Global Smoke Detector Market Size, Share, Opportunities, And Trend By Installation Type (Hardwired Smoke Detectors, Battery- Operated Smoke Detectors), By Product Type (Ionization Smoke Detector, Photoelectric Smoke Detector, Dual Sensor Smoke Detector, Others), By End-User (Commercial, Manufacturing, Residential, Automotive, Telecommunications, Mining, Oil, Gas, And Mining, Others), And By Geography - Forecasts From 2024 To 2029

  • Published : Sep 2024
  • Report Code : KSI061610244
  • Pages : 124
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The global smoke detectors are expected to grow at a CAGR of 8.64%, reaching a market size of US$3.567 billion in 2029 from US$2.356 billion in 2024.

A smoke detector is a specific type of device used to detect smoke or fire in buildings and factories. For industrial and domestic purposes, smoke detectors are efficiently utilized. Certain hazardous fire accidents occurring in residential or non-residential buildings can be efficiently detected and prevented by smoke detectors or alarms. They are designed so that they are efficiently placed on walls or roofs so that the smoke rises upwards during fires. Smoke detectors with alarm systems placed on rooftops and walls can efficiently recognize smoke signals and produce an alarm to help people escape from fires. This is especially important because fires frequently occur in factories and industrial buildings, and having proper alarm systems in place can help prevent injuries and save lives. Adequate safety measures, including installing adequate safety measures such as smoke detectors in residential or non-residential environments, can help reduce serious financial losses and injuries associated with various fire accidents.

Global Smoke Detectors Market Drivers:

  • Rising government regulations

The high support of governmental bodies in providing safety measures and ensuring safe working conditions in factories is boosting the demand for smoke detectors in the global market. The increasing number of fire accidents in industries, residential and non-residential areas, has made the government make more rules and regulations to ensure proper safety. Mandatory rules in the industrial sector provide more worker safety and fire protection systems. The international code for the working of factories and industries also demands safer and more secure regulations and safety systems for production plants and industries. These mandatory regulations of the international government to avoid fire accidents and ensure more safety drive the market growth of smoke detectors.

  • Increasing use in the residential sector

The implementation of residential safety standards is driving the market. The US Fire Administration (USFA) established the guidelines in response to growing concerns about fire safety. Smoke detectors must now be installed inside every bedroom, outside each sleeping area, and on each level of the home, including the basement, and one carbon monoxide detector on each level and in each sleeping area. Since photoelectric detectors can quickly identify smoke from burning clothing and furniture, they are typically found in smart homes, which has also increased the number of fire services in the UK. As a result, the number of smoke detector installations in homes will continue to rise.

  • Rising technological advancements

The growing trend of smart devices has transformed the traditional range of products. Technologies, including artificial intelligence, robotic process automation, machine learning, Internet of Things, etc. that are integrated with smoke detectors have enhanced security solutions systems. They offer advanced risk monitoring, help customers prevent false alarms, and allow taking necessary action in critical situations. IoT-based smoke detectors notify the user of regular maintenance and the need to replace existing accessories or batteries. In addition, smart city development and industrial automation are causing possible changes in smoke detector market trends.

  • Rising awareness of fire safely

Predominantly, rising levels of perception regarding the consequences of fire disasters on individuals or possessions are the leading factor governing this smoke detector industry. Indeed, there have been regular educational campaigns coupled with media coverage, which have brought about increased public consciousness of the importance of detecting fires early enough. Smoke detector adoption among residential and commercial users has increased dramatically due to this increased awareness, propelling market expansion. The market is seeing a steady increase in demand as people and organizations realize how important smoke detectors are to reducing property damage and preventing casualties. Modern smoke alarms have advanced features like voice activation for recorded or personalized messages. Some models have built-in escape lights, and some have quiet buttons that temporarily turn off annoying alarms.

Global Smoke Detectors Market Restraints:

  • Limited range of smoke detectors

A smoke detector's ability to detect fire is restricted to a certain range. For example, the detectors on the second floor of the building might not sound the alarm if the fire starts on the first floor. Accidents could occur as a result of the fire flames becoming denser. This results in the detectors being installed throughout the building, which raises the installation cost. Similarly, these detectors occasionally might miss a fire starting on the other side of a closed door. Detectors must be positioned on both sides of the door in these circumstances.

Global Smoke Detectors Market Geographical Outlook

  • North America is witnessing exponential growth during the forecast period

The US Fire Administration has established regulations requiring the installation of smoke detectors in every bedroom, outside every sleeping area, and on every floor of the house, including the basement. Each level and sleeping area must also have a single carbon monoxide detector. Gadgets designed to keep buildings free of deadly and poisonous gases during a blaze are available on the market. As time went on, this industry has continued to expand in North America due to growing public cognizance regarding the dangers posed by carbon monoxide entering into residences, as evidenced by organizations like the United States Consumer Product Safety Commission and the National Fire Protection Association, among others.

