Smart Smoke Detector Market Size & CAGR (2023-2031)
Smart smoke detectors are advanced technologies and are gaining traction among the end users such as residential, commercial and industrial sectors. The smart smoke detectors market is heavily influenced by the incidents of fire breakout in various buildings across the globe. The demand for smart smoke detectors are majorly in the commercial sectors in the end user segment.
MARKET DYNAMICS
The key factor driving the smart smoke detector market is the continuous technological advancement in order to overcome the disadvantages of the conventional or traditional smoke detector. Additionally, the demand for advanced infrastructures in residential, commercial and industrial sectors is facilitating the market players in smart smoke detectors market to increase their sales year on year, thereby, accelerating the smart smoke detector market growth. The smart smoke detector market is concentrated with large numbers of well-established players as well as various tier2 companies are offering these products at a very competitive price, which is also helping the smart smoke detector market to grow. The increasing number of tier2 players in the emerging market is poised to propel the growth of smart smoke detector market in the coming years.
MARKET SCOPE
The "Global Smart Smoke Detector Market Analysis to 2031" is a specialized and in-depth study of the telecom, media and telecommunication industry with a special focus on the global smart smoke detector market trend analysis. The report aims to provide an overview of smart smoke detector market with detailed market segmentation by type, power source, end user, and geography. The global smart smoke detector market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart smoke detector market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smart smoke detector market is segmented on the basis of type, power source, and end user. Based type, the market is segmented ionization detector, dual detector, laser smoke detector, and photoelectric detector and others. On the basis of the power source the market is segmented into wired and battery powered. The smart smoke detector market on the basis of the end user is classified into residential, commercial and industrial.
REGIONAL FRAMEWORK
The report on smart smoke detector market provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart smoke detector market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart smoke detector market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart smoke detector market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart smoke detector market in these regions.
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The report on smart smoke detector market provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global smart smoke detector market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart smoke detector market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart smoke detector market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the smart smoke detector market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart smoke detector market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from smart smoke detector market are anticipated to lucrative growth opportunities in the future with the rising demand for smart smoke detector in the global market. Below mentioned is the list of few companies engaged in the smart smoke detector market.
The report also includes the profiles of key smart smoke detector companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- AMP SECURITY
- BIRDI
- HONEYWELL INTERNATIONAL INC.
- HUAWEI TECHNOLOGIES
- NEST LABS
- ORNICOM
- ROOST INC.
- SAMSUNG ELECTRONICS CO. LTD.
- SENSOR SYSTEMS
- UNITED TECHNOLOGIES CORPORATION
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Smoke Detector Market - By Type
1.3.2 Smart Smoke Detector Market - By Power Source
1.3.3 Smart Smoke Detector Market - By End User
1.3.4 Smart Smoke Detector Market - By Region
1.3.4.1 By Country
2. KEY TAKEWAYS
3. RESEARCH METHODOLOGY
4. SMART SMOKE DETECTOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.3.1 North America - Pest Analysis
4.3.2 Europe - Pest Analysis
4.3.3 Asia-Pacific - Pest Analysis
4.3.4 Middle East and Africa - Pest Analysis
4.3.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
5. SMART SMOKE DETECTOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. SMART SMOKE DETECTOR MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART SMOKE DETECTOR - GLOBAL MARKET OVERVIEW
6.2. SMART SMOKE DETECTOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART SMOKE DETECTOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. IONIZATION DETECTORS
7.3.1. Overview
7.3.2. Ionization Detectors Market Forecast and Analysis
7.4. DUAL SENSOR DETECTORS
7.4.1. Overview
7.4.2. Dual Sensor Detectors Market Forecast and Analysis
7.5. LASER SMOKE DETECTOR
7.5.1. Overview
7.5.2. Laser Smoke Detector Market Forecast and Analysis
7.6. PHOTOELECTRIC DETECTORS
7.6.1. Overview
7.6.2. Photoelectric Detectors Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. SMART SMOKE DETECTOR MARKET - REVENUE AND FORECASTS TO 2028 - POWER SOURCE
8.1. OVERVIEW
8.2. POWER SOURCE MARKET FORECASTS AND ANALYSIS
8.3. WIRED
8.3.1. Overview
8.3.2. Wired Market Forecast and Analysis
8.4. BATTERY POWERED
8.4.1. Overview
8.4.2. Battery Powered Market Forecast and Analysis
9. SMART SMOKE DETECTOR MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
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9.3. RESIDENTIAL
9.3.1. Overview
9.3.2. Residential Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
9.5. INDUSTRIAL
9.5.1. Overview
9.5.2. Industrial Market Forecast and Analysis
10. SMART SMOKE DETECTOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Smart Smoke Detector Market Overview
10.1.2 North America Smart Smoke Detector Market Forecasts and Analysis
10.1.3 North America Market Forecasts and Analysis - By Type
