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Smoke Detector Market Worth $3,405.7 million in 2027 | Key Segments, Benefits & Opportunity

04-22-2021 05:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Smoke Detector Market

Smoke Detector Market

According to a new report published by Allied Market Research, titled, “Smoke Detector Market by Installation Type, Product Type, and EndUser: Opportunity Analysis and Industry Forecast, 2020–2027,” the global Smoke Detector Market size is expected to reach $3,405.7 million in 2027, from $1,807.0 million in 2019, growing at a CAGR of 8.3% from 2020 to 2027. In 2019, North Americadominated the market, in terms of revenue, accounting for over 36.6% share of the globalSmoke Detector Market size.

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Smoke Detector Market by Installation Type (Hardwired and Battery-operated), Product Type (Ionization Smoke Detectors, Photoelectric Smoke Detectors, Dual Sensor Smoke Detectors, and Others), and EndUser (Commercial, Residential, Manufacturing, Telecommunication, Automotive, Oil & Gas, and Others)

The changes in Building Regulations regarding fire safety is an important growth aspect for the smoke detector market. Many governmental organizations have made the installation of smoke detectors or smoke alarms mandatory in newly constructed residential and commercial buildings. Such initiatives are expected to drive the demand forsmoke detectors; thereby, boostingthe market growth

Key Players

The major players operating in the smoke detectors industry include Ceasefire Industries Pvt. Ltd, Hochiki Corporation, Honeywell International, Johnson Control, Nest labs, Protec Fire Detection Plc, Robert Bosch, SECOM CO., LTD, Schneider Electric, Siemens AG, and United Technologies Corporation.

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Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging global smoke detector market trends and dynamics.

In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027.

Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing smoke detector market opportunity.

The global smoke detector market forecast analysis from 2020 to 2027 is included in the report.

The key market players with in the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry.

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Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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