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US resi smoke detector market to hit $600 million

March 18, 2016Spencer Ives

LONDON—Between 2016 and 2020 the residential market for smoke detectors will grow, according to a recent Technavio report, and technological trends in the market will shift dramatically.“The market size for the residential smoke detector market, specifically for the U.S., stands … close to around $400 million,” Sayani Roy, Technavio industry analyst, told Security Systems News. “By 2020, it is expected to hit around $600 million,” she said. Technavio is estimating...

Sayani Roy, smoke detectors, TechNavio