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Residential Smoke Detector Market Size, Share | Report 2031

Residential Smoke Detector Market

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Segments - by Types (Photoelectric, Dual-sensor, and Ionized), Applications (Residential Blocks, Commercial, and Others), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 -2031

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Debadatta Patel

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Report Description

Residential Smoke Detector Market Outlook 2031:

The global residential smoke detector market size was valued at USD 2.11 Billion in 2022 and is projected to reach USD 4.32 Billion by 2031, expanding at a CAGR of 8.3% during the forecast period 2023 - 2031. Growth of the market is attributed to rising usage of smoke detectors in residential and non-residential buildings.

Smoke detector refers to a smoke sensing device, used as safety measure for detection of fire. Two basic components are smoke sensor and smoke alarm that alerts people when the sensor detects the smoke. Smoke detectors are widely installed in commercial buildings, residential spaces, industrial hubs, and other public places.

Fire incident is one such incident that can easily get out of control within the stipulated time. Smoke detectors easily detect the early stage of fire and deal with the situation promptly. Today's modern home and malls all have smoke detectors pre-installed as a safety measure under the government guidelines.

Modern buildings use synthetic materials and variety of plastics, synthetic textiles in furnishing of commercial and residential buildings which has made them vulnerable to fire accidents. These can lead to severe life and property losses.

Residential Smoke Detector Market Trends, Drivers, Restraints, and Opportunities

Increasing initiatives and support from government is projected to drive the residential smoke detector market growth.
Increase in death and loss of properties due of fire has encouraged the adoption of smoke detector, this in turn fuels the residential smoke detector market.
High cost on installation and timely maintenance is estimated to hinder the residential smoke detector market growth.
Development of smoke detector technology coupled with IoT is anticipated to create immense opportunities for the market players.

Scope of the Residential Smoke Detector Market Report

The report on the global residential smoke detector market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Residential Smoke Detector Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Types (Photoelectric, Dual-sensor, and Ionized), Applications (Residential Blocks, Commercial, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	BRK Brands, Hochiki America, Honeywell International, Kidde, Siemens, Apollo Fire Detectors, and Emerson Electric.

Residential Smoke Detector Market Segment Insights:

Photoelectric residential smoke detector and Dual-sensor residential smoke detector

Based on types, the global residential smoke detector market is segregated into photoelectric, dual sensor, and ionized residential smoke detector. The photoelectric residential smoke detector segment is projected to expand at rapid pace during the forecast period. Photoelectric smoke detector consists of a light emitting diode and a light sensitive sensor located in a sensing chamber. It is more sensitive to the gray smoke emitted by smoldering fire and less sensitive to black smoke emitted by fire.

Dual-sensor smoke detectors combine ionization and photoelectric technology to detect both flaming and smoldering fires, offering you the best protection and saving you the hassle of installing two separate smoke detectors.

The residential segment is anticipated to expand at a CAGR of 9.3% during the forecast period

On the basis of end user, the global residential smoke detector market is segregated into residential blocks, commercial, and others. Rising population leads to rising number of houses worldwide. Substantial growth in urbanization worldwide is anticipated to drive the market.

Factors such as favorable government initiatives, rising adoption of smart homes, policies, and technological advancement for home security are expected to boost the market. The safety protocol policies listed by the government bodies have made this device installation mandatory in the residential and commercial building. U.S National Fire Protect Act (NFPA) in 2019.

The market in North America is projected to hold a major market share

In terms of regions, the global residential smoke detector market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in North America held more than 30% share in 2019 owing to government initiatives in the form of stringent policies to reduce accidental fires in residential sector and presence of major manufactures operating in the US and Canada.

The market in Asia Pacific is expected to grow significantly in the coming year owing to rising population, infrastructural, and real estate sectors in the region. The presence of registered and unregistered Chinese local players operating in the market is estimated to boost the market. Industrial Hubs, Commercial projects, and malls are pioneering the smoke detect systems market.

Segments

The global residential smoke detector market is segmented on the basis of

Types

Photoelectric
Dual-sensor
Ionization

End-users

Residential
Commercial
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

BRK Brands
Hochiki America
Honeywell International
Kidde
Siemens
Apollo Fire Detectors
Emerson Electric

Competitive Landscape

The major players in the residential smoke detector market include BRK Brands, Hochiki America, Honeywell International, Kidde, Siemens, Apollo Fire Detectors, and Emerson Electric.

Companies are engaging in mergers, acquisitions and partnerships to extend their market share. Moreover they are focusing on expanding their product portfolio to leverage their market position.

