KEY FINDINGS
The Asia-Pacific smoke detectors market is set to register a CAGR of 9.35% during the forecast period, 2023-2032. The stringent fire & safety legislation in certain Asian countries has boosted the demand for smoke detectors. At the same time, the inadequate home safety standards and expensive smoke detectors hinder the market growth.
MARKET INSIGHTS
The Asia-Pacific smoke detectors market growth analysis includes the assessment of Vietnam, Thailand, Indonesia, Japan, India, South Korea, China, Australia & New Zealand, and Rest of Asia-Pacific. In Japan, only some homes like large-scale apartment complexes were initially obligated to install residential fire alarms. At present, the residential fire alarm installations are necessitated in every home. Also, in 2019, more than 37,700 fire events were recorded. In addition, there were around 10,060 thousand home fires. Besides, in the same year, accidental home fires resulted in 899 deaths. Such incidences have increased household safety awareness, raising the demand for smoke detectors. Moreover, the growing residential constructions contribute to growth opportunities.
In India, fire is the third most serious threat to company continuity and operations, as per the India Risk Survey (IRS). Also, as per the National Crimes Records Bureau (NCRB), on the basis of the 12,478 deaths in 2018, 35 Indians die in fires every day. Additionally, fire incidents in residential buildings accounted for around 57% of the 11,037 fire accidents. The increased fire safety awareness has raised the demand for smoke detectors. Besides, given the steady demand for housing and the favorable government policies, residential buildings are estimated to project significant growth, offering growth opportunities for the market analyzed.
COMPETITIVE INSIGHTS
Some of the leading companies in the market include Johnson Controls International, Honeywell International Inc, Protec Fire & Security Group Ltd, Huawei Technologies Co Ltd, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Asia-Pacific Smoke Detectors Market Forecast 2023-2032
Table Of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Methodology
1.3. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
2.3. Scope Of Study
2.4. Crisis Scenario Analysis
2.5. Major Market Findings
2.5.1. Emergence Of Smart Smoke Detectors
2.5.2. Integration Of Advanced Technologies In Smoke Detectors
3. Market Dynamics
3.1. Key Drivers
3.1.1. Increasing Fire Safety Concerns
3.1.2. Growing Awareness About Smoke Detectors' Benefits
3.1.3. Rising Fire Incidences
3.2. Key Restraints
3.2.1. Expensive Smart Smoke Detectors
3.2.2. Disadvantages Of Smoke Detectors
4. Key Analytics
4.1. Key Market Trends
4.2. Porter's Five Forces Analysis
4.2.1. Buyers Power
4.2.2. Suppliers Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Growth Prospect Mapping
4.4. Market Maturity Analysis
4.5. Market Concentration Analysis
5. Market By Product Type
5.1. Photoelectric
5.2. Ionization
5.3. Dual Sensor
5.4. Other Product Types
6. Market By Power Source
6.1. Hardwired Smoke Detectors
6.2. Battery-Powered Smoke Detectors
6.3. Other Power Sources
7. Market By End-User
7.1. Commercial
7.2. Manufacturing
7.3. Telecommunication
7.4. Residential
7.5. Automotive
7.6. Oil & Gas
7.7. Other End-Users
8. Geographical Analysis
8.1. Asia-Pacific
8.1.1. Market Size & Estimates
8.1.2. Asia-Pacific Smoke Detectors Market Drivers
8.1.3. Asia-Pacific Smoke Detectors Market Challenges
8.1.4. Key Players In Asia-Pacific Smoke Detectors Market
8.1.5. Country Analysis
8.1.5.1. China
8.1.5.1.1. China Smoke Detectors Market Size & Opportunities
8.1.5.2. Japan
8.1.5.2.1. Japan Smoke Detectors Market Size & Opportunities
8.1.5.3. India
8.1.5.3.1. India Smoke Detectors Market Size & Opportunities
8.1.5.4. South Korea
8.1.5.4.1. South Korea Smoke Detectors Market Size & Opportunities
8.1.5.5. Indonesia
8.1.5.5.1. Indonesia Smoke Detectors Market Size & Opportunities
8.1.5.6. Thailand
8.1.5.6.1. Thailand Smoke Detectors Market Size & Opportunities
8.1.5.7. Vietnam
8.1.5.7.1. Vietnam Smoke Detectors Market Size & Opportunities
8.1.5.8. Australia & New Zealand
8.1.5.8.1. Australia & New Zealand Smoke Detectors Market Size & Opportunities
8.1.5.9. Rest Of Asia-Pacific
8.1.5.9.1. Rest Of Asia-Pacific Smoke Detectors Market Size & Opportunities
9. Competitive Landscape
9.1. Key Strategic Developments
9.1.1. Acquisitions
9.1.2. Divestitures
9.2. Company Profiles
9.2.1. Abb Limited
9.2.1.1. Company Overview
9.2.1.2. Products / Services List
9.2.1.3. Strengths & Challenges
9.2.2. Brk Brands Inc (Acquired By Resideo Technologies Inc)
9.2.2.1. Company Overview
9.2.2.2. Products / Services List
9.2.2.3. Strengths & Challenges
9.2.3. Carrier Global Corporation
9.2.3.1. Company Overview
9.2.3.2. Products / Services List
9.2.3.3. Strengths & Challenges
9.2.4. Ceasefire Industries Pvt Ltd
9.2.4.1. Company Overview
