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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 2014

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

IBISWorld’s Fire & Smoke Alarm Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Tyco Tyco market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 09-14
2.5%
Annual Growth 14-19
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Profit
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Employment
4,563
Businesses
89
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 2019.... 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 2019, the industry's value added (IVA), which measures its contribution to the US economy, is forecast to grow at an average annual rate of 5.0%. Meanwhile, US GDP is anticipated to grow at an annualized 2.7%. Although a higher IVA growth rate indicates a growing industry, smoke and fire alarm products are well-established, with defined customer segments in downstream construction industries. The higher IVA growth rate represents a recovery in the industry's wages and profit, which both declined during the Great Recession that crippled construction activity and trade... 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 panelsHeat detectorsSmoke detectors
 
Industry Activities
Manufacturing fire alarm control panelsManufacturing heat detectorsManufacturing smoke detectors


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