Asia-pacific Smoke Detector Market 2023-2030
MARKET OUTLOOK
A study by Triton Market Research indicates the smoke detector market in the Asia-Pacific would progress with a CAGR of 9.56% in the forecast years between 2023 and 2030. South Korea, Japan, India, ASEAN countries, China, Australia & New Zealand, and Rest of Asia-Pacific are scrutinized in the market in this region.
New Zealand has strong laws in place pertaining to fire safety and smoke detection systems. The New Zealand Building Code mandates the installation of a smoke detector in every escape route as well as within 3 meters of every sleeping space door.
Also, the country’s main firefighting and emergency services body, recommends a smoke alarm to be put up in every living area, hallway, and bedroom, on every floor of houses. Such laws are fueling the growth of the smoke detector market.
Data from the National Crime Records Bureau (NCRB) suggests that nearly 35 people die in India every day as a result of fire accidents. This has necessitated the adoption of fire safety measures, and, in turn, enhanced the demand for smoke detectors.
Meanwhile, residential building construction is expected to witness a significant rebound and significant growth over the next decade, thanks to rising demand for housing, supportive policies by the Indian government, and the development of smart cities. These developments will further contribute to the enhanced adoption of smoke detectors, and, consequently, drive the market growth over the forthcoming years.
COMPETITIVE OUTLOOK
The notable companies in the smoke detector market are Google Nest (Google), Carrier Global Corporation, Ceasefire Industries Pvt Ltd, Schneider Electric, BRK Brands Inc (acquired by Resideo Technologies Inc), Secom Co Ltd, and Hochiki Corporation.
- 1. Asia-pacific Smoke Detector Market – Summary
- 2. Industry Outlook
- 2.1. Impact Of Covid-19 On The Smoke Detector Market
- 2.2. Porter’s Five Forces Analysis
- 2.2.1. Threat Of New Entrants
- 2.2.2. Threat Of Substitutes
- 2.2.3. Bargaining Power Of Buyers
- 2.2.4. Bargaining Power Of Suppliers
- 2.2.5. Threat Of Competitive Rivalry
- 2.3. Market Maturity Analysis
- 2.4. Market Attractiveness Index
- 2.5. Key Market Strategies
- 2.5.1. Acquisitions
- 2.5.2. Divestitures
- 2.6. Market Drivers
- 2.6.1. Increase In Fire Incidents
- 2.6.2. Increasing Fire Safety Concerns
- 2.6.3. Growing Awareness About The Benefits Of Smoke Detectors
- 2.7. Market Challenges
- 2.7.1. Expensive Smart Smoke Detectors
- 2.7.2. Disadvantages Of Smoke Detectors
- 2.8. Market Opportunities
- 2.8.1. Growing Acceptance Of Smart Smoke Detectors
- 2.8.2. Use Of Laser Smoke Detectors For Early Fire Detection
- 2.9. Analyst Perspective
- 3. Asia-pacific Smoke Detector Market Outlook – By Type
- 3.1. Photoelectric
- 3.2. Ionization
- 3.3. Dual Sensor
- 3.4. Other Types
- 4. Asia-pacific Smoke Detector Market Outlook – By Power Source
- 4.1. Hardwired Smoke Detectors
- 4.2. Battery-powered Smoke Detectors
- 4.3. Others (Hardwired With Battery)
- 5. Asia-pacific Smoke Detector Market Outlook – By End-user
- 5.1. Commercial
- 5.2. Manufacturing
- 5.3. Telecommunication
- 5.4. Residential
- 5.5. Automotive
- 5.6. Oil & Gas
- 5.7. Other End-users
- 6. Asia-pacific Smoke Detector Market – Country Outlook
- 6.1. Country Analysis
- 6.1.1. China
- 6.1.1.1. China Smoke Detector Market Forecast & Prospects
- 6.1.2. Japan
- 6.1.2.1. Japan Smoke Detector Market Forecast & Prospects
- 6.1.3. India
- 6.1.3.1. India Smoke Detector Market Forecast & Prospects
- 6.1.4. South Korea
- 6.1.4.1. South Korea Smoke Detector Market Forecast & Prospects
- 6.1.5. Asean Countries
- 6.1.5.1. Asean Countries Smoke Detector Market Forecast & Prospects
- 6.1.6. Australia & New Zealand
- 6.1.6.1. Australia & New Zealand Smoke Detector Market Forecast & Prospects
- 6.1.7. Rest Of Asia-pacific
- 6.1.7.1. Rest Of Asia-pacific Smoke Detector Market Forecast & Prospects
- 7. Competitive Landscape
- 7.1. Brk Brands Inc (Acquired By Resideo Technologies Inc)
- 7.1.1. Overview
- 7.1.2. Portfolio
- 7.1.3. Key Strengths
- 7.1.4. Key Challenge
- 7.2. Ceasefire Industries Pvt Ltd
- 7.2.1. Overview
- 7.2.2. Portfolio
- 7.2.3. Key Strengths
- 7.2.4. Key Challenge
- 7.3. Carrier Global Corporation
- 7.3.1. Overview
