Video Surveillance Market – Global Forecast & Analysis (2011 – 2016

2012-01-31
Published : Jan-2012

Increasing security concerns and the recent spate in terrorist activities have forced governments around the world to invest in video surveillance technologies for homeland security. This has significantly boosted the growth of the global video surveillance market.

Video surveillance is now migrating towards computer networks, transmitting video by IP protocol, in an Intranet or the Internet. High costs, computer and network configurations required for it currently prevent it from being adopted by smaller users.  However, applications of video surveillance are not restricted to homeland security alone and include the domains of commercial, institutional, infrastructure, industrial (buildings) and residential. Although still primarily limited to institutional sectors (governments, controlling forces, transportation systems and educational institutions), IP video surveillance has surfaced as an irreversible trend for the future.

Video Surveillance Market

This report provides a detailed analysis of the markets for all the components of a video surveillance system, such as video cameras, video analytics, storage, monitors, servers and system management. It includes detailed analysis of application segments and geographical split across the globe. The report’s strategic section sketches the competitive scenario in the video surveillance market.

Scope of the report

This research report classifies the global video surveillance market on the basis of them being used in different products, applications, the components being used to view the manufacture the various cameras and systems and geographical analysis; forecasting revenue, and analyzing trends in the market.

On the basis of product

The product market is segmented into two categories namely: Analog video surveillance system and IP video surveillance system.

On the basis of application

The application market is segmented into industrial applications, institutional applications, residential and commercial applications. The infrastructure application is further classified into energy, highways, streets and bridges, transportation, stadiums, parks and playground. The commercial applications is categorised into office, lodging, retail, healthcare and warehouse non-manufacturing applications. Also, the institutions applications have been categorized into educational buildings, government buildings, religious buildings, amusement park and public recreation.The market trends and future projections for these applications are discussed comprehensively.

On the basis of geography

  • North America
  • Europe
  • Asia-Pacific
  • ROW

Each section will provide market data, market drivers, trends and opportunities, key players, and competitive outlook. It will also provide market tables for covering the sub-segments and micro-markets. In addition, the report provides 25 company profiles covering all the sub-segments.

TABLE OF CONTENTS

1 INTRODUCTION
1.1 KEY TAKE-AWAYS
1.2 REPORT DESCRIPTION
1.3 MARKETS COVERED
1.4 STAKEHOLDERS
1.5 RESEARCH METHODOLOGY

2 EXECUTIVE SUMMARY

3 MARKET OVERVIEW
3.1 EVOLUTION OF VIDEO SURVEILLANCE
3.2 MARKET VALUE CHAIN
3.3 DRIVERS
3.3.1 INCREASED SECURITY NEEDS
3.3.2 DECREASING COST OF EQUIPMENT
3.3.3 NEW MEGAPIXEL SOLUTIONS
3.3.4 INCREASED INVESTMENTS BY THE CENTRAL & STATE GOVERNMENTS
3.4 RESTRAINTS
3.4.1 DATA PROTECTION/PRIVACY
3.4.2 LACK OF STANDARDIZATION
3.4.3 DAMAGE TO HARDWARE AND CAMERAS
3.5 OPPORTUNITIES
3.5.1 INTELLIGENT VIDEO SURVEILLANCE
3.5.2 THERMAL IP CAMERAS
3.5.3 HOSPITALITY AND CASINOS
3.6 BURNING ISSUES
3.6.1 GOVERNMENT & PUBLIC SAFETY
3.6.2 INCREASING NEED FOR STORAGE
3.7 WINNING IMPERATIVES
3.7.1 TECHNOLOGY INNOVATION
3.7.2 CLOUD VIDEO SURVEILLANCE
3.7.3 INTEGRATED SOLUTIONS
3.8 MARKET SHARE ANALYSIS
3.9 PORTER’S FIVE FORCES MODEL
3.9.1 THREAT FROM SUBSTITUTES
3.9.2 BARGAINING POWER OF CUSTOMERS
3.9.3 BARGAINING POWER OF SUPPLIERS
3.9.4 THREAT FROM NEW ENTRANTS
3.9.5 INTENSITY OF RIVALRY

