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Residential Smart Smoke Detectors Market - Drivers and Forecasts

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Update time : 2017-04-28 09:19:30
The global residential smart smoke detectors market is expected to grow at a CAGR of over 39%. The use of smoke detectors in residential buildings is mandatory in many developed countries. Growing smart home adoption in various countries is enabling the demand for residential smart smoke detectors. Due to safety and security concerns, builders in developing countries are also installing these detectors in residential buildings. Therefore, demand from developing countries is growing.

Smart smoke detectors
are highly priced when compared to the normal traditional smoke detectors because of an additionally connected feature to the app. Smart smoke detectors providers such as OneLink, Halo, and Birdi, monitor home for smoke, fire, and carbon monoxide. Some of the smart smoke detectors also warn about oncoming natural disasters and storms.

Poonam Saini, a lead retail goods and services research analyst at Technavio, says, “Smart smoke detectors can be connected to the phone through a Wi-Fi or Bluetooth. It sends alerts directly to mobile when the smoke or CO rises in the home. Additionally, the user can cut down on annoying false alarms that are caused by cooking or steam.”

Technological advances

The advancement in smoke detectors technology is one of the major drivers in the market. Some of the prominent technological advances include individual smoke detector sensitivity adjustment, maintenance-needed indication, and drift compensation. These technology advancements are mainly directed toward reducing nuisance alarms and increase the rate of detection of actual fire.

One of the major areas of technology advances that are expected to significantly impact the adoption of smoke detectors is the advanced signal analysis via software. The technology involves the conversion of sensor signals to mathematical formulas, which are then converted to sophisticated algorithms to differentiate between harmless smoke and emergency fire,” adds Poonam.

Connected fire alarm enabling remote notifications on fire/smoke

Rapid development in smoke detectors technology as well as Internet of Things (IoT) and big data technologies has led to the expansion of smart smoke detectors. These are programmable detectors connected to Wi-Fi. The high connectivity features of smart smoke detectors facilitate easy monitoring of battery status, receive alerts of smoke detection, and control operations through mobile devices from discrete locations.

The application of smart smoke detectors has provided convenience to users, leading to a subsequent reduction in nuisance alarms. Smart smoke detectors can send notifications or fire alerts through SMS or email and also facilitate color-coded alerts in case detectors are being used by hearing impaired person.