.4.3. Rest Of World Smoke Detectors Market Challenges
8.4.4. Key Players In Rest Of World Smoke Detectors Market
8.4.5. Regional Analysis
8.4.5.1. Latin America
8.4.5.1.1. Latin America Smoke Detectors Market Size & Opportunities
8.4.5.2. Middle East & Africa
8.4.5.2.1. Middle East & Africa Smoke Detectors Market Size & Opportunities
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Acquisitions
9.1.2. Divestitures
9.2. Company Profiles
9.2.1. Abb Limited
9.2.1.1. Company Overview
9.2.1.2. Products / Services List
9.2.1.3. Strengths & Challenges
9.2.2. Brk Brands Inc (Acquired By Resideo Technologies Inc)
9.2.2.1. Company Overview
9.2.2.2. Products / Services List
9.2.2.3. Strengths & Challenges
9.2.3. Carrier Global Corporation
9.2.3.1. Company Overview
9.2.3.2. Products / Services List
9.2.3.3. Strengths & Challenges
9.2.4. Ceasefire Industries Pvt Ltd
9.2.4.1. Company Overview
9.2.4.2. Products / Services List
9.2.4.3. Strengths & Challenges
9.2.5. Google Nest (Google)
9.2.5.1. Company Overview
9.2.5.2. Products / Services List
9.2.5.3. Strengths & Challenges
9.2.6. Hochiki Corporation
9.2.6.1. Company Overview
9.2.6.2. Products / Services List
9.2.6.3. Strengths & Challenges
9.2.7. Honeywell International Inc
9.2.7.1. Company Overview
9.2.7.2. Products / Services List
9.2.7.3. Strengths & Challenges
9.2.8. Huawei Technologies Co Ltd
9.2.8.1. Company Overview
9.2.8.2. Products / Services List
9.2.8.3. Strengths & Challenges
9.2.9. Johnson Controls International Plc
9.2.9.1. Company Overview
9.2.9.2. Products / Services List
9.2.9.3. Strengths & Challenges
9.2.10. Protec Fire And Security Group Ltd
9.2.10.1. Company Overview
9.2.10.2. Products / Services List
9.2.10.3. Strengths & Challenges
9.2.11. Robert Bosch Gmbh
9.2.11.1. Company Overview
9.2.11.2. Products / Services List
9.2.11.3. Strengths & Challenges
9.2.12. Schneider Electric
9.2.12.1. Company Overview
9.2.12.2. Products / Services List
9.2.12.3. Strengths & Challenges
9.2.13. Secom Co Ltd
9.2.13.1. Company Overview
9.2.13.2. Products / Services List
9.2.13.3. Strengths & Challenges
9.2.14. Siemens Ag
9.2.14.1. Company Overview
9.2.14.2. Products / Services List
9.2.14.3. Strengths & Challenges

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