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Fire & Smoke Alarm Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Fire & Smoke Alarm Manufacturing Market Research Report | Technology | Security & Safety Systems | Jul 2016

Mercury rising: Recessionary declines will reverse as construction markets begin to recover

IBISWorld’s Fire & Smoke Alarm Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Honeywell Honeywell market share
Tyco Tyco market share
United Technologies United Technologies market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
5.7%
Annual Growth 16-21
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Profit
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Employment
4,424
Businesses
24
Industry Analysis & Industry Trends

The Fire and Smoke Alarm Manufacturing industry, which is small and highly concentrated, is tightly connected to the downstream construction market, as most fire alarms and detectors are installed during the final stages of building construction. Improving demand from construction has allowed for steady revenue gains over the past five years. As the domestic construction segment continues to grow over the five years to 2021, demand for industry products will steadily increase, causing industry revenue to grow in tandem.


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Industry Report - Industry SWOT Analysis Chapter

The Fire and Smoke Alarm Manufacturing industry is in the mature stage of its life cycle, with demand heavily dependent on investment trends in the downstream building markets. Over the 10 years to 2021, industry value added (IVA), which provides a measure for the industry's contribution to the US economy, is forecast to increase at an annualized rate of 4.2%. In contrast, the economy is expected to grow an annualized 2.1% over the same period. Although a higher IVA growth rate generally indicates a growing industry, fire alarm systems are well-established products with defined customer segments in downstream construction industries. The higher IVA growth rate represents a recovery in the industry's gross sales and profit margins in the postrecessionary economy... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fire & Smoke Alarm Manufacturing Industry?

This industry manufactures fire alarm equipment used for detection in commercial spaces and households.

Industry Products
Fire alarm control panels and integrated systemsSmoke and heat detectorsSirens, actuators and other components
 
Industry Activities
Manufacturing fire alarm control panelsAssembling integrated fire alarm systemsManufacturing heat detectorsManufacturing smoke and CO detectorsManufacturing peripheral devices, including sensors, sirens and actuators


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