London, 13 August 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Residential Smoke Detector Market in the US 2014-2018, which is expected to post a CAGR of 3.24 percent during the period 2013-2018.
A smoke detector is a device that senses smoke as an indication of a possible fire, providing commercial and residential security. These detectors are connected to an alarm system, which emits a high-pitched audio tone to warn residents in case of fire.
Key Market Drivers
- Increase in Fire-related Injuries and Fatalities
- Government Support
- Increase in Average Disposable Income
- Booming Residential Construction Market
Key Market Trends
- Early Warning Smoke Detectors
- Voice Message Smoke Detectors
- Smartphone-connected Smoke Detectors
- High Sensitivity Smoke Detection
Key Vendors
- Honeywell Security Group
- Siemens AG
- Tyco International Ltd.
“The development of innovative smoke detectors such as AIR-Intelligence by Kidde Fire Systems could dominate the market during the forecast period,” says Faisal Ghaus, Vice President of TechNavio.
“These detectors adapt their sensitivity to the environment in which they operate and the alarm threshold varies in accordance with the background particle levels while keeping the performance constant.”
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
