Global Smoke Detectors Market 2016-2020

August 08, 2016
SKU:
IRTNTR10038
This market research report identifies players like BRK, Kidde, Honeywell, Siemens, and Tyco to be the key vendors in the smoke detectors market. This research report also presents a detailed segmentation of the market sensor type (ionization, photoelectric, dual sensors, and other smoke detectors), by end-user (commercial, residential, and industrial), and by geography (the Americas, APAC, and EMEA).

Overview of the global smoke detectors market

Technavio’s market research analyst predicts the global smoke detectors market to grow at a CAGR of more than 8% between 2016 and 2020. The global smoke detectors market is growing rapidly due to the increase in residential construction and replacement demand for smoke detectors. Owing to the growing emphasis on residential safety standards, there is a growing demand for smoke detectors in residential buildings. Builders are increasingly deploying smoke detectors in buildings to comply with the specific safety regulations that are mandatory across different countries. The stringent regulations by various associations, technological advancements in smoke detector technologies, growing awareness among end-users, and aging global infrastructure have contributed to the replacement of smoke detectors in buildings. New battery powered smoke detectors, with a sealed battery and an operational life of around 10 years, are in high demand among users, spurring further growth in the smoke detectors market.

Rapid development in smoke detectors technology as well as Internet of Things (IoT) and big data technologies have led to the expansion of smart smoke detectors. The high connectivity features of smart smoke detectors facilitate easy monitoring of battery status, receive alerts of smoke detection, and control operations through mobile devices from remote locations. The application of smart smoke detectors has provided convenience to users, leading to a subsequent reduction in nuisance alarms. These smoke detectors can also send notification or fire alerts through SMS or email. Moreover, they are also equipped with the ability to monitor the overall air quality of the house, which has augmented their application in smart homes. Nest Protect and Birdi Smart Air Monitor are some of the most significant smart smoke detectors currently available in the market.

Competitive landscape and key vendors

Intense competition prevails in the market where the key vendors are constantly developing new products and promoting them through aggressive strategies. The market is highly fragmented with the global players offering smoke detectors with high functionality and design. These international vendors are coming up with high-quality products with additional features to enhance the performance of their products, while local vendors are providing reasonable products with only basic features, which has increased the competition among players significantly.

Leading vendors in the market are -

  • BRK
  • Kidde
  • Honeywell
  • Siemens
  • Tyco

Other prominent vendors in the smoke detectors market include System Sensors, USI Electric/Universal, Mircom, Hochiki America, Apollo Fire Detectors, Xtralis, and Gentek.

Segmentation by sensor type and analysis of the smoke detectors market

  • Ionization smoke detector
  • Photoelectric smoke detector
  • Dual sensors

Photoelectric smoke detectors accounted for around 53% of the smoke detectors market in 2015, and will continue to dominate the market in the coming years. The primary growth driver for this segment is the decreasing application of ionization smoke detectors due to its incompetence in detecting life threatening fires. Photoelectric smoke detectors respond quickly to smoldering fires, which is also a major reason for its growing demand. The low number of nuisance alarms by the photoelectric smoke detectors have significantly augmented the use of these smoke detectors in buildings.

Geographical segmentation and analysis of the smoke detectors market

  • Americas
  • APAC
  • EMEA

In terms of geography, EMEA is the largest revenue-contributing region in the smoke detectors market and occupied more than 38% of the total market revenue during 2015. The UK is the major revenue generating country in the region with about 90% of the building equipped with smoke detectors. It is a mandate for the manufacturers in the UK to follow the European Standard EN 54-7 Fire Detection and Fire Alarm Systems for the installation of smoke detectors across the country. The high adoption rate and the stringent regulations regarding the installation of smoke detectors in residences will augment the growth prospects for this market in Europe in the coming years.

 Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global smoke detectors market?
  • What are the key market trends impacting the growth of the global smoke detectors market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global smoke detectors market?
  • What are the market opportunities and threats faced by the vendors in the global smoke detectors market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global smoke detectors market?

Technavio also offers customization on reports based on specific client requirement.

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A smoke detector is a device that helps in residential and commercial security by sensing smoke. It detects the presence of fire and inhibits it from spreading. Smoke detectors are connected to the alarm system, which emits a high-pitched alarm tone to warn residents of potential danger, thus, preventing accidents. The requirements of smoke detectors vary on the types of residences. Few houses might require battery-powered sensors, whereas, others might need interconnected hard-wired detectors. 

The report, global smoke detectors market, is part of Technavio’s heavy industry research portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as construction, engineering tools, test and measurement, tools and components, and unit operations. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.