Market by Type, Power Source, End-user, and Country Outlook | Forecast 2023-2030
As per Triton Market Research’s report, the smoke detector market in Latin America is likely to grow with a CAGR of 9.07% in the forecast years between 2023 and 2030.
Report scope can be customized per your requirements - Request Free Sample Report
The countries included in this region are:
• Mexico
• Brazil
• Rest of Latin America
In Latin America, Brazil is
expected to grow at the fastest rate over the forecast period. The
governments in the region have prioritized housing development. Growing demand
for luxury residences and smart homes has also been observed. The rising number
of housing projects has called for enhanced adoption of smoke detectors. This,
in turn, will support the expansion of the studied market in the forthcoming
period.
Brazil’s real estate sector witnessed robust growth in 2021, with
increased demand from the commercial, residential, and industrial sectors.
Moreover, the sales of luxury properties in the two largest luxury markets of
the country, Rio de Janeiro and São Paulo, increased by double digits. There
has been a significant rise in the demand for residences worth over $2 million
in these cities. These developments are expected to influence the demand for
smoke detectors in the country.
In Mexico, the demand for housing has increased, owing to the decline in
the number of people living together. As per estimates, the nation would require
to invest approximately 4% of its annual GDP in constructing 800,000 housing
units every year over the next 20 years, in order to keep up with the surging demand.
The Mexican Department of Public Safety has mandated all house owners to
install and maintain smoke alarms. Thus, the enhanced demand for housing is estimated
to bolster the smoke detector market in the country in the coming years.
The transportation equipment industry, garment industry, food industry, paper
industry, electrical equipment industry, wood industry, petroleum industry,
leather industry, textile mill industry, etc., constitute the manufacturing
industry. Smoke detectors are deployed in the manufacturing sector for safety
purposes, as the manufacturing process involves complicated procedures.
The report assesses the market as per end-user,
type, and power source. Here,
the end-user segment is classified into manufacturing, commercial, automotive,
oil & gas, residential, telecommunication, and other end-users.
The distinguished players in the smoke detector
market include Hochiki Corporation, Honeywell International Inc, Johnson
Controls International Plc, BRK Brands Inc (Acquired
by Resideo Technologies Inc), Huawei Technologies Co Ltd, and Robert Bosch
GmbH.
Johnson Controls International Plc is a multi-industrial company engaged
in developing smart buildings, efficient energy solutions, and integrated
infrastructure. It also designs, develops, and manufactures, smoke detection
systems, security systems, fire suppression solutions, HVAC equipment, HVAC
controls, and energy management systems. The company’s smoke detector product
portfolio consists of multisensor detectors and photoelectric sensors, among
others. Johnson Controls International Plc was established in 1885. It has a notable
business presence in Mexico.
Key deliverables of the
report:
● Market CAGR during the forecasting years 2023-2030
● Detailed data highlighting key insights, industry components, and market strategies
● Comprehensive information and estimation of the smoke detector market revenue growth in Latin America and its influence on the parent market
● In-depth study of forthcoming trends in consumer behavioral patterns
● A meticulous analysis of the competitive landscape, vendor scorecard, and Porter’s Five Forces Model
●
A wide-ranging study of factors that will challenge the LA smoke
detector market’s growth during the upcoming years
Want to get specific insights? Our team of analysts can customize this
report based on your preferences. Connect with us here.
Market by Security Testing Typ ..
VIEW REPORT1. LATIN
AMERICA SMOKE DETECTOR MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMOKE DETECTOR MARKET
2.2. MARKET
MATURITY ANALYSIS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. KEY
MARKET STRATEGIES
2.5.1. ACQUISITIONS
2.5.2. DIVESTITURES
2.6. MARKET
DRIVERS
2.6.1. INCREASE
IN FIRE INCIDENTS
2.6.2. INCREASING
FIRE SAFETY CONCERNS
2.6.3. GROWING
AWARENESS ABOUT THE BENEFITS OF SMOKE DETECTORS
2.7. MARKET
CHALLENGES
2.7.1. EXPENSIVE
SMART SMOKE DETECTORS
2.7.2. DISADVANTAGES
OF SMOKE DETECTORS
2.8. MARKET
OPPORTUNITIES
2.8.1. GROWING
ACCEPTANCE OF SMART SMOKE DETECTORS
2.8.2. USE OF
LASER SMOKE DETECTORS FOR EARLY FIRE DETECTION
