Sound the alarm: New regulation requiring CO alarms will provide solid growth
IBISWorld’s Carbon Monoxide Alarm Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.
Industry Statistics & Market Size
Annual Growth 15-20
Industry Analysis & Industry Trends
Since carbon monoxide (CO) alarms are often installed during the construction process, industry demand fell sharply as contractors either delayed or canceled new building projects during the recession. Nevertheless, the future looks bright for CO alarm manufacturers as the construction sector strengthens over the next five years. In addition, new regulations requiring CO alarms in certain residential and commercial buildings will provide a solid basis for industry growth... purchase to read more
What is the Carbon Monoxide Alarm Manufacturing industry?
This industry manufactures carbon monoxide detectors. These devices detect the presence of carbon monoxide to prevent carbon monoxide poisoning. Carbon monoxide is a colorless and odorless compound produced by incomplete combustion... purchase to read more
Major products in this industry
Plug-in carbon monoxide alarmsHardwired carbon monoxide alarmsBattery-operated carbon monoxide alarms
Examples of brands in this Industry
Kidde Carbon Monoxide AlarmXintex Co DetectorMTI 60-542 Carmon Monoxide DetectorUEI CO91 Carbon Monoxide Detector