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NORTH AMERICA SMOKE DETECTORS MARKET FORECAST 2022-2030

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NORTH AMERICA SMOKE DETECTORS MARKET FORECAST 2022-2030

The North America smoke detectors market is set to project a CAGR of 6.93% during the forecast period, 2022-2030, and reach a revenue of $1080.78 million by 2030.

NORTH AMERICA SMOKE DETECTORS MARKET FORECAST 2022-2030

North America Smoke Detectors Market by Product Type (Photoelectric, Ionization, Dual-sensor, Other Product Types) Market by Power Source (Hardwired Smoke Detectors, Battery-powered Smoke Detectors, Others) Market by End-user (Commercial, Manufacturing, Telecommunication, Residential, Automotive, Oil & Gas, Other End-users) By Geography

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The North America smoke detectors market is set to project a CAGR of 6.93% during the forecast period, 2022-2030, and reach a revenue of $1080.78 million by 2030.

The smoke detectors market growth in North America is attributed to the vast use of smoke detectors across residential and commercial sectors in the US. Additionally, the stringent regulations by the government to make use of fire detectors in all residential buildings offer market growth opportunities. Also, as per the National Fire Protection Association (NFPA), around 3 out of 5 home fire deaths in the United States are caused by fires in homes with no smoke alarms or malfunctioning smoke alarms.

North America Smoke Detectors Market

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The North America smoke detectors market growth analysis includes the assessment of Canada and the United States. According to studies, almost 4000 Americans die annually in house fires. According to the Ontario Association of Fire Chiefs, residential fires comprise 73% of the total fire-related fatalities in Canada. Besides, fire damages associated with residential structures can incur thousands of dollars. Furthermore, North America houses several important companies like BRK Brands Inc, Honeywell International Inc, Carrier Global Corporation, etc. Such aspects drive the smoke detectors market growth in North America.

The North America smoke detectors market scope includes the analysis of product type, end-user, and power source. The end-user segment includes oil & gas, automotive, commercial, manufacturing, residential, telecommunication, and other end-users.

The oil & gas industry is one of the biggest sectors globally, generating around $3.3 trillion in revenue every year. Oil is vital to the global economic framework, particularly for its largest producers, China, Canada, Russia, Saudi Arabia, and the United States. The exploration and production (E&P) or upstream companies locate reservoirs and drill oil & gas wells.

Further, downstream companies undertake the refining and sale of finished products, and midstream companies undertake the transportation from the wells to refineries. Additionally, the systems and processes involved in producing and distributing oil & gas need state-of-the-art technologies, and are highly complex and capital intensive. Accordingly, the oil & gas industry needs smoke detectors.

The automotive sector comprises a diverse group of organizations and companies engaged in automobiles marketing, design, sale, manufacturing, and development. It is one of the largest industries globally in terms of revenue. The primary products are light trucks, including sports utility vehicles, vans, and pickups, and passenger automobiles. Moreover, smoke detectors are used in automotive manufacturing plants.

The residential sector entails building and selling multi-family and individual dwellings. The industry participants encompass surveyors, building firms, and developers. Several countries require local planning authority or government permission for new buildings. At the same time, regulations govern construction methods.

Further, developers are following several fire safety norms documented in the International Building Code (IBC) with the rising number of fire accidents globally. Moreover, the residential sector is one of the fastest-growing end-users of smoke detectors.

Some of the leading companies operating in the North America smoke detectors market include Honeywell International Inc, Hochiki Corporation, Google Nest (Google), Ceasefire Industries Pvt Ltd, etc.

Honeywell International Inc is a diversified technology & manufacturing company that offers aerospace products & services, businesses & transportation, electronic & advanced materials, safety & security technologies for buildings, industries, and homes, energy & security, etc. The company serves aerospace, buildings & industries, refining & petrochemicals, etc. It is headquartered in Charlotte, North Caroline, the United States, with operations in Asia-Pacific, the Middle East & Africa, Latin America, Europe, and North America.

One of its key products is the 100 Series™ Low-Profile Plug-In Smoke Detector, that offers optimal performance and reliability. It comes with a low-profile, sleek design.

Report Synopsis

Report Scope Details
Market Forecast Years 2022-2030
Base Year 2021
Market Historical Years 2018-2021
Forecast Units Revenue ($ Million)
Segments Analyzed Product Type, Power Source, End-User
Countries Analyzed The United States, Canada
Companies Analyzed

ABB Limited, BRK Brands Inc, Carrier Global Corporation, Ceasefire Industries Pvt Ltd, Google Nest (Google), Hochiki Corporation, Honeywell International Inc, Huawei Technologies Co Ltd, Johnson Controls International, Protec Fire & Security Group Ltd, Robert Bosch GmbH, Schneider Electric, Secom Co Ltd, Siemens AG

