Report forecast the global residential smoke
detector market to grow at a CAGR of 5.27% during the period 2016-2020.
The use of smoke detectors in residential buildings
is mandatory in many developed countries. Due to safety and security concerns,
builders in developing countries are also installing these detectors in
residential buildings. Therefore, demand from developing countries is growing.
Also, the construction industry in developing countries such and India and
China is growing at a rapid rate.
The report covers the present scenario and the
growth prospects of the global residential smoke detector market for 2016-2020.
To calculate the market size, the report considers the revenue generated from
the sales of residential smoke detectors.
The market is divided into the following
segments based on geography:
- North America
- APAC
- Europe
- ROW
According to the report, the support that the
governments of most developed countries provide for installing smoke detectors
in residences, be it monetary or through initiatives, is one of the major
drivers of the market.
Further, the report states that strict regulations
governing the disposal of these products could limit their adoption, which in
turn could limit market growth over the next five years.
Global Residential Smoke Detector Market
2016-2020, has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and its
growth prospects over the coming years. The report also includes a discussion
of the key vendors operating in this market.
key players in the Global Residential Smoke
Detector Market: Honeywell Security, Hochiki America, Siemens, Tyco, and United
Technologies.
Other Prominent Vendors in the market are: Apollo
Fire Detectors, Det-Tronics, Emerson Electric, General Monitors, Gentex,
Johnson Controls, Mircom, Robert Bosch, System Sensor, Universal Security
Instruments, and Xtralis.
Market driver
- Initiatives and support from government bodies
- For a full, detailed list, view our report
Market challenge
- Difficulty disposing of smoke detectors
- For a full, detailed list, view our report
Market trend
- Availability of modified smoke detectors
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 59 pages and 34 Exhibit “Global
Residential Smoke Detector Market 2016 - 2020” report covers Executive
summary, Scope of the report, Market research methodology, Introduction, Market
Overview, Market Landscape, Market segmentation by power source, Market
segmentation by sensor type, Geographical segmentation, Key leading countries,
Market drivers, Impact of drivers, Market challenges, Impact of drivers and
challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.
For
more information Visit at: http://mrr.cm/J3w
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