Market Overview:
The global smoke detectors & smoke alarms market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about fire safety and the rising demand for these devices in commercial, industrial, and residential applications. Smoke detectors are used to detect fires at an early stage, while smoke alarms are used as a warning signal to evacuate people from a building in case of a fire. Based on type, the global smoke detectors & smoke alarms market is segmented into two categories: Smoke Detectors and Smoke Alarms. The Smoke Detectors segment is further sub-segmented into Photoelectric Sensors and Ionization Sensors segments. The Photoelectric Sensors segment dominates the overall Smoke Detectors market due to its ability to detect slow-burning fires quickly as well as its low cost of ownership compared with other types of sensors available in the market today.
Product Definition:
Smoke detectors are devices that sense the presence of smoke and sound an alarm to warn people in the area. Smoke alarms are a type of smoke detector. They usually contain a battery that powers the alarm. Smoke detectors and smoke alarms save lives by providing an early warning of a fire so people can escape.
Smoke Detectors:
Smoke detectors are devices that detect the presence of smoke and fire. They are primarily installed in places where there is a high risk of fire, such as residential buildings, schools, hospitals, hotels or restaurants. The growth factor in the market for smoke detectors is driven by growing awareness regarding safety among consumers across the world coupled with stringent regulations pertaining to fire safety norms in various countries. For instance; according to National Fire Protection Association (NFPA), U.S.
Smoke Alarms:
Smoke alarms are devices that produce a distinctive noise, vibration or other signal to alert people when there is smoke in the vicinity. They can be battery-powered or hardwired and are usually installed on the ceiling of a room. The alarm may also be connected to an emergency response system for larger buildings such as hospitals and hotels.
The global market size was valued at USD 3,48,828 in 2015.
Application Insights:
The commercial application segment led the global market and accounted for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to an increase in the number of commercial structures, such as offices, shops, malls and hotels across various regions including Asia Pacific and Middle East & Africa. Furthermore, a rise in tourism is expected to drive demand for smoke detection systems at a global level over the forecast period.
The industrial application segment is anticipated to witness significant growth over the forecast period owing to an increase in manufacturing activities across various regions including North America and Europe. A large number of manufacturers are installing advanced smoke detection systems at their facilities along with other safety equipment such as fire prevention devices that help them comply with industry standards set by government agencies like UL or Underwriters Laboratories Inc., which further helps them avoid potential hazards while operating their manufacturing units safely.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to stringent government regulations and norms, coupled with a high level of awareness among consumers regarding fire safety measures in their homes or business establishments.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rapid urbanization and industrialization across countries such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc., which will lead into an increase in commercial construction projects and thereby demand for smoke detectors/alarms systems within these regions. Moreover Smoke Alarms are mandatory requirement under new building codes enforced by various state governments including New York State Building Code (NYSBC), California Department of Public Health (CDPH) Fire Protection Engineering Code etc.
Growth Factors:
- Increasing awareness about the benefits of smoke detectors and smoke alarms among consumers.
- Growing demand for smart smoke detectors and alarms that can be connected to smartphones or other devices.
- Rising number of fires in residential buildings, which is driving the demand for smoke detectors and alarms.
- Stringent safety regulations mandating the installation of smoke detectors and alarms in public places and residential buildings across various countries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smoke Detectors & Smoke Alarms Market Research Report
By Type
Smoke Detectors, Smoke Alarms
By Application
Commercial, Industrial, Residential, Other
By Companies
Johnson Controls, United Technologies Corporation, Siemens, Honeywell, Bosch, Hochiki, Newell Brands Inc., Nohmi, Minimax, Halma, Nittan, Buckeye Fire, Protec Fire, Fike Corporation, Mircom Technologies, Panasonic, Kentec Electronics, Gentex
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Smoke Detectors & Smoke Alarms Market Report Segments:
The global Smoke Detectors & Smoke Alarms market is segmented on the basis of:
Types
Smoke Detectors, Smoke Alarms
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, Other
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:
- Johnson Controls
- United Technologies Corporation
- Siemens
- Honeywell
- Bosch
- Hochiki
- Newell Brands Inc.
- Nohmi
- Minimax
- Halma
- Nittan
- Buckeye Fire
- Protec Fire
- Fike Corporation
- Mircom Technologies
- Panasonic
- Kentec Electronics
- Gentex
Highlights of The Smoke Detectors & 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:
- Smoke Detectors
- Smoke Alarms
- By Application:
- Commercial
- Industrial
- Residential
- Other
- 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 Smoke Detectors & 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
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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?
Smoke detectors are devices that detect the presence of smoke and sound an alarm in the event of a fire. Smoke alarms are also known as fire alarms.
Some of the major companies in the smoke detectors & smoke alarms market are Johnson Controls, United Technologies Corporation, Siemens, Honeywell, Bosch, Hochiki, Newell Brands Inc., Nohmi, Minimax, Halma, Nittan, Buckeye Fire, Protec Fire, Fike Corporation, Mircom Technologies, Panasonic, Kentec Electronics, Gentex.
The smoke detectors & smoke alarms market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smoke Detectors & 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 Smoke Detectors & Smoke Alarms Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smoke Detectors & 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 Smoke Detectors & 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 Smoke Detectors & Smoke Alarms Market Size & Forecast, 2020-2028
4.5.1 Smoke Detectors & Smoke Alarms Market Size and Y-o-Y Growth
4.5.2 Smoke Detectors & Smoke Alarms Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Smoke Detectors
5.2.2 Smoke Alarms
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smoke Detectors & 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 Smoke Detectors & 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Smoke Detectors
9.6.2 Smoke Alarms
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 Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Smoke Detectors
10.6.2 Smoke Alarms
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 Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Smoke Detectors
11.6.2 Smoke Alarms
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 Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Smoke Detectors
12.6.2 Smoke Alarms
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 Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Smoke Detectors
13.6.2 Smoke Alarms
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) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
13.10.4 Other
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 Smoke Detectors & Smoke Alarms Market: Competitive Dashboard
14.2 Global Smoke Detectors & Smoke Alarms Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 United Technologies Corporation
14.3.3 Siemens
14.3.4 Honeywell
14.3.5 Bosch
14.3.6 Hochiki
14.3.7 Newell Brands Inc.
14.3.8 Nohmi
14.3.9 Minimax
14.3.10 Halma
14.3.11 Nittan
14.3.12 Buckeye Fire
14.3.13 Protec Fire
14.3.14 Fike Corporation
14.3.15 Mircom Technologies
14.3.16 Panasonic
14.3.17 Kentec Electronics
14.3.18 Gentex
