Smoke Detector Market Analysis North America,Europe,APAC,South America,Middle East and Africa - US,Canada,China,India,Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 182 SKU: IRTNTR45948

Smoke Detectors Market Forecast 2023-2027

The smoke detectors market size is forecast to increase by USD 1.62 billion, at a CAGR of 11.9% between 2022 and 2027. The market's expansion hinges on various factors, notably the rise in residential construction activities, increasing demand for smoke detector replacements, and the implementation of strict regulations that advocate enhanced fire safety standards. This growth is fueled by the continuous development of residential properties, driving the need for modern safety equipment like fume detectors. Additionally, as older detectors are replaced with newer, more efficient models, there's a surge in demand for these devices. The regulatory environment, with its focus on bolstering fire safety measures, acts as a catalyst, pushing manufacturers and consumers alike towards adopting advanced fire safety solutions. This synergy between construction trends, consumer demand, and regulatory support propels the market forward, fostering innovation and adherence to higher safety standards. Our report examines historic data from 2017 to 2021, besides analyzing the current market scenario.

What will be the size of the Market During the Forecast Period?

Market Forecast 2023-2027

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Market Segmentation

This report extensively covers market segmentation by end-user (commercial and public, residential, and industrial), type (photoelectric, dual sensor, ionization, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges.

Market Dynamic

The market is driven by the rise of IoT-enabled smart smoke-detecting services, offering enhanced security and risk monitoring capabilities, reducing false alarms, and enabling instant action. Trends include the integration of wearables and smartphones, particularly in commercial and residential spaces. However, challenges persist with technological advancements needing to address fatal accidents and meet National Fire Protection Association (NFPA) guidelines, amidst increasing regulatory constraints and the need for battery-powered alternatives in areas without Wi-Fi or Bluetooth connectivity. Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.    

Driver - Growing replacement demand for smoke detectors

Increased regulation by various associations, technological advances in smoke alarm technology, increased end-user awareness, and aging domestic and global infrastructure are a variety of reasons contributing to the increased replacement needs within the country.

Furthermore, as per the NFPA, 75% of US homes were equipped with fumes alarms (smoke detectors). Thus, most of the demand for fume detectors will be due to replacement in the future. New sealed battery fume alarms with a ten-year lifespan are very popular and will have a long-term impact on replacement demand. This will drive the growth of the market during the forecast period. 

Trend - Increasing use of multi-criteria smoke detectors

The increasing use of multi-criteria smoke detectors is primarily due to improved options for fire detection. This is one of the most important trends in the market. Multi-criteria fumes alarms (fumes detectors) can detect large-scale fires more quickly. Photoelectric detectors are increasingly used in combination with sensors that can detect light and other combustion products such as CO. Signals from these sensors are conditioned by an integrated microprocessor. Algorithms are used to handle false alarms and improve response time during real fires.

Moreover, some market players such as Carrier Global, Honeywell, and SystemSensor are developing advanced smart fume detectors that continuously monitor key fire elements such as fumes, light, carbon monoxide, and heat, to prevent false alarms. More durable and more accurate. The growing interest of players in launching multi-criteria smoke detectors that comply with new regulatory requirements will help the company to commercialize an increase in such products. Hence, such factors will drive the growth of the market during the forecast period. 

Challenge- Defects in smoke detectors

The smoke detectors may not operate in a timely manner or may fail to detect the presence of thick, toxic fumes. According to various studies, ionization fumes detectors detect small fumes particles from flames, but not smoldering fires that produce large amounts of smoke. This can prevent residents from being alerted, resulting in injury and death. This is a serious defect, especially for ionizing fumes detectors.

Moreover, this has led to a ban on the use of ionization fumes alarms (fumes detectors) in new constructions in three states of the US including Massachusetts, Vermont, and Iowa. Organizations such as the SAAF (Alabama) are working hard to raise awareness of these smoke detector flaws. Hence, such factors are hindering the market during the forecast period.

