Market by Type, Power Source, End-user, and Country Outlook | Forecast 2023-2030
Triton Market Research’s study has concluded that the North America smoke detector market would progress with a CAGR of 7.74% in the forecast years from 2023 to 2030.
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The countries assessed in this region include:
•        The United States
•        Canada
The
United States is anticipated to exhibit the fastest growth rate in the regional
market over the forecast period. The rising fire
incidents in North America are driving the demand for smoke detectors. They are
required to be installed in all residential properties, including single-family
homes, multi-family homes, rental properties, hotels, dormitories, etc., due to
stringent regulations. In addition, the region is home to a number of players
in this space. These factors contribute to the smoke detector market growth in North
America.
In the United States,
local fire departments responded to nearly 1.4 million fire incidents in 2020.
These fires caused nearly 3,500 fatalities and nearly 15,200 injuries. They
also resulted in property damage worth $21.9 billion. The rise in fire incidents
has thereby propelled the adoption of smoke detectors, and is anticipated to
drive the market growth in the country over the forecasted period.
Residential fires are among
the most prevalent crises faced by Canadians. According to the Ontario
Association of Fire Chiefs, residential fires account for 73% of all
fire-related casualties in the country. Additionally, the monetary losses incurred
due to the damage resulting from these fires have been as high as $45,000 per housing
unit. The rising cases of home fire accidents have thus enhanced the demand for
smoke detectors, and this is expected to foster the Canadian market’s growth.
The oil & gas
industry is one of the world’s largest industries in the world, generating an
estimated $3.3 trillion in revenue every year. The processes & systems
involved in the production and distribution of oil & gas are
capital-intensive, highly complex, and require the use of advanced technology.
Also, oil & gas exploration & extraction processes are carried out in
extreme environments and harsh weather conditions. Thus, smoke detectors are largely
used in the oil & gas sector.
The
report assesses the market in accordance with end-user, type, and power source.
Here, the end-user segment consists of oil & gas, telecommunication,
commercial, manufacturing, residential, automotive, and other end-users.
The
eminent companies in the smoke detector market include ABB Ltd, Honeywell
International Inc, Ceasefire Industries Pvt Ltd, Google Nest (Google), Siemens
AG, BRK Brands Inc (acquired by Resideo Technologies Inc), and Carrier Global
Corporation.
BRK Brands Inc (acquired
by Resideo Technologies Inc) is engaged in the designing, development, and
manufacture of residential safety products. Its product portfolio includes
smoke detectors, carbon monoxide alarms, heat alarms, relays, fire
extinguishers, motion sensors, etc. BRK Brands also provides smart smoke
