Smoke Detector Market Report 2021-26: Size, Share, Trends, Growth And Forecast
According to the latest report by IMARC Groups The global smoke detector market grew at a CAGR of 9% during the period 2014-2019. Looking forward, IMARC Group expects the market to continue its double-digit growth during the next five years.
A smoke detector stands for a smoke sensing device that is used for the early detection of fire. It comprises two components, a smoke sensor and a smoke alarm that alerts people when the sensor detects the smoke. The smoke detector is cost-effective, easy to install, and prevents the risk of fire accidents. Besides this, smoke detectors are extensively installed in commercial buildings, residential spaces, industrial hubs, and other public places.
Market Trends:
Rapid urbanization, growing infrastructural investments, and increasing consumer awareness are primarily driving the global smoke detector market. Moreover, the prevalent trend of digitalization, along with the rising penetration of IoT-enabled devices, is augmenting the demand for smart smoke detectors across the globe. Additionally, the introduction of several government initiatives for curbing fire accidents, coupled with the growing construction of data centers, IT hubs, and smart buildings, will continue to further propel the global smoke detector over the forecasted period.
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Smoke Detector Market Coverage and Segmentation 2021-2026:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Hochiki Corporation
Honeywell International
United Technologies Corporation
Siemens AG
Johnson Control
Robert Bosch, etc.
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The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Product Type:
Photoelectric Smoke Detector
Dual Sensor Smoke Detector
Ionization Smoke Detector
Breakup by Power Source:
Hardwired with Battery Backup
Hardwired without Battery Backup
Battery Powered
Breakup by End User:
Oil, Gas & Mining
Residential
Commercial
Transportation & Logistics
Manufacturing
Telecommunication
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
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