Global Smoke Detectors Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Smoke Detectors Market Report by The Business Research Company covers smoke detectors market drivers and restraints, smoke detectors market size, major players, and the impact of COVID-19 on the smoke detectors market.
The smoke detectors market consists of sales of smoke detectors and related services used for raising alerts by detecting smoke usually associated with fire. Smoke detectors use sensors that detects smoke and raise an audible and/or visual alarm as a warning signal to alert the occupant of fire. Smoke detectors usually only contain smoke sensor. Smoke detectors use batteries or electric power. These systems are being employed in many commercial, industrial, and residential buildings.
The increased number of fire incidents in commercial as well as in residential places is driving the growth of smoke detectors market. The use of synthetic building materials and variety of plastics, synthetic textiles in furnishing of commercial and residential buildings has made them vulnerable to fire accidents.
The global smoke detectors market is expected to grow from $1.68 billion in 2020 to $1.87 billion in 2021 at a compound annual growth rate (CAGR) of 11.3%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $2.57 billion in 2025 at a CAGR of 8%.
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Some smoke detectors market trends include the use of internet of Things (IoT) in smoke detectors is one of the trends in the smoke detectors market. The smoke detectors using IoT alerts the user of all possible hazards on their mobile devices at all times from anywhere even if they are away from their property. IoT smoke detectors can work efficiently even in buildings with bad network coverage in basements and corners. The smoke detectors using IoT can report on an ongoing fire in real time.
Global smoke detectors market segments include:
1) By Product: Photoelectric Smoke Detector, Ionization Smoke Detector, Dual Sensor Smoke Detector, Others.
2) By Power Source: Battery Powered, Hardwired With Battery Backup, Hardwired Without Battery Backup.
3) By End User: Residential, Commercial, Oil, Gas & Mining, Transportation & Logistics , Telecommunications Manufacturing, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Smoke Detectors Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides smoke detectors market overviews, analyzes and forecasts market size, share, smoke detectors market players, smoke detectors market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The smoke detectors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Smoke Detectors Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Honeywell International Inc. , Tyco, Siemens AG, Ceasefire Industries Pvt. Ltd, Secom Plc, Unisafe Fire Protection LLC, 3M, Nowatec AS, Johnson Control, Robert Bosch, NEC Corporation, Nest labs, Hochiki Corporation, BRK Brands, Xtralis Pty Ltd., United Technologies Corporation, Protec Fire Detection Plc, ABB Group, Schneider Electric.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The smoke detectors Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The smoke detectors Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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