Market Segmentation by End-user, Type, Geography 

The market is witnessing a transformative shift with the advent of IoT-enabled smart smoke-detecting services. These services offer enhanced security and risk monitoring capabilities, reducing false alarms and enabling instant action during emergencies. The integration of IoT-enabled devices and wearables has further amplified the effectiveness of smart smoke detectors, especially in commercial and residential spaces. Despite technological advancement, challenges such as fatal accidents and regulatory constraints from National Fire Protection Association (NFPA) guidelines remain a restraint. However, the market is evolving with innovations like dual-sensor smoke detectors, combining photoelectric and ionization sensors for comprehensive detection. Battery-powered smoke detectors continue to dominate, complemented by Bluetooth and Wi-Fi connectivity for seamless integration into smart home networks. Traditional fume detectors are gradually being replaced by IoT-driven solutions, aligning with building codes and safety standards mandated by regulatory bodies. The Smoke Detectors Market dynamics are shaped by the growing demand for safety and security, driving the industry toward innovative, technologically advanced solutions that ensure effective risk management and swift response to potential threats.

End-User Segment Analysis 

The commercial and public segments will account for a major share of the market's growth during the forecast period. The commercial and public sectors include commercial facilities such as office buildings, shopping malls, complexes, data centers, warehouses, hotels, motels, and supermarkets, and public facilities such as railway stations, museums, metro stations, hospitals, government buildings, and airports. Due to rising growth in commercial and public space constructions, as well as the regulations underlying the installation of fumes alarms (fumes detectors) in the commercial and public segments is expected to grow significantly during the forecast period.

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The commercial and public segment was valued at USD 715.63 million in 2017 and continued to grow until 2021.?The surge in new commercial real estate investment in developed countries and the increasing demand for new retail, commercial, and office space in developing countries are increasing the demand for fumes alarm installations. Regulations, standards, and guidelines such as the Occupational Safety and Health Administration's (OSHA) Fire Alarm System Standard 1910.164 and the NFPA 101 Life Safety Code, which mandates the installation of fumes detectors in new commercial buildings are working in tandem with the construction of commercial spaces globally. Hence, these factors are expected to drive the growth of the market during the forecast period.

Type Segment Analysis: 

Based on type, the market has been segmented into photoelectric, dual sensor, ionization, and others. The photoelectric segment will account for the largest share of this segment.?Photoelectric fume detectors detect smoke using a light source and an optical sensor in the sensor chamber. When smoke enters the sensor chamber, smoke particles block the light beam and reflect some of the light beams from the sensor, which sounds like an alarm. Some of the advanced products offered by players include 5808W3 from Honeywell International, 7010LBL from BRK Brands, OP921 from Siemens, and 2951J(A) from Johnson Controls International. Furthermore, the support of local and international organizations and authorities, such as The British Standards Institution and the International Association of Fire Fighters, is further propagating the use of photoelectric fumes locators over ionization smoke locators, which will drive the growth of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 32% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The North American market is driven by increased focus by NFP and OSHA on implementing building fire safety measures. Photoelectric smoke locators are very popular and are used in most buildings in the region. This is due to their greater operational effectiveness than ionizing smoke locators. Smart smoke locators, which have multiple sensors and can detect both smoke and CO, have also become increasingly popular in recent years compared to traditional smoke detectors.

Moreover, the increasing use of smoke alarms in North America is also due to an increase in residential construction projects, healthcare facilities, hotel projects, and commercial construction projects. The growth of the market in this region is mainly dependent on the expansion of manufacturing facilities and the construction of non-residential buildings in countries such as the US and Canada. In addition, the US chemical industry will see increased production capacity, which is expected to boost the demand for fire safety systems, such as smoke locators, during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd.: The company offers smoke detectors such as Busch-Smoke alarm detectors.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

Alphabet Inc., Carrier Global Corp., Ceasefire Industries Pvt. Ltd., Gentex Corp., Halma Plc, HOCHIKI Corp., Honeywell International Inc., Huawei Technologies Co. Ltd., Johnson Controls International Plc, Mircom Group of Companies, Protec Fire and Security Group Ltd., Pyrexx GmbH, Resideo Technologies Inc., Safelincs Ltd., Schneider Electric SE, Secom Co. Ltd., Siemens AG, Universal Security Instruments Inc., and Robert Bosch GmbH.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • End-User Outlook 
    • Commercial and public
    • Residential
    • Industrial
  • Type Outlook 
    • Photoelectric
    • Dual sensor
    • Ionization
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The market is influenced by a multitude of factors, including the adversity faced in the industry, banks investing in safety measures, and the crucial role of batteries in powering these devices. The amalgamation of smartphones and Bluetooth technology has led to the development of smartphone-connected smoke detectors, enhancing fire safety across residential spaces. However, challenges like delays in manufacturing and the demand-supply gap hinder the market's growth. Regulatory bodies and building codes, such as the National Building Code (NBC) and the National Fire Protection Association (NFPA), play a vital role in setting safety standards for smoke detectors. As technological advancements continue, IoT-enabled devices and wireless interconnected smoke detectors are becoming increasingly popular, contributing to enhanced security and risk monitoring in potentially hazardous environments. The Smoke Detector Market is on a trajectory of continuous improvement driven by innovative solutions and a focus on safety and security in both residential and commercial sectors.

