Reducing false alarms with digital and IoT enabled sensors

The global smoke alarms market was valued at US$ 1,833.3 Million in 2019 and is expected to surpass US$ 3,315.4 Million by 2027, registering a CAGR of 8.5 percent during the forecast period published by Coherent Market Insights. 

The wireless smoke alarms are expected to have an increase in demand by almost 9.4 percent in the forecast year. Wireless interconnected smoke alarms detect and trigger alarms in all units in a connection by using radio frequency signals instead of cables. Companies such as Kidde, X-Sense, and BRK Brands, Inc. have launched wireless interconnected smoke alarms. In August 2020, X-Sense launched XS01-WR wireless interconnected smoke alarm with features such as location alert, replaceable lithium batteries and the ability to interconnect up to 24 units of compatible models. A false alarm is a major concern in the global smoke alarm market. Therefore, the market is focusing on various technologies in order to prevent a false alarm. Adoption of latest technologies like advanced smoke detection sensors, IoT-enabled smoke alarms, cameras, and IR sensors to provide accurate results among the others, is expected to minimise the chances of false alarm and provide lucrative growth opportunities to the market players.

Furthermore, a combination of machine learning and IoT-enabled smart smoke alarm devices can reduce the chances of false alarms drastically. IoT enables devices to provide real-time data and this data can be surrounding temperature, real-time captured thermal images, and others. The data can be further analysed to provide accurate results. Continuous adoption of complex data based on the variable parameters can increase the performance of the machine and reduce the chances of failure in the long run. Furthermore, this analysed data also help in the preventive maintenance of the equipment. Few key players in the market are offering advanced smoke alarms. For instance, Google Nest, a US-based home IoT device manufacturing company, is offering Nest Protect: 2nd Gen Smoke + CO Alarm solution equipped with advanced technologies such as AI, Machine learning and others.

Global Smoke Alarms Market – Impact of Coronavirus (Covid-19) Pandemic

COVID-19 pandemic adversely affected various businesses across the globe including consumer electronics, manufacturing, transportation, and others. According to Worldwide Market Report’s analysis, the impact of the coronavirus (COVID-19) pandemic on the global smoke alarms market is moderate. Governments in various countries across the globe such as India, Spain, and Italy had imposed nationwide lockdown to prevent the spread of the COVID-19 virus. For instance, India had imposed a lockdown from March 25 to May 1 until further notice. Lockdown resulted in the shortage of workers at ports. Due to manpower shortage, the ports are struggling to move the cargoes, which effected the supply chain for smoke alarms. Moreover, there is also a shortage of transportation such as trucks and trains, which negatively affected the global smoke alarms market.

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• A smart smoke alarm is the latest trend in the global smoke alarm market. A smart smoke alarm is an advanced version of smoke alarm which can detect smoke and alert user over the smart devices such as smartphones, laptops, tablets and others using cellular connectivity or Wi-Fi.
• Asia Pacific is expected to show significant growth over the forecast period, owing to the increasing usage of smoke alarms for public safety and security in the region. The smoke alarms are used in various commercial buildings such as shopping malls, office buildings, medical complexes, hotels, banks, and stadiums among other commercial spaces. Also, in the commercial sector, photoelectric commercial smoke alarm, ionization commercial smoke alarm dual sensor commercial smoke alarm, are used to alert about the risk of smoke.
• North America held a dominant position in the global smoke alarms market in 2019 and is expected to retain its dominance throughout the forecast period. This is attributed to increasing awareness about fire safety among consumers is fueling the growth of the global smoke alarm market. Guidelines published by the U.S. Consumer Product Safety Commission (CPSC) recommend placing working smoke alarms on every level of the home, outside sleeping areas, and inside bedrooms. These guidelines also encourage residents to replace batteries annually and test smoke alarms monthly.
• Among Type, the Photoelectric Smoke Alarm segment held a dominant position in the market in 2019 and is expected to retain its dominance during the forecast period. Photoelectric smoke alarms consist of a light-emitting diode and a light-sensitive sensor, which are located in a sensing chamber. These alarms aim at a light source into a sensing chamber at an angle away from the sensor so that smoke enters the chamber, reflecting light onto the light sensor, which ultimately triggers the alarm. Photoelectric alarms respond 15 to 50 minutes faster to the fire hat begin with a long period of smoldering (the stage before the smoke breaks into flame) than ionization alarm. These alarms detect the smoke in smoldering and flaming stages of fire.
• Major players operating in the global smoke alarms market include Panasonic Corporation, Halma plc, Hochiki Corporation, Honeywell International, Inc., Johnson Controls, Robert Bosch GMBH, Siemens AG, TYCO International plc, United Technologies Corporation (UTC), Kidde, X-Sense Innovations Co., BRK Brands, Inc., Nest Labs, Smartwares, Universal Security Instruments, Inc., Busch-Jaeger, EI Electronics, and Hekatron Vertriebs GmbH.

For more information, visit: www.coherentmarketinsights.com