Smart Hazard Detectors - G7
G7- Revenue in the Smart Hazard Detectors market is projected to reach US$1.2bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 11.92%, resulting in a projected market volume of US$2.0bn by 2029.
- In the Smart Hazard Detectors market, the number of active households is expected to amount to 47.5m users by 2029.
- Household penetration will be 10.8% in 2024 and is expected to hit 14.4% by 2029.
- The average revenue per installed Smart Home currently is expected to amount to US$33.27.
Definition:
Smart Hazard Detectors market includes devices designed to identify potential hazards in residential and commercial spaces, such as smoke, gas leaks, carbon monoxide, water leaks, floods, and air quality issues. This segment encompasses both standard hazard detectors, like smoke detectors, and smart hazard detectors, which are Wi-Fi-enabled devices capable of integrating with IFTTT (If This Then That) frameworks to automate processes, such as sending alerts to your smartphone when hazards are detected (e.g., First Alert Onelink, Google Nest Protect).This segment specifically focuses on the detectors themselves and excludes other safety equipment or monitoring services (see Control & Connectivity).
Additional Information:
The market comprises revenue, average revenue per smart home, number of smart homes, and household penetration rates. Sales figures are generated through both online and offline channels, emphasizing consumer (B2C) spending. Key players in this market include First Alert, Google Nest, Bosch, Honeywell, AMS, MSA Safety, and other brands recognized for their innovation and reliability in safety solutions. For more information on the data displayed, use the info button next to the relevant boxes.
In-Scope
- Smart Smoke Detectors (e.g., Google Nest Protect, First Alert Onelink Safe & Sound)
- Smart Carbon Monoxide Detectors (e.g., Kidde Smart CO Detector, First Alert CO Alarm)
- Smart Water Leak Detectors (e.g., GROVE StreamLabs, Aqara Water Leak Sensor)
- Smart Air Quality Monitors (e.g., Eve Room, Netatmo Healthy Home Coach)
Out-Of-Scope
- Standard smoke and CO detectors without smart features
- Analog hazard detectors that lack connectivity
- Accessories or monitoring systems not linked to hazard detection (e.g., basic alarms, traditional flood sensors)
- Standalone sensors without integrated communication capabilities.
