Smoke Detectors
Information Technology

Global Smoke Detectors Market Outlook, Opportunities And Strategies

Learn about the global smoke detectors market through The Business Research Company, which provides information on smoke detectors market size, smoke detectors market drivers and restraints, smoke detectors market players, the COVID-19 impact on the smoke detectors market, and more.

 

The global smoke detectors market size is expected to grow from $1.58 billion in 2021 to $2.01 billion in 2022 at a compound annual growth rate (CAGR) of 26.9%. The growth in the market 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 smoke detector market is expected to reach $2.66 billion in 2026 at a CAGR of 7.3%.

 

The increased number of fire incidents in commercial as well as in residential places is driving the growth of smoke detectors market.

 

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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.

 

Global Smoke Detectors Market Segments Include:

By Product: Photoelectric Smoke Detector, Ionization Smoke Detector, Dual Sensor Smoke Detector, Others

By Power Source: Battery Powered, Hardwired with Battery Backup, Hardwired without Battery Backup

By End-User: Residential, Commercial, Oil, Gas and Mining, Transportation and 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. Among these regions, Western Europe was the largest region in the smoke detectors market in 2021.

 

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.

 

TBRC’s smoke detectors market report covers:

Major Market Players: 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 and 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 (2016-21) and ten years forecast (2022-2026-2031)

 

The Smoke Detectors Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

 

TBRC’s smoke detectors market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Fire Detection Equipment Global Market Report 2022

Home Security System Global Market Report 2022

Smart Home Security Global Market Report 2022

 

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