4 VIDEO SURVEILLANCE MARKET, BY PRODUCTS
4.1 INTRODUCTION
4.2 TYPES OF VIDEO SURVEILLANCE SYSTEMS
4.2.1 ANALOG VIDEO SURVEILLANCE SYSTEM
4.2.2 IP VIDEO SURVEILLANCE SYSTEM
4.2.3 MOBILE VIDEO SURVEILLANCE
4.2.4 REMOTE VIDEO SURVEILLANCE (RVS)

5 VIDEO SURVEILLANCE MARKET, BY COMPONENTS
5.1 INTRODUCTION
5.2 CAMERAS
5.2.1 TYPES OF IP CAMERAS
5.3 STORAGE
5.3.1 DIGITAL VIDEO RECORDER (DVR)
5.3.2 NETWORK VIDEO RECORDER (NVR)
5.3.3 IP SAN
5.3.4 OTHERS
5.4 SOFTWARE
5.4.1 VIDEO MANAGEMENT SOFTWARE
5.4.2 VIDEO ANALYTICS
5.5 MONITORS
5.6 SERVERS
5.7 SYSTEM MANAGEMENT

6 VIDEO SURVEILLANCE MARKET, BY APPLICATIONS
6.1 INTRODUCTION
6.2 INFRASTRUCTURE
6.2.1 HIGHWAYS, STREETS AND BRIDGES
6.2.2 ENERGY
6.2.3 TRANSPORTATION
6.2.4 STADIUMS, PARKS AND PLAYGROUND
6.3 COMMERCIAL
6.3.1 OFFICE
6.3.2 LODGING
6.3.3 RETAIL
6.3.4 HEALTHCARE
6.3.5 WAREHOUSE NON-MANUFACTURING
6.4 INSTITUTIONS
6.4.1 EDUCATIONAL BUILDING
6.4.2 RELIGIOUS BUILDING
6.4.3 GOVERNMENT BUILDING
6.4.4 AMUSEMENT PARK
6.4.5 PUBLIC RECREATION
6.5 INDUSTRIAL (BUILDINGS)
6.6 RESIDENTIAL

7 VIDEO SURVEILLANCE MARKET, BY GEOGRAPHY
7.1 INTROUDCTION
7.2 NORTH AMERICA
7.3 EUROPE
7.4 ASIA-PACIFIC
7.5 REST OF THE WORLD (ROW)

8 COMPETATIVE LANDSCAPE
8.1 MARKET SHARE ANALYSIS
8.2 MERGERS & ACQUISITIONS
8.3 COLLABORATIONS/PARTNERSHIPS/ AGREEMENTS/JOINT VENTURES
8.4 NEW PRODUCTS LAUNCHES
8.5 OTHERS

