Residential Smoke Detector Market in the US to grow at a CAGR of 7.02% during the period 2016 - 2020; Finds New Report

Report forecast the residential smoke detector market in the US to grow at a CAGR of 7.02% during the period 2016-2020.

Smoke detectors are devices that sense smoke and indicate the same through signals or alarms, thereby enhancing residential and commercial security. Residential smoke detectors aid in identifying the presence of fire and inhibit it from spreading. These detectors are connected to an alarm system that emits a high-pitched sound to warn residents of potential danger, thus preventing accidents. The requirement of smoke detectors vary according to the type of residences. Few residences may require battery-powered detectors, whereas others need interconnected hard-wired detectors.

The report covers the present scenario and the growth prospects of the residential smoke detector market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated by the sales of smoke detectors, including their replacement demand during the forecast period.

The market is divided into the following segments based on senor type:

• Ionization
• Photoelectric
• Dual sensors
• others

According to the report, the US construction market is experiencing significant growth in its residential construction segment. The rise in residential construction projects is one of the key factors driving the demand of residential smoke detectors in the country. The growth in the US construction market is projected to pick up during the forecast period.

Further, the report states that the disposal of smoke detectors is governed by various regulations and requirements. Smoke detectors that contain radioactive material should have a warning label on its body. The activity of the radioactive material present in the smoke detector and the type of radiation that it emits determine the health hazards posed by the device. Thus, the ambiguity in the methodology of disposal of smoke detectors is one of the major challenges faced by vendors in the market.

Residential Smoke Detectors Market in the US 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 Residential Smoke Detectors Market in the US: BRK, Honeywell Security Group, Kidde and Siemens.

Other Prominent Vendors in the market are: Apollo Fire Detectors Ltd, Gentek, Hochiki America, Mircom, System Sensors, USI Electric/Universal and Xtralis.

Market driver

• Rise in residential construction in US
• For a full, detailed list, view our report

Market challenge

• Disposal of smoke detectors
• For a full, detailed list, view our report

Market trend

• Integration of smoke detectors with building systems
• 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 90 pages and 36 Exhibit “Residential Smoke Detector Market in the US 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Statistics, Market segmentation by product type, Segmentation by power source, Segmentation by type of residential building, Key leading states, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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