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Smart Smoke Detector Market to Touch USD 1,533 Million at 8.2% CAGR by 2023 | Rising Adoption of Smart Devices to Positively Impact Smart Smoke Detector Market Growth

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Chaitali Mahajan
Smart Smoke Detector Market to Touch USD 1,533 Million at 8.2% CAGR by 2023 | Rising Adoption of Smart Devices to Positively Impact Smart Smoke Detector Market Growth

Market Analysis

The smart smoke detector market will touch USD 1,533 million at an 8.2% CAGR between the forecast period 2017- 2023, states the recent Market Research Future (MRFR) analysis. A smart smoke detector, simply put, has four compartments- alarm system, communication system, processing unit, and sensors. The sensor helps to monitor the air in the environment and also detect smoke particles that can cause hazardous situations through the smart smoke alarm. These security systems have wide commercial, industrial, and residential applications. 

Various factors are propelling the global smart smoke detector market share. According to the recent MRFR market estimates, such factors include growing concerns about fire safety, rising adoption of smart devices, increase in fatal injuries in industrial premises and commercial buildings, the inclination of customers towards smart buildings, and adoption of IoT and connected technologies.

Key Players

Prominent contenders profiled in the global smart smoke detector market report include Heiman Co. Limited (China), Full Enterprise Corp. (Taiwan), Nietzsche Enterprise Co. Ltd (Taiwan), The Crow Group (Israel), Lowe's Companies Inc. (US), Erlab (US), Xtralis Pty Ltd (Ireland), Hanwei Electronics Group Corporation (China), UIC Corporation (US), Gentex Corporation (US), Universal Security Instruments Inc. (US), Elgato (Germany), Netatmo (France), Birdi (US), United Technologies Corporation (US), AMP Security (US), Honeywell International Inc. (US), BRK Brands Inc. (US), Huawei Technologies Co. Ltd (China), Roost Inc. (US), Samsung Electronics Co. Ltd (South Korea), and Nest Labs (US). 

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Market Segmentation

  • By type, the global smart smoke detector market is segmented into laser smoke detector (LSD), aspirating smoke detector (ASD), dual sensor detectors (CO and CO2), photoelectric detectors, and network ionization detectors. Of these, photoelectric detectors will lead the market over the forecast period. 
  • By service, the global smart smoke detector market is segmented into maintenance and replacement services, installation services, testing and inspection services, and others. Of these, the maintenance and replacement services segment will dominate the market over the forecast period. 
  • By power source, the global smart smoke detector market is segmented into battery-powered smoke detectors and hard-wired smoke detectors. Of these, the battery-powered smoke detectors will dominate the market over the forecast period. 
  • By connectivity, the global smart smoke detector market is segmented into ZigBee, Bluetooth, Wi-Fi, and others. 
  • By end user, the global smart smoke detector market is segmented into commercial, industrial, and residential. Of these, the commercial segment will spearhead the market over the forecast period. 

Regional Analysis

By region, the smart smoke detector market covers the growth opportunity and recent trends across Europe, North America, the Asia Pacific (APAC), and the Rest of the World (RoW). Of these, North America will spearhead the market over the forecast period. Rising cases of fire hazards in the United States, developed infrastructure, demand for smart devices, advances in IoT, and the presence of a developed infrastructure are adding to the global smart smoke detector market growth in the region. 

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For more info: https://www.marketresearchfuture.com/reports/smart-smoke-detector-market-6957

Major Highlights of TOC Covers:

  1. Executive Summary
  2. Key Business Trends
  3. Regional Trends and Growth
  4. Product Trends
  5. End-use Trends
  6. Definition and Forecast Parameters
  7. Smart smoke detector Market Segmentation
  8. Smart smoke detector Market Landscape
  9. Vendor Matrix
  10. Company Profiles
  11. Business Overview

Continued...…

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Pune - 411028                              

Maharashtra, India

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Email: [email protected]

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