9 COMPANY PROFILES
9.1 ADT SECURITY SERVICES
9.1.1 OVERVIEW
9.1.2 PRIMARY BUSINESS
9.1.3 FINANCIALS
9.1.4 STRATEGY
9.1.5 DEVELOPMENTS
9.2 AGENT VIDEO INTELLIGENCE INC.
9.2.1 OVERVIEW
9.2.2 STRATEGY
9.2.3 DEVELOPMENTS
9.3 ARECONT VISION LLC
9.3.1 OVERVIEW
9.3.2 PRIMARY BUSINESS
9.3.3 FINANCIALS
9.3.4 STRATEGY
.3.5 DEVELOPMENTS
9.4 AXIS COMMUNICATIONS AB
9.4.1 OVERVIEW
9.4.2 PRIMARY BUSINESS
9.4.3 FINANCIALS
9.4.4 STRATEGY
9.4.5 DEVELOPMENTS
9.5 BOSCH SECURITY SYSTEMS
9.5.1 OVERVIEW
9.5.2 PRIMARY BUSINESS
9.5.3 FINANCIALS
9.5.4 STRATEGY
9.5.5 DEVELOPMENTS
9.6 CANON, INC.
9.6.1 OVERVIEW
9.6.2 PRIMARY BUSINESS
9.6.3 FINANCIALS
9.6.4 STRATEGY
9.6.5 DEVELOPMENTS
9.7 CERNIUM CORP.
9.7.1 OVERVIEW
9.7.2 PRIMARY BUSINESS
9.7.3 FINANCIALS
9.7.4 STRATEGY
9.7.5 DEVELOPMENTS
9.8 CISCO SYSTEM INC.
9.8.1 OVERVIEW
9.8.2 PRIMARY BUSINESS
9.8.3 FINANCIALS
9.8.4 STRATEGY
9.8.5 DEVELOPMENTS
9.9 DEDICATED MICROS INC.
9.9.1 OVERVIEW
9.9.2 PRIMARY BUSINESS
9.9.3 FINANCIALS
9.9.4 STRATEGY
9.9.5 DEVELOPMENTS
9.10 ENVYSION, INC.
9.10.1 OVERVIEW
9.10.2 PRIMARY BUSINESS
9.10.3 FINANCIALS
9.10.4 STRATEGY
9.10.5 DEVELOPMENTS
9.11 FIRETIDE, INC.
9.11.1 OVERVIEW
9.11.2 PRIMARY BUSINESS
9.11.3 FINANCIALS
9.11.4 STRATEGY
9.11.5 DEVELOPMENTS
9.12 GENETEC INC.
9.12.1 OVERVIEW
9.12.2 PRIMARY BUSINESS
9.12.3 FINANCIALS
9.12.4 STRATEGY
9.12.5 DEVELOPMENTS
9.13 HONEYWELL INTERNATIONAL INC.
9.13.1 OVERVIEW
9.13.2 PRIMARY BUSINESS
9.13.3 FINANCIALS
9.13.4 STRATEGY
9.13.5 DEVELOPMENTS
9.14 INDIGOVISION GROUP PLC
9.14.1 OVERVIEW
9.14.2 PRIMARY BUSINESS
9.14.3 FINANCIALS
9.14.4 STRATEGY
9.14.5 DEVELOPMENTS
9.15 MARCH NETWORKS CORP
9.15.1 OVERVIEW
9.15.2 PRIMARY BUSINESS
9.15.3 FINANCIALS
9.15.4 STRATEGY
9.15.5 DEVELOPMENTS
9.16 MILESTONE SYSTEMS A/S
9.16.1 OVERVIEW
9.16.2 PRIMARY BUSINESS
9.16.3 FINANCIALS
9.16.4 STRATEGY
9.16.5 DEVELOPMENTS
9.17 MIRASYS LTD
9.17.1 OVERVIEW
9.17.2 PRIMARY BUSINESS
9.17.3 FINANCIALS
9.17.4 STRATEGY
9.17.5 DEVELOPMENTS
9.18 MOBOTIX AG
9.18.1 OVERVIEW
9.18.2 PRIMARY BUSINESS
9.18.3 FINANCIALS
9.18.4 STRATEGY
9.18.5 DEVELOPMENTS
9.19 OBJECTVIDEO, INC.
9.19.1 OVERVIEW
9.19.2 PRIMARY BUSINESS
9.19.3 FINANCIALS
9.19.4 STRATEGY
9.19.5 DEVELOPMENTS
9.20 PANASONIC CORP.
9.20.1 OVERVIEW
9.20.2 PRIMARY BUSINESS
9.20.3 FINANCIALS
9.20.4 STRATEGY
9.20.5 DEVELOPMENTS
9.21 PELCO INC.
9.21.1 OVERVIEW
9.21.2 PRIMARY BUSINESS
9.21.3 FINANCIALS
9.21.4 STRATEGY
9.21.5 DEVELOPMENTS
9.22 PIVOT3 INC.
9.22.1 OVERVIEW
9.22.2 PRIMARY BUSINESS
9.22.3 FINANCIALS
9.22.4 STRATEGY
9.22.5 DEVELOPMENTS
9.23 SMARTVUE CORP.
9.23.1 OVERVIEW
9.23.2 PRIMARY BUSINESS
9.23.3 FINANCIALS
9.23.4 STRATEGY
9.23.5 DEVELOPMENTS
9.24 SURVEON TECHNOLOGY INC.
9.24.1 OVERVIEW
9.24.2 PRIMARY BUSINESS
9.24.3 FINANCIALS
9.24.4 STRATEGY
9.24.5 DEVELOPMENTS
9.25 UNITED TECHNOLOGIES CORP.
9.25.1 OVERVIEW
9.25.2 PRIMARY BUSINESS
9.25.3 FINANCIALS
9.25.4 STRATEGY
9.25.5 DEVELOPMENTS
LIST OF TABLES

