Forecast of Global Residential Smoke Alarm (Smoke Detector) Players Market 2023

Global Residential Smoke Alarm (Smoke Detector) Market will register a 4.1% CAGR in terms of revenue, reach US$ 2530 million by 2023, from US$ 1990 million in 2017. Smoke alarm, another name for smoke transducer, smoke sensors, etc. It is a device that detects smoke, typically as an indicator for fire. It is can be used for fire prevention system, security system and other fields to detect fires before they become dangerous and to provide sufficient warning to occupants so they can escape.