Contact Us

Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Smoke alarms are widely used in residential, commercial and industrial buildings. Based on application, commercial segment accounted for largest share in global smoke alarms market. Smoke alarm is an electronic fire-protection device which detects the smokes and alert users by warning sound which can help reduces life and economical damage due to fire. Smoke alarms are usually installed over a ceiling in order to detect the smoke. A smart smoke alarm is the latest trend in the global smoke alarm market. A smart smoke alarm is an advanced version of smoke alarm which can detect smoke and alert user over the smart devices such as smartphones, laptops, tablets, and others using cellular connectivity or Wi-Fi. Moreover, these devices also come with various features such as Bluetooth connectivity, Wi-Fi connectivity, native app support (both android and iOS), low battery indication over the app, and others. Many key players in the market are offering smart smoke alarm solutions. For instance, Netatmo, a France-based smart home product developing company, is offering smart smoke alarm with various features such as Wi-Fi connectivity, native app support, ten-year-long battery life, and quick and easy installations

The global smoke alarms market is expected to witness significant growth during the forecast period (2020–2027) due increasing commercial infrastructural investments and implementation of safety standards is expected to drive the global smoke alarms market. The demand for smoke alarms is rapidly growing owing to mandatory government policies in various countries such as the U.S., the U.K., China, and others. The major factor restraining growth of the global Smoke Alarms market is high initial cost. Although various governments have mandated installation of smoke alarms in every residential, commercial, and industrial building; factors such as high initial cost, cost of replacement of existing smoke alarms with new advanced are high which is expected to hamper the global smoke alarm market growth during the forecast period. The National Fire Protection Association (NFPA), an international non-profit organization based in the U.S., has advised people to replace the existing smoke detectors with newly developed advanced smoke detectors after every ten years, which can be a tedious and costly task. According to Worldwide Market Reports’ analysis, in 2019, the average cost to install or replace smoke alarm was around US$ 500-600. In the U.K. installing a grade a fire alarm system can cost up to US$ 3,300.

request-sample

Smoke Alarms Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 1,833.3 Mn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 8.5% 2027 Value Projection: US$ 3,315.4 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Europe: Germany, Italy, France, U.K., Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, ASEAN, Australia, South Korea, and Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Type: Photoelectric Smoke Alarm, Ionization Smoke Alarm, Dual Sensor Smoke Alarm, and Multi-Criteria Alarms
  • By Power Type: Hardwired, Battery Powered, 10 Year Sealed, Plug-in, and Wireless
  • By Application: Commercial, Residential, and Industrial
  • By Distribution Channel: E-commerce Channel, and Retail (Distributors, Electrical Wholesale, Clubs, and Retailers)
Companies covered:

Panasonic Corporation, Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls, Robert Bosch GMBH, Siemens AG, TYCO International plc, United Technologies Corporation (UTC), Kidde, X-Sense Innovations Co., BRK Brands, Inc., Nest Labs, Smartwares, Universal Security Instruments, Inc., Busch-Jaeger, EI Electronics, and Hekatron Vertriebs GmbH

Growth Drivers:
  • Stringent Government Regulations Regarding Smoke Alarms
  • Increasing Demand for Smoke Detectors in the Residential Segment
Restraints & Challenges:
  • High Initial Cost

The players involved in the market are continuously focusing of merger and acquisition strategy and continuously adding new products in its offering.

Merger and Acquisition:

  • In June 2019, Hochiki Europe (UK) Limited, a subsidiary of Hochiki Corporation, acquired Fire and Security Company DES srl. The acquisition supports Hochiki Europe to expand the DES srl distribution channels and further increase its business within the Italian market.
  • In January 2016, Tyco International plc merged with Johnson Controls, an Ireland-based security equipment manufacturer. This has helped the company expand its product portfolio and customer base. The company is offering products and solutions under Johnson Controls International plc’s brand.

