Leading Smoke Detector End Use Markets Databank
The Smoke Detector market was valued at $1,900.0 Million in 2020, and is projected to reach $3,320.1 Million by 2029 growing at a CAGR of 6.44% from 2021 to 2029. Commercial segment is expected to be the highest contributor to this market, with $1,199.4 Million in 2020, and is anticipated to reach $2,102.4 Million by 2029, registering a CAGR of 6.48%. Industrial segment is anticipated to reach $950.5 Million by 2029 with the highest CAGR of 6.49%. Commercial and Industrial segments collectively expected to account for about 91.6% share of the Smoke Detector market in 2020, with the former constituting around 63.1% share. Industrial and Commercial segments are expected to witness significant growth rates at a CAGR of 6.49% and 6.48% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 91.6% in the overall Smoke Detector market in 2020, and is anticipated to reach 92.0% by 2029.
- 1. GLOBAL SMOKE DETECTOR MARKET, BY END USE
- 1.1. OVERVIEW
- 1.2. COMMERCIAL
- 1.2.1 COMMERCIAL MARKET, BY REGION
- 1.2.1.1 North America Commercial Market, By Country
- 1.2.1.2 Europe Commercial Market, By Country
- 1.2.1.3 Asia-Pacific Commercial Market, By Country
- 1.2.1.4 Rest of World Commercial Market, By Country
- 1.3. INDUSTRIAL
- 1.3.1 INDUSTRIAL MARKET, BY REGION
- 1.3.1.1 North America Industrial Market, By Country
- 1.3.1.2 Europe Industrial Market, By Country
- 1.3.1.3 Asia-Pacific Industrial Market, By Country
- 1.3.1.4 Rest of World Industrial Market, By Country
- 1.4. RESIDENTIAL
- 1.4.1 RESIDENTIAL MARKET, BY REGION
- 1.4.1.1 North America Residential Market, By Country
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