About Intelligent Smoke Detector
Intelligent smart detectors is a device that can senses smoke, delivered an indication of possible fire and providing security to commercial and residential places. The intelligent smart detectors market has high growth prospects due to the growing construction industry and various ongoing projects. Additionally, increasing consumers focus on the detection of smoke particles that prone to cause a hazardous situation. Rise in the consumer preference towards wireless connections using communication platforms such as Zigbee, Z-wave, Wi-Fi, and Bluetooth will further boost the product demand.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Intelligent Smoke Detector market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Roost Inc. (United States), Nest Labs (United States), Samsung Electronics Co. Ltd (South Korea), Honeywell International Inc. (United States), Huawei Technologies Co. Ltd (China), BRK Brands Inc. (United States), Leeo Inc. (United States), AMP Security (United States), United Technologies Corporation (United States), Birdi (United States) and Netatmo (France) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Gentex Corporation (United States), Hanwei Electronics Group Corporation (China), UIC Corporation (United States), Erlab (United States) and Full Enterprise Corp. (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global Intelligent Smoke Detector market by Type (Photoelectric, Dual Sensors and Ionization), Application (Commercial Use, Industrial Use and Home Use) and Region.
On the basis of geography, the market of Intelligent Smoke Detector 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). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Power Sources, the sub-segment i.e. Hardwired will boost the Intelligent Smoke Detector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Wi-Fi will boost the Intelligent Smoke Detector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of Sensor Technology and Increasing demand in Asia-pacific regions
Market Growth Drivers:
Upsurge demand for Fire Safety Activities and Implementation of Residential Safety Standards
Challenges:
Difficulty in Disposing of Smoke Detectors Properly and Complex Cabling and Short Battery Life
Restraints:
High Cost Associated with Intelligent Smoke Detector and Complications Regarding Installation of Equipment
Opportunities:
Technological Advancements Such as (IoT) Internet of Things, Wi-Fi and Others. and Rapid Demand at Modern Commercial and Residential Infrastructure.
Market Leaders and their expansionary development strategies
In October 2021, Carrier Global Corporation the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions, has acquired Cavius, an innovative Danish residential alarm company that provides a complete range of smoke, heat, flood and carbon monoxide alarms.
In August 2023, Hikvision Introduced a Whole New Range of Standalone Photoelectric Smoke and Gas Detectors. It has launched two product models HF-S2E Eco and NP-FY200 in the Photoelectric Smoke Detector category.
Key Target Audience
Intelligent Smoke Detector Manufacturers, Intelligent Smoke Detector Traders, End-Use Market Participants of Different Segments of Intelligent Smoke Detector, Government and Research Organizations, R&D Institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.