Smoke Detector Market Size, Share, Trends, Forecast 2023-2030

Smoke Detector Market

Smoke Detector Market Power Sources (Hardwired With Battery Backup, Battery Powered, and Hardwired Without Battery Backup), Services (Installation & Design Services, Engineering Services, Managed Services, Maintenance Services, and Others), Type of Products (Ionization Smoke Detector, Photoelectric Smoke Detector, Dual Sensor Smoke Detector, and Others), and End-User (Residential, Commercial, Mining, Gas, Oil, Logistics, Transportation, Manufacturing, Telecommunication, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-845 Published Date: Dec-2020 Status : Published

A smoke detector is an electronic device that detects smoke. It basically serves as a fire pointer. Because of sophisticated technologies, most smoke detectors can alert the fire department.

Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 1.8 Billion USD 2.96 Billion    8.1% 2019

According to the report published by Zion Market Research, global demand for the Smoke Detector market was valued at approximately USD 1.81 Billion in 2019, and is expected to generate revenue of around USD 2.96 Billion by end of 2026, growing at a CAGR of around 8.1% between 2020 and 2026.

Global Smoke Detector Market: Overview

A smoke detector is a gadget that is capable of sensing the smoke. It basically works as a pointer for fire. Most of the smoke detectors, due to advanced technologies, can inform the fire brigade. This process involves issuing a signal by the device to a control panel especially for fire alarms as soon as it senses smoke. Further, the fire alarm control panel informs the fire brigade. This technology is known as a fire alarm system that can be seen in many homes. They are also known as smoke alarms.

Global Smoke Detector Market: Growth Factors

The global market for smoke detectors is witnessing tremendous change by developing rapidly. Factor such as increasing incidents of accidents due to fire is the main reason behind the elevation of the global market for smoke detector. Additionally, growing awareness among the people about the advantages of smoke detectors is boosting the global market. In addition to this, the increased use of advanced technology in the manufacture of smoke detectors is towering the global market for smoke detectors.

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Global Smoke Detector Market: Segmentation

On the basis of power sources, the global market for smoke detectors is classified as hardwired with battery backup, battery-powered, or hardwired without battery backup. Based on the services, the global market is segmented as installation & design services, engineering services, managed services, maintenance services, and others. On the basis of the type of products, the global smoke detector market is divided as ionization smoke detectors, photoelectric smoke detectors, dual sensor smoke detectors, and others. Based on the end-user industry, the global market is distinguished as residential, commercial, mining, gas, oil, logistics, transportation, manufacturing, telecommunication, and others.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Smoke Detector Market: Regional Analysis

The global smoke detector market is geographically segmented into North America, South America, Asia-Pacific, and Rest of the World. One main factor that is responsible for the boost in the global market throughout the globe is the increased rate of accidents due to fire. North America is currently dominating the global smoke detector market due to the utilization of advanced technology in the manufacture of smoke detectors. Asia Pacific countries such as India and China will play an important role and boost the global smoke detector market in the near future owing to the increased awareness among the people.

Global Smoke Detector Market: Competitive Players

Some main participants of the Smoke Detector market are

  • Honeywell
  • NEC Corporation
  • Hochiki America
  • Siemens
  • UTC
  • Tyco
  • Hitachi
  • Johnson Controls
  • among others

Smoke Detector Market: Report Scope

Report Attributes Report Details
Report Name Smoke Detector Market Report
Market Size in 2019 USD 1.81 Billion
Market Forecast in 2026 USD 2.96 Billion
Growth Rate CAGR of 8.1%
Number of Pages 110
Key Companies Covered Honeywell, NEC Corporation, Hochiki America, Siemens, UTC, Tyco, Hitachi, and Johnson Controls, among others.
Segments Covered By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2015 to 2018
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Smoke Detector Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

The global market for a smoke detector is witnessing tremendous change by developing rapidly. Factor such as increasing incidents of accidents due to fire is the main reason behind the elevation of the global market for a smoke detector.

According to Zion Market Research, global demand for Smoke Detector market is expected to generate revenue of around USD 2.96 Billion by end of 2026, growing at a CAGR of around 8.1% between 2020 and 2026.

North America is currently dominating the global smoke detector market due to the utilization of advanced technology in the manufacture of smoke detectors.

Some main participants of the Smoke Detector market are Honeywell, NEC Corporation, Hochiki America, Siemens, UTC, Tyco, Hitachi, and Johnson Controls, among others.

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