Global Smoke Detector Market Size & Outlook, 2023-2030
The smoke detector industry worldwide is expected to reach a projected revenue of US$ 3,250.4 million by 2030. A compound annual growth rate of 8.2% is expected of the worldwide smoke detector industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,877.7
Forecast, 2030 (US$M)
$3,250.4
CAGR, 2024 - 2030
8.2%
Report Coverage
Worldwide
Global smoke detector market, 2018-2030 (US$M)
Global smoke detector market highlights
- An overview of the global smoke detector market trends heading towards 2030. The global market generated a revenue of USD 1,877.7 million in 2023 and is expected to reach USD 3,250.4 million by 2030.
- The overall growth of the global market from 2023 to 2030. The market is expected to grow at a CAGR (2024 - 2030) of 8.2% to attain a revenue of USD 3,250.4 million by 2030.
- A look at the global market revenues per segment in 2023. In terms of segment, photoelectric accounted for a revenue of USD 1,742.9 million in 2023.
- The segment witnessing the fastest revenue growth within the market. Photoelectric is the most lucrative technology segment registering the fastest growth during the forecast period.
- An overview of global market per region and country. In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 1,877.7 million |
| Market revenue in 2030 | USD 3,250.4 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Photoelectric |
| Fastest growing segment | Photoelectric |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Photoelectric, Dual sensors |
Other key industry trends
- In terms of revenue, the North America accounted for 31.0% of the global smoke detector market in 2023.
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Smoke Detector Market Scope
Smoke detector market segmentation & scope
End Use
Commercial
Industrial
Residential
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
China
India
Japan
Australia
South Korea
Brazil
South Africa
Smoke Detector Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smoke detector market size, by regions, 2018-2030 (US$M)
Related regional statistics
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