Market by Type, Power Source, End-user, and Regional Outlook | Forecast 2022-2028
A smoke detector identifies smoke as an early warning indication of a
fire and sends a signal to the fire alarm system of a building or provides a
visual and aural alert locally in a room or residence. Smoke detectors are
often enclosed in a small, round-shaped plastic box, and mounted on the roof in
locations where there is a risk of fire.
According to Triton Market Research’s report, the Global Smoke Detector Market is likely to grow with a CAGR of 8.10% in the forecast period 2022-2028. The market was valued at $1632.84 million in 2021 and is expected to reach a revenue of $2783.82 million by 2028.
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MARKET PERFORMANCE – DRIVERS,
CHALLENGES, AND TRENDS
The market is driven by several factors, such as
the increase in fire incidents, increased attention towards fire safety
measures, and the rising public awareness about the benefits of smoke
detectors. Fires can
start in a variety of ways. In a fire, smoke and deadly gases usually travel
faster than heat. As a result, the majority of fire victims die from breathing
smoke and hazardous chemicals rather than from burns. A majority of fatal fires
happen when occupants are unaware, such as when they are asleep. This leaves
them with adequate time to escape.
Smoke detectors are considered to be one of the best and least expensive
ways of delivering an early warning of a potentially fatal fire and may cut the
risk of dying from a fire in the house by nearly 50%. People are becoming
increasingly aware of the benefits of smoke detectors as a result of fire
safety measures and smoke detector public awareness campaigns. This is expected
to propel the market’s growth.
On the other hand, the disadvantages of smoke
detectors and their high cost have become a barrier to the market’s growth. Smoke detectors are incapable of detecting fires
if smoke does not reach them. Also, they are susceptible to false alerts and
nuisance alarms. For example, a smoke detector placed in or near a kitchen may
sound like a nuisance warning during routine kitchen equipment usage. A single
false alert may be extremely costly to a business owner. For instance, over
21,000 nuisance alarms set off each year in New South Wales, Australia, which lead
to a huge amount of fines issued against property owners. In addition, dusty or
moist surroundings may cause a smoke detector to signal incorrectly. Thus, such
limitations are a hindrance to the smoke detector market.
Furthermore,
increasing demand for multi-sensor smoke detectors indicates a positive outlook
for the market. Multi-sensor
detection uses dual criteria to trigger an alert situation. A dual-criteria
sensor combines photoelectric and thermal elements in a single detector. In
addition, the one-of-its-kind quad-criteria detector, which can detect all key
aspects of fire, is also one of the technologically advanced developments.
Further, multi-sensor smoke detectors are also becoming more popular as their
advanced detection systems reduce the problems caused by false alarms and
detect fire quickly, thus allowing people more time to evacuate.
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KEY GEOGRAPHIES COVERED:
• North America: The
United States and Canada
• Europe: The United
Kingdom, France, Germany, Spain, Italy, and Rest of Europe
• Asia-Pacific: China,
Japan, India, South Korea, Australia & New Zealand, ASEAN Countries, and
Rest of Asia-Pacific
• Latin America: Brazil,
Mexico, and Rest of Latin America
• Middle East and Africa:
The United Arab Emirates, Saudi Arabia, Turkey, South Africa, and Rest of
Middle East & Africa
SEGMENTATION ANALYSIS – SMOKE
DETECTOR MARKET:
• Market by Type:
o Photoelectric
o Ionization
o Dual
Sensor
o Other
Types
Photoelectric leads the
market in terms of revenue. A photoelectric or optical smoke detector
identifies the presence of smoke by using a light beam. Also, a photoelectric
smoke detector detects smoldering flames faster and more accurately than an
ionization smoke detector. Moreover, these detectors are more effective at
detecting fires that arise from a smoldering source, such as a lighted
cigarette that falls into a couch cushion. They are suitable for installation
near kitchens. Honeywell International Inc is one of the companies offering
photoelectric smoke detectors.
