Smoke Detector Market
Smoke Detector Market is expected to reach US$2.60 billion at a CAGR of % during forecast year. Smoke detector is device which sense the smoke and give indication for the fire.
Smoke Detector Market is segmented by detector type into photoelectric smoke detector, ionization smoke detector, Dual sensor smoke detector. Based on the mechanism type smoke detector market categorised into battery powered, hardwired with battery backup, and hardwired without battery backup. By application smoke detector market is fragmented into residential, commercial, industrial and oil, gas and mining industry. In terms of region smoke detector market is segmented into North America, Europe, Asia-Pacific, Middle East Africa and Latin America.
Smoke Detector Market, By region
Growing innovation in the smoke detection technic, initiative taken by government over the protection from fire, Increase injuries or deaths due to fire incidents into commercial and residential applications are rising the demand for smoke detector. High initial and repairing cost for the smoke detector are limiting the growth in smoke detector market.
In terms of region, Europe is expected to dominate the market. In number of countries such as Austria and Germany are installing smoke detector alarm in residence area which helps to drive the smoke detector market in Europe region. Furthermore, Asia-Pacific is expected to increase smoke detector market owing to expansion of industrialisation by developing countries India and China need to use of smoke detection in manufacturing area to protect the industry from fire.
The objective of the report is to present comprehensive analysis of Smoke Detector Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Smoke Detector Market dynamics, structure by analyzing the market segments, and project the Smoke Detector Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Smoke Detector Market make the report investorâ€™s guide.
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Scope of the Smoke Detector Market:
Smoke Detector Market, By detector type
â€¢ Ionization smoke detector
â€¢ Photoelectric smoke detector
â€¢ Dual sensor smoke detector
Smoke Detector Market, By mechanism type
â€¢ Battery powered
â€¢ Hardwired with battery backup
â€¢ Hardwired without battery backup
Smoke Detector Market, By application
â€¢ Oil, gas & mining
Smoke Detector Market, By region
â€¢ North America
â€¢ Latin America
â€¢ Middle East Africa
Key players in the Smoke Detector Market
â€¢ Honeywell International
â€¢ Siemens AG
â€¢ Johnson Control
â€¢ Robert Bosch
â€¢ NEC Corporation
â€¢ Nest labs
â€¢ Schneider Electric
â€¢ United Technologies Corporation
â€¢ Hochiki Corporation
â€¢ Kidde fire safety
â€¢ Gentex Corporation
â€¢ Mircom Group
â€¢ MSA safety
â€¢ Apollo Fire Detectors
â€¢ General Monitors
â€¢ Universal Security Instruments
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