Smoke Detector Market Size, Share, Competitive Landscape and Trend Analysis Report by Installation Type, Product Type and EndUser : Global Opportunity Analysis and Industry Forecast, 2020-2027

Smoke Detector Market Outlook - 2027

The global Smoke Detector Market size is expected to reach $3,405.7 million in 2027, from $1,807.0 million in 2019, growing at a CAGR of 8.3% from 2020 to 2027. Smoke detectors are utilized for identification of presence of smoke in residential and non-residential buildings. They are mainly mounted on ceilings or walls as the generated smoke mainly travels upwards, being lighter than the indoor air. When the smoke is detected, a smoke alarm is triggered to alert the occupants such that fatalities of life and loss of property is avoided due to fire hazards. Moreover, smoke detectors are mainly hardwired or connected by wires and are battery-operated. Proper planning during installation of smoke detectors minimizes the risk of sudden fire outbreaks and reduces the loss of human life and building. Furthermore, there are two types of smoke detectors available in the market, which include ionization smoke detectors and photoelectric smoke detectors. However, the combination of both prementioned types are also available in the market. In addition, the report also considers air sampling smoke detectors and linear bean smoke detectors, which are mainly utilized in commercial and industrial buildings such as warehouses, auditoriums, hospitals, manufacturing or industrial spaces, and others. These buildings have large open spaces where the high ceilings make the operation of photoelectric type and ionization type smoke detectors difficult. Air sampling smoke detectors provide early warnings of fire, which offers sufficient time for public evacuation. These detectors are further connected to central monitoring systems to provide remote control of the sealarms.

The increased consumer spending on construction activities, owing to availability of disposable income within the global population is a major factor that drives the Smoke Detector Market growth. Moreover, rise in awareness regarding fire safety and the dangerous outcomes of fire outbreaks fuels the use of smoke detectors as an inexpensive alternative for fire prevention. In addition, the awareness for fire safety and prevention is mainly provided by the government agencies to avoid economic losses due to fire-related emergencies.

The Building Regulations published by the government organizations provide the outline for preventing the spread of fire, provision of escape routes, early warnings of fire, and others. Under these regulations, various governments have made it mandatory to install smoke detection systems in residential as well as commercial buildings.Such regulations make it mandatory to install smoke detectors;thereby, driving the growth of the Market. On the contrary, the complication in installation and operation of smoke detectors is negatively impacting the growth of the smoke detectors industry. The installation of smoke detectors is also a complicated process. The detector should be installed at places thatare likely to catch fires, which needs to be planned properly. These installation services often incur high costs, which is expected tohamper the implementation of smoke detectors; thereby, restrainingthe growth of the smoke detector market globally.

However, the developing and under-developed countries possess greater opportunities for the growth of market. Lack of awareness, illiteracy, poor economic conditions, and others mainly hamper the use of smoke detectors. However, the government efforts for spreading awareness towardfire safety isanticipatedto create lucrative opportunities for the growth of theSmoke Detector industry.

The hardwired installation type segment of the market accounted for over half of the global smoke detector market share in 2019, owing to easy installation of wired system during the construction stage of the building. By product type, the photoelectric smoked detector segment generated high revenues in the global market due its ability of avoiding false fire alarms. However, the dual sensor segment is expected to witness rapid growth by 2027 due to its easy compatibility feature and efficient fire prevention.

The global Smoke Detector Market is divided on the basis of installation type, product type, enduser, and region. By installation type, the market is bifurcated into hardwired and battery-operated smoke detectors. By product type, it is fragmented into ionization smoke detectors, photoelectric smoke detectors, dual sensor smoke detectors, and others. Based on end users, the market is classified into commercial, manufacturing, residential, automotive, telecommunications, oil, gas & mining, and others.

The global Smoke Detector Market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (India, China, Japan, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America is expected to hold the largest smoke detector market share throughout the study period and Europe is expected to grow at the fastest rate.

Competition Analysis

The key market players profiled in the report include Ceasefire Industries Pvt. Ltd, Hochiki Corporation, Honeywell International, Johnson Control, Nest labs, Protec Fire Detection Plc, Robert Bosch, SECOM CO., LTD, Schneider Electric, Siemens AG, and United Technologies Corporation.

Many competitors in the smoke detector market adopted product launch as their key developmental strategy to expand theirproduct portfolio for the technological upgradations. For instance, in August 2019, the company Honeywell launched the VESDA-E VES aspirating smoke detectors, within its VESDA-E range of advanced smoke detectors. The product enables the users to divide protected areas into four different sectors, which assists in ensuring early detection and warning of potential threats. Similarly, in July 2018, Hochiki Corporation launched FIREscape+ innovative system, which combines fire detection, emergency lighting, and wayfinding technology through its Europe-based subsidiary Hochiki Europe. It features innovative wayfinding system, intelligent false alarm management system, and offers efficient installation and maintenance solutions.

