Smoke Detector Market Expected to Reach $2,602 Million | By Top Leading Companies Vintex Fire Protection, Hochiki Corporation, Honeywell International, United Technologies Corporation, Tyco, Siemens AG, Johnson Control, Robert Bosch, NEC Corporation, and
Europe is expected to witness a significant demand for smoke detectors owing to the increasing and compulsory installations of smoke detectors in all residential buildings as per the government regulations.According to a new report published by Allied Market Research, titled, Smoke Detectors Market by Product, End-user Industry, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global smoke detectors market was valued at from $1,594 million in 2017, and is expected to reach $2,602 million by 2023, registering a CAGR of 8.5% from 2017 to 2023. Asia-Pacific is expected to exhibit the highest growth, owing to the growth in potential startups, consumers disposable income, increase in urbanization & industrialization, along with rise in investments in infrastructure.
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The demand for global smoke detectors market is expected to grow, owing to its ability to provide fire protection measures with the increase in infrastructural development such as hotels, residential, corporate buildings, educational institution, and others. Moreover, surge in number of fire accidents contributes to the growth in demand for smoke detectors market. Moreover, rise in industries, such as food & beverage, industrial & automotive, and electronic, is expected to drive the growth of the market due to several applications. However, the complications associated with installation of smoke detectors is expected to restrain the growth of the market.
The key players operating in the global smoke detectors market are, Hochiki Corporation, Honeywell International, United Technologies Corporation, Siemens AG, Johnson Control, Robert Bosch, Schneider Electric, SECOM CO., LTD, Protec Fire Detection Plc, Ceasefire Industries Pvt. Ltd. and Nest labs.
The smoke detector market is segmented on the basis of product, end-user industry, and geography. On the basis of product, it is classified into ionization smoke detectors, photoelectric smoke detector, dual sensor smoke detector and others. Based on the end-user industry, it is divided into commercial, manufacturing, telecommunication, residential, automotive, oil & gas, and others. Geographically, the global smoke detectors market is analyzed across North America, Asia-Pacific, Europe, and LAMEA.
The rise in number of constructions initiate the increase in concern for fire safety measures, thereby boosting the demand for global smoke detectors industry. For instance, Qatar invested in UK infrastructure, which is expected to be the major driving factor for the growth of global smoke detectors market.
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Rapid industrialization across all regions is expected to boost the global smoke detectors industry. Growth in industries, such as automotive, electronics, industrial, food & beverage, oil & energy, and others, drive the requirement for smoke detector installations to avoid fire mishaps, reduce the risk of property loss, eliminate the mission interruption loss, and ensure workers safety. This scenario is expected to significantly fuel the growth the smoke detectors market.
Table of Content:
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets
3.3. PORTERS FIVE FORCES ANALYSIS
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitution
3.3.4. Threat of new entrants
3.3.5. Competitive rivalry
3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS
3.5.1. Drivers
3.5.1.1. Increasing commercial infrastructural investments
3.5.1.2. Rapid industrializations
3.5.1.3. Increasing population and rapid urbanization
3.5.1.1. Increasing government regulations
3.5.2. Restraints
3.5.2.1. Complications associated with the installations
Chapter: 4 GLOBAL SMOKE DETECTORS MARKET, BY PRODUCT TYPE
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. OPTICAL SENSOR SMOKE DETECTOR
4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.3. PHOTOELECTRIC SMOKE DETECTOR
4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
4.4. DUAL SENSOR SMOKE DETECTOR
4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast
Chapter: 5 GLOBAL SMOKE DETECTORS MARKET, BY END-USER INDUSTRY
5.1. OVERVIEW
5.1.1. Market Size and Forecast
5.2. COMMERCIAL
5.2.1. Key Market Trends
5.2.2. Key Growth factors and Opportunities
5.2.3. Market Size and Forecast
5.3. MANUFACTURING
5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast
5.4. TELELCOMMUNICATION
5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast
5.5. RESIDENTIAL
5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast
5.6. OIL, GAS & MINING
5.6.1. Key market trends
5.6.2. Key growth factors and opportunities
5.6.3. Market size and forecast
5.7. OTHERS
5.7.1. Key market trends
5.7.2. Key growth factors and opportunities
5.7.3. Market size and forecast
Chapter: 6 SMOKE DETECTORS MARKET, BY GEOGRAPHY
6.1. OVERVIEW
6.1.1. Market size and forecast
6.2. NORTH AMERICA
6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast by Product Type
6.2.4. Market size and forecast by End-User Industry
6.2.5. Market size and forecast by Country
6.2.5.1. U.S.
6.2.5.2. Canada
6.2.5.3. Mexico
6.3. EUROPE
6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast by Product Type
6.3.1. Market size and forecast by End-User Industry
6.3.2. Market size and forecast by Country
6.3.2.1. Germany
6.3.2.2. France
6.3.2.3. UK
6.3.2.4. Italy
6.3.2.5. Spain
6.3.2.6. Rest of Europe
6.4. ASIA-PACIFIC
6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast by Product Type
6.4.4. Market size and forecast by End-User Industry
6.4.5. Market size and forecast by Country
6.4.5.1. India
6.4.5.2. China
6.4.5.3. Japan
6.4.5.4. Rest of Asia-Pacific
6.5. LAMEA
6.5.1. Key market trends
6.5.2. Market size and forecast by Product Type
6.5.3. Market size and forecast by End-User Industry
6.5.4. Market size and forecast by Country
6.5.4.1. Latin America
6.5.4.2. Middle East
6.5.4.3. Africa
Chapter: 7 COMPANY PROFILES
7.1. CEASEFIRE INDUSTRIES PVT. LTD.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Business performance
7.1.5. Key strategic moves and developments
7.2. HOCHIKI CORPORATION
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Business performance
7.2.5. Key strategic moves and developments
7.3. HONEYWELL INTERNATIONAL
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Business performance
7.3.5. Key strategic moves and developments
7.4. JOHNSON CONTROL
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Business performance
7.4.5. Key strategic moves and developments
7.5. NEST LABS
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Business performance
7.5.5. Key strategic moves and developments
7.6. PROTEC FIRE DETECTION PLC
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Business performance
7.6.5. Key strategic moves and developments
7.7. ROBERT BOSCH
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Business performance
7.7.5. Key strategic moves and developments
7.8. SECOM CO. LTD.
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Business performance
7.8.5. Key strategic moves and developments
7.9. SCHNEIDER ELECTRIC
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Business performance
7.9.5. Key strategic moves and developments
7.10. SIEMENS AG
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Business performance
7.10.5. Key strategic moves and developments
7.11. UNITED TECHNOLOGIES CORPORATION
7.11.1. Company overview
7.11.2. Company snapshot
7.11.3. Operating business segments
7.11.4. Business performance
7.11.5. Key strategic moves and developments
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