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This region-based industry research report presents a detailed overview of the residential smoke detectors market in the US 2016-2020 and includes segmentations based on the sensor type (photoelectric, ionization, dual sensors, and others) and the power source (battery powered, hardwiring with backup batteries, and hardwiring without backup batteries). The leading vendors in this market are BRK, Honeywell, Kidde, and Siemens.
The market for residential smoke detectors in the US is anticipated to grow at a CAGR of more than 7% until 2020 and will be positively affected by the increase in residential construction and replacement demand for smoke detectors. A critical factor that spurs the prospects for growth in this market is the increasing government support in the form of grants to the fire departments of various states in the US for the installation of smoke detectors. Furthermore, factors such as technological advancements in smoke detector technologies, growing awareness among the end users, and aging residential infrastructure in the country will aid in the growth of this market during the estimated period.
Technavio’s market research analyst have estimated eminent factors, such as the integration of smoke detectors with building systems, to impel market growth during the forecast period. The integration of smoke detectors with building systems yields various operational and economic benefits, which includes reduced cost of the overall systems, decreased energy usage and enhanced communication during emergency situations. Honeywell’s EBI integrates life safety solutions with other building management systems that help the user to not only maintain more cost-effective control over their facilities but also respond faster and more effectively to emergencies.
In this market research, analysts have estimated the photoelectric smoke detector segment to account for more than 58% of the total market share by 2020. The decreasing application of ionization smoke detectors due to its inability to detect life-threatening fires will result in the augmented adoption of photoelectric smoke detectors.
Technavio’s market research analyst has estimated the battery powered smoke detectors segment to be the largest market segment during the forecast period. This market segment currently dominates the market for residential smoke detectors in the US and is envisaged to retain its dominating hold over the market until 2020 owing to the high current replacement demand. By 2020, this market segment will account for an impressive market share of more than 59%.
The residential smoke detectors market in the US competitive as the vendors strive to provide high-quality products with additional features to the end users. The rapidly changing technological environment will negatively affect the vendors’ growth potential as customers expect continual innovations and upgrades. The present market scenario is forcing vendors to alter and refine their unique value proposition to achieve a strong market presence.
Leading vendors analyzed are -
Other prominent vendors in this market are System Sensors, USI Electric/Universal, Mircom, Hochiki America, Apollo Fire Detectors, Xtralis, and Gentek.
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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.
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