The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased number of fire incidents in commercial as well as in residential places are expected to drive innovation in smoke detectors manufacturing, thus driving the market during the forecast period.

The global smoke detectors market is expected to grow from $2.03 billion in 2022 to $2.08 billion in 2023 at a compound annual growth rate (CAGR) of 2.5%. The global smoke detectors market size is expected to grow to $2.57 billion in 2027 at a CAGR of 5.4%.

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Global Smoke Detectors Market Segments Include:

• By Product: Photoelectric Smoke Detector, Ionization Smoke Detector, Dual Sensor Smoke Detector, Other Products
• By Power Source: Battery Powered, Hardwired With Battery Backup, Hardwired Without Battery Backup
• By End User: Residential, Commercial, Oil, Gas & Mining, Transportation & Logistics, Telecommunications Manufacturing, Other End-Users
• 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 is the largest region in the global smoke detectors market in 2021.

Major Market Players in the smoke detectors market include Honeywell International Inc., TyCo., Siemens AG, Ceasefire Industries Pvt. Ltd., Secom PLC., Unisafe Fire Protection LLC., 3M, Nowatec AS, Johnson Control.

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. For instance, Huawei Technologies Co., Ltd., a Chinese multinational technology company, launched its plug-and-use NB-IoT smoke detectors with high power efficiency that can run from three to five years on batteries with less than 3000 mAh capacity.

The Smoke Detectors Global Market Report 2023  provides a smoke detectors market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The smoke detectors market forecast analyzes smoke detectors market size, smoke detectors market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A smoke detector is an electronic fire protection device that automatically detects the presence of smoke as a primary sign of a fire and gives an alert to building occupants.

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