iCrowd Newswire
01 Jun 2023, 00:50 GMT+10
The global smoke detector market is projected to reach $2.40 billion by 2028, at a CAGR of 10.2% during 2023-2028. The growth of smoke detector market is driven by increasing awareness towards fire safety in private and public buildings, growing government regulations for adoption of smoke detectors, and rising trend of IoT-enabled smart smoke detection services.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the smoke detector market by technology (photoelectric, dual sensors, and ionization), end use industry (commercial, industrial, and residential), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the smoke detector market?
Q.4 What are some changing demands of customers in the smoke detector market?
Q.5 What are the new developments in the smoke detector market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this smoke detector area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this smoke detector market?
Download Brochure of this report by clicking on https://www.lucintel.com/smoke-detector-market.aspx
Market Segmentation:
Based on technology, the smoke detector market is segmented into photoelectric, dual sensors, and ionization. The photoelectric segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its increasing usage in residential application for detecting smouldering fires.
North America will remain the largest region due to the increasing installation of smoke detectors and carbon monoxide detectors in homes as per the guidelines of US Fire Administration guidelines (USFA).
Key Players in the smoke detector market are Kidde, Honeywell, Johnson Controls, BRK Brands, Siemens AG, and Hochiki.
Request Sample Pages by clicking on https://www.lucintel.com/smoke-detector-market.aspx
The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.
To read more about this market please click on https://www.lucintel.com/smoke-detector-market.aspx
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Roy Almaguer Lucintel Dallas, Texas, USA Email: roy.almaguer@lucintel.com Tel. 972.636.5056
Tags: Smoke Detector Market Size, Smoke Detector Market, Smoke detector Market Industry
See Campaign: https://www.lucintel.com
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Tags:Reportedtimes, iCN Internal Distribution, Extended Distribution, Research Newswire, EnglishGet a daily dose of Business Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Business Sun.
More InformationNEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...
DUBAI, UAE - The bustling real estate market in Dubai has surged to unprecedented heights, reporting transactions valued at over ...
SHANGHAI, China: A survey published this week by the American Chamber of Commerce (AmCham) in Shanghai showed that political tensions ...
NEW YORK, New York - U.S. stocks and bonds caught on to a global trend Thursday as sellers took charge ...
NEW YORK, New York - Interest rates could stay higher for longer, but there is the possibility of rate cuts ...
STOCKHOLM, Sweden: Days before the Riksbank, Sweden's central bank, is expected to again raise interest rates, the Swedish krona hit ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...
ANKARA, Turkey: During a meeting, Michael Evans, President of the Alibaba Group, told Turkish President Tayyip Erdogan that the Chinese ...
ABU DHABI, 21st September, 2023 (WAM) -- UAE Banks Federation (UBF) reiterated its commitment to supporting efforts that enhance secure ...
Since ChatGPT's release in late 2022, many news outlets have reported on the ethical threats posed by artificial intelligence. Tech ...
The United States on Wednesday announced a $255 million program it says will support emerging democracies.As part of the effort, ...
Amsterdam [Netherlands], September 20 (ANI): The International Criminal Court (ICC) has said it experienced a cyberattack last week after hackers ...