For instance, in March 2017, Honeywell International Inc. launched its first dual sensor detector. It is professionally monitored and installed by wireless combination carbon monoxide (CO) and smoke detector for the residential sector. Hence, the companies are majorly focusing on innovation catering particularly to countries such as India & China and undeveloped markets to gain maximum market share.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Residential Smoke Detector Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Residential Smoke Detector Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Residential Smoke Detector Market - Supply Chain
  4.5. Global Residential Smoke Detector Market Forecast
     4.5.1. Residential Smoke Detector Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Residential Smoke Detector Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Residential Smoke Detector Market Absolute $ Opportunity
5. Global Residential Smoke Detector Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Residential Smoke Detector Market Size and Volume Forecast by Types
     5.3.1. Photoelectric
     5.3.2. Dual-sensor
     5.3.3. Ionization
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Residential Smoke Detector Market Analysis and Forecast by End Users
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by End Users
     6.2.2. Y-o-Y Growth Projections by End Users
  6.3. Residential Smoke Detector Market Size and Volume Forecast by End Users
     6.3.1. Residential
     6.3.2. Commercial
     6.3.3. Others
  6.4. Absolute $ Opportunity Assessment by End Users
  6.5. Market Attractiveness/Growth Potential Analysis by End Users
7. Global Residential Smoke Detector Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Residential Smoke Detector Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Residential Smoke Detector Demand Share Forecast, 2019-2026
8. North America Residential Smoke Detector Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Residential Smoke Detector Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Residential Smoke Detector Market Size and Volume Forecast by Types
     8.4.1. Photoelectric
     8.4.2. Dual-sensor
     8.4.3. Ionization
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Residential Smoke Detector Market Size and Volume Forecast by End Users
     8.7.1. Residential
     8.7.2. Commercial
     8.7.3. Others
  8.8. Basis Point Share (BPS) Analysis by End Users
  8.9. Y-o-Y Growth Projections by End Users
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Residential Smoke Detector Demand Share Forecast, 2019-2026
9. Latin America Residential Smoke Detector Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Residential Smoke Detector Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Residential Smoke Detector Market Size and Volume Forecast by Types
     9.4.1. Photoelectric
     9.4.2. Dual-sensor
     9.4.3. Ionization
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Residential Smoke Detector Market Size and Volume Forecast by End Users
     9.7.1. Residential
     9.7.2. Commercial
     9.7.3. Others
  9.8. Basis Point Share (BPS) Analysis by End Users
  9.9. Y-o-Y Growth Projections by End Users
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Residential Smoke Detector Demand Share Forecast, 2019-2026
10. Europe Residential Smoke Detector Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Residential Smoke Detector Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Residential Smoke Detector Market Size and Volume Forecast by Types
     10.4.1. Photoelectric
     10.4.2. Dual-sensor
     10.4.3. Ionization
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Residential Smoke Detector Market Size and Volume Forecast by End Users
     10.7.1. Residential
     10.7.2. Commercial
     10.7.3. Others
  10.8. Basis Point Share (BPS) Analysis by End Users
  10.9. Y-o-Y Growth Projections by End Users
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Residential Smoke Detector Demand Share Forecast, 2019-2026
11. Asia Pacific Residential Smoke Detector Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Residential Smoke Detector Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Residential Smoke Detector Market Size and Volume Forecast by Types
     11.4.1. Photoelectric
     11.4.2. Dual-sensor
     11.4.3. Ionization
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Residential Smoke Detector Market Size and Volume Forecast by End Users
     11.7.1. Residential
     11.7.2. Commercial
     11.7.3. Others
  11.8. Basis Point Share (BPS) Analysis by End Users
  11.9. Y-o-Y Growth Projections by End Users
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Residential Smoke Detector Demand Share Forecast, 2019-2026
12. Middle East & Africa Residential Smoke Detector Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Residential Smoke Detector Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Residential Smoke Detector Market Size and Volume Forecast by Types
     12.4.1. Photoelectric
     12.4.2. Dual-sensor
     12.4.3. Ionization
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Residential Smoke Detector Market Size and Volume Forecast by End Users
     12.7.1. Residential
     12.7.2. Commercial
     12.7.3. Others
  12.8. Basis Point Share (BPS) Analysis by End Users
  12.9. Y-o-Y Growth Projections by End Users
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Residential Smoke Detector Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Residential Smoke Detector Market: Market Share Analysis
  13.2. Residential Smoke Detector Distributors and Customers
  13.3. Residential Smoke Detector Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. BRK Brands
     13.4.2. Hochiki America
     13.4.3. Honeywell International
     13.4.4. Kidde
     13.4.5. Siemens
     13.4.6. Apollo Fire Detectors
     13.4.7. Emerson Electric

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