The “Residential smoke detector market 2021-2027” report was added to ResearchAndMarkets.com offer.
The global residential smoke detector market is expected to grow significantly at a CAGR of 5.0% during the forecast period. The market is expected to witness impressive growth during the forecast period with some key trends such as increasing awareness of building fire safety as well as increasing sustainability in construction industry. Residential buildings are more susceptible to damage even by small fires, this is also one of the major factors propelling the demand for smoke or fire detectors as mandatory safety equipment. In addition, the cost of upgrading from traditional detection system to modern detection system is very high which is the main factor hindering the growth of the market.
Apollo Fire Detectors Ltd.
Cease-fire Industries Pvt. Ltd.
Detector Electronics Corp.
Emerson Electric Co.
Everspring Industry Co., Ltd.
General Motors Co.
Hochiki America Corp.
Honeywell International Inc.
Johnson Controls, Inc.
Lansinoh Laboratories, Inc.
Nest Labs Inc. (Google Nest)
Groupe Protec Incendie & Sécurité Ltée
Robert Bosch GmbH
Schneider Electric SE
SECOM Co., Ltd.
Universal Security Instruments, Inc.
The global residential smoke detector market has seen a sharp decline during the COVID-19 pandemic as several countries around the world have experienced lockdowns due to the pandemic. For this reason, shutdown of manufacturing facilities across the world and disruption of the supply chain have been seen due to the shutdown of economies. In addition, factory workers have been forced to stay at home or work at reduced capacity, putting pressure on global supply chains by affecting the maintenance of fire detectors and other safety equipment. The smoke detector market is also penalized by delays in construction activities.
The global residential smoke detector market can be divided on the basis of type and power source. Based on the type, the market is segmented into photoelectric smoke detectors, ionization smoke detectors, dual sensor smoke detectors, and optical sensor smoke detectors. Technological developments, such as photoelectric and dual sensors, have improved the response time of the system and, with the help of advanced technology, have significantly reduced the incidence of false alarms, which has shown segmental growth. . On the basis of the power source, the market is categorized into battery power and wiring.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is the fastest growing market for the global residential smoke detector market. This is due to the increase in the number of residential and commercial projects which tend to increase the demand for smoke detectors in India and China. As the market in Africa is driven by the rapid pace of industrialization and urbanization. North America dominates the market due to significant investments in infrastructure, government support and increased public awareness of fire safety measures.
The report covers
Comprehensive research methodology of the Global Residential Smoke Detector Market.
This report also includes a detailed and comprehensive overview of the market with key analyst insights.
A comprehensive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global residential smoke detector market.
Insights into the market determinants driving the Global Residential Smoke Detector Market.
Detailed and extensive market segments with regional distribution of expected revenues.
Extensive profiles and recent developments of market players.
Main topics covered:
1. Summary of the report
2. Market overview and information
2.1. Scope of the report
2.2. Analyst analysis and current market trends
2.2.1. Main conclusions
3. Competitive landscape
3.1. Key company analysis
3.1.2. Financial analysis
3.1.3. SWOT analysis
3.2. Key strategy analysis
3.3. Impact of COVID-19 on key players
4. Market determinants
5. Market segmentation
5.1. Global Residential Smoke Detector Market by Type
5.1.1. Photoelectric smoke detectors
5.1.2. Ionization smoke detectors
5.1.3. Dual sensor smoke detectors
5.1.4. Optical sensor smoke detectors
5.2. Global Residential Smoke Detector Market By Powered Source
5.2.1. Battery powered
6. Regional analysis
7. Company profiles
For more information on this report, visit https://www.researchandmarkets.com/r/fj6cev