NORTH AMERICA SMOKE DETECTOR MARKET 2023-2030

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NORTH AMERICA SMOKE DETECTOR MARKET 2023-2030

Market by Type, Power Source, End-user, and Country Outlook | Forecast 2023-2030

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Triton Market Research’s study has concluded that the North America smoke detector market would progress with a CAGR of 7.74% in the forecast years from 2023 to 2030.


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The countries assessed in this region include:

•         The United States

•         Canada

The United States is anticipated to exhibit the fastest growth rate in the regional market over the forecast period. The rising fire incidents in North America are driving the demand for smoke detectors. They are required to be installed in all residential properties, including single-family homes, multi-family homes, rental properties, hotels, dormitories, etc., due to stringent regulations. In addition, the region is home to a number of players in this space. These factors contribute to the smoke detector market growth in North America.

In the United States, local fire departments responded to nearly 1.4 million fire incidents in 2020. These fires caused nearly 3,500 fatalities and nearly 15,200 injuries. They also resulted in property damage worth $21.9 billion. The rise in fire incidents has thereby propelled the adoption of smoke detectors, and is anticipated to drive the market growth in the country over the forecasted period.

Residential fires are among the most prevalent crises faced by Canadians. According to the Ontario Association of Fire Chiefs, residential fires account for 73% of all fire-related casualties in the country. Additionally, the monetary losses incurred due to the damage resulting from these fires have been as high as $45,000 per housing unit. The rising cases of home fire accidents have thus enhanced the demand for smoke detectors, and this is expected to foster the Canadian market’s growth.

The oil & gas industry is one of the world’s largest industries in the world, generating an estimated $3.3 trillion in revenue every year. The processes & systems involved in the production and distribution of oil & gas are capital-intensive, highly complex, and require the use of advanced technology. Also, oil & gas exploration & extraction processes are carried out in extreme environments and harsh weather conditions. Thus, smoke detectors are largely used in the oil & gas sector.

The report assesses the market in accordance with end-user, type, and power source. Here, the end-user segment consists of oil & gas, telecommunication, commercial, manufacturing, residential, automotive, and other end-users.

The eminent companies in the smoke detector market include ABB Ltd, Honeywell International Inc, Ceasefire Industries Pvt Ltd, Google Nest (Google), Siemens AG, BRK Brands Inc (acquired by Resideo Technologies Inc), and Carrier Global Corporation.

BRK Brands Inc (acquired by Resideo Technologies Inc) is engaged in the designing, development, and manufacture of residential safety products. Its product portfolio includes smoke detectors, carbon monoxide alarms, heat alarms, relays, fire extinguishers, motion sensors, etc. BRK Brands also provides smart smoke detection solutions enabled with security cameras, wired cameras, and wireless. Established in 1992, the US-based company is headquartered in Aurora, Illinois.

 

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 North 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 North America 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

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Table of Content

1. NORTH 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. NORTH AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY TYPE

3.1. PHOTOELECTRIC

3.2. IONIZATION

3.3. DUAL SENSOR

3.4. OTHER TYPES

4. NORTH 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. NORTH 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. NORTH AMERICA SMOKE DETECTOR MARKET – COUNTRY OUTLOOK

6.1. COUNTRY ANALYSIS

6.1.1. UNITED STATES

6.1.1.1. UNITED STATES SMOKE DETECTOR MARKET FORECAST & PROSPECTS

6.1.2. CANADA

6.1.2.1. CANADA 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

List of Tables

TABLE 1: NORTH 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: NORTH AMERICA SMOKE DETECTOR MARKET, BY TYPE, 2023-2030 (IN $ MILLION)

TABLE 6: NORTH AMERICA SMOKE DETECTOR MARKET, BY POWER SOURCE, 2023-2030 (IN $ MILLION)

TABLE 7: NORTH AMERICA SMOKE DETECTOR MARKET, BY END-USER, 2023-2030 (IN $ MILLION)

TABLE 8: NORTH AMERICA SMOKE DETECTOR MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)

List of Figures

FIGURE 1: MARKET ATTRACTIVENESS INDEX

FIGURE 2: NORTH AMERICA SMOKE DETECTOR MARKET, BY TYPE, 2022 & 2030 (IN %)

FIGURE 3: NORTH AMERICA SMOKE DETECTOR MARKET, BY PHOTOELECTRIC, 2023-2030 (IN $ MILLION)

FIGURE 4: NORTH AMERICA SMOKE DETECTOR MARKET, BY IONIZATION, 2023-2030 (IN $ MILLION)

FIGURE 5: NORTH AMERICA SMOKE DETECTOR MARKET, BY DUAL SENSOR, 2023-2030 (IN $ MILLION)

FIGURE 6: NORTH AMERICA SMOKE DETECTOR MARKET, BY OTHER TYPES, 2023-2030 (IN $ MILLION)

FIGURE 7: NORTH AMERICA SMOKE DETECTOR MARKET, BY POWER SOURCE, 2022 & 2030 (IN %)

FIGURE 8: NORTH AMERICA SMOKE DETECTOR MARKET, BY HARDWIRED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)

FIGURE 9: NORTH AMERICA SMOKE DETECTOR MARKET, BY BATTERY-POWERED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)

FIGURE 10: NORTH AMERICA SMOKE DETECTOR MARKET, BY OTHERS (HARDWIRED WITH BATTERY), 2023-2030 (IN $ MILLION)

FIGURE 11: NORTH AMERICA SMOKE DETECTOR MARKET, BY END-USER, 2022 & 2030 (IN %)

FIGURE 12: NORTH AMERICA SMOKE DETECTOR MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)

FIGURE 13: NORTH AMERICA SMOKE DETECTOR MARKET, BY MANUFACTURING, 2023-2030 (IN $ MILLION)

FIGURE 14: NORTH AMERICA SMOKE DETECTOR MARKET, BY TELECOMMUNICATION, 2023-2030 (IN $ MILLION)

FIGURE 15: NORTH AMERICA SMOKE DETECTOR MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)

FIGURE 16: NORTH AMERICA SMOKE DETECTOR MARKET, BY AUTOMOTIVE, 2023-2030 (IN $ MILLION)

FIGURE 17: NORTH AMERICA SMOKE DETECTOR MARKET, BY OIL & GAS, 2023-2030 (IN $ MILLION)

FIGURE 18: NORTH AMERICA SMOKE DETECTOR MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)

FIGURE 19: NORTH AMERICA SMOKE DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)

FIGURE 20: UNITED STATES SMOKE DETECTOR MARKET 2023-2030 (IN $ MILLION)

FIGURE 21: CANADA SMOKE DETECTOR MARKET 2023-2030 (IN $ MILLION)

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