Press release
Growing Fire Safety Concerns Drive Growth in the Global Smoke Detectors Industry
SMOKE DETECTORS MARKET
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/smoke-detectors-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
The United States smoke detectors market is set to project a CAGR of 7.11% during the forecast period, 2022-2028, and is estimated to reach $815.38 million by 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-smoke-detectors-market/
Global Smoke Detectors Market Scenario
A smoke detector is important for the early detection of fires in the industrial, commercial, and residential sectors. The thriving IT industry and commercial realty sector to protect powerhouse, manufacturing plants, IT infrastructure, and data centers boost the global smoke detectors market demands.
Governmental organizations are quite concerned about the rising number of fire incidents in a variety of contexts. As per the study by the National Fire Protection Association (NFPA), there was a 51% decrease in residential fires in 2019 when compared to 2018. This is a result of fire safety systems having to be included.
Furthermore, in order to minimize deadly accidents, fatalities, and casualties from fire incidents, numerous nations have implemented strict laws and regulations related to fire and safety. The Queensland Government, for example, carries out the enforcement of a law requiring the installation of interconnected photoelectric smoke detectors that meet Australian Standard 3786-2014 (AS 3786-2014). These elements fuel the expansion of the worldwide smoke detector industry. However, smoke detectors' restrictions limit the market's expansion.
The Global Smoke Detectors Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Smoke Detectors Market by Product Type, Power Source, End-User & by Geography: https://inkwoodresearch.com/reports/smoke-detectors-market/#request-free-sample
Market Segmentation
Market by Product Type:
• Ionization
• Dual Sensor
• Photoelectric
• Other Product Types
Market by Power Source:
• Battery-Powered Smoke Detectors
• Hardwired Smoke Detectors
• Other Power Sources
Market by End-User:
• Commercial
• Manufacturing
• Oil & Gas
• Telecommunication
• Residential
• Automotive
• Other End-Users
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Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2032, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2032
Companies Profiled
• SIEMENS AG
• GOOGLE NEST (GOOGLE)
• ABB LIMITED
• HUAWEI TECHNOLOGIES CO LTD
• CARRIER GLOBAL CORPORATION
• HONEYWELL INTERNATIONAL INC
• SCHNEIDER ELECTRIC
• JOHNSON CONTROLS INTERNATIONAL PLC
• CEASEFIRE INDUSTRIES PVT LTD
• HOCHIKI CORPORATION
• BRK BRANDS INC (ACQUIRED BY RESIDEO TECHNOLOGIES INC)
• PROTEC FIRE AND SECURITY GROUP LTD
• SECOM CO LTD
• ROBERT BOSCH GMBH
Related Reports:
GLOBAL MASS NOTIFICATION SYSTEMS MARKET - https://inkwoodresearch.com/reports/mass-notification-systems-market/
The global mass notification systems market is predicted to register a CAGR of 16.69% during 2019-2028.
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