detection solutions enabled with security cameras, wired cameras, and wireless.
Established in 1992, the US-based company is headquartered in Aurora, Illinois.
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Key deliverables of the report:
·     Â
Market
CAGR during the forecasting years 2023-2030
·     Â
Detailed
data highlighting key insights, industry components, and market strategies
·     Â
Comprehensive
information and estimation of the smoke detector market revenue growth in North
America and its influence on the parent market
·     Â
In-depth
study of forthcoming trends in consumer behavioral patterns
·     Â
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces Model
·     Â
A
wide-ranging study of factors that will challenge the North America smoke
detector market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.Â
1. NORTH
AMERICA SMOKE DETECTOR MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SMOKE DETECTOR MARKET
2.2. MARKET
MATURITY ANALYSIS
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. KEY
MARKET STRATEGIES
2.5.1. ACQUISITIONS
2.5.2. DIVESTITURES
2.6. MARKET
DRIVERS
2.6.1. INCREASE
IN FIRE INCIDENTS
2.6.2. INCREASING
FIRE SAFETY CONCERNS
2.6.3. GROWING
AWARENESS ABOUT THE BENEFITS OF SMOKE DETECTORS
2.7. MARKET
CHALLENGES
2.7.1. EXPENSIVE
SMART SMOKE DETECTORS
2.7.2. DISADVANTAGES
OF SMOKE DETECTORS
2.8. MARKET
OPPORTUNITIES
2.8.1. GROWING
ACCEPTANCE OF SMART SMOKE DETECTORS
2.8.2. USE OF
LASER SMOKE DETECTORS FOR EARLY FIRE DETECTION
2.9. ANALYST
PERSPECTIVE
3. NORTH
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY TYPE
3.1. PHOTOELECTRIC
3.2. IONIZATION
3.3. DUAL
SENSOR
3.4. OTHER
TYPES
4. NORTH
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY POWER SOURCE
4.1. HARDWIRED
SMOKE DETECTORS
4.2. BATTERY-POWERED
SMOKE DETECTORS
4.3. OTHERS
(HARDWIRED WITH BATTERY)
5. NORTH
AMERICA SMOKE DETECTOR MARKET OUTLOOK – BY END-USER
5.1. COMMERCIAL
5.2. MANUFACTURING
5.3. TELECOMMUNICATION
5.4. RESIDENTIAL
5.5. AUTOMOTIVE
5.6. OIL
& GAS
5.7. OTHER
END-USERS
6. NORTH
AMERICA SMOKE DETECTOR MARKET – COUNTRY OUTLOOK
6.1. COUNTRY
ANALYSIS
6.1.1. UNITED
STATES
6.1.1.1. UNITED
STATES SMOKE DETECTOR MARKET FORECAST & PROSPECTS
6.1.2. CANADA
6.1.2.1. CANADA
SMOKE DETECTOR MARKET FORECAST & PROSPECTS
7. COMPETITIVE
LANDSCAPE
7.1. BRK
BRANDS INC (ACQUIRED BY RESIDEO TECHNOLOGIES INC)
7.1.1. OVERVIEW
7.1.2. PORTFOLIO
7.1.3. KEY
STRENGTHS
7.1.4. KEY
CHALLENGE
7.2. CEASEFIRE
INDUSTRIES PVT LTD
7.2.1. OVERVIEW
7.2.2. PORTFOLIO
7.2.3. KEY
STRENGTHS
7.2.4. KEY
CHALLENGE
7.3. CARRIER
GLOBAL CORPORATION
7.3.1. OVERVIEW
7.3.2. PORTFOLIO
7.3.3. KEY
STRENGTHS
7.3.4. KEY
CHALLENGE
7.4. ABB LTD
7.4.1. OVERVIEW
7.4.2. PORTFOLIO
7.4.3. KEY
STRENGTHS
7.4.4. KEY
CHALLENGES
7.5. GOOGLE
NEST (GOOGLE)
7.5.1. OVERVIEW
7.5.2. PORTFOLIO
7.5.3. KEY
STRENGTHS
7.5.4. KEY
CHALLENGE
7.6. HOCHIKI
CORPORATION
7.6.1. OVERVIEW
7.6.2. PORTFOLIO
7.6.3. KEY
STRENGTHS
7.6.4. KEY
CHALLENGE
7.7. JOHNSON
CONTROLS INTERNATIONAL PLC
7.7.1. OVERVIEW
7.7.2. PORTFOLIO
7.7.3. KEY
STRENGTHS
7.7.4. KEY CHALLENGE
7.8. HONEYWELL
INTERNATIONAL INC
7.8.1. OVERVIEW
