Smoke Detector Market A Study of the Industry’s Key Applications and Technologies

Smoke Detector Market

The global smoke detector market size was USD 2.12 billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increase in building fire accidents, rising demand for fire alarm and detection systems in public and private buildings, stringent government regulations requiring installation of fire detection and alarm systems in infrastructure projects, and quick development of sensor technology. A smoke detector system is made up of many devices that work in concert, to detect fire and notify responsible individuals and fire department when fire, smoke, or other dangerous gases, such as carbon monoxide, are present.

A smoke detector is a gadget that detects smoke, usually as a fire indicator. Smoke detectors are commonly enclosed in plastic casings that range in size and form from 150 millimeters (6 inches) in diameter to 25 millimeters (1 inch) in thickness. Smoke can be sensed physically or visually. One or both sensing techniques may be used by detectors. Smoking in prohibited areas can be found and discouraged using sensitive alarms. Large commercial and industrial buildings typically include smoke detectors linked to a central fire alarm system.

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The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.

Key Players Profiled in the Report are:

Hochiki America Corporation, Honeywell International Inc., Johnson Controls., Siemens, Robert Bosch GmbH, NEC Corporation, Google LLC., Schneider Electric, Emerson Electric Co., Halma PLC, and BRK Brands Inc. (Resideo Technologies, Inc.).

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Some Key Highlights

  • On 26 September 2022, Eaton launched a new addressable fire alarm and detection control panel, xDetect, which reduces installation time and cost, while at the same time optimizing ease of use and cyber security. xDetect increases loop power and simplifies control of fire alarms and other peripherals in commercial buildings, enabling a faster response in the event of a fire.
  • The battery-powered segment accounted for largest revenue share in 2021. Smoke detectors with batteries are sensors that identify smoke as the first sign of a fire. In the international market, they are mostly powered by batteries or hybrid systems of cables and batteries. The primary fire alarm system in a big building or residential complex is alerted by a battery-operated smoke detector. In addition, power source is the only distinction between a traditional smoke detector and a battery-operated smoke detector in the international market. Smoke detectors that are only powered by batteries fall under the category of battery-operated smoke detectors. Furthermore, the market for battery-operated smoke detectors will continue to grow as a result of technological developments such as emergence of wireless sensor networks.
  • The maintenance services segment accounted for a significant revenue share in 2021. This is attributed to the fact that routine maintenance is essential for smoke detectors to determine if power needs to be changed. When batteries are changed, smoke detectors operate more effectively. The maintenance services market is therefore expected to expand in the upcoming years. Efficiency of a smoke detector can be hampered by a few reasons, which can raise risk of dangerous fires. These problems include dust and dirt accumulation on smoke detectors, tampering, and faulty installation of these systems. Smoke detectors must be serviced and maintained on a regular basis to guarantee proper operation in an emergency. All these factors are expected to drive revenue growth during the forecast period.

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Emergen Research has segmented the global smoke detector market based on power source, product type, service, end-use, and region:

  • Power Source Outlook (Revenue, USD Billion; 2019-2030)
    • Battery-powered
    • Hardwired with Battery Backup
    • Hardwired without Battery Backup
  • Product Type Outlook (Revenue, USD Billion; 2019-2030)
    • Photoelectric Smoke Detectors
    • Ionization Smoke Detectors
    • Dual-Sensor Smoke Detectors
    • Beam Smoke Detectors
    • Others
  • Service Outlook (Revenue, USD Billion; 2019-2030)
    • Engineering Services
    • Installation & Design Services
    • Maintenance Services
    • Managed Services
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2019-2030)
    • Commercial
    • Residential
    • Industrial

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Smoke Detector market expected to boost the growth of the industry in the coming years.

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