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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

IBISWorld’s Private Firefighting Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 - Starting a New Business Chapter

Barriers to entry are low for the Private Firefighting Services industry. While the average cost of depreciation across the industry is relatively high, new firms need not spend exorbitantly on equipment when starting out. As a result, most firms in the industry are small and serve only small geographic areas. However, firms must have trained firefighters on staff, and must purchase some equipment to operate, such as fire retardant. Additionally, new firms face the challenge of competing against firms that already have a proven record of fire prevention and suppression. Also, multi-year contracts with municipalities, airports or other large organizations are a primary source of revenue for industry firms, and new firms must try to secure these contracts away from existing firms... 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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