• Market by Power Source:
o Hardwired
Smoke Detector
o Battery-powered
Smoke Detector
o Others
(Hardwired with Battery)
o Commercial
o Manufacturing
o Telecommunication
o Residential
o Automotive
o Oil
& Gas
o Other
End-users
Residential is estimated to progress with the
highest CAGR during the forecast period. Residential construction is the business of
constructing and selling single-family and multi-family homes. The market
participants in this business are developers, surveyors, and construction
companies. Many countries require government or local authority planning
approval for building new structures, with regulations governing construction
methods. With the rising frequency of fires worldwide, developers are now
adhering to the numerous fire safety standards outlined in the International
Building Code (IBC). Hochiki Corporation is one of the manufacturers of smoke
detectors for residential use.
COMPETITIVE LANDSCAPE:
The competitive landscape helps dive into data about the key players in
the smoke detector market. The strategic initiatives for each of the companies
considered have been covered in detail.
Acquisition (October 2021):
Carrier Global Corporation
Carrier Global Corporation acquired Cavius, a Danish residential alarm
company that provides a complete range of heat, flood, smoke, and carbon
monoxide alarms.
Acquisition (January 2022):
Johnson Controls International
Johnson Controls purchased FogHorn, a provider
of Edge AI software for commercial and industrial Internet of Things (IoT)
solutions.
Key
Benefits of the Report:
● Triton
Market Research has a collective experience of 25-30 years in the industry,
with its analysts and experts encompassing the most infallible research
methodology for its market intelligence and industry analysis.
● Our
research methodology helps in achieving a broader consensus of the market size,
shape, and industry trends within each industry segment.
● The
strategy adopted in designing the research methodology includes the
amalgamation of the information assembled from primary and secondary sources,
with the assistance of analytical tools to construct the forecast and
predictive models.
● The
scope of the market report comprises the current scenario of the global smoke
detector market, along with a detailed overview of the industry outlook, market
dynamics, segmentation analysis, regional outlook, and competitive landscape
for the period 2022-2028.
FAQs:
Q
1) Which is the fastest-growing type in the smoke detector market?
The dual sensor is the fastest-growing type in the smoke detector
market.
Q 2) Which type of power
source captured the largest market share in the smoke detector market?
Hardwired smoke detectors captured the largest market share in the smoke
detector market.
1. GLOBAL
SMOKE DETECTOR MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMOKE DETECTOR MARKET
2.2. KEY
INSIGHTS
2.2.1. GROWING
INCLINATION TOWARDS THE USE OF PHOTOELECTRIC SMOKE DETECTORS OVER IONIZATION
SMOKE DETECTORS
2.2.2. INCREASING
DEMAND FOR MULTI-SENSOR SMOKE DETECTORS
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. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. MERGERS
& ACQUISITIONS
2.6.2. DIVESTITURES
2.7. MARKET
DRIVERS
2.7.1. INCREASE
IN FIRE INCIDENTS
2.7.2. INCREASED
FOCUS ON FIRE SAFETY MEASURES
2.7.3. GROWING
AWARENESS ABOUT THE BENEFITS OF SMOKE DETECTORS
2.8. MARKET
CHALLENGES
2.8.1. EXPENSIVE
SMART SMOKE DETECTORS
2.8.2. DISADVANTAGES
OF SMOKE DETECTORS
2.9. MARKET
OPPORTUNITIES
2.9.1. GROWING
ACCEPTANCE OF SMART SMOKE DETECTORS
