Market Overview:
The global interconnected smoke alarms market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for interconnected smoke alarms in commercial and industrial applications, owing to their ability to provide early warning in case of a fire. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. The wired segment is expected to dominate the global interconnected smoke alarms market during the forecast period, owing to its low installation and maintenance costs as compared with wireless systems.
Product Definition:
Interconnected smoke alarms are alarms that are connected to each other, so that when one alarm goes off, all of the alarms in the house will go off. This is important because it allows everyone in the house to be alerted to a fire, even if they are not in the same room as the alarm.
Wired:
Wired is a technology used in interconnected smoke alarms. It consists of electrical wires that are connected to the alarm's battery-powered sensor and are hardwired to an electrician's screw terminal or a junction box. The wired connection provides power directly to the sensor, which eliminates the need for batteries. This type of installation requires professional services by an electrician and is usually found in commercial buildings such as offices, schools, hospitals, etc.
Wireless:
Wireless is the transfer of information or power without using cables. It uses radio frequency (RF) waves for the transmission of information. Wireless technology has been evolving over decades and currently, there are many different technologies that make up wireless communication.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The segment is driven by increasing construction activities in commercial spaces, such as offices, shops and malls, across the globe. Furthermore, growing infrastructural developments for business purposes coupled with rising awareness about inter connected smoke alarms is expected to propel demand over the forecast period.
The industrial application segment accounted for a significant market share in terms of revenue generation in 2017 owing to extensive manufacturing activities across various industries globally including oil & gas.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for more than 40% of the overall industry share in terms of revenue. This can be attributed to increasing awareness about fire safety, growing population, rapid urbanization, and rising construction activities across emerging economies such as India and China.
Europe is anticipated to witness significant growth over the next eight years owing to stringent government regulations pertaining fire safety coupled with a high demand for interconnecting smoke alarms among consumers. In addition, technological advancements such as wireless connectivity are likely to contribute toward regional growth during this period. North America also presents lucrative opportunities due to increased spending on home security systems by consumers seeking improved protection from crime or disaster scenarios associated with arson attacks or house fires occurrence in their respective residential buildings/apartments/houses).
Growth Factors:
- Increasing demand for interconnected smoke alarms from the residential sector as a result of growing awareness about their benefits
- Stringent safety regulations mandating the use of interconnected smoke alarms in commercial and residential buildings
- Rising demand for interconnected smoke alarms from emerging markets due to increasing construction activities and rising disposable incomes
- Technological advancements that have led to the development of more advanced and reliable interconnected smoke alarm systems
- Growing popularity of smart homes, which are equipped with interconnected smoke alarm systems that provide enhanced security
Scope Of The Report
Report Attributes
Report Details
Report Title
Interconnected Smoke Alarms Market Research Report
By Type
Wired, Wireless
By Application
Commercial, Industrial, Residential, Others
By Companies
Vivint, ADT, SimpliSafe, Frontpoint Security Solutions, Brinks Home Security, iSmart Alarm, LiveWatch Security, Skylinkhome, Protect America, Samsung, Vivint
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Interconnected Smoke Alarms Market Report Segments:
The global Interconnected Smoke Alarms market is segmented on the basis of:
Types
Wired, Wireless
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Industrial, Residential, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Vivint
- ADT
- SimpliSafe
- Frontpoint Security Solutions
- Brinks Home Security
- iSmart Alarm
- LiveWatch Security
- Skylinkhome
- Protect America
- Samsung
- Vivint
Highlights of The Interconnected Smoke Alarms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wired
- Wireless
- By Application:
- Commercial
- Industrial
- Residential
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interconnected Smoke Alarms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interconnected smoke alarms are a type of smoke alarm that uses interconnected wiring. This means that the alarms will sound if any of the alarms are activated.
Some of the major players in the interconnected smoke alarms market are Vivint, ADT, SimpliSafe, Frontpoint Security Solutions, Brinks Home Security, iSmart Alarm, LiveWatch Security, Skylinkhome, Protect America, Samsung, Vivint.
The interconnected smoke alarms market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Interconnected Smoke Alarms Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Interconnected Smoke Alarms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Interconnected Smoke Alarms Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Interconnected Smoke Alarms Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Interconnected Smoke Alarms Market Size & Forecast, 2018-2028
4.5.1 Interconnected Smoke Alarms Market Size and Y-o-Y Growth
4.5.2 Interconnected Smoke Alarms Market Absolute $ Opportunity
Chapter 5 Global Interconnected Smoke Alarms Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Interconnected Smoke Alarms Market Size Forecast by Type
5.2.1 Wired
5.2.2 Wireless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Interconnected Smoke Alarms Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Interconnected Smoke Alarms Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Interconnected Smoke Alarms Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Interconnected Smoke Alarms Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Interconnected Smoke Alarms Analysis and Forecast
9.1 Introduction
9.2 North America Interconnected Smoke Alarms Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Interconnected Smoke Alarms Market Size Forecast by Type
9.6.1 Wired
9.6.2 Wireless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Interconnected Smoke Alarms Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Interconnected Smoke Alarms Analysis and Forecast
10.1 Introduction
10.2 Europe Interconnected Smoke Alarms Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Interconnected Smoke Alarms Market Size Forecast by Type
10.6.1 Wired
10.6.2 Wireless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Interconnected Smoke Alarms Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Interconnected Smoke Alarms Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Interconnected Smoke Alarms Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Interconnected Smoke Alarms Market Size Forecast by Type
11.6.1 Wired
11.6.2 Wireless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Interconnected Smoke Alarms Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Interconnected Smoke Alarms Analysis and Forecast
12.1 Introduction
12.2 Latin America Interconnected Smoke Alarms Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Interconnected Smoke Alarms Market Size Forecast by Type
12.6.1 Wired
12.6.2 Wireless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Interconnected Smoke Alarms Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Interconnected Smoke Alarms Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Interconnected Smoke Alarms Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Interconnected Smoke Alarms Market Size Forecast by Type
13.6.1 Wired
13.6.2 Wireless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Interconnected Smoke Alarms Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Interconnected Smoke Alarms Market: Competitive Dashboard
14.2 Global Interconnected Smoke Alarms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vivint
14.3.2 ADT
14.3.3 SimpliSafe
14.3.4 Frontpoint Security Solutions
14.3.5 Brinks Home Security
14.3.6 iSmart Alarm
14.3.7 LiveWatch Security
14.3.8 Skylinkhome
14.3.9 Protect America
14.3.10 Samsung
14.3.11 Vivint
