© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Smoke Detector Market Present Scenario and Growth Prospects from 2018 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  China, Japan, and India have shown a substantial growth in infrastructure development in recent years. Consumers in these countries have started investing in smart residences due to an increase in the disposable income making Asia Pacific a prominent player in the smoke detector market.  North America holds the largest revenue share due to the high demand from consumers in Florida, Texas, and California, who are highly susceptible to wildfires and overheating of homes.  Additionally, these states are witnessing a residential reconstruction at a high pace. In June 2017, the Government of Florida has taken an initiative and installed 179 devices in the city of Greenacres. Additionally, the adoption of smart homes at a fast pace in the region also contributed to the smoke detector market share in North America. Regional Analysis of Smoke Detector Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Smoke Detector Market:  Technological advancements and the adoption of IoT in the system are streamlining the adoption of the smoke detector market. IoT has made the system more efficient and easy to access as these devices are equipped with Bluetooth and Wi-Fi. Intelligent connected devices have found increasing applications in personal and commercial settings. Data from these devices is collected and used for analytics purposes. The data is combined with algorithms to prepare better emergency or evacuation plans. The analytics considers several factors, such as the number of people in the building, building maps, and location of incidence, to come up with better evacuation plans, propelling the smoke detector market growth.  The product-wise segmentation of the smoke detector market includes photoelectric, ionization, and dual-sensor detectors. Most manufacturers provide either photoelectric and ionization systems. Fire burns and inhalation of products, such as carbon monoxide, cyanide, and particulate matter, are the two major reasons that cause death in the fire & exhaust gases incidences and these incidences can only be detected by photoelectric systems. Large fire & exhaust gases incidents are mostly caused by long periods of smoldering such as unattended candles and ovens.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Players operating in the smoke detector market include companies such as Honeywell International, Tyco, Johnson Control, NEC Corporation, Schneider Electric, Hochiki Corporation, United Technologies Corporation, Siemens AG, Robert Bosch, and Nest Labs.  Manufacturers have adopted strategies such as acquisitions and product innovations to strengthen their hold on the smoke detector market. In November 2017, Honeywell International announced the acquisition of SCAME Sistemi.  This move is expected to add new fire & gas safety capabilities to the portfolio of Honeywell, thereby strengthening its hold in the smoke detector market. Competitive Market Share of Smoke Detector Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Smoke Detector Request for an in-depth table of contents for this

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: