Global Smoke Detector Market Size, Share & Industry Trends Analysis Report By Installation Type (Hardwired, and Battery-operated), By Product Type (Photoelectric, Ionization, Dual Sensor, and Others), By End User, By Regional Outlook and Forecast, 2023 -

Global Smoke Detector Market Size, Share & Industry Trends Analysis Report By Installation Type (Hardwired, and Battery-operated), By Product Type (Photoelectric, Ionization, Dual Sensor, and Others), By End User, By Regional Outlook and Forecast, 2023 - 2030

The Global Smoke Detector Market size is expected to reach $3.8 billion by 2030, rising at a market growth of 8.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 67,514.4 thousand Units experiencing a growth of 8.0% (2019-2022).

Regulations governing commercial and industrial spaces often require fire safety systems, including smoke detectors. These requirements address the risks associated with larger spaces, valuable assets, and complex operations. Therefore, Commercial segment generated $619.4 million revenue in the market in 2022. Some governments provide incentives, grants, or subsidies to support the implementation of safety measures, including installing smoke detectors. As a result, these initiatives contribute to the positive impact of regulations on market growth.

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In March, 2022, Hochiki Corporation launched the SOC-E3N, a new generation conventional photoelectric smoke detector. The launched product would include Hochiki’s unique High-Performance photoelectric smoke chamber eliminating the need to use Ionisation Detectors in the majority of applications. Moreover, In September, 2019, ABB Group introduced a new Alarm-Stick, which combines ABB’s smoke, heat, and carbon monoxide detectors into ABB-free@home. The launched product would connect to the ABB-free@home System Access Point via USB and communicate wirelessly to the detectors, using the VdS 3515 certified detector protocol, making the integration process extremely easy.

Based on the Analysis presented in the KBV Cardinal matrix; Google LLC (Alphabet Inc.) is the major forerunner in the Market. Companies such as Honeywell International, Inc., Johnson Controls International PLC and Siemens AG are some of the key innovators in the Market. In March, 2023, Honeywell International, Inc. released NOTIFIER INSPIRE, a fire alarm system with UL-approved self-testing smoke detectors. The launched product would be created to create a safer building environment by increasing facility managers' awareness of system needs while equipping service providers with digital self-testing tools that streamline maintenance and help regulatory compliance and system uptime.

Market Growth Factors

Increasing population and rapid urbanization

Rapid urbanization often leads to increased infrastructure development, including residential buildings, commercial complexes, and industrial facilities. As urban areas expand, there is a heightened demand for fire safety solutions, including smoke detectors, to protect both lives and property. Urbanization is associated with higher population density in cities, leading to the construction of multifamily residences, office buildings, and commercial establishments. The concentrated presence of people and valuable assets necessitates installing effective fire detection systems. Thus, the increasing population and rapid urbanization have created a conducive environment for the growth of the market.

Growing technological innovations in the smoke detector

Wireless smoke detectors offer easier installation and flexibility in placement. These devices can convey with each other wirelessly, forming a network that provides comprehensive coverage. Wireless connectivity also simplifies integration with broader smart home or building automation systems. Technological advancements enable smoke detectors to be interconnected, meaning that if one detector in a system detects smoke, all interconnected detectors sound alarms. This feature improves the speed of response and ensures that occupants throughout a building are alerted, enhancing overall safety. Thus, technological advancements expand the market growth in the coming years.

Market Restraining Factors

Complications associated with the installation of smoke detector

Integrating smoke detectors with existing building infrastructure can be complicated, especially in older structures. Retrofitting systems to meet modern safety standards may involve significant modifications, impacting the cost and complexity of installation. Ensuring a stable and reliable power supply for smoke detectors is crucial. Complications may arise if frequent power outages or battery-operated detectors are not properly maintained and monitored. Due to such factors, market growth is expected to decline.

Installation Type Outlook

By installation type, the market is segmented into battery-operated and hardwired. In 2022, the hardwired segment dominated the market with the maximum revenue share. Hardwired smoke detectors are connected to the building's electrical wiring, which provides a continuous power supply. This eliminates the need for periodic battery replacements, ensuring the smoke detector is always operational. Hardwired smoke detectors can be integrated into broader fire alarm and security systems. Integration permits centralized monitoring and control, providing a comprehensive approach to building safety. Modern hardwired smoke detectors may come with advanced components, such as differentiating between smoke and steam, wireless connectivity for remote monitoring, and voice alerts.

Product Type Outlook

On the basis of product type, the market is further divided into photoelectric, ionization, dual sensor, and other. The dual sensor smoke detector segment acquired a substantial revenue share in the market in 2022. The dual-sensor approach allows the detector to cross-verify signals from both sensors, making the alarm more reliable and less prone to false positives. The adaptability of dual-sensor detectors makes them suitable for addressing the diverse nature of fire risks in different spaces, providing a flexible solution for comprehensive fire protection. Using dual-sensor detectors can offer assurance that various fire risks are adequately addressed, aligning with regulatory requirements and safety guidelines.

End User Outlook

Based on end user, the market is fragmented into commercial, oil & gas, telecom & IT, automotive, manufacturing, residential, and others. In 2022, the commercial segment registered the highest revenue share in the market. Many jurisdictions and building codes mandate the installation of smoke detectors in commercial buildings. Compliance with these rules is not only a legal requirement but also essential for ensuring the safety of occupants and minimizing liability for property owners and managers. Advanced smoke detection systems often come with 24/7 monitoring capabilities. This allows for continuous surveillance, immediate detection of any anomalies, and rapid response to potential fire threats, even when the commercial space is unoccupied.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region witnessed the largest revenue share in the market. Governments are taking several steps in the form of various stringent policies to curb the number of accidental fires, especially in the residential sector; as per the National Fire Protection Association (NFPA), U. S., approximately three out of every five home fire deaths were caused by fires in homes with no working smoke alarms (16%) or no smoke alarms (41%). These statistics encourage customers to opt for the smoke and fire alarm procedure in their residential and commercial premises.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hochiki Corporation, Honeywell International, Inc., Ceasefire Industries Pvt. Ltd., Johnson Controls International PLC, Google LLC (Alphabet Inc.), ABB Group, Robert Bosch GmbH, Secom Co. Ltd., Schneider Electric SE, and Siemens AG.

