Manufacturers to develop and market new products to maintain competitive edge
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the smoke detectors market in their latest research report. This report also lists five other prominent vendors who are expected to contribute to this market’s growth between 2016 and 2020.
To identify the top vendors, Technavio’s market research analysts have taken into account the revenue generated from the sales of smoke detectors.
- APAC: This region was the major revenue contributor to the global exhaust pressure sensor market, accounting for a share of around 51% during 2015. The majority share of the revenue comes from countries like China, Japan, and India.
- EMEA: This region was the second largest segment of the market by accounting for a market share of over 27% in 2015.
This Technavio report, which is a part of the engineering tools vertical, is based on the synthesis, analysis, and interpretation of information about the global smoke detectors market collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
“The leaders in the market provide high-quality products with additional features to create product differentiation while local vendors offer less expensive products with only the basic features. The rapidly changing technological environment has an adverse effect on vendors as customers expect continuous innovation and upgrades. The current market scenario is prompting vendors to alter and refine their unique value proposition to strengthen their foothold in the competitive market,” says Anju Ajaykumar, one of Technavio’s key analysts for the Heavy Industry vertical.
The report also presents the vendor landscape and a corresponding detailed analysis of the top vendors in this market.
Top five vendors in the smoke detector market space
BRK
BRK Brands is a fully owned subsidiary of Jarden Corporation, one of the leading providers of niche consumer products. BRK designs and develops innovative safety solutions such as tundra fire extinguishing spray, ONELINK wireless alarms and a comprehensive line of CO alarms, smoke alarms, fire extinguishers, and escape ladders. BRK products are found in more than 30 countries worldwide. BRK offers its products through various brands, including BRK, First Alert, Family Gard, Tundra, and OneLink. BRK partners with schools, fire services professionals, and other community groups to promote prevention and fire safety.
Some key products: Smoke alarm, CO alarm, Smoke/CO combo alarm, Heat alarm, OneLink alarm, and Explosive Gas/CO combo alarm
Honeywell
Incorporated in 1985 and headquartered in New Jersey, US, Honeywell is a diversified technological and manufacturing company, which provides aerospace products and services; turbochargers, control, sensing, and security technologies; electronic and advanced materials; and energy efficient products and solutions for homes, business, and transportation industries worldwide. The company operates three business segments, namely, aerospace, automation and control solutions, and performance materials and technologies. It mainly generates its revenue from the US and Europe regions.
Some key products: 5806W3, 5808LST, 5808W3, and 5193 Series
Kidde
Kidde is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. This is one of the leading manufacturers of fire safety products. It provides advanced solutions to protect people and property from fire and related hazards. Each year, Kidde donates more than 100,000 smoke and CO alarms and fire extinguishers to fire departments and non-profit organizations across the world. The company offers various products and services, such as smoke alarms, CO alarms, combination smoke/CO alarms, escape ladders, auxiliary devices, batteries, fire extinguishers, key security, and remotelync monitor and camera.
Some key products: 10-year battery-powered smoke alarms series, Battery-operated smoke alarms series, and Hardwired AC-operated smoke alarms series
Siemens
Established in 1847 and headquartered in Munich, Germany, Siemens is a Germany-based multinational conglomerate with core activities in the fields of energy, healthcare, industry, and infrastructure sectors. It focuses in the areas of electrification, automation, and digitalization. The company produces energy-efficient and resource-saving technologies. It supplies systems for power generation and transmission and medical diagnosis. In addition, the company specializes in infrastructure and industry solutions. Siemens operates its business through various reportable segments, including energy, healthcare, industry, financial services, real estate, and infrastructure and cities. It has a broad geographical presence across Germany, the Americas, Europe, CIS, Middle East, Africa, Asia, and Australia.
Some key products: Sinteso fire detection system, XC10 fire detection and extinguishing panels, FibroLaser linear heat detection, Cerberus FIT, and Cerberus PRO fire detectors
Tyco
Tyco International plc was created as a result of the July 1997 acquisition of Tyco International Ltd. by ADT. Subsequently, ADT Limited changed its name to Tyco International Ltd. In May 2014, Tyco International Ltd. entered into a merger agreement with Tyco International Plc. and resulted in the creation of a publicly traded parent company. Also, the jurisdiction of the organization of Tyco International Ltd. was changed from Switzerland to Ireland. Tyco designs, manufactures, and markets a wide range of security, fire detection, suppression, and life safety products worldwide. The company operates in over 1,000 locations in 50 countries around the world; it markets in more than 200 countries. The company operates in Argentina, Australia, Chile, Deutschland, India, Malaysia, México, New Zealand, Russia, South Africa, Taiwan, South Africa, Russia, Costa Rica, the US, the UK, and others.
Some key products: Safe area addressable detectors, Safe area conventional detectors, Hazardous area addressable detectors, Hazardous area conventional detectors, and 830/850 series generation 6 detectors
To know more about these vendors and the market, read the Global Smoke Detectors Market report.
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