fire alarm or flash lights to warn about fire breakout. Smoke can be detected either optically or through physical method. Smoke detectors have a wide application in commercials, corporate buildings, residential buildings and other public places.
The demand for global smoke detectors market is expected to witness a growth, owing to its ability to provide fire protection measures. Moreover, rise in number of fire accidents contributes to the growth of the global smoke detectors market. In addition, increase in industries, such as food & beverage, industrial & automotive, and electronic, are expected to boost the global smoke detectors market growth due to wide range of fire related applications. However, the complications associated with installation of smoke detectors is expected to restrain the growth of the global smoke detectors market.
The global smoke detector market is segmented on the basis of product, end-user industry, and geography. On the basis of product, it is classified into optical sensor smoke detector, photoelectric smoke detector, dual sensor smoke detector and others. Based on the end-user industry, it is categorized into commercial, manufacturing, telecommunication, residential, automotive, oil & gas, and others. The geographical segmentation for global smoke detector market includes North America, Asia-Pacific, Europe, and LAMEA.
The key players operating in the global smoke detectors market are Hochiki Corporation, Honeywell International, United Technologies Corporation, Siemens AG, Johnson Control, Robert Bosch, Schneider Electric, SECOM CO., LTD, Protec Fire Detection Plc, Ceasefire Industries Pvt. Ltd. and Nest labs.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the smoke detector market and current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided.
Porter’s Five Forces analysis illustrates the potency of buyers & suppliers operating in the industry.
The quantitative analysis of the smoke detector market from 2017 to 2023 is provided to determine the market potential.
KEY MARKET SEGMENTS
Optical Sensor Smoke Detector
Photoelectric Smoke Detector
Dual Sensor Smoke Detector
By End-user Industry
Oil & Gas
Rest of Europe
Rest of Asia-Pacific
Key Market Players
Ceasefire Industries Pvt. Ltd
Protec Fire Detection Plc
SECOM CO., LTD
United Technologies Corporation