Smoke Alarm Market Research Report, by Sensor Technology (Ionization Smoke Alarm
Smoke alarm market is expected to grow from USD 804.08 million in 2017 to USD 1.29 million by 2023, at a CAGR of 8.53% during the forecast period. Smoke alarm devices are intensively used in every commercial and industrial sector to protect the premises. The smoke detectors and fire detectors have efficiently detected the fire hazards at early stages and are capable of preventing huge financial and deaths or injuries. Increasing government initiatives and fire safety awareness regarding the Smoke Alarm industry are considered as the major driving factors for the Smoke Alarm market growth.
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