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • RISING INCIDENCES OF FIRES
        • GROWING CONCERNS ABOUT FIRE SAFETY
        • INCREASING AWARENESS REGARDING THE BENEFITS OF SMOKE DETECTORS
      • KEY RESTRAINTS
        • LIMITATIONS OF SMOKE DETECTORS
        • HIGH COSTS OF SMART SMOKE DETECTORS
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON SMOKE DETECTORS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY PRODUCT TYPE
      • PHOTOELECTRIC
      • IONIZATION
      • DUAL-SENSOR
      • OTHER PRODUCT TYPES
    3. MARKET BY POWER SOURCE
      • HARDWIRED SMOKE DETECTORS
      • BATTERY-POWERED SMOKE DETECTORS
      • OTHERS (HARDWIRED WITH BATTERY)
    4. MARKET BY END-USER
      • COMMERCIAL
      • MANUFACTURING
      • TELECOMMUNICATION
      • RESIDENTIAL
      • AUTOMOTIVE
      • OIL & GAS
      • OTHER END-USERS
    5. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • DIVESTITURES
      • COMPANY PROFILES
        • ABB LIMITED
        • BRK BRANDS INC
        • CARRIER GLOBAL CORPORATION
        • CEASEFIRE INDUSTRIES PVT LTD
        • GOOGLE NEST (GOOGLE)
        • HOCHIKI CORPORATION
        • HONEYWELL INTERNATIONAL INC
        • HUAWEI TECHNOLOGIES CO LTD
        • JOHNSON CONTROLS INTERNATIONAL
        • PROTEC FIRE & SECURITY GROUP LTD
        • ROBERT BOSCH GMBH
        • SCHNEIDER ELECTRIC
        • SECOM CO LTD
        • SIEMENS AG

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – SMOKE DETECTORS

    TABLE 2: NORTH AMERICA SMOKE DETECTORS MARKET, BY PRODUCT TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: NORTH AMERICA SMOKE DETECTORS MARKET, BY PRODUCT TYPE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 4: NORTH AMERICA SMOKE DETECTORS MARKET, BY POWER SOURCE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: NORTH AMERICA SMOKE DETECTORS MARKET, BY POWER SOURCE, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 6: NORTH AMERICA SMOKE DETECTORS MARKET, BY END-USER, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: NORTH AMERICA SMOKE DETECTORS MARKET, BY END-USER, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 8: NORTH AMERICA SMOKE DETECTORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: NORTH AMERICA SMOKE DETECTORS MARKET, BY COUNTRY, FORECAST YEARS, 2022-2030 (IN $ MILLION)

    TABLE 10: KEY PLAYERS IN NORTH AMERICA SMOKE DETECTORS MARKET

    TABLE 11: LIST OF MERGERS & ACQUISITIONS

    TABLE 12: LIST OF DIVESTITURES          

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA SMOKE DETECTORS MARKET, GROWTH POTENTIAL, BY PRODUCT TYPE, IN 2021

    FIGURE 6: NORTH AMERICA SMOKE DETECTORS MARKET, BY PHOTOELECTRIC, 2022-2030 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA SMOKE DETECTORS MARKET, BY IONIZATION, 2022-2030 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA SMOKE DETECTORS MARKET, BY DUAL-SENSOR, 2022-2030 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA SMOKE DETECTORS MARKET, BY OTHER PRODUCT TYPES, 2022-2030 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA SMOKE DETECTORS MARKET, GROWTH POTENTIAL, BY POWER SOURCE, IN 2021

    FIGURE 11: NORTH AMERICA SMOKE DETECTORS MARKET, BY HARDWIRED SMOKE DETECTORS, 2022-2030 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA SMOKE DETECTORS MARKET, BY BATTERY-POWERED SMOKE DETECTORS, 2022-2030 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA SMOKE DETECTORS MARKET, BY OTHERS (HARDWIRED WITH BATTERY), 2022-2030 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA SMOKE DETECTORS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2021

    FIGURE 15: NORTH AMERICA SMOKE DETECTORS MARKET, BY COMMERCIAL, 2022-2030 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA SMOKE DETECTORS MARKET, BY MANUFACTURING, 2022-2030 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA SMOKE DETECTORS MARKET, BY TELECOMMUNICATION, 2022-2030 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA SMOKE DETECTORS MARKET, BY RESIDENTIAL, 2022-2030 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA SMOKE DETECTORS MARKET, BY AUTOMOTIVE, 2022-2030 (IN $ MILLION)

    FIGURE 20: NORTH AMERICA SMOKE DETECTORS MARKET, BY OIL & GAS, 2022-2030 (IN $ MILLION)

    FIGURE 21: NORTH AMERICA SMOKE DETECTORS MARKET, BY OTHER END-USERS, 2022-2030 (IN $ MILLION)

    FIGURE 22: NORTH AMERICA SMOKE DETECTORS MARKET, COUNTRY OUTLOOK, 2021 & 2030 (IN %)

    FIGURE 23: UNITED STATES SMOKE DETECTORS MARKET, 2022-2030 (IN $ MILLION)

    FIGURE 24: CANADA SMOKE DETECTORS MARKET, 2022-2030 (IN $ MILLION)       

    1. GEOGRAPHICAL ANALYSIS
      • NORTH AMERICA
        • MARKET SIZE & ESTIMATES
        • KEY DRIVERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY PRODUCT TYPE
      • PHOTOELECTRIC
      • IONIZATION
      • DUAL-SENSOR
      • OTHER PRODUCT TYPES
    2. MARKET BY POWER SOURCE
      • HARDWIRED SMOKE DETECTORS
      • BATTERY-POWERED SMOKE DETECTORS
      • OTHERS (HARDWIRED WITH BATTERY)
    3. MARKET BY END-USER
      • COMMERCIAL
      • MANUFACTURING
      • TELECOMMUNICATION
      • RESIDENTIAL
      • AUTOMOTIVE
      • OIL & GAS
      • OTHER END-USERS

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