Smoke Detector Market Witnessing a Steady CAGR of 7.4%, Projected to Reach USD 5,334.8 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
Honeywell International Inc. (HON)
Last honeywell international inc. earnings: 5/1 06:30 am
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Source: Yahoo! Finance
NEWARK, DE / ACCESSWIRE / November 27, 2024 / The global Smoke Detector Market is set to experience a substantial expansion, growing from USD 2,612.65 million in 2024 to USD 5,334.8 million by 2034, at a steady CAGR of 7.4% during the forecast period. Increasing safety awareness, stringent regulatory norms, and advancements in IoT-enabled smart detection technologies are driving this growth. With increasing applications of smoke detectors, the demand for smoke detectors is projected to gain momentum during the forecast period. Smart smoke detectors with improved features are anticipated to hit the smoke detector market, auguring well for the market's future trends. These features include the ability to collect and analyze data based on a variety of parameters, including smoke, temperature, humidity, activity, carbon monoxide levels, and light. These detectors can also be associated with other smart home security gadgets to ensure the enhanced security of residential homes, and th
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HON
Earnings
- 10/24/24 - Beat
HON
Sec Filings
- 11/18/24 - Form 4
- 11/15/24 - Form 144
- 11/13/24 - Form 4
- HON's page on the SEC website