The 2023-2028 Outlook for Fire Sensors and Detectors, by Components in India Paperback – September 14, 2022

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Categories: Detectors & Sensors, Smart Home Devices

This study covers the latent demand outlook for fire sensors and detectors, by components across the states, union territories, and cities of India. Latent demand (in millions of U.S. dollars), or potential industry earnings (P.I.E.) estimates are given across over 4,900 cities in India. For each city in question, the percent share the city is of its state or union territory and of India as a whole is reported. These comparative benchmarks allow the reader to quickly gauge a city vis-à-vis others. This statistical approach can prove very useful to distribution and/or sales force strategies. The usage of econometric models which project fundamental economic dynamics within each state, union territory, and city, latent demand estimates are created for fire sensors and detectors, by components. This report does not discuss the specific players out there serving the latent demand, nor specific details at the product level. The study also does not believe short-term cyclicalities that might impact realized sales. The study, subsequently, is strategic in nature, taking an aggregate and long-run view, regardless of the players or products involved.

In this report we define the sales of fire sensors and detectors, by components as including all commonly understood products falling within this broad category, regardless of product packaging, formulation, size, or form. Companies participating in this industry include Bosch Security Systems, Halma, Honeywell, Tyco International, and United Technologies Corporation (UTC). Along with the sources indicated, additional information available to the public via news and/or press releases published by players in the industry used to be considered in defining and calibrating this category. All figures are in a common currency (U.S. dollars, millions) and aren’t adjusted for inflation (i.e., they are current values). Exchange rates used to convert to U.S. dollars are averages for the year in question. Future exchange rates are assumed to be constant at some point at the current level (the average of the year of this publication’s release in 2022).

Author	Prof Philip M. Parker Ph.D.

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