10.1.4 North America Market Forecasts and Analysis - By Power Source
10.1.5 North America Market Forecasts and Analysis - By End User
10.1.6 North America Market Forecasts and Analysis - By Countries
10.1.6.1 United States Market
10.1.6.1.1 United States Market by Type
10.1.6.1.2 United States Market by Power Source
10.1.6.1.3 United States Market by End User
10.1.6.2 Canada Market
10.1.6.2.1 Canada Market by Type
10.1.6.2.2 Canada Market by Power Source
10.1.6.2.3 Canada Market by End User
10.1.6.3 Mexico Market
10.1.6.3.1 Mexico Market by Type
10.1.6.3.2 Mexico Market by Power Source
10.1.6.3.3 Mexico Market by End User
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10.2. EUROPE
10.2.1 Europe Smart Smoke Detector Market Overview
10.2.2 Europe Smart Smoke Detector Market Forecasts and Analysis
10.2.3 Europe Market Forecasts and Analysis - By Type
10.2.4 Europe Market Forecasts and Analysis - By Power Source
10.2.5 Europe Market Forecasts and Analysis - By End User
10.2.6 Europe Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Market
10.2.6.1.1 Germany Market by Type
10.2.6.1.2 Germany Market by Power Source
10.2.6.1.3 Germany Market by End User
10.2.6.2 France Market
10.2.6.2.1 France Market by Type
10.2.6.2.2 France Market by Power Source
10.2.6.2.3 France Market by End User
10.2.6.3 Italy Market
10.2.6.3.1 Italy Market by Type
10.2.6.3.2 Italy Market by Power Source
10.2.6.3.3 Italy Market by End User
10.2.6.4 United Kingdom Market
10.2.6.4.1 United Kingdom Market by Type
10.2.6.4.2 United Kingdom Market by Power Source
10.2.6.4.3 United Kingdom Market by End User
10.2.6.5 Russia Market
10.2.6.5.1 Russia Market by Type
10.2.6.5.2 Russia Market by Power Source
10.2.6.5.3 Russia Market by End User
10.2.6.6 Rest of Europe Market
10.2.6.6.1 Rest of Europe Market by Type
10.2.6.6.2 Rest of Europe Market by Power Source
10.2.6.6.3 Rest of Europe Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Smart Smoke Detector Market Overview
10.3.2 Asia-Pacific Smart Smoke Detector Market Forecasts and Analysis
10.3.3 Asia-Pacific Market Forecasts and Analysis - By Type
10.3.4 Asia-Pacific Market Forecasts and Analysis - By Power Source
10.3.5 Asia-Pacific Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Market
10.3.6.1.1 Australia Market by Type
10.3.6.1.2 Australia Market by Power Source
10.3.6.1.3 Australia Market by End User
10.3.6.2 China Market
10.3.6.2.1 China Market by Type
10.3.6.2.2 China Market by Power Source
10.3.6.2.3 China Market by End User
10.3.6.3 India Market
10.3.6.3.1 India Market by Type
10.3.6.3.2 India Market by Power Source
10.3.6.3.3 India Market by End User
10.3.6.4 Rest of Asia-Pacific Market
10.3.6.4.1 Rest of Asia-Pacific Market by Type
10.3.6.4.2 Rest of Asia-Pacific Market by Power Source
10.3.6.4.3 Rest of Asia-Pacific Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Smart Smoke Detector Market Overview
10.4.2 Middle East and Africa Smart Smoke Detector Market Forecasts and Analysis
10.4.3 Middle East and Africa Market Forecasts and Analysis - By Type
10.4.4 Middle East and Africa Market Forecasts and Analysis - By Power Source
10.4.5 Middle East and Africa Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Market
10.4.6.1.1 South Africa Market by Type
10.4.6.1.2 South Africa Market by Power Source
10.4.6.1.3 South Africa Market by End User
10.4.6.2 Saudi Arabia Market
10.4.6.2.1 Saudi Arabia Market by Type
10.4.6.2.2 Saudi Arabia Market by Power Source
10.4.6.2.3 Saudi Arabia Market by End User
10.4.6.3 U.A.E Market
10.4.6.3.1 U.A.E Market by Type
10.4.6.3.2 U.A.E Market by Power Source
10.4.6.3.3 U.A.E Market by End User
10.4.6.4 Rest of Middle East and Africa Market
10.4.6.4.1 Rest of Middle East and Africa Market by Type
10.4.6.4.2 Rest of Middle East and Africa Market by Power Source
10.4.6.4.3 Rest of Middle East and Africa Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Smart Smoke Detector Market Overview
10.5.2 South and Central America Smart Smoke Detector Market Forecasts and Analysis
10.5.3 South and Central America Market Forecasts and Analysis - By Type
10.5.4 South and Central America Market Forecasts and Analysis - By Power Source
10.5.5 South and Central America Market Forecasts and Analysis - By End User
10.5.6 South and Central America Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Market
10.5.6.1.1 Brazil Market by Type
10.5.6.1.2 Brazil Market by Power Source
10.5.6.1.3 Brazil Market by End User
10.5.6.2 Argentina Market
10.5.6.2.1 Argentina Market by Type
10.5.6.2.2 Argentina Market by Power Source
10.5.6.2.3 Argentina Market by End User
10.5.6.3 Rest of South and Central America Market
10.5.6.3.1 Rest of South and Central America Market by Type
10.5.6.3.2 Rest of South and Central America Market by Power Source
10.5.6.3.3 Rest of South and Central America Market by End User
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. SMART SMOKE DETECTOR MARKET, KEY COMPANY PROFILES
12.1. AMP SECURITY
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. BIRDI
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. HONEYWELL INTERNATIONAL INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
?
12.4. HUAWEI TECHNOLOGIES
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. NEST LABS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. ORNICOM
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. ROOST INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. SAMSUNG ELECTRONICS CO. LTD.
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. SENSOR SYSTEMS
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. UNITED TECHNOLOGIES CORPORATION
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. AMP SECURITY
2. BIRDI
3. HONEYWELL INTERNATIONAL INC.
4. HUAWEI TECHNOLOGIES
5. NEST LABS
6. ORNICOM
7. ROOST INC.
8. SAMSUNG ELECTRONICS CO. LTD.
9. SENSOR SYSTEMS
10. UNITED TECHNOLOGIES CORPORATION
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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