Lucintel Blog: Lucintel Forecasts Zigbee-Based Fire Detector Market to Reach $0.82 Billion by 2028

Thursday, July 6, 2023

Lucintel Forecasts Zigbee-Based Fire Detector Market to Reach $0.82 Billion by 2028

According to the recent study the zigbee-based fire detector market is projected to reach an estimated $0.82 billion by 2028 from $0.41 billion in 2023, at a CAGR of 14.8% from 2023 to 2028. Growth in this market is primarily driven by increasing usage of these detectors as they are simple, more affordable, and consume less power as compared to Bluetooth and Wi-Fi.

A more than 150–page report is developed to understand trends, opportunities and forecast in zigbee-based fire detector market by product (smoke detectors, heat detectors, and others), application (residential, commercial, public institutions, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/zigbee-based-fire-detector-market.aspx

“Smoke detector market is expected to remain the largest segment during the forecast period.”

Based on product, the zigbee-based fire detector market is segmented into smoke detectors, heat detectors, and others. Lucintel forecasts that the smoke detector market is expected to remain the largest segment due to the increasing requirement for easy-to-install and battery-powered intelligent smoke alarms, which can produce a loud sound when they detect smoke or fire.

“Within the zigbee-based fire detector market, the commercial segment is expected to remain the largest application.”

Based on application the commercial segment is expected to witness the highest growth over the forecast period due to increasing concern for keeping people safe and minimizing building damage.

“Asia pacific will dominate the zigbee-based fire detector market in near future.”

Asia Pacific is expected to witness the highest growth over the forecast due to the increasing trend of smart homes across the region.

Download Brochure of this report by clicking on https://www.lucintel.com/zigbee-based-fire-detector-market.aspx.

Major players of zigbee-based fire detector market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Honeywell International, Johnson Controls, Hochiki, Kidde, and Bosch Security Systems are among the major zigbee-based fire detector providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/zigbee-based-fire-detector-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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