Smart Smoke Detector Market Size, In-depth Analysis Report and Global Forecast to 2027

Market Analysis The smart smoke detector market will touch USD 1,533 million at an 8.2% CAGR between the forecast period 2017- 2023, states the recent Market Research Future (MRFR) analysis. A smart smoke detector, simply put, has four compartments- alarm system, communication system, processing unit, and sensors. The sensor helps to monitor the air in the environment and also detect smoke particles that can cause hazardous situations through the smart smoke alarm. These security systems have wide commercial, industrial, and residential applications. Various factors are propelling the global smart smoke detector market share. According to the recent MRFR market estimates, such factors include growing concerns about fire safety, rising adoption of smart devices, increase in fatal injuries in industrial premises and commercial buildings, the inclination of customers towards smart buildings, and adoption of IoT and connected technologies. Additional factors adding market...