Smoke Detectors Market is Reaching $2,602 Million Globally by 2023

1. GLOBAL SMOKE DETECTORS MARKET  GLOBAL OPPORTUNITY AND FORECAST 2023

2. SMOKE DETECTORS ANALYST REVIEW Europe is expected to witness a significant demand for smoke detectors owing to the increasing and compulsory installations of smoke detectors in all residential buildings as per the government regulations. Vineet KumarResearch Manager, C&M and ICT

3. CURRENT AND FUTURE MARKET SCENARIO • The global smoke detectors market was valued at from $1,594 million in 2017. • The global smoke detectors market is expected to reach $2,602 million by 2023. • The global smoke detectors market registering a CAGR of 8.5% from 2017 to 2023. • Global smoke detectors market is expected to grow at the CAGR of 8.5% during the forecast period, thereby expanding the opportunities for global smoke detectors industry. • The dual sensor smoke detectors segment is expected to witness the highest CAGR as compared to other product types.

4. TOP IMPACTING FACTORS TO MARKET GROWTH • Increase in Infrastructural Investments. • The rise in number of constructions initiate the increase in concern for fire safety measures, thereby boosting the demand for global smoke detectors industry. • Growth in Industrialization. • Rapid industrialization across all regions is expected to boost the global smoke detectors industry. • Rapid Population Growth & Urbanization. • The population growth globally is attributed to increase in urbanization, acceleration in migration, and change in fertility rates. • Complications of Smoke Detectors. • Smoke detectors are not designed to function in places of extreme heat or cold, dust, and in places where smoke is usually detected to avoid unnecessary detection.

5. SMOKE DETECTORS MARKET SEGMENTATION • BY PRODUCT • Optical Sensor Smoke Detector • Photoelectric Smoke Detector • Dual Sensor Smoke Detector • Others • BY END-USER INDUSTRY • Commercial • Manufacturing • Telecommunication • Residential • Oil, gas, and mining • Others Get PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/2536

6. The photoelectric smoke detectors segment is expected to generate the maximum revenue in the global market during the forecast period. The dual sensor smoke detectors segment is expected to witness the highest CAGR as compared to other product types.

7. GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • North America is expected to be the highest revenue contributor with $572 million in 2017, and is estimated to reach $904 million by 2023, growing at a CAGR of 8%.

8. DOMINATING MARKET PLAYERS • 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 • United Technologies Corporation

9. A Report Titled “Smoke Detectors Market- Opportunities And Forecasts, 2017– 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Smoke Detectors Market- Opportunities and Forecasts 2017-2023 https://www.alliedmarketresearch.com/smoke-detector-market Get PDF Sample Copy https://www.alliedmarketresearch.com/smoke-detector-market Follow Allied Market Research

10. ABOUT ALLIED MARKET RESEARCH Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: ShriramDighe 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com