Europe Smoke Detector Market report is a wide-ranging and object-oriented which is framed after the combination of an admirable industry experience, talent solutions, industry insight and most modern tools and technology. The market parameters covered here include but are not limited to latest trends, market segmentation, new market entry, industry forecasting, target market analysis, future directions, opportunity identification, strategic analysis, insights and innovation. Here, market segmentation is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions.
The smoke detector market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.4% in the forecast period of 2021 to 2028 and is expected to reach USD 288.10 million by 2028. Growing adoption of smart smoke detectors amongst the customers to enhance safety and reduce fire events is expected to act as a major driving factor for the growth of the smoke detector market.
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Market Definition:
This smoke detector market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the smoke detector market scenario contact Data Bridge Market Research for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The major players covered in the Europe smoke detector market report are:
- Honeywell International Inc.
- Johnson Controls
- Emerson Electric Co.
- Schneider Electric
- Hochiki Corporation
- ABB
- Siemens
- Carrier
- ADT Inc.
- SECOM CO., LTD
- Apollo Fire Detectors
- Securiton AG
- Protec Fire & Security Group Ltd
- Gentex Corporation
- Argus Spectrum International
Smoke Detector Market Scope and Market Size:
The smoke detector market is segmented on the basis of power source, product type, service and end use. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of power source, the smoke detector market is segmented into battery powered, hardwired with battery backup and hardwired without battery backup. In 2021, hardwired with battery backup segment held the larger share in the market due to the dependency on power supply and battery back-up.
- On the basis of product type, the smoke detector market has been segmented into photoelectric smoke detector, ionization smoke detector, dual sensor smoke detector and others. In 2021, photoelectric smoke detector segment accounted for maximum share in the market due to factors such as rising safety concerns due to fire accidents, stringent government regulations for fire prevention and technological innovations in smoke detection system in countries such as Germany, U.K, Russia and others.
- On the basis of service, the smoke detector market has been segmented into engineering services, installation and design services, maintenance services, managed services and other services. In 2021, maintenance services segment held the largest share in the market owing to high revenue generation in maintenance and repair services.
- On the basis of end use, the smoke detector market has been segmented into commercial, residential, oil & gas and mining, transportation and logistics, telecommunication, manufacturing and others. In 2021, commercial segment held maximum share in the market due to emerging trend of smart homes and buildings.
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Europe Smoke Detector Market Country Level Analysis:
Europe smoke detector market is analysed and market size information is provided by the country, power source, product type, service and end use as referenced above.
The countries covered in Europe smoke detector market report are the Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe in Europe.
Germany dominates the Europe smoke detectors market owing to various factors such as growing adoption of smart smoke detectors, rising safety concerns due to fire accidents and stringent government regulations for fire prevention.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Middle East and Africa brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Safety Concerns due to Fire Accidents
The smoke detector market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in smoke detector and changes in regulatory scenarios with their support for the smoke detector market. The data is available for historic period 2010 to 2019.
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Data Bridge Market Research:
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