COVID-19 Impact & Recovery Analysis – Smart Smoke Detector Market 2020-2024 | Technological Advances to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–#GlobalSmartSmokeDetectorMarket–Technavio has been monitoring the smart smoke detector market and it is poised to grow by USD 197.85 million during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BRK Brands Inc., Emerson Electric Co., Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, United Technologies Corp., and Universal Security Instruments Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Technological advances have been instrumental in driving the growth of the market. However, increasing price wars among existing vendors might hamper market growth.

Smart Smoke Detector Market 2020-2024: Segmentation

Smart Smoke Detector Market is segmented as below:

  • Technology

    • Photoelectric
    • Dual-sensors
    • Ionization
    • Others
  • Geography

    • North America
    • APAC
    • Europe
    • MEA
    • South America

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Smart Smoke Detector Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart smoke detector market report covers the following areas:

  • Smart Smoke Detector Market size
  • Smart Smoke Detector Market trends
  • Smart Smoke Detector Market industry analysis

This study identifies the availability of modified smoke detectors and smart smoke detectors as one of the prime reasons driving the smart smoke detector market growth during the next few years.

Smart Smoke Detector Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the smart smoke detector market, including some of the vendors such as BRK Brands Inc., Emerson Electric Co., Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc, Robert Bosch GmbH, Schneider Electric SE, Siemens AG, United Technologies Corp., and Universal Security Instruments Inc. Backed with competitive intelligence and benchmarking, our research reports on the smart smoke detector market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Smoke Detector Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist smart smoke detector market growth during the next five years
  • Estimation of the smart smoke detector market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart smoke detector market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart smoke detector market vendors

Table Of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook
  • Market size and forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • Photoelectric – Market size and forecast 2019-2024
  • Dual-sensors – Market size and forecast 2019-2024
  • Ionization – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Technology

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Market Drivers

  • Volume driver – Demand led growth

Market Challenges

Market Trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BRK Brands Inc.
  • Emerson Electric Co.
  • Hochiki America Corp.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Robert Bosch GmbH
  • Schneider Electric SE
  • Siemens AG
  • United Technologies Corp.
  • Universal Security Instruments Inc.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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