Global Smoke Detectors Strategic Business Report 2023: 11 Players Featuring Including Hochiki, Honeywell International, Johnson Controls and NEC


Dublin, Feb. 15, 2023 (GLOBE NEWSWIRE) -- The "Smoke Detectors: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Smoke Detectors estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030

. Hardwired with Battery Backup, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$3.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Battery Powered segment is readjusted to a revised 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 9.1% CAGR

The Smoke Detectors market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 5.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$862.4 Million by the year 2030.

Select Competitors (Total 11 Featured) -

  • Hochiki Corporation
  • Honeywell International, Inc.
  • Johnson Controls, Inc.
  • NEC Corporation
  • Nest Labs
  • Robert Bosch GmbH
  • Schneider Electric SA
  • Siemens AG
  • Tyco International PLC
  • United Technologies Corporation (UTC)

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages279
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$4.1 Billion
Forecasted Market Value (USD) by 2030$6.3 Billion
Compound Annual Growth Rate5.5%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Commercial Wireless Smoke Detectors
  • Aircraft Smoke Detection and Fire Extinguishing System
  • Advanced Early Warning Laser Smoke Detection Technology
  • Types of Heat and Smoke Detection
  • Commercial Fire Alarm Systems Application
  • Smoke Detector - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rise in Infrastructural Investments Drives Installation of Smoke Detectors
  • Rapid Urbanization Supports Installations of Smoke Detectors
  • Smart Phone or Camera-Enabled Device
  • IoT Smoke Detectors Devices
  • Voice Annunciation Detectors
  • Smart Smoke Detectors
  • Safety Innovations of Smoke Alarms
  • Advancements Enabled by Technology: Smoke Detection & Fire Detection Options
  • Fire Safety Technology
  • Recovery in Construction Industry and Impact of Fire & Smoke Alarm Manufacturing Industry Revenues

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/4j4ibe-detectors?w=12

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Attachment

 
Global Market for Smoke Detectors

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