DUBLIN, May 19, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Residential Smoke Detector Market in the US 2016-2020" report to their offering.
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The residential smoke detector market in the US is expected to grow at a CAGR of 7.02% during the period 2016-2020.
The market is divided into the following segments based on senor type:
- Dual sensors
The smoke detectors are being increasingly integrated with residential building systems. The integration of smoke detectors with building systems yield various operational and economic benefits. Some of the benefits are reduced cost of the overall systems, decreased energy usage, and enhanced communication during emergency situations.
According to the report, the US construction market is experiencing significant growth in its residential construction segment. The rise in residential construction projects is one of the key factors driving the demand of residential smoke detectors in the country. The growth in the US construction market is projected to pick up during the forecast period.
Further, the report states that the disposal of smoke detectors is governed by various regulations and requirements. Smoke detectors that contain radioactive material should have a warning label on its body. The activity of the radioactive material present in the smoke detector and the type of radiation that it emits determine the health hazards posed by the device. Thus, the ambiguity in the methodology of disposal of smoke detectors is one of the major challenges faced by vendors in the market.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Honeywell Security Group
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Statistics
PART 07: Market segmentation by product type
PART 08: Segmentation by power source
PART 09: Segmentation by type of residential building
PART 10: Key leading states
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
PART 17: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/dqkqft/residential_smoke
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SOURCE Research and Markets