Product Launch:

  • In June 2019, Busch-Jaeger Elektro GmbH launched the smoke, heat, and carbon monoxide detectors.
  • In January 2017, Kidde launched an intelligent wireless technology at 2017 International Consumer Electronics Show (CES), Las Vegas, U.S. The smoke alarms products equipped with wireless technology can operate without hardwire or Wi-Fi connectivity.

Global Smoke Alarms Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 pandemic adversely effected various businesses across the globe including consumer electronics, manufacturing, transportation, and others. According to Worldwide Market Report’ analysis, the impact of coronavirus (COVID-19) pandemic on the global smoke alarms market is moderate. In order to reduce the spread of COVID 19, many companies in the market remained operational with limited employees working on the shop floor and remaining people working from home, which lowered the production capacity of factories. For instance, in April 2020, Robert Bosch GmbH, a Germany-based engineering and technology solution providing company, temporary shutdown the company’s 100 production facilities across the globe in order to reduce the COVID-19 spread, which resulted in to drop in production drastically. Moreover, many key players in the market are also facing challenges in the regular routine check-up for smoke alarms.

North America held dominant position in the global smoke alarms market in 2019

Statistics:

North America held dominant position in the global smoke alarms market in 2019, accounting for 33.1% share in terms of value, followed by Asia Pacific and Europe.

Figure 1: Global Smoke Alarms Market Share (%), By Region, 2019

Smoke Alarms  | Coherent Market Insights

Asia Pacific and Europe expected to contribute notable share in global smoke alarms market and is anticipated to follow same trend over forecast period. North America is expected to account for the largest market share during the forecast period, owing to the increasing product development by key player such as Tyco International plc, Honeywell International, Inc., and others. For instance, in August 2019, Honeywell launched VESDA-E VES aspirating smoke detectors. This detector reduced the cost of ownership by reducing the installation and operating expenses. Moreover, the VESDA-E VES smoke detectors provide configurable alarm levels. In January 2020, Tyco International plc launched the latest version of TrueAlarm sensors, a series of smoke alarms. This new series is much more reliable in terms of accuracy compared with conventional smoke alarms.

Photoelectric Smoke Alarm segment is expected to drive the market growth during the forecast period

In 2019, the photoelectric smoke alarm segment generated revenue of US$ 679.4 Mn and is expected to reach US$ 1,230.2 Mn by 2027, with a CAGR of 8.5% over the forecast period 2020 – 2027

Photoelectric alarms respond 15 to 50 minutes faster to the fire hat begin with a long period of smoldering (the stage before the smoke breaks into flame) than ionization alarm. These alarms detect the smoke in smoldering and flaming stages of fire. Mostly, these alarms are installed near kitchens. Players such as Universal Security Instruments, Inc. provides photoelectric smoke alarm.

Figure 2: Global Smoke Alarms Market Value (US$ Mn) Analysis and Forecast, 2017 - 2027

Smoke Alarms  | Coherent Market Insights

The global smoke alarms market was valued at US$ 1,833.3 Mn in 2019 and is expected to reach US$ 3,315.4 Mn by 2027 at a CAGR of 8.5% between 2020 and 2027.

Major players operating in the global smoke alarms market include Panasonic Corporation, Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls, Robert Bosch GMBH, Siemens AG, TYCO International plc, United Technologies Corporation (UTC), Kidde, X-Sense Innovations Co., BRK Brands, Inc., Nest Labs, Smartwares, Universal Security Instruments, Inc., Busch-Jaeger, EI Electronics, and Hekatron Vertriebs GmbH

Smoke alarm is an electronic fire-protection device which detects the smokes and alert users by warning sound which can help reduces life and economical damage due to fire. Smoke alarms are usually installed over a ceiling in order to detect the smoke. Increasing commercial infrastructural investments and implementation of safety standards is expected to drive the global smoke alarms market. The demand for smoke alarms is rapidly growing owing to mandatory government policies in various countries such as the U.S., the U.K., China, and others. Smoke alarms are widely used in residential, commercial and industrial buildings. Based on application, commercial segment accounted for largest share in global smoke alarms market. There are various methods which can be used to detect smoke and hence based on type, smoke alarms market is segmented into Photoelectric Smoke Alarm, Ionization Smoke Alarm, Dual Sensor Smoke Alarm, and Multi-Criteria Alarms. Photoelectric Smoke Alarms accounted for largest share in global smoke alarm market in 2019. 