TABLE 1 VIDEO SURVEILLANCE MARKET REVENUE, BY COMPONENT, 2011 – 2016 ($BILLION)
TABLE 2 REVENUES OF TOP COMPANIES IN VIDEO SURVEILLANCE, 2011 ($MILLION)
TABLE 3 VIDEO SURVEILLANCE MARKET REVENUE, BY TYPES, 2011 – 2016 ($BILLION)
TABLE 4 ANALOG VIDEO SURVEILLANCE MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 5 IP VIDEO SURVEILLANCE SYSTEM MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 6 COMPARISON BETWEEN WIRED & WIRELESS VIDEO SURVEILLANCE SYSTEM
TABLE 7 CAMERA MARKET REVENUE, BY TYPES, 2011 – 2016 ($BILLION)
TABLE 8 CAMERA MARKET REVENUE, BY FORMS, 2011 – 2016 ($BILLION)
TABLE 9 CAMERA MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 10 CAMERA MARKET REVENUE, BY ENVIRONMENT, 2011 – 2016 ($BILLION)
TABLE 11 CAMERA MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 12 CAMERAS MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 13 CAMERAS MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 14 CAMERAS MARKET REVENUE IN INSTITUTIONS, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 15 CAMERAS MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 16 CAMERAS MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 17 IP CAMERA MARKET REVENUE, BY TYPES, 2011 – 2016 ($BILLION)
TABLE 18 STORAGE MARKET REVENUE, BY TYPES, 2011 – 2016 ($BILLION)
TABLE 19 STORAGE MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 20 STORAGE MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 21 STORAGE MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 22 STORAGE MARKET REVENUE IN INSTITUTION, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 23 STORAGE MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 24 STORAGE MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 25 DIGITAL VIDEO RECORDER MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 26 NETWORK VIDEO RECORDER MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 27 IP SAN MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 28 SOFTWARE MARKET REVENUE, BY TYPES, 2011 – 2016 ($BILLION)
TABLE 29 SOFTWARE MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 30 SOFTWARE MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 31 SOFTWARE MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 32 SOFTWARE MARKET REVENUE ININSTITUTIONS, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 33 SOFTWARE MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 34 SOFTWARE MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 35 VIDEO MANAGEMENT SOFTWARE MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 36 VIDEO ANALYTICS MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 37 MONITORS MARKET REVENUE, BY GEOGRAPHY, 2011– 2016, ($BILLION)
TABLE 38 MONITORS MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 39 MONITORS MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 40 MONITORS MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 41 MONITORS MARKET REVENUE IN INSTITUTIONS, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 42 MONITORS MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 43 MONITORS MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 44 SERVERS MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 45 SERVERS MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 46 SERVERS MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 47 SERVERS MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 48 SERVERS MARKET REVENUE IN INSTITUTIONS, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 49 SERVERS MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 50 SERVERS MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 51 SYSTEM MANAGEMENT MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 52 SYSTEM MANAGEMENT MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 53 SYSTEM MANAGEMENT MARKET REVENUE IN INFRASTRUCTURE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 54 SYSTEM MANAGEMENT MARKET REVENUE IN COMMERCIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 55 SYSTEM MANAGEMENT MARKET REVENUE IN INSTITUTIONS, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 56 SYSTEM MANAGEMENT MARKET REVENUE IN INDUSTRIAL (BUILDINGS), BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 57 SYSTEM MANAGEMENT MARKET REVENUE IN RESIDENTIAL, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 58 VIDEO SURVEILLANCE MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 59 VIDEO SURVEILLANCE MARKET REVENUE, BY BUILDING TYPES, 2011 – 2016 ($BILLION)
TABLE 60 INFRASTRUCTURE MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 61 INFRASTRUCTURE APPLICATION MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 62 COMMERCIAL MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 63 COMMERCIAL APPLICATION MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 64 INSTITUTIONAL MARKET REVENUE, BY APPLICATIONS, 2011 – 2016 ($BILLION)
TABLE 65 INSTITUTIONAL MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 66 INDUSTRIAL (BUILDINGS) APPLICATION MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 67 RESIDENTIAL APPLICATION MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 68 VIDEO SURVEILLANCE MARKET REVENUE, BY GEOGRAPHY, 2011 – 2016 ($BILLION)
TABLE 69 VIDEO SURVEILLANCE MARKET RANKING, 2010
TABLE 70 RANKING OF THE LEADING PLAYERS, BY COMPONENTS
TABLE 71 AXIS COMMUNICATIONS: MARKET REVENUE, BY PRODUCTS, 2009 – 2010 ($MILLION)
TABLE 72 CANON: MARKET REVENUE, BY SEGMENT, 2009 – 2010 ($MILLION)
TABLE 73 CISCO: MARKET REVENUES, BY SEGMENT, 2010 – 2011 ($MILLION)
TABLE 74 HONEYWELL INTERNATIONAL: MARKET REVENUE, BY PRODUCTS & SERVICES, 2009 – 2010 ($MILLION)
TABLE 75 INDIGOVISION GROUP: MARKET REVENUE, BY PRODUCTS & SERVICES, 2010 – 2011 ($MILLION)
TABLE 76 MARCH NETWORKS: MARKET REVENUE, BY PRODUCTS & SERVICES, 2010 – 2011 ($MILLION)
TABLE 77 MOBOTIX: MARKET REVENUE, BY PRODUCT, 2010- 2011 ($MILLION)
TABLE 78 PANASONIC: TOTAL REVENUE, 2010 – 2011 ($MILLION)
TABLE 79 UNITED TECHNOLOGIES CORP: MARKET REVENUE, BY SEGMENT, 2009 – 2010 ($MILLION)
LIST OF FIGURES

