The global smoke detector market size reached US$ 2.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 7.1% during 2024-2032.
More Info:- https://www.imarcgroup.com/smoke-detector-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Smoke Detector
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global smoke detector market size reached US$ 2.1
Billion in 2023.
Smoke detectors are electronic fire-protection devices that are installed to
detect the presence of smoke, commonly as a key indicator of fire. They
consist of smoke sensors and alarms that are contained in plastic enclosures.
Upon sensing smoke, the device either sounds a warning to building occupants
or issues a signal to a fire alarm control panel as an essential part of a fire
alarm system.
These devices usually detect the smoke optically and/or by a physical process.
They can either be battery-powered single units or several interlinked
hardwired devices. Since smoke detectors are affordable and easy to install,
they are extensively being installed in numerous residential, industrial,
commercial and public spaces.
Request for a PDF sample of this report:
https://www.imarcgroup.com/smoke -detector-market/requestsample
4. Report Description
Global Smoke Detector Market Trends:
The market is primarily driven by the significant expansion of the residential sector across the globe. A majority
of the newly constructed residential spaces are required to abide by the building codes of the respective countries
that mandate the use of smoke detection systems. Increasing automation, along with rapid urbanization and
improving living standards of the masses, is expected to provide a thrust to the market growth. Apart from this,
these systems are widely installed across the corporate sector to prevent fire-related accidents.
The market is further driven by the growing adoption of photoelectric smoke detectors across numerous industries
as these devices detect smoke relatively faster than ionization alarms. Furthermore, the advent of high-
performance smart smoke detectors is providing an impetus to the market growth. These variants notify the users
via smartphones in case the alarm is triggered. They also consist of self-testing features to monitor battery power
and notify its status to users from time to time. These devices are also being integrated with the advanced Z-
Wave technology that improves their overall functioning.
Looking forward, the market is anticipated to grow at a CAGR of 7.1% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/smoke-detector-market
5. Report
Segmentation
Breakup by Product Type:
• Photoelectric Smoke Detector
• Dual Sensor Smoke Detector
• Ionization Smoke Detector
Breakup by Power Source:
• Hardwired with Battery Backup
• Hardwired without Battery Backup
• Battery Powered
Breakup by End-Use Sector:
• Oil, Gas & Mining
• Residential
• Commercial
• Transportation & Logistics
7. Competitive
Landscape with
Key Players
• ABB Group
• Hochiki Corporation
• Honeywell International
• Johnson Controls International PLC
• Robert Bosch GmbH
• Schneider Electric
• SECOM CO., LTD
• Siemens AG
• United Technologies Corporation
• Ceasefire Industries Pvt. Ltd.
8. Key Questions
Answered in
the Report
What was the size of the global smoke detector market in 2023?
What is the expected growth rate of the global smoke detector
market during 2024-2032?
What are the key factors driving the global smoke detector market?
What has been the impact of COVID-19 on the global smoke
detector market?
What is the breakup of the global smoke detector market based on
the product type?
What is the breakup of the global smoke detector market based on
the power source?
What is the breakup of the global smoke detector market based on
the end-use sector?
What are the key regions in the global smoke detector market?
Who are the key players/companies in the global smoke detector
market?
9. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smoke Detector Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Photoelectric Smoke Detector
6.1.1 Market Trends
6.1.2 Mark et Forecast
6.2 Dual Sensor Smoke Detector
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Ionization Smoke Detector
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
7 Market Breakup by Pow er Source
10. Table of
Contents
7.2 Hardwired without Battery Back up
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Battery Powered
7.3.1 Market Trends
7.3.2 Mark et Forecast
8 Market Breakup by End -Use Sector
8.1 Oil, Gas & Mining
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Residential
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
8.3 Commercial
8.3.1 Mark et Trends
8.3.2 Mark et Forecast
8.4 Transportation & Logistics
8.4.1 Mark et Trends
8.4.2 Mark et Forecast
8.5 Manufacturing
8.5.1 Mark et Trends
8.5.2 Mark et Forecast
8.6 Telecommunication
8.6.1 Mark et Trends
8.6.2 Mark et Forecast
8.7 Others
8.7.1 Mark et Trends
8.7.2 Mark et Forecast
For more information, visit :
https://www.imarcgroup.com/smoke -detector-market/toc