Smoke Detector Market: A Complete Guide for Investors and Researchers

April 17, 2023 1 Min read Views 88 NEWS

The global smoke detector market size was USD 2.12 billion in 2021 and is expected to register a revenue CAGR of 8.7% during the forecast period, according to latest analysis by Emergen Research. Market revenue growth is primarily driven by factors such as increase in building fire accidents, rising demand for fire alarm and detection systems in public and private buildings, stringent government regulations requiring installation of fire detection and alarm systems in infrastructure projects, and quick development of sensor technology.

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