Europe Smoke Detectors Market Report 2022-2028: Increase in Fires and Focus on Fire Safety Measures Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–Report “Europe Smoke Detector Market 2022-2028” has been added to from ResearchAndMarkets.com offer.

MARKET OUTLOOK

The publisher’s study of the Europe Smoke Detectors Market estimates that it is expected to grow at a CAGR of 8.17% over the forecast years between 2022 and 2028. France, Germany, Italy, the UK, Spain and the rest of Europe together shape the market in this region.

In the UK, more than 200 people are killed each year due to fires. Nearly 37,000 home fires are reported each year in the country, the majority of which result from the misuse of electrical equipment, especially cooking appliances. Additionally, compared to other high-income countries, the UK has one of the highest fire and flame related death rates among children aged 0-14.

In 2020, nearly 490,500 structural fires occurred, causing nearly 2,730 civilian deaths, approximately 13,000 civilian injuries, and direct property damage amounting to $12.1 billion. The increase in cases of fires has underscored the need for smoke detectors across the country. This is expected to drive the growth of the smoke detector market in the coming years.

The construction sector in Poland is booming, with the boom in its residential and industrial sectors. A sharp rise in inflation is one of the main factors behind this boom in the country’s residential sector as consumers choose to invest their money in buying property. The growth of the residential construction industry is expected to influence the demand for the use of smoke detectors in homes, thanks to the growing public awareness and the increase in fires. This is expected to drive the growth of the market studied in the rest of Europe.

Market dynamics

Market factors

  • Increase in fires

  • Increased focus on fire safety measures

  • Growing awareness of the benefits of smoke detectors

Market challenges

  • Expensive smart smoke detectors

  • Disadvantages of smoke detectors

Market opportunities

  • Growing Acceptance of Smart Smoke Detectors

  • Use of laser smoke detectors for early fire detection

Main topics covered:

1. Europe Smoke Detectors Market – Summary

2. Industry Outlook

3. Europe Smoke Detectors Market Outlook – By Type

4. Europe Smoke Detectors Market Outlook – By Power Source

5. Europe Smoke Detectors Market Outlook – By End User

6. Europe Smoke Detectors Market- Outlook by Country

7. Competitive landscape

8. Research Methodology and Scope

Companies cited

  • Abb Ltd

  • Brands Brk Inc.

  • Global carrier company

  • Ceasefire Industries Pvt Ltd

  • Google Nest (Google)

  • Hochiki Company

  • Honeywell International Inc.

  • Huawei Technologies Co Ltd

  • Johnson Controls International

  • Fire and Security Protec Group Ltd.

  • Robert Bosch GmbH

  • Schneider-Electric

  • Secom Co Ltd

  • Siemens AG

For more information about this report visit https://www.researchandmarkets.com/r/e01n8y

Mary I. Bruner