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According to a new report North America Smoke Detector Market, published by KBV research, the North America Smoke Detector Market would witness market growth of 7.2% CAGR during the forecast period (2017-2023).
The US market holds the largest market share in North America Smoke Detector Product Market by Country in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 5.2 % during the forecast period.
The Canada market is expected to witness a CAGR of 16.4% during (2017-2023) in Smoke Detector Services Market. Additionally, The Mexico market is expected to witness a CAGR of 15.4% during (2017-2023).
The Commercial market holds the largest market share in Mexico Smoke Detector Market by Vertical in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 7.6 % during the forecast period. The Automotive market is expected to witness a CAGR of 10.7% during (2017-2023). Additionally, The Residential market would garner market size of $8.3 million by 2023.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the region. The key impacting factors of the North America Smoke Detector Market have been discussed in the report with the elaborated company profiles of Ceasefire Industries Pvt. Ltd. Hochiki Corporation, Honeywell International, Inc., Johnson Controls International Plc., Google Inc. (Nest Labs), Protec's Fire Detection Plc., .Robert Bosch, Secom Co. Ltd., Scheinder Electric, and Siemens AG.