QYResearch: Global Carbon Monoxide Alarms Sales Market Report 2017 Overview
Carbon monoxide Alarms is a device that detects the presence of the carbon monoxide (CO) gas in order to prevent carbon monoxide poisoning. CO alarms monitor airborne concentration levels of CO over time, and sound an alarm when harmful levels are present.
First, for industry structure analysis, the Carbon Monoxide Alarms industry is relatively not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The BRK Brands and Kidde totally account for more than 31% of the revenue market. Regionally, Asia-Pacific is the biggest consumption regiion of Carbon Monoxide Alarms.
Second, the production of Carbon Monoxide Alarms increased from 2.90 M Units in 2012 to 4.48 M Units in 2016 with a CAGR of 11.50%.
Third, Europe occupied 25.41% of the consumption market in 2016. Asia-Pacific accounted for around 35.39% of the global total industry. North America was the second largest consumption market in the world, which took about 28.61% of the global consumption volume in 2016.
Fourth, for price trend analysis, a key variable in the performance of Carbon Monoxide Alarms producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
Fifth, for QYR forecast, the global Carbon Monoxide Alarms revenue would keep increasing with annual growth rate with 12~15%. QYR tend to believe that this industry still has a good future, considering the current demand of Carbon Monoxide Alarms.
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