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The latest report by IMARC, titled “ Smoke Detector Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20222027
” " the global smoke detector market reached a value of US$ 1.8 Billion in 2021.
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.
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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. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 8.32% during 2022-2027.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Market Summary:
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
• Manufacturing
• Telecommunication
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
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.
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