Latin America Smoke Detector Market Size & Outlook
The smoke detector market in Latin America is expected to reach a projected revenue of US$ 224.3 million by 2030. A compound annual growth rate of 7.5% is expected of Latin America smoke detector market from 2024 to 2030.
Revenue, 2023 (US$M)
$134.8
Forecast, 2030 (US$M)
$224.3
CAGR, 2024 - 2030
7.5%
Report Coverage
Latin America
Latin America smoke detector market, 2018-2030 (US$M)
Latin America smoke detector market highlights
- An overview of the Latin America smoke detector market trends heading towards 2030. The Latin America market generated a revenue of USD 134.8 million in 2023.
- The overall growth of the Latin America market from 2023 to 2030. The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- A look at the Latin America market revenues per segment in 2023. In terms of segment, dual sensors was the largest revenue generating technology in 2023.
- The segment witnessing the fastest revenue growth within the market. Dual sensors is the most lucrative technology segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 134.8 million |
| Market revenue in 2030 | USD 224.3 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Dual sensors |
| Fastest growing segment | Dual sensors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dual sensors |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global smoke detector market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 952.4 million by 2030.
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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 |
|---|
Latin America smoke detector market
Related regional statistics
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