The global smoke detectors market size is expected to reach $3,405.7 million in 2027, from $1,807.0 million in 2019, growing at a CAGR of 8.3% from 2020 to 2027. Smoke detectors are mainly mounted on the ceilings of residential and non-residential buildings to identify the presence of smoke. The detection of smoke triggers an alarm to alert the occupants, and thereby, avoids fatalities caused due to fire hazards. Properly planned installation of smoke detectors minimizes the risks of sudden fire hazard and reduces the loss and damage of property as well as human life. Smoke detectors are classified into two main types mainly, photoelectric smoke detectors and ionization smoke detectors. However, the combination of both these types is also available in the market.
The growth in construction industry globally is a major driving factor for the implementation of smoke detectors in both residential and commercial buildings. People are becoming aware about the circumstances of fire hazards and its heavy toll on both human and property assets. This motivates the use of smoke detectors as they are an inexpensive alternative for fire prevention. Moreover, the various governments have passed stringent laws and regulations regarding fire safety for both residential, commercial, and industrial buildings. These laws make it mandatory to install smoke detectors and sprinkler systems while construction of these buildings to avoid fire related hazards.
Implementation of such laws and regulations drive the growth of the smoke detectors market globally. However, the complications in installation and operation of smoke detectors is expected to restrain market growth. The main disadvantage of smoke detectors is the possibility of false alarms. A smoke detector may go off irrespective of the source of smoke, for instance, it may get triggered by smoke generated in kitchens, directed cigarette smoke, presence of dust or insects, and others. The detector should be installed at places that are likely to catch fires, which needs to be planned properly. These installation services often incur high costs, which in turn can hamper the implementation of smoke detectors; thereby, restraining the growth of the smoke detector market industry globally.
On the contrary, the developing and under-developed countries possess greater opportunities for the growth of smoke detector market. Lack of awareness, illiteracy, poor economic conditions, and others mainly hamper the use of smoke detectors. However, the government efforts for spreading awareness toward fire safety is expected to create lucrative opportunities for the smoke detectors market growth.
The global smoke detectors market is divided on the basis of installation type, product type, end user, and region. By installation type, the market is bifurcated into hardwired and battery-operated smoke detectors. By product type, it is fragmented into ionization smoke detectors, photoelectric smoke detectors, dual sensor smoke detectors, and others. Based on end user, the market is classified into commercial, manufacturing, residential, automotive, telecommunications, oil, gas & mining, and others.
The global smoke detectors market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to hold the largest smoke detector market share throughout the study period and Europe is expected to grow at the fastest rate.
COMPETITION ANALYSIS
The key market players profiled in the report include Ceasefire Industries Pvt. Ltd, Hochiki Corporation, Honeywell International, Johnson Control, Nest labs, Protec Fire Detection Plc, Robert Bosch, SECOM CO., LTD, Schneider Electric, Siemens AG, and United Technologies Corporation.
Many competitors in the smoke detector market adopted product launch as their key developmental strategy to expand their smoke detector product portfolio for the technological upgradations. For instance, in August 2019, the company Honeywell launched the VESDA-E VES aspirating smoke detectors, within its VESDA-E range of advanced smoke detectors. The product enables the users to divide protected areas into four different sectors, which assists in ensuring early detection and warning of potential threats. Similarly, in July 2018, Hochiki Corporation launched FIREscape+ innovative system, which combines fire detection, emergency lighting, and wayfinding technology through its Europe based subsidiary Hochiki Europe. It features innovative wayfinding system, intelligent false alarm management system, and offers efficient installation and maintenance solutions.