9.2.4.2. Products / Services List
9.2.4.3. Strengths & Challenges
9.2.5. Google Nest (Google)
9.2.5.1. Company Overview
9.2.5.2. Products / Services List
9.2.5.3. Strengths & Challenges
9.2.6. Hochiki Corporation
9.2.6.1. Company Overview
9.2.6.2. Products / Services List
9.2.6.3. Strengths & Challenges
9.2.7. Honeywell International Inc
9.2.7.1. Company Overview
9.2.7.2. Products / Services List
9.2.7.3. Strengths & Challenges
9.2.8. Huawei Technologies Co Ltd
9.2.8.1. Company Overview
9.2.8.2. Products / Services List
9.2.8.3. Strengths & Challenges
9.2.9. Johnson Controls International Plc
9.2.9.1. Company Overview
9.2.9.2. Products / Services List
9.2.9.3. Strengths & Challenges
9.2.10. Protec Fire And Security Group Ltd
9.2.10.1. Company Overview
9.2.10.2. Products / Services List
9.2.10.3. Strengths & Challenges
9.2.11. Robert Bosch Gmbh
9.2.11.1. Company Overview
9.2.11.2. Products / Services List
9.2.11.3. Strengths & Challenges
9.2.12. Schneider Electric
9.2.12.1. Company Overview
9.2.12.2. Products / Services List
9.2.12.3. Strengths & Challenges
9.2.13. Secom Co Ltd
9.2.13.1. Company Overview
9.2.13.2. Products / Services List
9.2.13.3. Strengths & Challenges
9.2.14. Siemens Ag
9.2.14.1. Company Overview
9.2.14.2. Products / Services List
9.2.14.3. Strengths & Challenges
List Of Tables
Table 1: Market Snapshot - Smoke Detectors
Table 2: Fire Death Rate By Country (Per 100,000)
Table 3: Asia-Pacific Smoke Detectors Market, By Product Type, Historical Years, 2018-2022 (In $ Million)
Table 4: Asia-Pacific Smoke Detectors Market, By Product Type, Forecast Years, 2023-2032 (In $ Million)
Table 5: Asia-Pacific Smoke Detectors Market, By Power Source, Historical Years, 2018-2022 (In $ Million)
Table 6: Asia-Pacific Smoke Detectors Market, By Power Source, Forecast Years, 2023-2032 (In $ Million)
Table 7: Asia-Pacific Smoke Detectors Market, By End-User, Historical Years, 2018-2022 (In $ Million)
Table 8: Asia-Pacific Smoke Detectors Market, By End-User, Forecast Years, 2023-2032 (In $ Million)
Table 9: Asia-Pacific Smoke Detectors Market, By Country, Historical Years, 2018-2022 (In $ Million)
Table 10: Asia-Pacific Smoke Detectors Market, By Country, Forecast Years, 2023-2032 (In $ Million)
Table 11: Key Players Operating In Asia-Pacific Smoke Detectors Market
Table 12: List Of Acquisitions
Table 13: List Of Divestitures
List Of Figures
Figure 1: Key Market Trends
Figure 2: Porter's Five Forces Analysis
Figure 3: Growth Prospect Mapping
Figure 4: Market Maturity Analysis
Figure 5: Market Concentration Analysis
Figure 6: Asia-Pacific Smoke Detectors Market, Growth Potential, By Product Type, In 2022
Figure 7: Asia-Pacific Smoke Detectors Market, By Photoelectric, 2023-2032 (In $ Million)
Figure 8: Asia-Pacific Smoke Detectors Market, By Ionization, 2023-2032 (In $ Million)
Figure 9: Asia-Pacific Smoke Detectors Market, By Dual Sensor, 2023-2032 (In $ Million)
Figure 10: Asia-Pacific Smoke Detectors Market, By Other Product Types, 2023-2032 (In $ Million)
Figure 11: Asia-Pacific Smoke Detectors Market, Growth Potential, By Power Source, In 2022
Figure 12: Asia-Pacific Smoke Detectors Market, By Hardwired Smoke Detectors, 2023-2032 (In $ Million)
Figure 13: Asia-Pacific Smoke Detectors Market, By Battery-Powered Smoke Detectors, 2023-2032 (In $ Million)
Figure 14: Asia-Pacific Smoke Detectors Market, By Other Power Sources, 2023-2032 (In $ Million)
Figure 15: Asia-Pacific Smoke Detectors Market, Growth Potential, By End-User, In 2022
Figure 16: Asia-Pacific Smoke Detectors Market, By Commercial, 2023-2032 (In $ Million)
Figure 17: Asia-Pacific Smoke Detectors Market, By Manufacturing, 2023-2032 (In $ Million)
Figure 18: Asia-Pacific Smoke Detectors Market, By Telecommunication, 2023-2032 (In $ Million)
Figure 19: Asia-Pacific Smoke Detectors Market, By Residential, 2023-2032 (In $ Million)
Figure 20: Asia-Pacific Smoke Detectors Market, By Automotive, 2023-2032 (In $ Million)
Figure 21: Asia-Pacific Smoke Detectors Market, By Oil & Gas, 2023-2032 (In $ Million)
Figure 22: Asia-Pacific Smoke Detectors Market, By Other End-Users, 2023-2032 (In $ Million)
Figure 23: Asia-Pacific Smoke Detectors Market, Country Outlook, 2022 & 2032 (In%)
Figure 24: China Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 25: Japan Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 26: India Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 27: South Korea Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 28: Indonesia Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 29: Thailand Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 30: Vietnam Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 31: Australia & New Zealand Smoke Detectors Market, 2023-2032 (In $ Million)
Figure 32: Rest Of Asia-Pacific Smoke Detectors Market, 2023-2032 (In $ Million)
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