Asia-Pacific Residential Smoke Detectors Market To Witness Significant Growth Due To Increasing Usage Of Equipment Till 2017

Asia-Pacific Residential Smoke Detectors market competition by top manufacturers/players, with Residential Smoke Detectors sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including: Kidde, Honeywell, BRK.

Residential smoke detectors market in Asia Pacific (APAC) is expected to exhibit rapid growth during the forecast period (from 2017 to 2022). A smoke detector is a device that senses smoke and is placed in plastic cases shaped like disks. These devices are largely used in residential and commercial buildings to alert people in case of fire.

Asia Pacific is one of the promising regions for the smoke detector market due to increasing adoption in homes as well as offices. Rapid urbanization along with infrastructure development in the region is expected to boost demand for residential smoke detectors in future. In addition, rising renovation and new construction activities in developing nations such as India and China are anticipated to augment demand, thereby boosting the APAC market.

Increased adoption level of connected devices, wearable devices, smartphones, and tablets among individuals and companies in APAC is estimated to favor the development of the residential smoke detectors market in the region. This can be attributed to rising popularity of smart homes in various developing nations such as China and India, which makes room for adoption of smart smoke detectors. Builders in these developing regions are also installing these detectors in residential constructions due to safety and security concerns. This is also projected to fuel market growth over the next few years.

Kidde, one of the top manufacturers of residential fire safety devices, displayed its latest intelligent wireless technology along with a new smartphone notification system at the International Consumer Electronics Show (CES) 2017. Designed for easy setup, the new smoke and combination alarms are touted to provide wireless interconnection to allows sensors throughout the building to communicate with each other.

The company offers six models, which include a smoke alarm, a smoke alarm with an ultra-bright LED escape light, and a smoke and carbon monoxide (CO) combination alarm. All these models will have a 10-year, sealed-in battery, which eliminates the need for battery replacement. In case of an alarm, high-quality sound alerts along with color-coded LED lights in these alarm systems can communicate the hazard type.

The APAC market for residential smoke detectors is categorized as per product type, application or end user, and region. Based on product type, the market is segmented into photoelectric smoke detector, ionization smoke detector, and others. Based on end user, the market is categorized into residential, commercial, and industrial.

Based on region, the market is divided into Southeast Asia, Taiwan, Japan, China, South Korea, India, and Australia. The China region held the largest industry share in the past . Japan is projected to be a promising region for the residential smoke detectors market. India is expected to lead the ionization smoke detectors segment over the next few years.

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Major companies operating in the residential smoke detectors market in APAC include Universal Security Instruments, Inc.; Honeywell International Inc.; Hochiki Asia Pacific Pte. Ltd.; Xtralis Pty. Ltd.; Siemens AG; and System Sensor. These key players focus on providing high-quality smoke detecting devices with several additional innovative features to enhance product performance. These companies are also actively involved in various research and development activities to strengthen their industry position.

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