KEY BENEFITS FOR STAKEHOLDERS
GLOBAL SMOKE DETECTORS MARKET SEGMENTS
BY INSTALLATION TYPE
BY PRODUCT TYPE
BY END USER
BY REGION
KEY PLAYERS
The growth in construction industry globally is a major driving factor for the implementation of smoke detectors in both residential and commercial buildings. People are becoming aware about the circumstances of fire hazards and its heavy toll on both human and property assets. This motivates the use of smoke detectors as they are an inexpensive alternative for fire prevention. Moreover, the various governments have passed stringent laws and regulations regarding fire safety for both residential, commercial, and industrial buildings. These laws make it mandatory to install smoke detectors and sprinkler systems while construction of these buildings to avoid fire related hazards.
Implementation of such laws and regulations drive the growth of the smoke detectors market globally. However, the complications in installation and operation of smoke detectors is expected to restrain market growth. The main disadvantage of smoke detectors is the possibility of false alarms. A smoke detector may go off irrespective of the source of smoke, for instance, it may get triggered by smoke generated in kitchens, directed cigarette smoke, presence of dust or insects, and others. The detector should be installed at places that are likely to catch fires, which needs to be planned properly. These installation services often incur high costs, which in turn can hamper the implementation of smoke detectors; thereby, restraining the growth of the smoke detector market industry globally.
On the contrary, the developing and under-developed countries possess greater opportunities for the growth of smoke detector market. Lack of awareness, illiteracy, poor economic conditions, and others mainly hamper the use of smoke detectors. However, the government efforts for spreading awareness toward fire safety is expected to create lucrative opportunities for the smoke detectors market growth.
The global smoke detectors market is divided on the basis of installation type, product type, end user, and region. By installation type, the market is bifurcated into hardwired and battery-operated smoke detectors. By product type, it is fragmented into ionization smoke detectors, photoelectric smoke detectors, dual sensor smoke detectors, and others. Based on end user, the market is classified into commercial, manufacturing, residential, automotive, telecommunications, oil, gas & mining, and others.
The global smoke detectors market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to hold the largest smoke detector market share throughout the study period and Europe is expected to grow at the fastest rate.
COMPETITION ANALYSIS
The key market players profiled in the report include Ceasefire Industries Pvt. Ltd, Hochiki Corporation, Honeywell International, Johnson Control, Nest labs, Protec Fire Detection Plc, Robert Bosch, SECOM CO., LTD, Schneider Electric, Siemens AG, and United Technologies Corporation.
Many competitors in the smoke detector market adopted product launch as their key developmental strategy to expand their smoke detector product portfolio for the technological upgradations. For instance, in August 2019, the company Honeywell launched the VESDA-E VES aspirating smoke detectors, within its VESDA-E range of advanced smoke detectors. The product enables the users to divide protected areas into four different sectors, which assists in ensuring early detection and warning of potential threats. Similarly, in July 2018, Hochiki Corporation launched FIREscape+ innovative system, which combines fire detection, emergency lighting, and wayfinding technology through its Europe based subsidiary Hochiki Europe. It features innovative wayfinding system, intelligent false alarm management system, and offers efficient installation and maintenance solutions.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging global smoke detectors market trends and dynamics.
- In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2018 and 2026.
- Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing smoke detectors market opportunity.
- The global smoke detectors market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within the market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the industry.
GLOBAL SMOKE DETECTORS MARKET SEGMENTS
BY INSTALLATION TYPE
- Hardwired Smoke Detectors
- Battery-operated Smoke Detectors
BY PRODUCT TYPE
- Ionization Smoke Detectors
- Photoelectric Smoke Detectors
- Dual Sensor Smoke Detectors
- Others
BY END USER
- Commercial
- Manufacturing
- Residential
- Automotive
- Telecommunications
- Oil, Gas, & Mining
- Others
BY REGION
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- The UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Ceasefire Industries Pvt. Ltd.
- Hochiki Corporation
- Honeywell International
- Johnson Control
- Nest labs
- Protec Fire Detection Plc
- Robert Bosch GmbH
- SECOM CO., LTD.
- Schneider Electric
- Siemens AG
- United Technologies Corporation.