Global Smoke Detectors Market Key Launches

  • In August 2023, Hikvision India launched independent gas and smoke alarm systems that are compatible with each other. The photoelectric smoke detectors are represented by HF-S2E Eco and NP-FY200 brand-new models. Meanwhile, the HF-GM100 Carbon monoxide gas detection system is being marketed elsewhere, mainly for Indian consumers.
  • In June 2023, Kidde launched three devices equipped with HomeSafeTM, including completely integrated home health and safety devices. Kidde makes products designed to improve safety and wellness in houses.   These extra smart detection devices, which are linked to the Kidde app via Kidde HomeSafe technology, can instantly alert users to potential home safety risks like smoke, carbon monoxide (CO), and indoor air quality (IAQ) problems. With the recent fire events in Canada and the beginning of the wildfire season in the Western U.S., it is especially important to track indoor air quality (IAQ). Kidde offers devices that can assist you in creating a safe and healthy home. Kidde is a division of Carrier Global Corporation, a leader in intelligent energy and climate solutions globally

The Global Smoke Detectors market is segmented and analyzed as follows:

  • 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
    • Mining
    • Oil, Gas, and Mining
    • Others
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • UK
      • Others
    • Middle East and Africa
      • Saudi Arabia
      • UAE
      • Others
    • Asia Pacific
      • China
      • India
      • Japan
      • South Korea
      • Taiwan
      • Thailand
      • Indonesia
      • Others

Frequently Asked Questions (FAQs)

The global smoke detector market is expected to reach a market size of US$3.567 billion by 2029.

Smoke Detector Market is valued at US$2.356 billion in 2024.

The smoke detector market is expected to grow at a CAGR of 8.64% during the forecast period.

The increasing need for proper safety measures for the efficient working of industries and factories is giving potential to the smoke detector market growth.

Europe region is expected to hold the largest share of the smoke detector market due to the increasing number of production plants and industries in the region.

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key Benefits to the Stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. CXO Perspective

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL SMOKE DETECTOR MARKET BY INSTALLATION TYPE

5.1. Introduction

5.2. Hardwired Smoke Detectors

5.3. Battery- operated Smoke detectors

6. GLOBAL SMOKE DETECTOR MARKET BY PRODUCT TYPE

6.1. Introduction

6.2. Ionization Smoke Detectors

6.3. Photoelectric Smoke Detectors

6.4. Dual Sensor Smoke Detectors

6.5. Others

7. GLOBAL SMOKE DETECTOR MARKET BY END-USER 

7.1. Introduction

7.2. Commercial

7.3. Manufacturing

7.4. Residential

7.5. Automotive

7.6. Telecommunication

7.7. Mining

7.8. Oil, Gas, and Mining

7.9. Others

8. GLOBAL SMOKE DETECTOR MARKET BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. By Installation Type

8.2.2. By Product Type

8.2.3. By End-User 

8.2.4. By Country

8.2.4.1. USA

8.2.4.2. Canada

8.2.4.3. Mexico

8.3. South America

8.3.1. By Installation Type

8.3.2. By Product Type

8.3.3. By End-User 

8.3.4. By Country

8.3.4.1. Brazil

8.3.4.2. Argentina

8.3.4.3. Others

8.4. Europe

8.4.1. By Installation Type

8.4.2. By Product Type

8.4.3. By End-User 

8.4.4. By Country

8.4.4.1. Germany

8.4.4.2. France

8.4.4.3. UK

8.4.4.4. Others

8.5. Middle East and Africa

8.5.1. By Installation Type

8.5.2. By Product Type

8.5.3. By End-User 

8.5.4. By Country

8.5.4.1. Saudi Arabia

8.5.4.2. UAE

8.5.4.3. Others

8.6. Asia Pacific

8.6.1. By Installation Type

8.6.2. By Product Type

8.6.3. By End-User 

8.6.4. By Country

8.6.4.1. China

8.6.4.2. India

8.6.4.3. Japan

8.6.4.4. South Korea

8.6.4.5. Taiwan

8.6.4.6. Thailand

8.6.4.7. Indonesia

8.6.4.8. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Competitive Dashboard

10. COMPANY PROFILES

10.1. Hochiki Corporation

10.2. Honeywell International

10.3. Johnson Controls International plc

10.4. Google (Nest Labs)

10.5. Robert Bosch Gmbh

10.6. Ceasefire Industries Pvt. Ltd.

10.7. Schneider Electric

10.8. SECOM CO., LTD.

10.9. Siemens AG

10.10. Eurotech Fire systems

Hochiki Corporation

Honeywell International

Johnson Controls International plc

Google (Nest Labs)

Robert Bosch Gmbh

Ceasefire Industries Pvt. Ltd.

Schneider Electric

SECOM CO., LTD.

Siemens AG

Eurotech Fire systems

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