2.9.2. USING
LASER SMOKE DETECTORS FOR EARLY FIRE DETECTION
3. GLOBAL
SMOKE DETECTOR MARKET OUTLOOK – BY TYPE
3.1. PHOTOELECTRIC
3.2. IONIZATION
3.3. DUAL
SENSOR
3.4. OTHER
TYPES
4. GLOBAL
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. GLOBAL
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. GLOBAL
SMOKE DETECTOR MARKET – REGIONAL OUTLOOK
6.1. NORTH
AMERICA
6.1.1. MARKET
BY TYPE
6.1.2. MARKET
BY POWER SOURCE
6.1.3. MARKET
BY END-USER
6.1.4. COUNTRY
ANALYSIS
6.1.4.1. THE
UNITED STATES
6.1.4.2. CANADA
6.2. EUROPE
6.2.1. MARKET
BY TYPE
6.2.2. MARKET
BY POWER SOURCE
6.2.3. MARKET
BY END-USER
6.2.4. COUNTRY
ANALYSIS
6.2.4.1. THE
UNITED KINGDOM
6.2.4.2. GERMANY
6.2.4.3. FRANCE
6.2.4.4. SPAIN
6.2.4.5. ITALY
6.2.4.6. REST
OF EUROPE
6.3. ASIA-PACIFIC
6.3.1. MARKET
BY TYPE
6.3.2. MARKET
BY POWER SOURCE
6.3.3. MARKET
BY END-USER
6.3.4. COUNTRY
ANALYSIS
6.3.4.1. CHINA
6.3.4.2. JAPAN
6.3.4.3. INDIA
6.3.4.4. SOUTH
KOREA
6.3.4.5. ASEAN
COUNTRIES
6.3.4.6. AUSTRALIA
& NEW ZEALAND
6.3.4.7. REST
OF ASIA-PACIFIC
6.4. LATIN
AMERICA
6.4.1. MARKET
BY TYPE
6.4.2. MARKET
BY POWER SOURCE
6.4.3. MARKET
BY END-USER
6.4.4. COUNTRY
ANALYSIS
6.4.4.1. BRAZIL
6.4.4.2. MEXICO
6.4.4.3. REST
OF LATIN AMERICA
6.5. MIDDLE
EAST AND AFRICA
6.5.1. MARKET
BY TYPE
6.5.2. MARKET
BY POWER SOURCE
6.5.3. MARKET
BY END-USER
6.5.4. COUNTRY
ANALYSIS
6.5.4.1. THE
UNITED ARAB EMIRATES
6.5.4.2. SAUDI
ARABIA
6.5.4.3. TURKEY
6.5.4.4. SOUTH
AFRICA
6.5.4.5. REST
OF MIDDLE EAST & AFRICA
7. COMPETITIVE
LANDSCAPE
7.1. ABB
LTD
7.2. BRK
BRANDS INC
7.3. CARRIER
GLOBAL CORPORATION
7.4. CEASEFIRE
INDUSTRIES PVT LTD
7.5. GOOGLE
NEST (GOOGLE)
7.6. HOCHIKI
CORPORATION
7.7. HONEYWELL
INTERNATIONAL INC
7.8. HUAWEI
TECHNOLOGIES CO LTD
7.9. JOHNSON
CONTROLS INTERNATIONAL
7.10. PROTEC
FIRE AND SECURITY GROUP LTD
7.11. ROBERT
BOSCH GMBH
7.12. SCHNEIDER
ELECTRIC
7.13. SECOM
CO LTD
7.14. SIEMENS
AG
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: GLOBAL SMOKE DETECTOR
MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: FIRE DEATH RATE BY
COUNTRY (PER 100,000)
TABLE 4: GLOBAL SMOKE DETECTOR
MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 5: GLOBAL SMOKE DETECTOR
MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 6: GLOBAL SMOKE DETECTOR
MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 7: GLOBAL SMOKE DETECTOR
MARKET, BY REGIONAL OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 8: NORTH AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 9: NORTH AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 10: NORTH AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 11: NORTH AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 12: EUROPE SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 13: EUROPE SMOKE
DETECTOR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 14: EUROPE SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 15: EUROPE SMOKE
DETECTOR MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 16: ASIA-PACIFIC SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 17: ASIA-PACIFIC SMOKE
DETECTOR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 18: ASIA-PACIFIC SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 19: ASIA-PACIFIC SMOKE
DETECTOR MARKET, BY END-USER 2022-2028 (IN $ MILLION)
TABLE 20: LATIN AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 21: LATIN AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 22: LATIN AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 23: LATIN AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
TABLE 24: MIDDLE EAST AND
