A smoke detector is a smoke sensing device that triggers an alarm and visual signal when there is an abundance of smoke particles in the air. The demand for the global smoke detector market is expected to grow with the increase in security concern in commercial, residential and industrial buildings. The market is segmented on the basis of type, power source, and end-user. On the basis of the type, the market is sub-segmented into photoelectric, ionization, and dual sensor smoke detector. Moreover, on the basis of power source, it is divided into hardwired with battery backup, hardwired without battery backup, and battery powered. Further, the end-user segment is sub-segmented into residential, commercial and industrial. Battery-powered smoke detector is expected to have a significant share in the market. The smoke detector powered by battery needs to be replaced frequently due to the exhausted battery or the discharge of battery chemicals in the smoke detector enclosure that needs to be timely cleaned. Further, the demand for hardwired with battery backup smoke detectors is expected to grow in near future.

Geographically, the market is segmented on the basis of major regions that include North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to have a considerable share in the market, which is followed by Europe. Furthermore, Asia-Pacific has significant growth in the smoke detector market during the forecast period. There are some key players in the market which include Nest Labs, Honeywell International, Inc., Johnson Control International PLC, Bosch Sicherheitssysteme GmbH, First Alert (BRK Brands, Inc.), and Kidde (United Technologies Corp.). By adopting various market strategies such as product launch, merger & acquisition, and partnerships & collaborations, these market players are gaining a strong position in the market.

Research Methodology:

The market study of the global smoke detector market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for government and private companies for overall market analysis and competitive analysis. The report provides in-depth analysis on market size, intended quality of the service preferred by consumers. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation:

• Global Smoke Detector Market Research and Analysis by Type
• Global Smoke Detector Market Research and Analysis by Power Source
• Global Smoke Detector Market Research and Analysis by End-User

The Report Covers:

• Comprehensive research methodology of the global smoke detector market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the global smoke detector market.
• Insights about market determinants which are stimulating the global smoke detector market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.