Moreover, the market is a crucial segment of the fire safety equipment industry, encompassing a range of technologies and applications. Battery-powered smoke detectors have become increasingly popular due to their portability and ease of installation, especially in residential applications. Technological advancement has led to the integration of big data technologies and IoT (Internet of Things) capabilities in smart smoke-detecting services, enhancing early detection and safety across homes. Carbon monoxide detectors play a vital role in preventing carbon monoxide poisoning, a silent killer often associated with toxic gases emitted from fires and home appliances like refrigerators. The National Fire Alarm and Signaling Code and National Fire Code set standardized building standards for smoke detectors, ensuring residential safety in developed nations.

Market Scope

Report Coverage

Details

Page number

182

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 11.9%

Market growth 2023-2027

USD 1.62 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

11.8

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, Canada, China, India, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Alphabet Inc., Carrier Global Corp., Ceasefire Industries Pvt. Ltd., Gentex Corp., Halma Plc, HOCHIKI Corp., Honeywell International Inc., Huawei Technologies Co. Ltd., Johnson Controls International Plc, Mircom Group of Companies, Protec Fire and Security Group Ltd., Pyrexx GmbH, Resideo Technologies Inc., Safelincs Ltd., Schneider Electric SE, Secom Co. Ltd., Siemens AG, Universal Security Instruments Inc., and Robert Bosch GmbH