Recent Strategies Deployed in Smoke Detector Market

Mergers & Acquisition

Dec-2021: Honeywell International, Inc. took over US Digital Designs, Inc., a Tempe, Ariz.-based company. This acquisition aimed to combine Honeywell's Fire and Connected Life Safety systems business and would expand Honeywell's line of solutions for public safety communications, offering first responders better situational awareness of building emergencies and improved life safety.

Nov-2021: Robert Bosch GmbH acquired Protec Fire and Security Group Ltd., an amalgamation of companies worldwide offering core life safety and security systems. This acquisition aimed to empower Bosch Building Technologies’ European business.

Dec-2019: Honeywell International, Inc. completed the acquisition of Rebellion Photonics, a Houston-based provider of innovative, intelligent, visual gas monitoring solutions. This acquisition aimed to offer a wide range of gas detection technologies, safety gear, mobility solutions, and software to help workers stay safe and productive.

Partnerships, Collaborations & Agreements

Jan-2023: Honeywell International, Inc. expanding its partnership with Nexceris, a developer of Li-ion Tamer lithium-ion gas detection solutions. This partnership aimed to provide advanced automotive sensing technology to support and prevent conditions leading to thermal runaway in EV batteries, a phenomenon that causes extremely high temperatures within the battery cell and could result in a fire.

Nov-2021: Honeywell International, Inc. signed an agreement with NeoCortec, a manufacturer of ultra-low-power bi-directional wireless mesh network modules. This agreement aimed to create wireless fire detection devices that would provide higher reliability, ease of installation and commissioning, and competitive cost of ownership.

Product Launches and Product Expansions

Jul-2023: Johnson Controls International PLC rolled out Autocall Foundation Series fire detection systems for small to mid-size building protection. The launched product would offer all the benefits and reliability of Autocall fire detection systems to the customers in a simple, economical, and effective package.

Jun-2023: Johnson Controls International PLC unveiled the FireClass line, an essential fire alarm control panel. The launched product series would offer accessible and reliable fire detection solutions specifically tailored for small commercial properties such as schools, restaurants, shops, and medical clinics.

Mar-2023: Johnson Controls International PLC launched IQ Pro Hybrid Security Panel, purpose-built for intrusion protection in commercial buildings, large residential facilities, campuses, and K-12 markets. The launched product would help PowerG’s advanced sensor technology with an industry-leading wireless range and an extensive portfolio of life safety and security devices.

Mar-2023: Honeywell International, Inc. released NOTIFIER INSPIRE, a fire alarm system with UL-approved self-testing smoke detectors. The launched product would be created to create a safer building environment by increasing facility managers' awareness of system needs while equipping service providers with digital self-testing tools that streamline maintenance and help regulatory compliance and system uptime.

Jan-2023: Siemens AG launched FDA261 and FDA262, the two new aspirating smoke detectors. The launched product would serve particularly challenging fire safety installations that would extend over wide areas, such as large data centers, e-commerce warehouses, or industrial manufacturing sites.

Sep-2022: Honeywell International, Inc. rolled out VESDA-E, a line of aspirating smoke detectors. The launched product would have a unique five-in-one IAQ sensor within a single box, which could help enhance building safety by identifying life safety, asset protection, or IAQ issues before they escalate into problems.

Aug-2022: Honeywell International, Inc. introduced the launch of the Morley MAx fire detection and alarm system, that would help improve building and occupant safety. The launched product would provide installers and end users with a technically advanced array of functions that are easy to install, commission, and maintain.

Mar-2022: Hochiki Corporation launched the SOC-E3N, a new generation conventional photoelectric smoke detector. The launched product would include Hochiki’s unique High-Performance photoelectric smoke chamber eliminating the need to use Ionisation Detectors in the majority of applications.

Oct-2021: Siemens AG unveiled FDA241, an aspirating smoke detector. The launched product could detect smoldering or off-gas particles up to five times earlier than competitive spot detectors, reducing the risk of thermal runaway in a lithium-ion battery energy storage system.

Sep-2019: ABB Group introduced a new Alarm-Stick, which combines ABB’s smoke, heat, and carbon monoxide detectors into ABB-free@home. The launched product would connect to the ABB-free@home System Access Point via USB and communicate wirelessly to the detectors, using the VdS 3515 certified detector protocol, making the integration process extremely easy.

Scope of the Study

Market Segments covered in the Report:

By Installation Type (Volume, Thousand Units, USD Billion, 2019-2030)

• Hardwired
• Battery-operated

By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)

• Photoelectric
• Ionization
• Dual Sensor
• Others

By End User (Volume, Thousand Units, USD Billion, 2019-2030)

• Commercial
• Oil & Gas
• Residential
• Manufacturing
• Telecom & IT
• Automotive
• Others

By Geography (Volume, Thousand Units, USD Billion, 2019-2030)

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Singapore
• Malaysia
• Rest of Asia Pacific
• LAMEA
• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• Hochiki Corporation
• Honeywell International, Inc.
• Ceasefire Industries Pvt. Ltd.
• Johnson Controls International PLC
• Google LLC (Alphabet Inc.)
• ABB Group
• Robert Bosch GmbH
• Secom Co. Ltd.
• Schneider Electric SE
• Siemens AG

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