- 7.3.2. Portfolio
- 7.3.3. Key Strengths
- 7.3.4. Key Challenge
- 7.4. Abb Ltd
- 7.4.1. Overview
- 7.4.2. Portfolio
- 7.4.3. Key Strengths
- 7.4.4. Key Challenges
- 7.5. Google Nest (Google)
- 7.5.1. Overview
- 7.5.2. Portfolio
- 7.5.3. Key Strengths
- 7.5.4. Key Challenge
- 7.6. Hochiki Corporation
- 7.6.1. Overview
- 7.6.2. Portfolio
- 7.6.3. Key Strengths
- 7.6.4. Key Challenge
- 7.7. Johnson Controls International Plc
- 7.7.1. Overview
- 7.7.2. Portfolio
- 7.7.3. Key Strengths
- 7.7.4. Key Challenge
- 7.8. Honeywell International Inc
- 7.8.1. Overview
- 7.8.2. Portfolio
- 7.8.3. Key Strengths
- 7.8.4. Key Challenge
- 7.9. Huawei Technologies Co Ltd
- 7.9.1. Overview
- 7.9.2. Portfolio
- 7.9.3. Key Strengths
- 7.9.4. Key Challenges
- 7.10. Robert Bosch Gmbh
- 7.10.1. Overview
- 7.10.2. Portfolio
- 7.10.3. Key Strengths
- 7.10.4. Key Challenge
- 7.11. Secom Co Ltd
- 7.11.1. Overview
- 7.11.2. Portfolio
- 7.11.3. Key Strength
- 7.11.4. Key Challenge
- 7.12. Siemens Ag
- 7.12.1. Overview
- 7.12.2. Portfolio
- 7.12.3. Key Strengths
- 7.12.4. Key Challenge
- 7.13. Schneider Electric
- 7.13.1. Overview
- 7.13.2. Portfolio
- 7.13.3. Key Strengths
- 7.13.4. Key Challenge
- 7.14. Protec Fire And Security Group Ltd
- 7.14.1. Overview
- 7.14.2. Portfolio
- 7.14.3. Key Strengths
- 7.14.4. Key Challenge
- 8. Research Methodology & Scope
- 8.1. Research Scope & Deliverables
- 8.2. Sources Of Data
- 8.3. Research Methodology
- List Of Tables
- Table 1: Asia-pacific Smoke Detector Market, By Country Outlook, 2023-2030 (In $ Million)
- Table 2: List Of Acquisitions
- Table 3: List Of Divestitures
- Table 4: Fire Death Rate By Country (Per 100,000)
- Table 5: Asia-pacific Smoke Detector Market, By Type, 2023-2030 (In $ Million)
- Table 6: Asia-pacific Smoke Detector Market, By Power Source, 2023-2030 (In $ Million)
- Table 7: Asia-pacific Smoke Detector Market, By End-user, 2023-2030 (In $ Million)
- Table 8: Asia-pacific Smoke Detector Market, By Country Outlook, 2023-2030 (In $ Million)
- List Of Figures
- Figure 1: Market Attractiveness Index
- Figure 2: Asia-pacific Smoke Detector Market, By Type, 2022 & 2030 (In %)
- Figure 3: Asia-pacific Smoke Detector Market, By Photoelectric, 2023-2030 (In $ Million)
- Figure 4: Asia-pacific Smoke Detector Market, By Ionization, 2023-2030 (In $ Million)
- Figure 5: Asia-pacific Smoke Detector Market, By Dual Sensor, 2023-2030 (In $ Million)
- Figure 6: Asia-pacific Smoke Detector Market, By Other Types, 2023-2030 (In $ Million)
- Figure 7: Asia-pacific Smoke Detector Market, By Power Source, 2022 & 2030 (In %)
- Figure 8: Asia-pacific Smoke Detector Market, By Hardwired Smoke Detectors, 2023-2030 (In $ Million)
- Figure 9: Asia-pacific Smoke Detector Market, By Battery-powered Smoke Detectors, 2023-2030 (In $ Million)
- Figure 10: Asia-pacific Smoke Detector Market, By Others (Hardwired With Battery), 2023-2030 (In $ Million)
- Figure 11: Asia-pacific Smoke Detector Market, By End-user, 2022 & 2030 (In %)
- Figure 12: Asia-pacific Smoke Detector Market, By Commercial, 2023-2030 (In $ Million)
- Figure 13: Asia-pacific Smoke Detector Market, By Manufacturing, 2023-2030 (In $ Million)
- Figure 14: Asia-pacific Smoke Detector Market, By Telecommunication, 2023-2030 (In $ Million)
- Figure 15: Asia-pacific Smoke Detector Market, By Residential, 2023-2030 (In $ Million)
- Figure 16: Asia-pacific Smoke Detector Market, By Automotive, 2023-2030 (In $ Million)
- Figure 17: Asia-pacific Smoke Detector Market, By Oil & Gas, 2023-2030 (In $ Million)
- Figure 18: Asia-pacific Smoke Detector Market, By Other End-users, 2023-2030 (In $ Million)
- Figure 19: Asia-pacific Smoke Detector Market, By Country Outlook, 2022 & 2030 (In %)
- Figure 20: China Smoke Detector Market 2023-2030 (In $ Million)
- Figure 21: Japan Smoke Detector Market 2023-2030 (In $ Million)
- Figure 22: India Smoke Detector Market 2023-2030 (In $ Million)
- Figure 23: South Korea Smoke Detector Market 2023-2030 (In $ Million)
- Figure 24: Asean Countries Smoke Detector Market 2023-2030 (In $ Million)
- Figure 25: Australia & New Zealand Smoke Detector Market 2023-2030 (In $ Million)
- Figure 26: Rest Of Asia-pacific Smoke Detector Market 2023-2030 (In $ Million)
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