Global Residential Smart Smoke Detectors Market 2017-2021

  • ID: 4143806
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Birdi
  • BRK Brands
  • ENERWAVE
  • Everspring Industry
  • Foobot – Airboxlab
  • Halo Smart Labs
  • MORE
About Residential Smart Smoke Detectors

A smoke detector can detect a fire break out and prevent it from spreading by enabling security measures. Smoke detectors are connected to alarm systems, which emit a high-pitched alarm tone to warn residents of potential danger, thus, preventing accidents. Smart smoke detectors are enabled with Bluetooth and Wi-Fi and can be operated by using an app on a smartphone.

The analysts forecast the global residential smart smoke detectors market to grow at a CAGR of 39.07% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global residential smart smoke detectors market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Residential Smart Smoke Detectors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Birdi
- BRK Brands
- Everspring Industry
- Halo Smart Labs
- Nest Labs

Other prominent vendors
- ENERWAVE
- Foobot – Airboxlab
- Leeo
- Netatmo

Market drivers
- Connected feature offering premium feature advantage to product offerings thereby enabling premium pricing.
- For a full, detailed list, view the full report

Market challenges
- Higher price compared to conventional smoke detectors and price wars among existing vendors.
- For a full, detailed list, view the full report

Market trends
- Hard-wired power option for battery-operated smart smoke detectors, and integration with the other installed smoke detectors.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Birdi
  • BRK Brands
  • ENERWAVE
  • Everspring Industry
  • Foobot – Airboxlab
  • Halo Smart Labs
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by sensor type
  • Global residential smart smoke detectors market by sensor type
PART 07: Geographical segmentation
  • Global residential smart smoke detectors market by geography
  • Residential smart smoke detectors market in Americas
  • Residential smart smoke detectors market in EMEA
  • Residential smart smoke detectors market in APAC
PART 08: Key leading countries

PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 11: Market trends

PART 12: Vendor landscape
  • Competitive scenario
  • Key players in global residential smart smoke detectors market
  • Competitive assessment of top five vendors
PART 13: Key vendor analysis
  • Birdi
  • BRK Brands
  • Everspring Industry
  • Halo Smart Labs
  • Nest Labs
  • Other prominent vendors
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global residential smart smoke detectors market
Exhibit 02: Global residential smart smoke detectors market 2016-2021 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: Global residential smart smoke detectors market by sensor type 2016 and 2021 (% share)
Exhibit 05: Global residential smart smoke detectors market by sensor type 2016 and 2021 ($ million)
Exhibit 06: Global residential smart smoke detectors market by geography 2016
Exhibit 07: Global residential smart smoke detectors market by geography 2021
Exhibit 08: Global residential smart smoke detectors market 2016-2021 (% share)
Exhibit 09: Global residential smart smoke detectors market 2016-2021 ($ millions)
Exhibit 10: Residential smart smoke detectors market in Americas 2016-2021 ($ millions)
Exhibit 11: Residential smart smoke detectors market in EMEA 2016-2021 ($ millions)
Exhibit 12: Residential smart smoke detectors market in APAC 2016-2021 ($ millions)
Exhibit 13: Impact of drivers
Exhibit 14: Impact of challenges
Exhibit 15: Smart smoke detectors of various players
Exhibit 16: Key players in global residential smart smoke detectors market 2016
Exhibit 17: Competitive assessment of top five vendors
Exhibit 18: Birdi in global residential smart smoke detectors market
Exhibit 19: BRK Brands: Product segmentation
Exhibit 20: BRK Brands in global residential smart smoke detectors market
Exhibit 21: Everspring Industry: Product segmentation
Exhibit 22: Everspring Industry in global residential smart smoke detectors market
Exhibit 23: Halo Smart Labs: Product segmentation
Exhibit 24: Halo Smart Labs in global residential smart smoke detectors market
Exhibit 25: Nest Labs: Product segmentation
Exhibit 26: Nest Labs in global residential smart smoke detectors market
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Birdi
  • BRK Brands
  • ENERWAVE
  • Everspring Industry
  • Foobot – Airboxlab
  • Halo Smart Labs
  • MORE
New Report Released: – Global Residential Smart Smoke Detectors Market 2017-2021

The author of the report recognizes the following companies as the key players in the global residential smart smoke detectors market: Birdi, BRK Brands, Everspring Industry, Halo Smart Labs, and Nest Labs.

Other Prominent Vendors in the market are: ENERWAVE, Foobot – Airboxlab, Leeo, and Netatmo.

Commenting on the report, an analyst from the research team said: “One trend in market is hard-wired power option for battery-operated smart smoke detectors, and integration with the other installed smoke detectors. Hard-wired smoke detectors come with cables that hook into customer's home’s electrical system. The battery backup prevents the smoke detectors from becoming inactive. Hard-wired smoke detector products are extremely reliable option as the losing power is low. For instance, in 2016, The Birdi Smart Detector and Halo Smart Smoke Alarm had launched smart smoke detectors that provide additional connected fire safety options. The Birdi Smart Detector includes Bluetooth and Wi-Fi interface with future HomeKit compatibility. The major players in the market such as Nest Labs and First Alert offer Wi-Fi capable smoke detectors that include Nest Protect 2nd Gen Alarm and the First Alert OneLink HomeKit Enabled Alarm that supports remote CO and smoke alarm monitoring through Wi-Fi network. Both these products also support hard-wired power installations.”

According to the report, one driver in market is connected feature offering premium feature advantage to product offerings thereby enabling premium pricing. The smart smoke detectors are highly priced when compared to the normal traditional smoke detectors because of an additionally connected feature to the app that is offered by the smart smoke detectors. Smart smoke detectors providers such as OneLink, Halo, and Birdi, monitor home for smoke, fire, and carbon monoxide. Some of the smart smoke detectors also warn about the oncoming natural disasters and storms. Smart smoke detectors can be connected to the phone through a Wi-Fi or Bluetooth. It sends alerts directly to the mobile when the smoke or CO rises in the home. Additionally, the user can cut down on annoying false alarms that are caused by cooking or steam.

Further, the report states that one challenge in market is higher price compared to conventional smoke detectors and price wars among existing vendors. The high cost of residential smart smoke detectors can deter cost-conscious consumers from investing in these products. When compared to the normal smoke detectors, the cost of smart smoke detectors is high. Apart from the initial investment, other expenses such as installation and regular maintenance are also high for residential smart smoke detectors, which hinders the adoption of these products among customers. The maintenance includes regular testing of the battery and the alarm, replacement of the batteries annually and cleaning the alarm. The increase in competition among vendors is one of the major challenges in the global residential smart smoke detectors market. Some of the existing major players in the market have good market share. Several new players are trying to provide products at low prices to gain market share. However, this will lead to players suffering from reduced profit margins in the long run.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Birdi
  • BRK Brands
  • Everspring Industry
  • Halo Smart Labs
  • Nest Labs
  • ENERWAVE
  • Foobot – Airboxlab
  • Leeo
  • Net
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Note: Product cover images may vary from those shown
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