FIGURE 1 EVOLUTION OF VIDEO SURVEILLANCE
FIGURE 2 VIDEO SURVEILLANCE MARKET SEGMENTATION
FIGURE 3 IMPACT OF MAJOR DRIVERS ON VIDEO SURVEILLANCE MARKET
FIGURE 4 IMPACT OF MAJOR RESTRAINTS ON VIDEO SURVEILLANCE MARKET
FIGURE 5 MARKET SHARE OF TOP COMPANIES, 2011
FIGURE 6 PORTER’S FIVE FORCES
FIGURE 7 VIDEO SURVEILLANCE MARKET TRENDS
FIGURE 8 ADVANTAGES OF IP VIDEO SURVEILLANCE SYSTEM
FIGURE 9 NORTH AMERICA: MARKET GROWTH RATE, 2011 – 2016 ($BILLION)
FIGURE 10 EUROPE: MARKET GROWTH RATE, 2011 – 2016 ($BILLION)
FIGURE 11 ASIA-PACIFIC: MARKET GROWTH RATE, 2011 – 2016 ($BILLION)
FIGURE 12 ROW: MARKET GROWTH RATE, 2011 – 2016 ($BILLION)

Filed in: Semiconductor & Electronics
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“Smoke Detectors market to grow at a CAGR of 9.6% from 2022 to 2027” The smoke detectors market size is expected to grow from USD 2.3 billion in 2022 to USD 3.4 billion by 2027; it is expected to grow at a CAGR of 8.2% from 2022 to 2027. The key factors driving the growth of the smoke detectors market are rising initiatives and support for smoke detectors from government bodies and rising technological innovations in smoke detectors which provides various advantages to the end-use industries. “Hardwired with battery backup is expected to grow at higher rate from 2022 to 2027” Hardwired with battery backup smoke detectors operate as a substitute for battery-powered smoke detectors. They are efficient and have battery backups for continuous operation. Hardwired photoelectric......
$4950
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