Research and Markets - Global Commercial Smoke Detector Market to Grow 4% by 2020 - Key Vendors are Honeywell, Siemens & Tyco

DUBLIN, Nov 28, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Commercial Smoke Detector Market 2016-2020" report to their offering.

The report forecasts the global commercial smoke detector market to grow at a CAGR of 4.7% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One of latest trends in the market is integration of smoke detectors with building systems. Smoke detectors are being increasingly integrated with global building systems. The integration yields various operational and economic benefits. Some of the benefits include reduced cost of the overall systems, decreased energy use, and enhanced communication during emergency situations. The smoke detector industry is setting basic standards for dependability of smoke detection systems with other building systems. Various safety standards are being set to prevent any human error that may cause disconnection of smoke detectors. Systems are being developed to prioritize smoke detection systems in case of heavy protocol traffic in the building systems. Vendors like Honeywell provide customized integration-based solutions for safety systems. Honeywell's EBI integrates life safety solutions with other building management systems that allow the user to not only maintain more cost-effective control over increasingly complex facilities but also respond faster and more effectively to emergencies.

According to the report, one of the primary drivers in the market is increased investment and growth in construction industry. Development in the construction industry gives a significant boost to the global commercial smoke detector market. Construction activities in the commercial sector have increased the demand for smoke detectors as they improve building safety, thus generating high revenue for the global commercial smoke detector market. Stringent codes and standards imposed for commercial buildings, and growing awareness about fire safety have enabled manufacturers of smoke detectors to increase their market foothold.

Key vendors:

• Apollo Fire Detectors
• Gentex
• Honeywell
• Siemens
• Tyco
  

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: Market segmentation by sensor type

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Market challenges

Part 10: Impact of drivers and challenges

Part 11: Market trends

Part 12: Vendor landscape

Part 13: Key vendor analysis

Part 14: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/7z77kp/global_commercial

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