Table of Contents
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Smoke Detectors Market, by Product Type
Chapter 5 Global Smoke Detectors Market, by End-User Industry
Chapter 6 Smoke Detectors Market, by Geography
Chapter 7 Company Profiles
Executive Summary
According to the report titled, 'Smoke Detector Market by Installation Type, Product Type, and EndUser: Opportunity Analysis and Industry Forecast, 2020-2027', the global Smoke Detector Market size is expected to reach $3,405.7 million in 2027, from $1,807.0 million in 2019, growing at a CAGR of 8.3% from 2020 to 2027. In 2019, North Americadominated the market, in terms of revenue, accounting for over 36.6% share of the globalSmoke Detector Market size.Smoke detectors minimize the hazards caused due to accidental fire outbreaks by using an alarm system to detect accumulation of smoke. The smoke detectors may or may not be attached to water sprinklers which turn on with the discernment of smoke, and thereby avoid human and property loss. Fire safety is an important part of building planning and construction, and the stringent governmental laws are making it necessary to installation smoke detection systems in commercial, residential, and industrial structures.Smoke detectors are most widely classified into types, namely, photoelectric smoke detectors and ionization smoke detectors. However, dual sensors smoke detectors are also available, which integrate both photoelectric as well as ionization principles.
The ionization smoke detectors are more responsive to flaming fires or immediate fires, whereas the photoelectric smoke detectors respond to smoldering fires, which are slowly spread without alarming the occupants. Thus, it is necessary for the engineers to design the fire prevention system considering criteria such as type of possible fire outbreak, size of rooms, number of occupants, type of building, and others to choose the suitable kind of detector. Taking this in consideration, the photoelectric smoke detectors are more widely utilized globally.
Moreover, the European and North American countries are major consumers of smoke detectors and fire prevention equipment in the global smoke detector market industry. The developed countries in these regions have stringent government policies regarding fire safety and prevention, which makes it mandatory for the installation of smoke detectors in commercial, residential, and industrial buildings. Although, the economic growth in the developing countries such as India, China, Brazil, and others in the Asia-Pacific, Latin America, andAfricanregion is creating lucrative opportunities for the implementation of smoke detectors. Based on the endusers, the commercial segment holds the major market share. However, the residential segment exhibits fastest growth rate during the forecast period.
North Americaaccounted for the highest revenue in 2019 compared to other regions due to growth in consumer spending on construction activities especially in the U.S. and Canada. In Europe, the stringent government laws and regulations are fostering the demand of smoke detector installations; thereby, driving the Smoke Detector Market growth in the region.
The global Smoke Detector Market is divided on the basis of installation type, product type, enduser, and region. By installation type, the market is bifurcated into hardwired and battery-operated smoke detectors. By product type, it is fragmented into ionization smoke detectors, photoelectric smoke detectors, dual sensor smoke detectors, and others. Based on enduser, the market is classified into commercial, manufacturing, residential, automotive, telecommunications, oil, gas & mining, and others.
The global Smoke Detector Marketanalysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Findings Of The Study
By installation type, the hardwiredsegment dominated the global Smoke Detector Marketshare in 2019, in terms of revenue.
By product type, the photoelectric segment accounted for maximum share of the smoke detector industry in 2019.
By enduser, the commercial segment generated the highest revenues during 2019 in the Smoke Detector market globally.
By region, North Americais projected to be one of the most dominant regions and Europe is expected to witness a high growth rate during the forecast period.
The major players operating in the smoke detectors industry include Ceasefire Industries Pvt. Ltd, Hochiki Corporation, Honeywell International, Johnson Control, Nest labs, Protec Fire Detection Plc, Robert Bosch, SECOM CO., LTD, Schneider Electric, Siemens AG, and United Technologies Corporation.
Companies Mentioned
- Ceasefire Industries Pvt. Ltd
- Hochiki Corporation
- Honeywell International
- Johnson Control
- Nest labs
- Protec Fire Detection Plc
- Robert Bosch
- SECOM CO. Ltd
- Schneider Electric
- Siemens AG
- United Technologies Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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