The demand for smoke alarms is rapidly growing owing to the mandatory government policies in various countries such as the U.S., the U.K., China, and others. Fire safety is a crucial parameter for any commercial, residential, and industrial buildings for safety of human lives and property. Furthermore, the increasing number of causalities due to fire is a major reason why government bodies are mandating smoke alarms. For instance, according to the National Fire Protection Association (NFPA), an international non-profit organization in the U.S., in 2018, in U.S. there were around 3,655 civilian deaths and 15,200 injuries due to 1,389,500 fire cases. In U.S, the 2018 civilian fire death toll of 3,655 is over 7% higher than the 3,400 total in 2017 and 28% higher than the record low number of deaths (2,855) in 2012.

Thus, in order to curb the number of deaths due to fire and improve building safety standards, various governments across the globe are making it mandatory to install smoke alarms for buildings including residential, commercial, and industrial. For instance, according to the government of the U.K., it is mandatory to install smoke alarms for every commercial and industrial building in order to safeguard human life. Similarly in the U.S., it is compulsory to install smoke alarms in every bedroom for both newly developed and existing houses as well, according to (National Fire Alarm and Signaling Code) NFPA 72 standards). The number of smoke alarms are directly proportional to the size of the house, therefore the larger the house, the more number of alarms are required. Thus, these factors are expected to drive the global smoke alarm market growth during the forecast period of 2020-2027.

Market Dynamics

Rising awareness of fire hazards and economical damage due to the fire has increased the demand for smoke alarms in the residential segment. Moreover, the residential segment is rapidly growing in emerging countries such as India, China, and others. For instance, according to the India Brand Equity Foundation (IBEF), the Indian real estate market is expected to reach US$ 1,000 million by 2030 from US$ 120 million in 2017. This rapid growth in the real estate market in emerging countries will positively affect the global smoke alarm market growth.

Furthermore, rapid urbanization across the globe is also expected to drive the demand for smoke alarm products in the residential sector. A large number of people are shifting to cities, which is driving the demand for smoke detector equipped houses. According to a report published by the United Nations, globally around 3.9 million people were living in cities in 2014. This number is expected to reach around 6 million by 2050. This rapid pace of urbanization is increasing the demand for smart homes, which are equipped with fire safety devices such as smoke alarms.

Key features of the study:

  • This report provides in-depth analysis of global smoke alarms market size (US$ Million) and market volume (‘000 Units). The compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading  market players
  • It profiles leading players in the global smoke alarms market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study include Panasonic Corporation, Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls, Robert Bosch GMBH, Siemens AG, TYCO International plc, United Technologies Corporation (UTC), Kidde, X-Sense Innovations Co., BRK Brands, Inc., Nest Labs, Smartwares, Universal Security Instruments, Inc., Busch-Jaeger, EI Electronics, and Hekatron Vertriebs GmbH
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global smoke alarms market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smoke alarms market