7.8.2. PORTFOLIO
7.8.3. KEY
STRENGTHS
7.8.4. KEY
CHALLENGE
7.9. HUAWEI
TECHNOLOGIES CO LTD
7.9.1. OVERVIEW
7.9.2. PORTFOLIO
7.9.3. KEY
STRENGTHS
7.9.4. KEY
CHALLENGES
7.10. ROBERT
BOSCH GMBH
7.10.1. OVERVIEW
7.10.2. PORTFOLIO
7.10.3. KEY
STRENGTHS
7.10.4. KEY
CHALLENGE
7.11. SECOM
CO LTD
7.11.1. OVERVIEW
7.11.2. PORTFOLIO
7.11.3. KEY
STRENGTH
7.11.4. KEY
CHALLENGE
7.12. SIEMENS
AG
7.12.1. OVERVIEW
7.12.2. PORTFOLIO
7.12.3. KEY
STRENGTHS
7.12.4. KEY
CHALLENGE
7.13. SCHNEIDER
ELECTRIC
7.13.1. OVERVIEW
7.13.2. PORTFOLIO
7.13.3. KEY
STRENGTHS
7.13.4. KEY
CHALLENGE
7.14. PROTEC
FIRE AND SECURITY GROUP LTD
7.14.1. OVERVIEW
7.14.2. PORTFOLIO
7.14.3. KEY
STRENGTHS
7.14.4. KEY
CHALLENGE
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: NORTH AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
TABLE 2: LIST OF ACQUISITIONS
TABLE 3: LIST OF DIVESTITURES
TABLE 4: FIRE DEATH RATE BY
COUNTRY (PER 100,000)
TABLE 5: NORTH AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2023-2030 (IN $ MILLION)
TABLE 6: NORTH AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2023-2030 (IN $ MILLION)
TABLE 7: NORTH AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2023-2030 (IN $ MILLION)
TABLE 8: NORTH AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2023-2030 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: NORTH AMERICA SMOKE
DETECTOR MARKET, BY TYPE, 2022 & 2030 (IN %)
FIGURE 3: NORTH AMERICA SMOKE
DETECTOR MARKET, BY PHOTOELECTRIC, 2023-2030 (IN $ MILLION)
FIGURE 4: NORTH AMERICA SMOKE
DETECTOR MARKET, BY IONIZATION, 2023-2030 (IN $ MILLION)
FIGURE 5: NORTH AMERICA SMOKE
DETECTOR MARKET, BY DUAL SENSOR, 2023-2030 (IN $ MILLION)
FIGURE 6: NORTH AMERICA SMOKE
DETECTOR MARKET, BY OTHER TYPES, 2023-2030 (IN $ MILLION)
FIGURE 7: NORTH AMERICA SMOKE
DETECTOR MARKET, BY POWER SOURCE, 2022 & 2030 (IN %)
FIGURE 8: NORTH AMERICA SMOKE
DETECTOR MARKET, BY HARDWIRED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)
FIGURE 9: NORTH AMERICA SMOKE
DETECTOR MARKET, BY BATTERY-POWERED SMOKE DETECTORS, 2023-2030 (IN $ MILLION)
FIGURE 10: NORTH AMERICA SMOKE
DETECTOR MARKET, BY OTHERS (HARDWIRED WITH BATTERY), 2023-2030 (IN $ MILLION)
FIGURE 11: NORTH AMERICA SMOKE
DETECTOR MARKET, BY END-USER, 2022 & 2030 (IN %)
FIGURE 12: NORTH AMERICA SMOKE
DETECTOR MARKET, BY COMMERCIAL, 2023-2030 (IN $ MILLION)
FIGURE 13: NORTH AMERICA SMOKE
DETECTOR MARKET, BY MANUFACTURING, 2023-2030 (IN $ MILLION)
FIGURE 14: NORTH AMERICA SMOKE
DETECTOR MARKET, BY TELECOMMUNICATION, 2023-2030 (IN $ MILLION)
FIGURE 15: NORTH AMERICA SMOKE
DETECTOR MARKET, BY RESIDENTIAL, 2023-2030 (IN $ MILLION)
FIGURE 16: NORTH AMERICA SMOKE
DETECTOR MARKET, BY AUTOMOTIVE, 2023-2030 (IN $ MILLION)
FIGURE 17: NORTH AMERICA SMOKE
DETECTOR MARKET, BY OIL & GAS, 2023-2030 (IN $ MILLION)
FIGURE 18: NORTH AMERICA SMOKE
DETECTOR MARKET, BY OTHER END-USERS, 2023-2030 (IN $ MILLION)
FIGURE 19: NORTH AMERICA SMOKE
DETECTOR MARKET, BY COUNTRY OUTLOOK, 2022 & 2030 (IN %)
FIGURE 20: UNITED STATES SMOKE
DETECTOR MARKET 2023-2030 (IN $ MILLION)
FIGURE 21: CANADA SMOKE
DETECTOR MARKET 2023-2030 (IN $ MILLION)