Global Residential Smoke Alarm Market Scope and Forecast 2021-2028: Increasing Stringent Regulations by Government and Implementation of Residential Safety Standards – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global Residential Smoke Alarm Market Size By Power Source, By Application, By Geographic Scope And Forecast” report has been added to ResearchAndMarkets.com’s offering.

The Residential Smoke Alarm Market was valued at USD 447.82 Million in 2020 and is projected to reach USD 980.59 Million by 2028, growing at a CAGR of 10.61% from 2021 to 2028.

The Residential Smoke Alarm (Smoke Detector) Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Residential Smoke Alarm (Smoke Detector) Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

This report provides an all-inclusive environment of the analysis for the Residential Smoke Alarm Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Residential Smoke Alarm (Smoke Detector) Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Residential Smoke Alarm (Smoke Detector) Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Residential Smoke Alarm (Smoke Detector) Market.

The Global Residential Smoke Alarm Market is segmented on the basis of Power Source, Application, and Geography.

The report will provide a valuable insight with an emphasis on the global market including some of the major players such as Honeywell, BRK, X-SENSE, Kidde, Google, Ei Electronics, Sprue Aegis, Smartwares, Hekatron, and Busch-jaeger.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Market Outlook

4.1 Global Residential Smoke Alarm (Smoke Detector) Market Outlook

4.2 Market Drivers

4.2.1 Increasing Stringent Regulations by Government and Other Organizations, and Implementation of Residential Safety Standards

4.2.2 Increasing Awareness About Fire Safety Minimizes Deaths & Loss of Properties

4.3 Restraints

4.3.1 Complications in Installation of the Smoke Alarms

4.3.2 High Cost of Installation and Replacement Residential Smoke Alarms

4.4 Opportunities

4.4.1 Increase in Urbanization and Building Smart Cities

4.4.2 Rapid Development in Technology

4.5 Impact of Covid-19 on Residential Smoke Alarm (Smoke Detector) Market

5 Market, by Power Source

6 Market, by Application

7 Market, by Geography

8 Competitive Landscape

9 Company Profiles

• Honeywell
• BRK
• X-SENSE
• Kidde
• Google
• Ei Electronics
• Sprue Aegis
• Smartwares
• Hekatron
• Busch-jaeger

For more information about this report visit https://www.researchandmarkets.com/r/tfugem

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