Detailed Segmentation

  • Global Smoke alarms Market, By Type:
    • Photoelectric Smoke Alarm
    • Ionization Smoke Alarm
    • Dual Sensor Smoke Alarm
    • Multi-Criteria Alarms
  • Global Smoke alarms Market, By Power Type:
    • Hardwired
    • Battery Powered
    • 10 Year Sealed
    • Plug-in
    • Wireless
  • Global Smoke alarms Market, By Application:
    • Commercial
    • Residential
    • Industrial
  • Global Smoke alarms Market, By Distribution Channel:
    • E-commerce Channel
    • Retail
      • Distributors
      • Electrical Wholesale
      • Clubs
      • Retailers
  • Global Smoke alarms Market, By Region:
    • North America
      • By Type:
        • Photoelectric Smoke Alarm
        • Ionization Smoke Alarm
        • Dual Sensor Smoke Alarm
        • Multi-Criteria Alarms
      • By Power Type:
        • Hardwired
        • Battery Powered
        • 10 Year Sealed
        • Plug-in
        • Wireless
      • By Application:
        • Commercial
        • Residential
        • Industrial
      • By Distribution Channel:
        • E-commerce Channel
        • Retail
          • Distributors
          • Electrical Wholesale
          • Clubs
          • Retailers
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Type:
        • Photoelectric Smoke Alarm
        • Ionization Smoke Alarm
        • Dual Sensor Smoke Alarm
        • Multi-Criteria Alarms
      • By Power Type:
        • Hardwired
        • Battery Powered
        • 10 Year Sealed
        • Plug-in
        • Wireless
      • By Application:
        • Commercial
        • Residential
        • Industrial
      • By Distribution Channel:
        • E-commerce Channel
        • Retail
          • Distributors
          • Electrical Wholesale
          • Clubs
          • Retailers
      • By Country:
        • Germany
        • Italy
        • France
        • U.K.
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Type:
        • Photoelectric Smoke Alarm
        • Ionization Smoke Alarm
        • Dual Sensor Smoke Alarm
        • Multi-Criteria Alarms
      • By Power Type:
        • Hardwired
        • Battery Powered
        • 10 Year Sealed
        • Plug-in
        • Wireless
      • By Application:
        • Commercial
        • Residential
        • Industrial
      • By Distribution Channel:
        • E-commerce Channel
        • Retail
          • Distributors
          • Electrical Wholesale
          • Clubs
          • Retailers
      • By Country:
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • By Type:
        • Photoelectric Smoke Alarm
        • Ionization Smoke Alarm
        • Dual Sensor Smoke Alarm
        • Multi-Criteria Alarms
      • By Power Type:
        • Hardwired
        • Battery Powered
        • 10 Year Sealed
        • Plug-in
        • Wireless
      • By Application:
        • Commercial
        • Residential
        • Industrial
      • By Distribution Channel:
        • E-commerce Channel
        • Retail
          • Distributors
          • Electrical Wholesale
          • Clubs
          • Retailers
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East and Africa
      • By Type:
        • Photoelectric Smoke Alarm
        • Ionization Smoke Alarm
        • Dual Sensor Smoke Alarm
        • Multi-Criteria Alarms
      • By Power Type:
        • Hardwired
        • Battery Powered
        • 10 Year Sealed
        • Plug-in
        • Wireless
      • By Application:
        • Commercial
        • Residential
        • Industrial
      • By Distribution Channel:
        • E-commerce Channel
        • Retail
          • Distributors
          • Electrical Wholesale
          • Clubs
          • Retailers
      • By Country/Region:
        • GCC Countries
        • South Africa
        • Rest of Middle East and Africa
  • Company Profiles
    • Honeywell International, Inc.
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Developments/ Updates
      • Key Strategies
    • Panasonic Corporation
    • Halma plc
    • Hochiki Corporation
    • Johnson Controls,
    • Robert Bosch GMBH
    • Siemens AG
    • TYCO International plc
    • United Technologies Corporation (UTC)
    • Kidde
    • X-Sense Innovations Co.
    • BRK Brands, Inc.
    • Nest Labs
    • Smartwares
    • Universal Security Instruments, Inc.
    • Busch-Jaeger
    • EI Electronics
    • Hekatron Vertriebs GmbH

