Global Smoke Alarm Market Overview:
A smoke alarm is a device or fir protecting equipment used for the detection of alarm that automatically senses smoke in the area and provides sounds as a warning to the surroundings. There are mainly two types of smoke alarms including photoelectric and ionization smoke alarms, it is a part of the central fire alarm system which also activates and functions at a specific temperature or any extreme temperature for providing a signal for fire safety. Some of the players profiled in the study are BRK Brands Inc (United States), Kidde (Carrier Global) (United States), Honeywell Security (United States), Tyco International plc (Ireland), Siemens AG (Germany), Halma plc (United Kingdom), Panasonic Corporation (Japan), Hochiki (Japan), Sprue Aegis (Fast Track) (United Kingdom), Hekatron (Germany) and Busch-Jaeger Elektro GmbH (Germany).
On the basis of geography, the market of Smoke Alarm has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Smoke Alarm market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Mount, the sub-segment i.e. Ceiling Mounted will boost the Smoke Alarm market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sensing Technology, the sub-segment i.e. Point-based will boost the Smoke Alarm market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growing Fire Accident In Various Places
- Need for the Smoke Detection Alarm Technology for Ensuring Safety and Getting Warning for Taking Required Steps for Protection
- Integration of Artificial Intelligence and Sensing Systems for Smoke Detection
- Increasing Popularity of Photoelectric Smoke Alarms as they have no Health-related Concern
- Problems with the Presence of Counterfeit Smoke Alarm Products in the Market
- Surging Demand for the Smoke Alarm Among Residential Places
- Increasing Awareness about the Safety Measures in Residential and Commercial Spaces will Boost the Smoke Alarm Market
- Smoke Alarms are Sensitive and There can be False Alarm Related Problems with it
Key Market Developments:
On 6th February 2021, Panasonic Life Solutions Middle East & Africa, a subsidiary of Panasonic Marketing Middle East & Africa FZE is launching its user-oriented fire alarm system (FAS), in the UAE. With facilities increasingly focused on improving safety standards, the fire alarm systems offer a smart and scalable solution for a wide range of industries and facility sizes. The fire alarm system is made available to customers by Al-Futtaim Engineering and technologies (AFE), the leading multi-disciplinary engineering provider operating across the UAE.
"According to The National Fire Protection Association, National Fire Alarm and Signaling Code have required as a minimum that smoke alarms be installed inside every sleeping room (even for existing homes) in addition to requiring them outside each sleeping area and on every level of the home. (Additional smoke alarms are required for larger homes.)" "National Fire Incident Reporting System (NFIRS) data shows that 93 percent of all residential fires are flaming and that flaming fires account for 75 percent of residential fire deaths. Together, both types of residential fires claim about 2,980 lives annually (NFPA)."
Smoke Alarm Manufacturers, Smoke Alarm Solution Providers, Smoke Alarm Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Smoke Alarm market on the basis of product [Photoelectric Smoke Alarms, Ionization Smoke Alarms and Combination Smoke Alarms] , application [Home and Public Places], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Smoke Alarm market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Smoke Alarm industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Ei Electronics (Ireland), Nohmi Bosai Lt. (Japan) and Gulf Security Technology Co. (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Smoke Alarm market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.