The global smoke detector market is anticipated to amass a revenue of US$ 4,347.8 Million by 2032, up from US$ 2,235.7 Million in 2022, moving forward with a CAGR of 6.9% during the forecast period.
With increasing applications of smoke detectors, the demand for smoke detectors is projected to gain momentum during the forecast period. Smart smoke detectors with improved features are anticipated to hit the smoke detector market, auguring well for the market's future trends.
These features include the ability to collect and analyze data based on a variety of parameters, including smoke, temperature, humidity, activity, carbon monoxide levels, and light. These detectors can also be associated with other smart home security gadgets to ensure the enhanced security of residential homes, and the same is predicted to enhance the overall smoke detector market growth.
| Report Attribute | Details |
|---|---|
| Smoke Detector Market Value (2022) | US$ 2,235.7 Million |
| Smoke Detector Market Anticipated Forecast Value (2032) | US$ 4,347.8 Million |
| Smoke Detector Market CAGR (2022 to 2032) | 6.9% |
The market growth is also facilitated by the ability of advanced smart smoke detectors to detect, sense, and analyze environmental variables, such as motion and heat, using enhanced and specialized forms of sensors.
The availability of smoke detectors with such multi-functionalities is one of the latest smoke detector market trends, which is expected to gain traction to a considerable extent. Persistent connectivity of smart smoke detectors is among the few trends shaping the market statistics during the forecast period. Moreover, the sales of smoke detectors are fostered by the IoT and smart home adoption among the population worldwide.
One of the prime drivers in the global smoke detector market is the advantages of smart smoke detectors over traditional smoke detectors, which is encouraging many to opt for the former. Smart smoke detectors are relatively more efficient in terms of delivering functions compared with traditional smoke detectors, expanding the smoke detector market size.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The demand for smoke detectors is on a growth trajectory as they greatly aid in the avoidance of mishaps, notifying during mishaps, and also sustain logs for statistical purposes, which traditional smoke detectors are not capable of doing.
Though this has resulted in the premium pricing of the product, the connected features of smart smoke detectors offer several advantages to end-users as compared to traditional smoke detectors, in turn boosting the sales of the product. However, in case of power cut-offs, smart smoke detectors face an issue, which can act as a restraining factor for sales of smoke detectors to an extent.
The market growth is further hampered by the lack of power backup while most of the smart smoke detectors are equipped with Internet modems, Wi-Fi routers, and lithium batteries.
By 2022, Europe is anticipated to get hold of a smoke detector market share of 37.6% owing to the growing number of government initiatives encouraging the installation of smoke detectors in commercial, industrial, and residential applications.
The installation of smoke detectors has been made mandatory by the government in an effort to protect residents and lower the number of fatal fire accidents, expanding the market size in the region.
Additionally, the market for smoke detectors in Europe is expanding significantly thanks to the UK as buildings in the UK must abide by the 2010 Building Regulations for the safety of the insiders.
Smoke detectors are installed in buildings more frequently as a result, contributing to the rising sales of smoke detectors.
Principal Consultant
Due to government initiatives to provide funding for developing new and existing infrastructure projects, the North American smoke detector market is likely to capture a revenue share of 25.9% in 2022.
Rising awareness of fire safety and protection, and the presence of major manufacturers operating in the United States and Canada, are also contributing to the expanding smoke detector market size in the region.
The USA fire department estimated that there were 354,400 home structure fires annually from 2013 to 2017, hence establishing strict standards and regulations in an effort to reduce accidents, further bolstering the region's market share dominance.
The team at Roost discovered a compelling, inexpensive backdoor into the market for smart smoke alarms, which is currently dominated by the team at Nest when it first started as a Kickstarter campaign back in 2014.
Previously employed by Wi-Fi chip manufacturer Ozmo, Roel Peeters and James Blackwell applied their Wi-Fi expertise to a smart battery, a component that turns an existing smoke alarm into a connected device monitored remotely using a smartphone.
Roost is diving right in now that it has its foot in the door, in large part due to distribution through retail giants like Home Depot. Two new smoke detectors from the hardware start-up are being released, and they make use of the battery's wireless connectivity and app platform for smartphone-based alerts and check-in.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
In order to improve their market position in both developed and developing economies, players are placing a strong emphasis on acquiring other players.
Key players are also concentrating on modernizing their current fire protection systems in order to better meet consumer needs and maintain a competitive edge in the fast-paced market.
Some of the recent developments in the smoke detector market are as follows:
This addition improves the company's Smart Infrastructure program for small and medium-sized structures. Now, a variety of small to medium-sized structures can be protected with a straightforward and affordable solution.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.9% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2016 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
| Customization | Available Upon Request |
The global smoke detector market is likely to advance at 6.9% CAGR (2022 to 2032)
Europe is likely to hold a smoke detector market share of 37.6% in 2022.
The smoke detector market is anticipated to account for US$ 4,347.8 Million by 2032.
1. Executive Summary | Smoke Detector Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and Their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyers 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute Opportunity Analysis 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Technology, 2017 to 2021 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Technology, 2022 to 2032 5.3.1. Dual 5.3.2. Photoelectric 5.3.3. Ionization 5.4. Y-o-Y Growth Trend Analysis By Technology, 2017 to 2021 5.5. Absolute Opportunity Analysis By Technology, 2022 to 2032 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Services 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Services, 2017 to 2021 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Services, 2022 to 2032 6.3.1. Installation and Design Services 6.3.2. Maintenance Services 6.3.3. Managed Services 6.3.4. Engineering Services 6.4. Y-o-Y Growth Trend Analysis By Services, 2017 to 2021 6.5. Absolute Opportunity Analysis By Services, 2022 to 2032 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Pricing 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Pricing, 2017 to 2021 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Pricing, 2022 to 2032 7.3.1. Low Priced 7.3.2. Medium Priced 7.3.3. Premium Priced 7.4. Y-o-Y Growth Trend Analysis By Pricing, 2017 to 2021 7.5. Absolute Opportunity Analysis By Pricing, 2022 to 2032 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End-User 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End-User, 2017 to 2021 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End-User, 2022 to 2032 8.3.1. Commercial 8.3.2. Residential 8.3.3. Industrial 8.4. Y-o-Y Growth Trend Analysis By End-User, 2017 to 2021 8.5. Absolute Opportunity Analysis By End-User, 2022 to 2032 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021 9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032 9.3.1. North America 9.3.2. Latin America 9.3.3. Europe 9.3.4. Asia Pacific 9.3.5. Middle East and Africa 9.4. Market Attractiveness Analysis By Region 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 10.2.1. By Country 10.2.1.1. United States of America 10.2.1.2. Canada 10.2.2. By Technology 10.2.3. By Services 10.2.4. By Pricing 10.2.5. By End-User 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Technology 10.3.3. By Services 10.3.4. By Pricing 10.3.5. By End-User 10.4. Key Takeaways 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 11.2.1. By Country 11.2.1.1. Brazil 11.2.1.2. Mexico 11.2.1.3. Rest of Latin America 11.2.2. By Technology 11.2.3. By Services 11.2.4. By Pricing 11.2.5. By End-User 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Technology 11.3.3. By Services 11.3.4. By Pricing 11.3.5. By End-User 11.4. Key Takeaways 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 12.2.1. By Country 12.2.1.1. Germany 12.2.1.2. United Kingdom 12.2.1.3. France 12.2.1.4. Spain 12.2.1.5. Italy 12.2.1.6. Rest of Europe 12.2.2. By Technology 12.2.3. By Services 12.2.4. By Pricing 12.2.5. By End-User 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Technology 12.3.3. By Services 12.3.4. By Pricing 12.3.5. By End-User 12.4. Key Takeaways 13. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.1.4. Malaysia 13.2.1.5. Singapore 13.2.1.6. Australia 13.2.1.7. New Zealand 13.2.1.8. Rest of Asia-Pacific (APAC) 13.2.2. By Technology 13.2.3. By Services 13.2.4. By Pricing 13.2.5. By End-User 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Technology 13.3.3. By Services 13.3.4. By Pricing 13.3.5. By End-User 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of Middle East and Africa 14.2.2. By Technology 14.2.3. By Services 14.2.4. By Pricing 14.2.5. By End-User 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Technology 14.3.3. By Services 14.3.4. By Pricing 14.3.5. By End-User 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. United States of America 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2021 15.1.2.1. By Technology 15.1.2.2. By Services 15.1.2.3. By Pricing 15.1.2.4. By End-User 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2021 15.2.2.1. By Technology 15.2.2.2. By Services 15.2.2.3. By Pricing 15.2.2.4. By End-User 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2021 15.3.2.1. By Technology 15.3.2.2. By Services 15.3.2.3. By Pricing 15.3.2.4. By End-User 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2021 15.4.2.1. By Technology 15.4.2.2. By Services 15.4.2.3. By Pricing 15.4.2.4. By End-User 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2021 15.5.2.1. By Technology 15.5.2.2. By Services 15.5.2.3. By Pricing 15.5.2.4. By End-User 15.6. United Kingdom 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2021 15.6.2.1. By Technology 15.6.2.2. By Services 15.6.2.3. By Pricing 15.6.2.4. By End-User 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2021 15.7.2.1. By Technology 15.7.2.2. By Services 15.7.2.3. By Pricing 15.7.2.4. By End-User 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2021 15.8.2.1. By Technology 15.8.2.2. By Services 15.8.2.3. By Pricing 15.8.2.4. By End-User 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2021 15.9.2.1. By Technology 15.9.2.2. By Services 15.9.2.3. By Pricing 15.9.2.4. By End-User 15.10. China 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2021 15.10.2.1. By Technology 15.10.2.2. By Services 15.10.2.3. By Pricing 15.10.2.4. By End-User 15.11. Japan 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2021 15.11.2.1. By Technology 15.11.2.2. By Services 15.11.2.3. By Pricing 15.11.2.4. By End-User 15.12. South Korea 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2021 15.12.2.1. By Technology 15.12.2.2. By Services 15.12.2.3. By Pricing 15.12.2.4. By End-User 15.13. Malaysia 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2021 15.13.2.1. By Technology 15.13.2.2. By Services 15.13.2.3. By Pricing 15.13.2.4. By End-User 15.14. Singapore 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2021 15.14.2.1. By Technology 15.14.2.2. By Services 15.14.2.3. By Pricing 15.14.2.4. By End-User 15.15. Australia 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2021 15.15.2.1. By Technology 15.15.2.2. By Services 15.15.2.3. By Pricing 15.15.2.4. By End-User 15.16. New Zealand 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2021 15.16.2.1. By Technology 15.16.2.2. By Services 15.16.2.3. By Pricing 15.16.2.4. By End-User 15.17. GCC Countries 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2021 15.17.2.1. By Technology 15.17.2.2. By Services 15.17.2.3. By Pricing 15.17.2.4. By End-User 15.18. South Africa 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2021 15.18.2.1. By Technology 15.18.2.2. By Services 15.18.2.3. By Pricing 15.18.2.4. By End-User 15.19. Israel 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2021 15.19.2.1. By Technology 15.19.2.2. By Services 15.19.2.3. By Pricing 15.19.2.4. By End-User 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Technology 16.3.3. By Services 16.3.4. By Pricing 16.3.5. By End-User 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Hochiki Corporation 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.1.5.2. Product Strategy 17.1.1.5.3. Channel Strategy 17.1.2. Honeywell International 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.2.5.2. Product Strategy 17.1.2.5.3. Channel Strategy 17.1.3. Value (US$ Million) & Volume (Units)ed Technologies Corporation 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.3.5.2. Product Strategy 17.1.3.5.3. Channel Strategy 17.1.4. Tyco 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.4.5.2. Product Strategy 17.1.4.5.3. Channel Strategy 17.1.5. Siemens AG 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.5.5.2. Product Strategy 17.1.5.5.3. Channel Strategy 17.1.6. Johnson Contro 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.6.5.2. Product Strategy 17.1.6.5.3. Channel Strategy 17.1.7. Robert Bosch 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.7.5.2. Product Strategy 17.1.7.5.3. Channel Strategy 17.1.8. NEC Corporation 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.8.5.2. Product Strategy 17.1.8.5.3. Channel Strategy 17.1.9. Nest labs 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.9.5.2. Product Strategy 17.1.9.5.3. Channel Strategy 17.1.10. Schneider Electric 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.10.5.2. Product Strategy 17.1.10.5.3. Channel Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Technology Insights
View Reports
Smoke Detector Market
