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Global Smoke Detectors Market is Expected to Reach $2,602 Million by 2023PORTLAND, Oregon and PUNE, India, May 17, 2018 /PRNewswire/ -- According to a new report published by Allied Market Research, titled, "Smoke Detectors Market by Product, End-user Industry, and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023", the global smoke detectors market was valued at from $1,594 million in 2017, and is expected to reach $2,602 million by 2023, registering a CAGR of 8.5% from 2017 to 2023. Asia-Pacific is expected to exhibit the highest growth, owing to the growth in potential startups, consumers disposable income, increase in urbanization & industrialization, along with rise in investments in infrastructure. (Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg ) The demand for global smoke detectors market is expected to grow, owing to its ability to provide fire protection measures with the increase in infrastructural development such as hotels, residential, corporate buildings, educational institution, and others. Moreover, surge in number of fire accidents contributes to the growth in demand for smoke detectors market. Moreover, rise in industries, such as food & beverage, industrial & automotive, and electronic, is expected to drive the growth of the market due to several applications. However, the complications associated with installation of smoke detectors is expected to restrain the growth of the market. Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/2536
Key Findings of the Smoke Detectors Market:
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2536 The key players operating in the global smoke detectors market are Vintex Fire Protection, Hochiki Corporation, Honeywell International, United Technologies Corporation, Tyco, Siemens AG, Johnson Control, Robert Bosch, NEC Corporation, and Nest labs. Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas. About Us Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact: Web: https://www.alliedmarketresearch.com |