Key Benefits For Stakeholders

• The report provides an extensive analysis of the current and emerging global smoke detector market trends and dynamics.  

• In-depth analysis of the market is conducted by constructing market estimations for the key market segments between 2019 and 2027. 

• Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

• A comprehensive analysis of all the regions is provided to determine the prevailing smoke detector market opportunity.

• The global smoke detector market forecast analysis from 2020 to 2027 is included in the report.

• The key market players with in the market are profiled in this report and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the industry.

Global Smoke Detector Market Segments

• By Installation Type

  • Hardwired Smoke Detectors

  • Battery-operated Smoke Detectors

• By Product Type

  • Ionization Smoke Detectors

  • Photoelectric Smoke Detectors

  • Dual Sensor Smoke Detectors

  • Others

• By Enduser

  • Commercial

  • Manufacturing

  • Residential

  • Automotive

  • Telecommunications

  • Oil, Gas,&Mining

  • Others

• By Region

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • The UK

  • Italy

  • Spain

  • Rest of Europe

• Asia-Pacific

  • India

  • China

  • Japan

  • Rest of Asia-Pacific

• LAMEA

  • Latin America

  • Middle East 

  • Africa

• Key Players

• Ceasefire Industries Pvt. Ltd.

• Hochiki Corporation

• Honeywell International

• Johnson Control

• Nest labs

• Protec Fire Detection Plc

• Robert Bosch GmbH

• SECOM CO., LTD.

• Schneider Electric

• Siemens AG

• United Technologies Corporation

  Smoke Detector Market Report Highlights

Aspects	Details
By PRODUCT TYPE	OPTICAL SENSOR SMOKE DETECTOR PHOTOELECTRIC SMOKE DETECTOR DUAL SENSOR SMOKE DETECTOR
By END-USER INDUSTRY	COMMERCIAL MANUFACTURING TELELCOMMUNICATION RESIDENTIAL OIL, GAS & MINING OTHERS
By GEOGRAPHY	North America U.S. Canada Mexico Europe France Germany Italy Spain UK Russia Rest of Europe Asia-Pacific China Japan India South Korea Australia Thailand Malaysia Indonesia Rest of Asia-Pacific LAMEA Brazil South Africa Saudi Arabia UAE Argentina Rest of LAMEA
Key Market Players	Johnson Control, United Technologies Corporation, Schneider Electric, Protec Fire Detection Plc, Ceasefire Industries Pvt. Ltd., SECOM CO., LTD., Honeywell International, Siemens AG, Nest labs, Hochiki Corporation, Robert Bosch GmbH

Analyst Review

The global smoke detectors market accounts for high potential in the hardwired segment. The interconnectivity also eases its integration with smart devices connected to the house. As hardwired smoke detectors are easy to install during the construction phase of the structure, the surge in construction activities globally drives the market growth. In addition, the interconnectivity feature is the main advantage of the hardwired smoke detectors. It enables triggering of a single device, alarms all the other devices connected to the system, which reduces the risk of fire by maximum efficiency. Such systems are thus more suitable for large houses or buildings with multi-rooms.

Moreover, the dual sensor smoke detectors and wireless sensor network technologies offer more significant results in fire detection and fire prevention. The photoelectric and ionization smoke detectors are specialized in detecting specific types of smokes or fires, which limits its purpose of smoke detection. However, the development in dual sensor smoke detectors has assisted in overcoming this limitation. Dual sensor systems use split sensors to detect ionization and photoelectric fires and smoke to immediately detect fast flaming fires as well as smoke. The sensor technology also sends mobile notification alerts to the user and the upgraded voice technology shares the information about the location of smoke detection. The major players are constantly upgrade their products with the local building regulations to offer efficient fire prevention. These developments increase the reliability of customers on smoke detecting products and, thus, propel the growth of smoke detector market.

Based on region, North America accounts for the highest revenue in the global smoke detectors market during the forecast period followed byEurope, Asia-Pacific, and LAMEA.

The key players in the market have focused on product launchto strengthen their foothold in the smoke detector industry. For instance, in August 2019, the company Honeywell launched the VESDA-E VES aspirating smoke detectors, within its VESDA-E range of advanced smoke detectors. The product enables the users to divide protected areas into four different sectors, which assists in ensuring early detection and warning of potential threats.Similarly, in July 2018, Hochiki Corporation launched FIREscape+ innovative system, which combines fire detection, emergency lighting, and wayfinding technology through its Europe based subsidiary Hochiki Europe. It features innovative wayfinding system, intelligent false alarm management system, and offers efficient installation and maintenance solutions.
 

Author Name(s) : Tanvi Pednekar | Sonia Mutreja

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