Smoke Alarms Market May Set New Growth Story | Vivint, Kidde, American Sensors
Research Reports
Aug 05, 2021
Latest business intelligence report released on Global Smoke Alarms Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Smoke Alarms market outlook.
List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis:
BRK Brands Inc. (United States), Aico Ltd (United Kingdom), American Sensors Inc. (Canada), Vivint Inc. (United States), Walter Kidde Portable Equipment Inc. (United States), Kidde Inc. (United States), Universal Security Instruments (United States)
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Brief Overview on Smoke Alarms:
Smoke alarms are all-in-one self-contained units that include the smoke sensor and the audible alarm. Smoke alarms, which are properly installed and maintained, play a vital role in reducing fire deaths and injuries. If there is a fire in a residential space, smoke spreads fast and people inside the home needs smoke alarms to early get out. According to the latest edition of the NFPA 72 National Fire Alarm and Signaling Code, a user need to install smoke alarms inside every bedroom, outside every sleeping area (like a hallway that connects a bunch of rooms), and on every level of the home, including the basement.
Key Market Trends:
An Emergence of IoT Based Smoke Alarms
Opportunities:
The Supportive Government Norms towards Safety & Security
Growing Consumer Base in Developing Countries Owing to Increased Disposable Income and Awareness
Market Growth Drivers:
The Growing incidences of Fire deaths and injuries in the Residential and Commercial Spaces
The Increased Awareness of Safety & Security among the People
The Rising Disposable Income of an Individual
Challenges:
Replacement of Smoke Alarms after Every Ten Years
Segmentation of the Global Smoke Alarms Market:
by Application (Residential, Commercial), Sensor Type (Photoelectric, Ionization, Dual Sensors), Connection Type (Wired, Wire-less), Sales Channel (Online, Offline), Power Supply (Battery-Powered, Electric)
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Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
Furthermore, the years considered for the study are as follows:
Historical data – 2016-2020
The base year for estimation – 2020
Recent Estimated Year – 2021
Forecast period** – 2021 to 2026 [** unless otherwise stated]
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Summarized Extracts from TOC of Global Smoke Alarms Market Study
Chapter 1: Exclusive Summary of the Smoke Alarms market
Chapter 2: Objective of Study and Research Scope the Smoke Alarms market
Chapter 3: Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 4: Market Segmentation by Type, End User and Region/Country 2016-2026
Chapter 5: Decision Framework
Chapter 6: Market Dynamics- Drivers, Trends and Challenges
Chapter 7: Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 8: Appendix, Methodology and Data Source
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