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East, and Africa
  • A thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global smoke detectors market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global smoke detectors market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Commercial and public - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Commercial and public - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Commercial and public - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Commercial and public - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Commercial and public - Year-over-year growth 2022-2027 (%)
    • 6.4 Residential - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 6.5 Industrial - Market size and forecast 2022-2027
      • Exhibit 42: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by End-user
      • Exhibit 46: Market opportunity by End-user ($ million)
      • Exhibit 47: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 48: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 49: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 50: Chart on Comparison by Type
      • Exhibit 51: Data Table on Comparison by Type
    • 7.3 Photoelectric - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Photoelectric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Photoelectric - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Photoelectric - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Photoelectric - Year-over-year growth 2022-2027 (%)
    • 7.4 Dual sensor - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Dual sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Data Table on Dual sensor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Chart on Dual sensor - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Dual sensor - Year-over-year growth 2022-2027 (%)
    • 7.5 Ionization - Market size and forecast 2022-2027
      • Exhibit 60: Chart on Ionization - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Data Table on Ionization - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Chart on Ionization - Year-over-year growth 2022-2027 (%)
      • Exhibit 63: Data Table on Ionization - Year-over-year growth 2022-2027 (%)
    • 7.6 Others - Market size and forecast 2022-2027
      • Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Canada - Market size and forecast 2022-2027
      • Exhibit 107: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 108: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 110: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 111: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 112: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 114: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 123: ABB Ltd. - Overview
              • Exhibit 124: ABB Ltd. - Business segments
              • Exhibit 125: ABB Ltd. - Key offerings
              • Exhibit 126: ABB Ltd. - Segment focus
            • 12.4 Alphabet Inc.
              • Exhibit 127: Alphabet Inc. - Overview
              • Exhibit 128: Alphabet Inc. - Business segments
              • Exhibit 129: Alphabet Inc. - Key news
              • Exhibit 130: Alphabet Inc. - Key offerings
              • Exhibit 131: Alphabet Inc. - Segment focus
            • 12.5 Carrier Global Corp.
              • Exhibit 132: Carrier Global Corp. - Overview
              • Exhibit 133: Carrier Global Corp. - Business segments
              • Exhibit 134: Carrier Global Corp. - Key news
              • Exhibit 135: Carrier Global Corp. - Key offerings
              • Exhibit 136: Carrier Global Corp. - Segment focus
            • 12.6 Ceasefire Industries Pvt. Ltd.
              • Exhibit 137: Ceasefire Industries Pvt. Ltd. - Overview
              • Exhibit 138: Ceasefire Industries Pvt. Ltd. - Product / Service
              • Exhibit 139: Ceasefire Industries Pvt. Ltd. - Key offerings
            • 12.7 Gentex Corp.
              • Exhibit 140: Gentex Corp. - Overview
              • Exhibit 141: Gentex Corp. - Business segments
              • Exhibit 142: Gentex Corp. - Key news
              • Exhibit 143: Gentex Corp. - Key offerings
              • Exhibit 144: Gentex Corp. - Segment focus
            • 12.8 Halma Plc
              • Exhibit 145: Halma Plc - Overview
              • Exhibit 146: Halma Plc - Business segments
              • Exhibit 147: Halma Plc - Key news
              • Exhibit 148: Halma Plc - Key offerings
              • Exhibit 149: Halma Plc - Segment focus
            • 12.9 HOCHIKI Corp.
              • Exhibit 150: HOCHIKI Corp. - Overview
              • Exhibit 151: HOCHIKI Corp. - Business segments
              • Exhibit 152: HOCHIKI Corp. - Key offerings
              • Exhibit 153: HOCHIKI Corp. - Segment focus
            • 12.10 Honeywell International Inc.
              • Exhibit 154: Honeywell International Inc. - Overview
              • Exhibit 155: Honeywell International Inc. - Business segments
              • Exhibit 156: Honeywell International Inc. - Key news
              • Exhibit 157: Honeywell International Inc. - Key offerings
              • Exhibit 158: Honeywell International Inc. - Segment focus
            • 12.11 Johnson Controls International Plc
              • Exhibit 159: Johnson Controls International Plc - Overview
              • Exhibit 160: Johnson Controls International Plc - Business segments
              • Exhibit 161: Johnson Controls International Plc - Key news
              • Exhibit 162: Johnson Controls International Plc - Key offerings
              • Exhibit 163: Johnson Controls International Plc - Segment focus
            • 12.12 Mircom Group of Companies
              • Exhibit 164: Mircom Group of Companies - Overview
              • Exhibit 165: Mircom Group of Companies - Product / Service
              • Exhibit 166: Mircom Group of Companies - Key offerings
            • 12.13 Resideo Technologies Inc.
              • Exhibit 167: Resideo Technologies Inc. - Overview
              • Exhibit 168: Resideo Technologies Inc. - Business segments
              • Exhibit 169: Resideo Technologies Inc. - Key offerings
              • Exhibit 170: Resideo Technologies Inc. - Segment focus
            • 12.14 Robert Bosch GmbH
              • Exhibit 171: Robert Bosch GmbH - Overview
              • Exhibit 172: Robert Bosch GmbH - Business segments
              • Exhibit 173: Robert Bosch GmbH - Key news
              • Exhibit 174: Robert Bosch GmbH - Key offerings
              • Exhibit 175: Robert Bosch GmbH - Segment focus
            • 12.15 Schneider Electric SE
              • Exhibit 176: Schneider Electric SE - Overview
              • Exhibit 177: Schneider Electric SE - Business segments
              • Exhibit 178: Schneider Electric SE - Key news
              • Exhibit 179: Schneider Electric SE - Key offerings
              • Exhibit 180: Schneider Electric SE - Segment focus
            • 12.16 Siemens AG
              • Exhibit 181: Siemens AG - Overview
              • Exhibit 182: Siemens AG - Business segments
              • Exhibit 183: Siemens AG - Key news
              • Exhibit 184: Siemens AG - Key offerings
              • Exhibit 185: Siemens AG - Segment focus
            • 12.17 Universal Security Instruments Inc.
              • Exhibit 186: Universal Security Instruments Inc. - Overview
              • Exhibit 187: Universal Security Instruments Inc. - Product / Service
              • Exhibit 188: Universal Security Instruments Inc. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 189: Inclusions checklist
                • Exhibit 190: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 191: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 192: Research methodology
                • Exhibit 193: Validation techniques employed for market sizing
                • Exhibit 194: Information sources
              • 13.5 List of abbreviations
                • Exhibit 195: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                smoke detectors market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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                • Data on revenue-generating market segments
                • Details on the market shares of various regions
                • Five-force market analysis