openPR Logo
Press release

The Global Smoke Detector Market to Exhibit 8.10% CAGR by 2028

08-15-2022 07:01 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Triton Market Research

Global Smoke Detector Market

Global Smoke Detector Market

Triton Market Research presents the Global Smoke Detector Market segmented by Power Source (Hardwired Smoke Detectors, Battery-powered Smoke Detectors, Others {Hardwired with Battery}), End-user (Commercial, Automotive, Manufacturing, Telecommunication, Oil & Gas, Residential, Other End-users), Type (Photoelectric, Ionization, Dual Sensor, Other Types), and Regional Outlook (North America, Europe, Latin America, the Middle East and Africa, and the Asia-Pacific).

It further discusses the Market Summary, Industry Outlook, Impact of COVID-19, Key Insights, Porter's Five Forces Model, Market Attractiveness Index, Vendor Scorecard, Key Market Strategies, Drivers, Challenges, Opportunities, Competitive Landscape, Research Methodology, Global Market Size, Forecasts & Analysis (2022-2028).

Triton Market Research's report states that the global smoke detector market would expand with an 8.10% CAGR during the evaluated years between 2022 and 2028.

Request a Free Sample Report on the Global Smoke Detector Market:

Smoke detectors are electronic fire-protection equipment that detect smoke as a sign of fire and aware people by sounding an alarm. The rising global temperature due to greenhouse gas emissions has raised the risk of fires. According to estimates, about 4.5 million US homes were at high risk of wildfire. Likewise, more than 2 million properties were at extreme wildfire risk in California in 2021. The growing prevalence of fires across the world has mandated the use of smoke detectors to safeguard the life of people, wildlife, and properties, which, in turn, augments the market's growth.

However, with the introduction of lithium-ion battery-powered smoke detectors and carbon monoxide detectors, the price of smoke detectors has escalated by almost 30%. Such a high price scale restricts manufacturers from selling their products reasonably. Therefore, this factor likely hinders the growth of the smoke detector market.

Globally, North America dominates the smoke detector market and is expected to lead over the forthcoming years. Studies highlight that almost 4,000 Americans die every year in house fires, and over 2,000 are severely injured. Similarly, 73% of fire-related fatalities in Canada are associated with residential fires. As a result of the rising fire incidents, the global smoke detector market is expected to show significant growth in this region over the coming years.

The key players profiled in the smoke detector market are Huawei Technologies Co Ltd, Ceasefire Industries Pvt Ltd, Google Nest (Google), Secom Co Ltd, Hochiki Corporation, Siemens AG, Carrier Global Corporation, BRK Brands Inc, Protec Fire and Security Group Ltd, ABB Ltd, Robert Bosch GmbH, Johnson Controls International, Schneider Electric, and Honeywell International Inc.

The presence of top players with undifferentiated product portfolios creates cutthroat competition in the market. Also, many companies are acquiring other smoke detector manufacturers to tap into new markets. For instance, in 2021, Carrier Global Corporation acquired Cavius, a Denmark-based residential alarm manufacturer that offers a wide range of smoke, heat, flood, and carbon monoxide detectors. Such mergers and acquisitions strengthen the product portfolios of residential fire safety solution providers.

Get an overview about this report @

Purchase this report @

Triton Market Research
196, wards wharf approach
London E16 2EQ
Phone: +44 7441 911839

We are a leading market research company with offices in the UK, providing the best online market research and data search reports to our clients.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Global Smoke Detector Market to Exhibit 8.10% CAGR by 2028 here

