The global residential smoke detectors market is anticipated to grow considerably at a CAGR of 5.0% during the forecast period (2021-2027). The key companies across the globe are adopting different business strategies including expanding their technological advancements, geographic presence, R&D activities, new product launches, mergers & acquisitions, partnerships, and collaborations to increase market share. Among these, new technology-based smoke detectors launch by the major players is one of the major factors that is propelling the growth of the market.
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For instance, In September 2020, Johnson Controls has launched smoke detection technology designed to meet the 2021 UL standard. Because of the greater usage of synthetic furnishing materials that can ignite and burn faster than conventional materials, the UL 7th edition polyurethane tests better simulate the kinds of smoke and flames produced in modern building fires. Early detection, better fire type classification, and fewer nuisance alarms are all advantages of the new TrueAlarm sensors. They analyze particles using advanced algorithms to determine if they were produced by a real fire or by smoke or steam from cooking. Sensor alarm points can be programmed to operate in a timed, multi-stage manner.
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The market study of the global smoke detector market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors.
Global Smoke Detector Market – Company Profiles
- Apollo Fire Detectors Ltd.
- Johnsons Controls Inc.
- Siemens AG
- Honeywell International Inc.
- Robert Bosch GmbH
- Gentex Corp.
- Universal Security Instruments, Inc.
Global Smoke Detector Market- Segmentation
By Type
- Photoelectric Smoke Detectors
- Ionization Smoke Detectors
- Dual Sensor Smoke Detectors
- Optical Sensor Smoke Detectors
By Powered Source
- Battery Powered
- Hardwiring
Global Smoke Detector Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
