PUBLISHER: TechNavio | PRODUCT CODE: 1915357
PUBLISHER: TechNavio | PRODUCT CODE: 1915357
The global smoke detector market is forecasted to grow by USD 1572.2 mn during 2024-2029, accelerating at a CAGR of 9.6% during the forecast period. The report on the global smoke detector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in residential construction, growing replacement demand for smoke detectors, stringent regulations supporting improved fire safety standards.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 9.1% |
| CAGR | 9.6% |
| Incremental Value | $1572.2 mn |
Technavio's global smoke detector market is segmented as below:
By End-User
By Type
By Connectivity
Geography
This study identifies the integration of smoke detectors with building systems as one of the prime reasons driving the global smoke detector market growth during the next few years. Also, increasing use of multi-criteria smoke detectors and integration of internet of things (iot) with smoke detection systems will lead to sizable demand in the market.
The report on the global smoke detector market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global smoke detector market vendors that include ABB Ltd., Apollo Fire Detectors Ltd., Carrier Global Corp., Ceasefire Industries Pvt. Ltd., Gentex Corp., Hochiki Corp., Honeywell International Inc., Huawei Technologies Co. Ltd., Johnson Controls International, Mircom Group of Co., Protec Fire and Security Group Ltd., Pyrexx GmbH, Resideo Technologies Inc., Robert Bosch GmbH, Schneider Electric SE, Secom Co. Ltd., Siemens AG, Universal Security Instruments Inc.. Also, the global smoke detector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.