News-ID: 2705035 • Views: 428

More Releases from Triton Market Research

Global Bank Encryption Software Market to Gain $29.50 Billion in Revenue by 2028
A recent study by Triton Market Research named 'Global Bank Encryption Software Market' includes the global analysis and forecast by Deployment Model (On-Premise, Cloud), Enterprise Type (Large Enterprises, Small & Medium Enterprises), Component (Software, Services), Encryption Type (Disk Encryption, Communication Encryption, File/Folder, Cloud Encryption), and by Geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). Encryption software uses algorithms to encrypt the data in an unreadable format to protect
The Global Veterinary Vaccines Market to Reap $12119.03 Million by 2028
A recent study by Triton Market Research titled 'Global Veterinary Vaccines Market,' covers the Global Analysis and Forecasts by Product Type (Conjugate Vaccines, Recombinant Vaccines, DNA Vaccines, Toxoid Vaccines, Attenuated Vaccines, Inactivated Vaccines, Subunit Vaccines), by Disease Type (Bovine Disease, Aquaculture Disease, Porcine Disease, Poultry Disease, Canine Disease, Other Disease Types), by Animal Type (Livestock Animals [Sheep, Cattle, Poultry, Pigs, Other Livestock Animals], Companion Animals [Equine, Feline, Canine], Aquaculture), and
Global Telecom API Market Estimated to Gain revenue at $615.99 Million by 2028
A recent study by Triton Market Research titled 'Global Telecom API Market' consists of the Global Analysis and Forecasts by End-user (Long-Tail Developer, Internal Telecom Developer, Partner Developer, Enterprise Developer), Deployment Mode (Multi-Cloud, Hybrid, Other Deployment Modes), Service (Subscriber Identity Management & SSO API, Location & Map API, IVR/ Voice Store & Voice Control API, Messaging API, Payment API, WebRTC API, Other Services), and by Geography (Middle East and Africa,
Global Marketing Automation Software Market to Garner $8625.39 Million in Revenu …
A recent study by Triton Market Research titled 'Global Marketing Automation Software Market' entails the Global Analysis and Forecasts by End-users (Large Enterprises, SMEs), Application (Inbound Marketing, Email Marketing, Lead Scoring and Lead Nurturing, Reporting and Analytics, Social Media Marketing, Campaign Management, Mobile Application, Other Applications), Deployment (On-premise, Cloud), Vertical (Healthcare, BFSI, Manufacturing, and Distribution, Advertising and Design, Retail, Telecommunication and Information Technology, Others), and Geography (Asia-Pacific, North America, Middle

All 5 Releases

More Releases for Smoke

Global Smoke Generator 2019 Market Key Players – Sarvamangala Industries, Conc …
Smoke Generator Market 2019 Wiseguyreports.Com Adds “Smoke Generator – Global Market Growth, Opportunities, Analysis Of Top Key Players And Forecast To 2024” To Its Research Database. Description: Based on the Smoke Generator industrial chain, this report mainly elaborates the definition, types, applications and major players of Smoke Generator market in details. Deep analysis about market status (2014-2019), enterprise competition pattern, advantages and disadvantages of enterprise products, industry
Smoke Alarms (Smoke Detector) Market Report 2018: Segmentation by Product (Photo …
Global Smoke Alarms (Smoke Detector) market research report provides company profile for Halma, Hochiki, Sprue Aegis, Xtralis, Siemens, Honeywell Security, BRK Brands, Kidde, Tyco, Johnson Controls and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,
New Detailed Study: Smoke Alarm (Smoke Detector) Market by Trends & outlook
HTF MI published a new industry research that focuses on Smoke Alarm (Smoke Detector) market and delivers in-depth market analysis and future prospects of Europe Smoke Alarm (Smoke Detector) market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market
Demand of Global Smoke Alarm (Smoke Detector) Market Globally, by 2022
Qyresearchreports include new market research report Global Smoke Alarm (Smoke Detector) Market Research Report 2017 to its huge collection of research reports. The general market for Smoke Alarm has been perceived on a few perspectives that are nearly there, and have adequately enhanced the growth in the market. The report moreover verbalizes unmistakable figures and data identified with the general Smoke Alarm market. The key explanation behind the report is to
Global Smoke Alarms 2017 Global Market Key Players Photoelectric Smoke Alarm, Io …
Description: This report studies the Smoke Alarms market. Smoke alarm, another name for smoke transducer, smoke sensors, etc. It is a device that detects smoke, typically as an indicator for fire. It is can be used for fire prevention system, security system and other fields to detect fires before they become dangerous and to provide sufficient warning to occupants so they can escape. Smoke alarm was first used to space equipment.
Global Smoke Alarm (Smoke Detector) Market Research Report 2017
In this report, the global Smoke Alarm (Smoke Detector) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Request Report Sample: Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Smoke Alarm (Smoke Detector) in these regions,