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Smoke Detector - Global Market Trajectory & Analytics

  • ID: 4806132
  • Report
  • September 2020
  • Region: Global
  • 388 pages
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Hochiki Corporation
  • Honeywell International
  • Johnson Controls, Inc..
  • Nec Corporation
  • Nest Labs
  • Robert Bosch Gmbh
  • MORE
Global Smoke Detector Market to Reach $2.6 Billion by 2027

Amid the COVID-19 crisis, the global market for Smoke Detector estimated at US$1.5 Billion in the year 2020, is projected to reach a revised size of US$2.6 Billion by 2027, growing at a CAGR of 7.9% over the analysis period 2020-2027. Battery Powered, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardwired with Battery Backup segment is readjusted to a revised 7.5% CAGR for the next 7-year period.

The U. S. Market is Estimated at $414.4 Million, While China is Forecast to Grow at 12.1% CAGR

The Smoke Detector market in the U. S. is estimated at US$414.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$597.9 Million by the year 2027 trailing a CAGR of 12.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Hardwired without Battery Backup Segment to Record 7% CAGR

In the global Hardwired without Battery Backup segment, USA, Canada, Japan, China and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$171.5 Million in the year 2020 will reach a projected size of US$265.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$361.8 Million by the year 2027, while Latin America will expand at a 8.3% CAGR through the analysis period. We bring years of research experience to this 7th edition of our report. The 388-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:
  • 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)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Hochiki Corporation
  • Honeywell International
  • Johnson Controls, Inc..
  • Nec Corporation
  • Nest Labs
  • Robert Bosch Gmbh
  • MORE
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • 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
  • Global Competitor Market Shares
  • Smoke Detector Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • 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

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
  • Market Facts & Figures
  • US Smoke Detector Market Share (in %) by Company: 2019 & 2025
  • Market Analytics
CANADA

JAPAN

CHINA

EUROPE
  • Market Facts & Figures
  • European Smoke Detector Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics
FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION
  • Total Companies Profiled: 46
Note: Product cover images may vary from those shown
  • Hochiki Corporation
  • Honeywell International
  • Johnson Controls, Inc..
  • Nec Corporation
  • Nest Labs
  • Robert Bosch Gmbh
  • Schneider Electric Sa
  • Siemens Ag
  • Tyco International Plc
  • United Technologies Corporation
Note: Product cover images may vary from those shown
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