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Top Market Findings
      • Market Revenue (US$) and Forecast, 2017 – 2027
      • Market Volume (Units) and Forecast, 2017 – 2027
      • Market Snippet, By Technology Type
      • Market Snippet, By Power Type
      • Market Snippet, By Application
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Region
    • WMR Opportunity Map (WOM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Mergers and Acquisitions Scenario
    • Key Trends
    • Product Launch Scenario
    • Porter’s Five Forces Analysis
    • Market Size and Forecast of Smoke Alarms MRO Market, 2017 – 2027
    • Carbon Monoxide Alarms Market, 2017 – 2027
    • Impact of COVID-19 Pandemic on Global Smoke Alarms Market
  4. Global Smoke Alarms Market, By Type, 2017-2027 (US$ Million and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Photoelectric Smoke Alarm
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Ionization Smoke Alarm
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Dual Sensor Smoke Alarm
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Multi-Criteria Alarms
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
  5. Global Smoke Alarms Market, By Power Type, 2017-2027 (US$ Million and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Hardwired
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Battery Powered
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • 10 Year Sealed
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Plug-in
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Wireless
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
  6. Global Smoke Alarms Market, By Application, 2017-2027 (US$ Million and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • Commercial
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Residential
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Industrial
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
  7. Global Smoke Alarms Market, By Distribution Channel, 2017-2027 (US$ Million and Units)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Segment Trends
    • E-commerce Channel
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
    • Retail
      • Introduction
      • Market Size and Forecast, 2017 - 2027, (US$ Million and Units)
        • Distributors
        • Electrical Wholesale
        • Clubs
        • Retailers
  8. Global Smoke Alarms Market, By Region, 2017-2027 (US$ Million and Units)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
    • North America
      • Introduction
      • Market Size and Forecast, By Type, 2017 - 2027 (US$ Million and Units)
      • Market Size and Forecast, By Power Type, 2017 - 2027 (US$ Million and Units)
      • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Million and Units)
      • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million and Units)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Power Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • Germany
        • Italy
        • France
        • U.K.
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Power Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Power Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2027 (%)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East and Africa
      • Introduction
      • Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Power Type, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Distribution Channel, 2017 - 2027 (US$ Million)
      • Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
      • Market Share Analysis, By Country/Region, 2020 and 2027 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Competitive Positioning of Key Players, 2019
    • Company Profiles
      • Panasonic Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
      • Halma plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
      • Hochiki Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • Honeywell International, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • Johnson Controls
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • Robert Bosch GMBH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • Siemens AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • TYCO International plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • United Technologies Corporation (UTC)
        • Company Overview
      • Kidde
        • Company Overview
        • Product Portfolio
        • Key Strategies
      • X-Sense Innovations Co.
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
        • Key Strategies
      • BRK Brands, Inc.
        • Company Overview
        • Product Portfolio
        • Key Strategies
      • Nest Labs
        • Company Overview
        • Product Portfolio
        • Key Strategies
      • Smartwares
        • Company Overview
        • Product Portfolio
        • Key Strategies
      • Universal Security Instruments, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Key Strategies
      • Busch-Jaeger
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
      • EI Electronics
        • Company Overview
        • Product Portfolio
        • Key Strategies
      • Hekatron Vertriebs GmbH
        • Company Overview
        • Product Portfolio
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Smoke Alarms Market - Global forecast to 2027”.

Frequently Asked Questions

The market is expected to reach US$ 3,315.4 million by 2027.
The market is expected to witness a CAGR of 8.5% during the forecast period (2020-2027).
Rising awareness of fire hazards and economical damage due to the fire has increased the demand for smoke alarms in the residential segment. The demand for smoke alarms is rapidly growing owing to the mandatory government policies in various countries such as the U.S., the U.K., China, and others.
The commercial segment held the largest market share among application, contributing 45.3% in terms of value in 2019.
North America region held the largest share in the market in 2019, accounting for 33.1% share in terms of value.
Key players operating in the market include Panasonic Corporation, Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls, Robert Bosch GMBH, Siemens AG, TYCO International plc, United Technologies Corporation (UTC), Kidde, X-Sense Innovations Co., BRK Brands, Inc., Nest Labs, Smartwares, Universal Security Instruments, Inc., Busch-Jaeger, EI Electronics, and Hekatron Vertriebs GmbH.
Existing Clientele

Joining thousands of companies around the world committed to making the Excellent Business Solutions.

View All Our Clients

Our Trusted Patner