AFRICA SMOKE DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 25: MIDDLE EAST AND
AFRICA SMOKE DETECTOR MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 26: MIDDLE EAST AND
AFRICA SMOKE DETECTOR MARKET, BY POWER SOURCE, 2022-2028 (IN $ MILLION)
TABLE 27: MIDDLE EAST AND
AFRICA SMOKE DETECTOR MARKET, BY END-USER, 2022-2028 (IN $ MILLION)
FIGURE
1: MARKET ATTRACTIVENESS INDEX
FIGURE
2: GLOBAL SMOKE DETECTOR MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE
3: GLOBAL SMOKE DETECTOR MARKET, BY PHOTOELECTRIC, 2022-2028 (IN $ MILLION)
FIGURE
4: GLOBAL SMOKE DETECTOR MARKET, BY IONIZATION, 2022-2028 (IN $ MILLION)
FIGURE
5: GLOBAL SMOKE DETECTOR MARKET, BY DUAL SENSOR, 2022-2028 (IN $ MILLION)
FIGURE
6: GLOBAL SMOKE DETECTOR MARKET, BY OTHER TYPES, 2022-2028 (IN $ MILLION)
FIGURE
7: GLOBAL SMOKE DETECTOR MARKET, BY POWER SOURCE, 2021 & 2028 (IN %)
FIGURE
8: GLOBAL SMOKE DETECTOR MARKET, BY HARDWIRED SMOKE DETECTORS, 2022-2028 (IN $
MILLION)
FIGURE
9: GLOBAL SMOKE DETECTOR MARKET, BY BATTERY-POWERED SMOKE DETECTORS, 2022-2028
(IN $ MILLION)
FIGURE
10: GLOBAL SMOKE DETECTOR MARKET, BY OTHERS (HARDWIRED WITH BATTERY), 2022-2028
(IN $ MILLION)
FIGURE
11: GLOBAL SMOKE DETECTOR MARKET, BY END-USER, 2021 & 2028 (IN %)
FIGURE
12: GLOBAL SMOKE DETECTOR MARKET, BY COMMERCIAL, 2022-2028 (IN $ MILLION)
FIGURE
13: GLOBAL SMOKE DETECTOR MARKET, BY MANUFACTURING, 2022-2028 (IN $ MILLION)
FIGURE
14: GLOBAL SMOKE DETECTOR MARKET, BY TELECOMMUNICATION, 2022-2028 (IN $
MILLION)
FIGURE
15: GLOBAL SMOKE DETECTOR MARKET, BY RESIDENTIAL, 2022-2028 (IN $ MILLION)
FIGURE
16: GLOBAL SMOKE DETECTOR MARKET, BY AUTOMOTIVE, 2022-2028 (IN $ MILLION)
FIGURE
17: GLOBAL SMOKE DETECTOR MARKET, BY OIL & GAS, 2022-2028 (IN $ MILLION)
FIGURE
18: GLOBAL SMOKE DETECTOR MARKET, BY OTHER END-USERS, 2022-2028 (IN $ MILLION)
FIGURE
19: GLOBAL SMOKE DETECTOR MARKET, REGIONAL OUTLOOK, 2021 & 2028 (IN %)
FIGURE
20: THE UNITED STATES SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
21: CANADA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
22: THE UNITED KINGDOM SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
23: GERMANY SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
24: FRANCE SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
25: SPAIN SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
26: ITALY SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
27: REST OF EUROPE SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
28: CHINA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
29: JAPAN SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
30: INDIA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
31: SOUTH KOREA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
32: ASEAN COUNTRIES SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
33: AUSTRALIA & NEW ZEALAND SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
34: REST OF ASIA-PACIFIC SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
35: BRAZIL SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
36: MEXICO SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
37: REST OF LATIN AMERICA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
38: THE UNITED ARAB EMIRATES SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
39: SAUDI ARABIA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
40: TURKEY SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
41: SOUTH AFRICA SMOKE DETECTOR MARKET 2022-2028 (IN $ MILLION)
FIGURE
42: REST OF MIDDLE EAST & AFRICA SMOKE DETECTOR MARKET 2022-2028 (IN $
MILLION)