A smoke detector can detect a fire break out and prevent it from spreading by enabling security measures. Smoke detectors are connected to alarm systems, which emit a high-pitched alarm tone to warn residents of potential danger, thus, preventing accidents. Smart smoke detectors are enabled with Bluetooth and Wi-Fi and can be operated by using an app on a smartphone.
Technavio’s analysts forecast the global residential smart smoke detectors market to grow at a CAGR of 39.07% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global residential smart smoke detectors market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Residential Smart Smoke Detectors 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.
Market driver - Connected feature offering premium feature advantage to product offerings thereby enabling premium pricing. - For a full, detailed list, view our report
Market challenge - Higher price compared to conventional smoke detectors and price wars among existing vendors. - For a full, detailed list, view our report
Market trend - Hard-wired power option for battery-operated smart smoke detectors, and integration with the other installed smoke detectors. - For a full, detailed list, view our report
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 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?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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