Industry Analysis & Industry Trends
Revenue for the Fire and Smoke Alarm Manufacturing industry nearly went up in flames as construction levels severely decreased during the recession. Luckily for the industry, a decreasing relative value of the US dollar created a growth in export values, dampening the blow of the recession. As the economy recovered, construction levels rose, bringing the industry back to steady revenue growth, which is expected to continue through 2017.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Fire and Smoke Alarm Manufacturing industry is in a mature stage of its life cycle. Over the 10 years to 2017, the industry's value added (IVA), which measures its contribution to the US economy, is forecast to grow at an average annual rate of 1.1%. Meanwhile, US GDP is anticipated to grow at a slightly faster average of 1.8% per year. Because the construction sector was ravaged over the past five years, industries relying on its demand have also suffered more than the general economy. Still, the industry's 10-year growth rate approximates that of the US economy, placing it in a mature stage.
Other factors pointing to a mature life cycle stage include the relatively steady number of industry participants... purchase to read more