The Standalone Smoke and Carbon Monoxide Detector Market in Europe is Projected to Grow at a CAGR of 5.1% During 2019-25
The Europe standalone smoke and carbon monoxide detector market is projected to witness strong growth over the coming years owing to rising awareness and increasing incidence of fire accidents. Further, a rise in government initiatives and stricter fire safety norms would propel the growth of the market over the coming years.
According to this research, the European standalone smoke and carbon monoxide detector market is projected to grow at a CAGR of 5.1% during 2019-25. Smoke and carbon monoxide detectors market is anticipated to grow during the forecast period due to rising construction activities and widespread application as a result of the growing number of man-made fire accidents. Further, Europe has stringent regulations related to fire safety across all sectors which has also supplemented the growth over the coming years. Smoke detectors continued to hold a majority of the revenue share in the European market as these are installed across the residential, hospitality, retail and commercial sectors.
Hospitality and residential domains are the major application areas for smoke and carbon monoxide detectors, and the growth is likely to be backed by the growing tourism sector and reviving the construction sector in the region over the coming years. Further, rising cases of carbon monoxide poisoning and mandatory regulations for installing CO alarms are likely to supplement the growth in the future. Additionally, the healthy state of the industry in the region is likely to aid the growth trend.
The report thoroughly covers the market by type and countries. The report provides an unbiased and detailed analysis of the on-going Europe standalone smoke and carbon monoxide detectors market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report
- Historical data & Forecast of Europe Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of France Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of United Kingdom Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of Netherlands Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of Italy Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of Spain Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of Germany Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Historical data & Forecast of Rest of Europe Standalone Smoke and Carbon Monoxide Detector Market Revenues for the Period 2015-2025F
- Market Drivers, Restraints and Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Player’s Revenue Shares/Rankings
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
By Product Type
- Smoke Detectors
- Carbon Monoxide Detectors
By Countries
- Italy
- Spain
- France
- Netherlands
- Germany
- United Kingdom
- Rest of Europe
Table of Contents
1. Executive Summary
Samples
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Companies Mentioned
- Detnov Fire Systems
- Hekatron Vertribes Gmbh
- Hochiki Corporation
- Honeywell International Inc.
- Johnson Control
- Nittan Co. Ltd.
- Panasonic Corporation
- Siemens AG
- Tyco Fire Systems
- UTC Corporation
Methodology
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