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 Products Chapter
Fire alarm control panels and associated peripherals
A fire alarm control panel (FACP) is the central controlling unit in a typical industrial or commercial fire alarm system. The FACP obtains signals from sensors that are placed throughout a building or residence; these sensors detect any evidence of fire. The FACP then monitors the signals and provides automatic control of equipment and the surrounding premises from where the signal came. There are four types of FACPs: coded panels, conventional panels, addressable panels and multiplex systems. Shipments of fire alarm control panels and integrated fire detection systems are expected to account for 54.2% of industry revenue in 2016... purchase to read more