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Discover the residential smoke detector market growing at 5.44% CAGR by 2021

The global residential smoke detector market to grow at a CAGR of 5.44% during the period 2017-2021.

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The following companies as the key players in the global residential smoke detector market: BRK Brands, Hochiki America, Honeywell International, Kidde, and Siemens. Other Prominent Vendors in the market are: Apollo Fire Detectors, Emerson Electric, General Monitors, Gentex, Johnson Controls International, Mircom, Robert Bosch, and Universal Security Instruments.

Complete report on the Residential Smoke Detector Market Research Report spread across 81 pages, profiling 13 companies with table of content is now available at  www.reportsnreports.com/contacts/d…aspx?name=1127627 

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Residential Smoke Detector Market 2017-2021, 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.

The latest trend gaining momentum in the market is availability of modified smoke detectors and smart smoke detectors. Several modified and technologically advanced smoke detectors are available in the market.

This will impact the market positively during the forecast period. Some technological advances include maintenance-needed indication, individual smoke detector sensitivity adjustment, and drift compensation.

These advances are mainly directed toward reducing false alarms and increasing the rate of detecting actual fire. The technology converts sensor signals to mathematical formulas that are compared with sophisticated algorithms to differentiate between harmless smoke and life-threatening fire.

This technology helps to reduce false alarms, which is a major reason for intentional deactivation of smoke detectors by house owners.

According to the report, one of the major drivers for this market is Technological advances. The integration of technological advances in smoke detectors is the major driver in the market.

Some of the technological advances that are introduced in smoke detectors include maintenance-needed indication, individual smoke detector sensitivity adjustment, and drift compensation. These technological advances are mainly directed toward dipping nuisance alarms and increasing the rate of detecting actual fires.

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Further, the report states that one of the major factors hindering the growth of this market is Difficulty in disposing smoke detectors. Some smoke detectors contain radioactive materials and are required to have warning labels on them.

The radioactive material in smoke detectors can cause health issues while being dismantled. Currently, there are no federal regulations that address the disposal of smoke detectors.

For instance, ionization smoke detectors use a small amount of radioactive material and americium-241 to detect smoke. Moreover, almost all smoke detectors from photoelectric to ionization models, contain circuit boards.

These need to be disposed off carefully as they contain toxic materials like lead. Disposal of such board in landfills can lead to leaching into the ground and contamination of the water supply.

The disposal of alkaline or lithium batteries used in smoke detectors is another major concern.

This report covers the present scenario and the growth prospects of the global residential smoke detector market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of residential smoke detectors.

Smoke detectors are self-contained devices that detect smoke and make a loud beeping sound as a warning. Smoke detectors are connected to alarm systems that emit a high-pitched alarm tone to warn residents of potential danger, thereby preventing accidents.

The connected home security systems provide advanced features that reduce energy consumption and increase connectivity. Customers are highly inclined toward home security systems as they provide modularity, comfort, and security.

The global residential smoke detector market consists connected and non-connected smoke detectors.

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?           

What are the key market trends?                       

What is driving this industry?                                  

What are the challenges to market growth?

Who are the key vendors in this industry space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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