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Private Firefighting Services in the US: Market Research Report

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

Private Firefighting Services Market Research Report | Specialist Engineering, Infrastructure & Contractors | Specialist Contractors | Nov 2012

Catching fire: Funding cutbacks for public fire departments set industry growth ablaze

The Private Firefighting Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 07-12
12.5%
Annual Growth 12-17
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Profit
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Employment
16,880
Businesses
256
Industry Analysis & Industry Trends

The industry has recorded impressive growth over the past decade, with double-digit revenue gains. A rising trend toward privatization has been driven by cutbacks in state and local funding for public sector fire departments. Consequently, governments are increasingly contracting with private sector fire departments, which can be hired on an as-needed basis. Furthermore, insurance companies are increasingly employing private firefighters for cost savings on fire suppression services. Industry growth will continue over the next five years as client volumes expand.... purchase to read more

Industry Report - Industry Analysis Chapter

The Private Firefighting Services industry is valued at an estimated $2.1 billion in revenue. Over the past five years, the industry has posted double-digit gains, with revenue rising at an average annual rate of 12.5%. The primary factor prompting the industry's explosive growth is declining funding for state and municipal fire departments, which has resulted in greater contracting with the private sector. Moreover, insurance companies are increasingly hiring private firefighters to aid in wildfire suppression efforts and mitigate property damage. With 2012 bringing one of the worst state wildfires in history and continued government cutbacks, revenue for the Private Firefighting Services industry is estimated to rise 9.7% during the year... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Private Firefighting Services Industry?

Companies in this industry primarily provide fire protection and suppression services on a subscription basis to residential and commercial property owners. Companies may also provide forestry services, airport and industrial complex fire protection services. This industry does not include government and volunteer fire department services.

Industry Products
Consultation and pretreatmentEmergency responseInspections and safety trainingWildfire tracking
 
Industry Activities
Fire protection and suppression for residential communitiesFire protection and suppression for commercial ownersFire protection and suppression for airports and industrial sitesForestry servicesInspections and fire safety trainingEvacuation assistanceFire prevention services


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