2.9. ANALYST
PERSPECTIVE
3. LATIN
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY TYPE
3.1. PHOTOELECTRIC
3.2. IONIZATION
3.3. DUAL
SENSOR
3.4. OTHER
TYPES
4. LATIN
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY POWER SOURCE
4.1. HARDWIRED
SMOKE DETECTORS
4.2. BATTERY-POWERED
SMOKE DETECTORS
4.3. OTHERS
(HARDWIRED WITH BATTERY)
5. LATIN
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY END-USER
5.1. COMMERCIAL
5.2. MANUFACTURING
5.3. TELECOMMUNICATION
5.4. RESIDENTIAL
5.5. AUTOMOTIVE
5.6. OIL
& GAS
5.7. OTHER
END-USERS
6. LATIN
AMERICA SMOKE DETECTOR MARKET – COUNTRY OUTLOOK
6.1. COUNTRY
ANALYSIS
6.1.1. BRAZIL
6.1.1.1. BRAZIL
SMOKE DETECTOR MARKET FORECAST & PROSPECTS
6.1.2. MEXICO
6.1.2.1. MEXICO
SMOKE DETECTOR MARKET FORECAST & PROSPECTS
6.1.3. REST
OF LATIN AMERICA
6.1.3.1. REST
OF LATIN AMERICA SMOKE DETECTOR MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. BRK
BRANDS INC (ACQUIRED BY RESIDEO TECHNOLOGIES INC)
7.1.1. OVERVIEW
7.1.2. PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGE
7.2. CEASEFIRE
INDUSTRIES PVT LTD
7.2.1. OVERVIEW
7.2.2. PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGE
7.3. CARRIER
GLOBAL CORPORATION
7.3.1. OVERVIEW
7.3.2. PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGE
7.4. ABB LTD
7.4.1. OVERVIEW
7.4.2. PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. GOOGLE
NEST (GOOGLE)
7.5.1. OVERVIEW
7.5.2. PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGE
7.6. HOCHIKI
CORPORATION
7.6.1. OVERVIEW
7.6.2. PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGE
7.7. JOHNSON
CONTROLS INTERNATIONAL PLC
7.7.1. OVERVIEW
7.7.2. PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY
CHALLENGE
7.8. HONEYWELL
INTERNATIONAL INC
7.8.1. OVERVIEW
7.8.2. PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGE
7.9. HUAWEI
TECHNOLOGIES CO LTD
7.9.1. OVERVIEW
7.9.2. PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. ROBERT
BOSCH GMBH
7.10.1. OVERVIEW
7.10.2. PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGE
7.11. SECOM
CO LTD
7.11.1. OVERVIEW
7.11.2. PORTFOLIO
7.11.3. KEY
STRENGTH
7.11.4. KEY
CHALLENGE
7.12. SIEMENS
AG
7.12.1. OVERVIEW
7.12.2. PORTFOLIO
7.12.3. KEY
STRENGTHS
7.12.4. KEY
CHALLENGE
7.13. SCHNEIDER
ELECTRIC
7.13.1. OVERVIEW
7.13.2. PORTFOLIO
7.13.3. KEY
STRENGTHS
7.13.4. KEY
CHALLENGE
7.14. PROTEC
FIRE AND SECURITY GROUP LTD
7.14.1. OVERVIEW
7.14.2. PORTFOLIO
7.14.3. KEY
STRENGTHS
7.14.4. KEY
CHALLENGE
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF ACQUISITIONS
TABLE 3: LIST OF DIVESTITURES
TABLE 4: FIRE DEATH RATE BY
COUNTRY (PER 100,000)
TABLE 5: LATIN AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: LATIN AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2023-2030 (IN $ MILLION)
TABLE 7: LATIN AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2023-2030 (IN $ MILLION)
TABLE 8: LATIN AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE 3: LATIN AMERICA SMOKE
DETECTOR MARKET, BY PHOTOELECTRIC, 2023-2030 (IN $ MILLION)
FIGURE 4: LATIN AMERICA SMOKE
DETECTOR MARKET, BY IONIZATION, 2023-2030 (IN $ MILLION)
FIGURE 5: LATIN AMERICA SMOKE
DETECTOR MARKET, BY DUAL SENSOR, 2023-2030 (IN $ MILLION)
FIGURE 6: LATIN AMERICA SMOKE
DETECTOR MARKET, BY OTHER TYPES, 2023-2030 (IN $ MILLION)
FIGURE 7: LATIN AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022 & 2030 (IN %)
FIGURE 8: LATIN AMERICA SMOKE
DETECTOR MARKET, BY HARDWIRED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)
FIGURE 9: LATIN AMERICA SMOKE
DETECTOR MARKET, BY BATTERY-POWERED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)
FIGURE 10: LATIN AMERICA SMOKE
DETECTOR MARKET, BY OTHERS (HARDWIRED WITH BATTERY), 2023-2030 (IN $ MILLION)
FIGURE 11: LATIN AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2022 & 2030 (IN %)
FIGURE 12: LATIN AMERICA SMOKE
DETECTOR MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)
FIGURE 13: LATIN AMERICA SMOKE
DETECTOR MARKET, BY MANUFACTURING, 2023-2030 (IN $ MILLION)
FIGURE 14: LATIN AMERICA SMOKE
DETECTOR MARKET, BY TELECOMMUNICATION, 2023-2030 (IN $ MILLION)
FIGURE 15: LATIN AMERICA SMOKE
DETECTOR MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)
FIGURE 16: LATIN AMERICA SMOKE
DETECTOR MARKET, BY AUTOMOTIVE, 2023-2030 (IN $ MILLION)
FIGURE 17: LATIN AMERICA SMOKE
DETECTOR MARKET, BY OIL & GAS, 2023-2030 (IN $ MILLION)
FIGURE 18: LATIN AMERICA SMOKE
DETECTOR MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
FIGURE 19: LATIN AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 20: BRAZIL SMOKE
DETECTOR MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: MEXICO SMOKE
DETECTOR MARKET 2023-2030 (IN $ MILLION)
FIGURE 22: REST OF LATIN AMERICA
SMOKE DETECTOR MARKET 2023-2030 (IN $ MILLION)