Market Research Future (MRFR) study on the Smart Smoke Detectors Market is all set to gain substantial ground with 8.2% CAGR during the forecast period (2018-2023) and cross a valuation of USD 1,533 million by the end of 2023.

1. Smart Smoke Detectors Market is expected to reach USD 1,533
Million by 2023 | Global Industry analysis by Major Companies like
Roost Inc., Nest Labs, Samsung Electronics Co. Ltd.
Market Research Future (MRFR), highlights that the “Global Smart Smoke
Detectors Market 2020” Expected to Grow Exponentially, Securing a
Significant Market Valuation at a Decent CAGR of 8.2%
Market Research Future (MRFR) study on the Smart Smoke Detectors Market is all set to gain
substantial ground with 8.2% CAGR during the forecast period (2018-2023) and cross a
valuation of USD 1,533 million by the end of 2023.
Smart Smoke Detectors are finding it easy to enter the market as these could easily satisfy
many of the prominent security concerns with relative ease. Market Research Future (MRFR) in
their report claims that this integration of the smart smoke detectors into construction sector is
expected to be easy as several factors would inspire its inclusion.
Factors such as the introduction of artificial intelligence and IoT, high intake in construction
sector, customer inclination towards safety, technological superiority, and others are expected
to provide tailwind to the market. But high costs incurred during the installation could be a
possible dampening factor for the global market.
Segmentation:
The global smart smoke detector market has been segmented by MRFR into type, service,
power source, end-user, and connectivity. The analysis aims at having substantial peek into the
market before predicting the future outcome in the coming years.

2.  Based on the type, the smart some detector market comprises aspirating smoke
detector (ASD), network ionization detectors, dual sensor detectors (CO and CO2),
photoelectric detectors, and laser smoke detector (LSD).
 Based on the service, the smart some detector market consists installation services,
testing & inspection services, and maintenance & replacement services. Post-
installation, regular maintenance & replacement services to ensure better safety would
give rise to the revenue generation.
 Based on the power source, the smart some detector market includes hard-wired and
battery-powered smoke detectors.
 Based on the connectivity, the smart some detector market can be segmented into Wi-
Fi, Bluetooth, ZigBee, and others. The wi-fi segment has significant market reach which
is impacting the market growth.
 Based on the end-user, the smart some detector market includes residential, industrial,
and commercial. The growth in residential segment construction and demand for better
security facilities has given rise to the residential segment.
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Competitive Landscape:
The global smart smoke detector market is all set to get influenced by several companies like
Roost Inc. (US), Nest Labs (US), Samsung Electronics Co. Ltd (South Korea), Honeywell
International Inc. (US), Huawei Technologies Co. Ltd (China), BRK Brands Inc. (US), Leeo Inc.
(US), AMP Security (US), United Technologies Corporation (US), Birdi (US), Netatmo (France),
Gentex Corporation (US), Elgato (Germany), Universal Security Instruments Inc. (US), Hanwei
Electronics Group Corporation (China), UIC Corporation (US), Lowe's Companies Inc.(US), Xtralis
Pty Ltd (Ireland), Erlab (US), Full Enterprise Corp. (Taiwan), The Crow Group (Israel), Heiman Co.
Limited (China), Nietzsche Enterprise Co. Ltd (Taiwan), and others. MRFR in their analysis
measured the impacts these companies are having on the global market by enlisting their latest
strategic moves.
Regional Analysis:
North America, Europe, Asia-Pacific (APAC), and the Rest-of-the-World (RoW) are the four
major regions that have been included in the global smart smoke detector market report made
by MRFR. This report aims at having a significant impact on the analysis of the global growth
zones that can inspire prospect for the market.
North America, with its sound technology and burgeoning construction industry, is dominating
the sector and will continue to do so during the forecast period. The easy integration of IoT in
residential sector is further improving the market possibilities. Europe is the second largest
market in terms of revenues, whereas, the APAC is anticipated to clock the fastest growth rate
during the forecast period. With countries like China, Japan, Singapore, India, and South Korea,

3. the region would gain much mileage in smart home technologies which would subsequently,
influence smart smoke detector market growth.
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detector-market-6957
Major Highlights of TOC Covers:
1) Executive outline
2) Key Business Trends
3) Regional Trends and Growth
4) Definition and Forecast Parameters
5) Smart smoke detector Market Segmentation
6) Smart smoke detector Market Landscape
7) Company Profiles
8) Business Outline
9) Strategic Outlook
10) SWOT Analysis
11) Country Smart smoke detector Market Share
12) Revenue and Sales Forecast
Continue…
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