SYNOPSIS:
This Market Assessment identifies key and emerging players in the market for smart smoke and CO (carbon monoxide) detectors. It tracks consumer adoption and purchase trends, including product preferences, the buyer journey, and purchase channels. It includes forecasts for unit sales and revenues and special analysis on specific use cases, including senior care and insurance.
- What are the major trends currently impacting the smart smoke/CO detector market?
- Who are the key competitors in the market?
- What product innovations are driving the market?
- What are the rates of ownership, purchases, and intentions?
- What are some technical issues smoke/CO detector owners experience, and how are those issues being addressed?
- What is the role of caregiving and senior care in the acquisition of security and safety devices?
- What role do insurance providers and security dealers play in the adoption of smoke/CO detectors?
SAMPLE VIEW
ANALYST INSIGHT:
"Like other smart product categories, safety and security solution providers look beyond device sales to recurring service opportunities. For smart smoke/CO detectors, that means integrating with security systems." - Daniel Holcomb, Senior Analyst, Parks Associates.
Table of Contents
Executive Summary
- Smart Smoke/CO Detector Adoption
- US Forecast - Smart Smoke Detectors
- Top Use Cases for Insurance-Provided Smart Home Devices
- Top Purchase Channels
Competitor News and Trends
- Smart Smoke/CO Detectors and Air Quality Products - Market Activity
- Recent Product Innovation Highlights: Features and Functions
- Recent Partnerships Highlights
- Business Models and Acquisitions Highlights
Market Landscape and Key Competitors
- Current Products and Features
- Products Offered by Major Platform Players
- Products Offered by Major Security Device Suppliers
US Market Sizing & Forecast
- Drivers Impacting Year-end Sales Outcomes
- Barriers Impacting Year-end Sales Outcomes
- Smart Smoke Detectors Forecast, 2019-2027
- US Forecast - Smart Smoke Detectors: Annual Unit Sales (#M)
- US Forecast - Smart Smoke Detectors: Annual Sales Revenue at End-user Value ($M)
Ownership, Purchases, and Intentions
- Smart Home Device Ownership
- Smart Smoke/CO Detector Adoption
- Smart Smoke/CO Detector Purchases and Future Intentions
Buyer Journey
- Smart Smoke/CO Detector Purchase Channel
- Smart Home Product Purchase Channel
- Smart Smoke and CO Detectors Purchase Triggers
- Average Selling Price: Smart Smoke/CO Detector
- Smart Smoke and CO Detector: Installed Base Brand Share
- Smart Smoke and CO Detector: Brand Recently Purchased
UX and Technical Support
- Installation Method
- High Difficulty with Self Installation
- Smart Home Device Return Rate in the Last 12 Months vs Purchase rate in the Past 6 Months
- Actions after Returning Device
- Reasons for Returning Smart Smoke/CO Detector
- Smart Home Device: Technical Problems Experienced
- Smart Home Devices: Payment Preference for Professional Device Set-Up and Installation
Monitoring and Security
- Security System Ownership Among Smart Smoke/CO Detector Owners
- Paid Detector Service with Security System Subscription
- Stand-Alone Detector Plan
- Features of Smoke/CO Detector Service
- Smart Smoke/CO Detector Subscription Plan Monthly Cost
- Interest in Security System Add-on Service
- Devices Acquired as Part of Security System
- Devices Acquired as Part of System, by Installation Method
- Additional Devices Adopted After Security System Installation
- Smoke Detector/CO Monitor Added After Security System Installation
- Devices Added After Security System Installation by Installation Method
- Beyond Intrusion: Top 3 Conditions for Security System to Detect/Prevent
- Top Conditions Seek to Detect or Prevent by Life Stage Segments
Use Cases: Senior Care
- Market Size of Family Caregivers
- Family Caregiver Age Distribution
- Family Caregiver New Technology Adoption
- Valuable Features of Independent Living Solutions (Rating 1-7 on 7pt Scale)
- Preferred Devices Added in DIY Packages
Use Cases: Insurance
- Home Damage Experiences
- Insurance Claim Experience
- Top Use Cases for Insurance-Provided Smart Home Devices
- Comfort Sharing Data Types: Home, Resident, Video, Environmental
Appendix