North America Smoke Detector Market Size & Outlook
The smoke detector market in North America is expected to reach a projected revenue of US$ 975.1 million by 2030. A compound annual growth rate of 7.7% is expected of North America smoke detector market from 2024 to 2030.
Revenue, 2023 (US$M)
$581.7
Forecast, 2030 (US$M)
$975.1
CAGR, 2024 - 2030
7.7%
Report Coverage
North America
North America smoke detector market, 2018-2030 (US$M)
North America smoke detector market highlights
- An overview of the North America smoke detector market trends heading towards 2030. The North America market generated a revenue of USD 581.7 million in 2023.
- The overall growth of the North America market from 2023 to 2030. The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- A look at the North America market revenues per segment in 2023. In terms of segment, photoelectric was the largest revenue generating technology 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.
North America data book summary
| Market revenue in 2023 | USD 581.7 million |
| Market revenue in 2030 | USD 975.1 million |
| Growth rate | 7.7% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 31.0% 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 |
|---|
North America smoke detector market
Related regional statistics
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