Overview:
The global smart smoke detector market is witnessing a steady growth by 8.2% CAGR during the forecast period of 2018 to 2023. During the same time, the market is slated to grow up to USD 1533 million. Market Research Future (MRFR) predicted in their report that this market stands to benefit from the rising number of smart city and residential projects. People are demanding top-class security and advanced technologies are providing opportunities that can be explored to back such demands. However, the initial installation cost and maintenance could be an deterring issue.
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Segmentation:
The global Smart Smoke Detector Market has been studied by MRFR analysts to understand various complexities. To facilitate such a reading, it has been segmented into type, service, power source, connectivity, and end user.
By type, the global market includes a study of photoelectric detectors, network ionization detectors, aspirating smoke detector (ASD), dual sensor detectors (CO and CO2), and laser smoke detector (LSD).
By service, the market comprises installation services, testing & inspection services, and maintenance & replacement services.
By power source, the market includes a study of hard-wired and battery-powered smoke detectors.
By connectivity, the market has been studied on the basis of Bluetooth, ZigBee, Wi-Fi, and others.
By end-user, the market encompasses a review of industrial, residential, and commercial.
Regional Analysis:
North America, with robust investment support and infrastructural superiority, is expected to control the global market. Research and development funding is also going to play a crucial role in the rise of this regional market.
Competitive Landscape:
The global smart smoke detector market is getting backed by the strategic moves of companies like Samsung Electronics Co. Ltd (South Korea), Nest Labs (US), Huawei Technologies Co. Ltd (China), Roost Inc. (US), AMP Security (US), United Technologies Corporation (US), BRK Brands Inc. (US), Honeywell International Inc. (US), Netatmo (France), Elgato (Germany), Birdi (US), Leeo Inc. (US), Gentex Corporation (US), UIC Corporation (US), Universal Security Instruments Inc. (US), Xtralis Pty Ltd (Ireland), Hanwei Electronics Group Corporation (China), The Crow Group (Israel), Nietzsche Enterprise Co. Ltd (Taiwan), Erlab (US), Lowe's Companies Inc.(US), Heiman Co. Limited (China), Full Enterprise Corp. (Taiwan), and others.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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