Fire Protection Services in Australia - Market Research Report (2014-2029)
Melbourne, Australia
Last Updated: September 2024
ANZSIC OD5424Revenue
$4.0bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
10,609
Businesses
2,810
Wages
$X.Xbn
Fire Protection Services in Australia industry analysis
The Fire Protection Services industry generates most revenue from designing, installing and maintaining fire detection, alarm and suppression systems in large-scale building developments. Fire protection contractors have faced widely divergent trends in crucial building and infrastructure markets over the past few years. Overall, industry revenue is expected to climb at an annualised 1.3% to $4.0 billion. A consistent flow of revenue from scheduled maintenance and repair activities continues to support contractors' long-term performance.
Trends and Insights
- Weaker installation of sophisticated fire protection systems in large-scale apartment developments has been outweighed by favourable trends in the non-residential building markets. Ongoing maintenance of existing fire protection systems provided a solid platform for growth.
- Maintenance work has been the cornerstone of fire protection contractors' activity and helped stabilise the industry’s long-term performance. Original installers often secure maintenance work as part of equipment supply contracts.
- New South Wales has an above-average share of industry enterprises, reflecting urbanisation trends. Sydney's substantial high-rise apartment and office building stock lifts the requirement for installing complex fire alarms and protection systems.
- A reputation for quality is crucial for contractors to secure installation and maintenance projects. Contractors often look to secure ongoing maintenance arrangements on installation projects based on their familiarity with the assets.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.3 % over the past five years, to reach an estimated $4.0bn in 2024.
Trends and Insights
Commercial and industrial building activity is firing up demand
- Tighter National Construction Code (NCC) guidelines for fire safety drive the long-term growth in installation services. The NCC mandates that fire protection systems like automatic fire detection, alarms and suppression systems are installed in all new non-residential buildings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
A surge in apartment construction is set to drive complex system installation work
- Mounting population pressures and the stimulus from the Federal Government's Housing Australia Futures Fund (HAFF) will drive the recovery in high-density apartment and townhouse construction. The multi-unit residential building market entails stringent fire protection standards.
Biggest companies in the Fire Protection Services in Australia
| Company | Market Share (%)
2025 | Revenue ($m)
2025 |
|---|---|---|
Wormald Australia | 174.0 | |
Chubb Fire & Security | 162.0 | |
ARA Fire Protection Services Pty Limited | 121.0 |
To view the market share and analysis for all 6 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Design services, Fire system sales and installation services and Fire system maintenance and repair services. Design services is the largest segment of the Fire Protection Services in Australia.
Trends and Insights
Maintenance is the cornerstone of fire protection contractors' activity
- Technologically advanced fire protection systems are highly automated, and technicians can remotely diagnose and resolve faults with minimal disruption. Still, a contractor must attend the premises to resolve specific system faults and maintain older systems.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Electrical Services in Australia
- Fire and Security Alarm Installation Services in Australia
Complementors
- Police and Firefighting Services in Australia
International industries
- Security Alarm Services in the US
- Fire Protection and Security System Installation Contractors in the US
- Security Alarm Services in Canada
- Fire and Security Alarm Installation Services in New Zealand
Table of Contents
About this industry
Industry definition
Contractors in this industry install and service fire alarm, protection, detection and control systems. The industry’s contractors also provide consultancy services along with maintenance and repairs to existing fire protection equipment.
What's included in this industry?
Fire system sales and installation servicesFire system maintenance and repairDesign servicesCompanies
Wormald AustraliaChubb Fire & SecurityARA Fire Protection Services Pty LimitedPurchase this report to view all 6 major companies in this industry.
Related Terms
CLOSED CIRCUIT TELEVISION (CCTV)FIRE EXTINGUISHERFIRE DETECTION SYSTEMCARBON MONOXIDEPERSONAL PROTECTIVE EQUIPMENT (PPE)Industry Code
ANZSIC 3234 - Fire Protection Services in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Weaker installation of sophisticated fire protection systems in large-scale apartment developments has been outweighed by favourable trends in the non-residential building mar...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Maintenance work has been the cornerstone of fire protection contractors' activity and helped stabilise the industry’s long-term performance. Original installers often secure...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New South Wales has an above-average share of industry enterprises, reflecting urbanisation trends. Sydney's substantial high-rise apartment and office building stock lifts t...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
A reputation for quality is crucial for contractors to secure installation and maintenance projects. Contractors often look to secure ongoing maintenance arrangements on inst...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The Fire Protection Services industry has no major companies. The market mainly comprises small-scale businesses that contract within narrow geographic areas or provide niche...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Wormald Australia's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Chubb Fire & Security's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of ARA Fire Protection Services Pty Limited's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for 3 additional companies
Detailed analysis
- Description and key data for Wormald Australia, and factors influencing its performance in the industry
- Description and key data for Chubb Fire & Security, and factors influencing its performance in the industry
- Description and key data for ARA Fire Protection Services Pty Limited, and factors influencing its performance in the industry
- Description, key data and performance trends for 3 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Fire protection contractors have faced a slump in installation work on high-rise apartment building projects since a record peak in 2017-18. However, growing population press...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Skilled labour shortages have contributed to higher average wage rates and pushed up industry wage costs. Still, fire protection contractors have achieved some labour savings...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Fire Protection Services industry in Australia in 2024?
The market size of the Fire Protection Services industry in Australia is $4.0bn in 2024.
How many businesses are there in the Fire Protection Services in Australia industry in 2024?
There are 2,810 businesses in the Fire Protection Services industry in Australia, which has grown at a CAGR of 1.3 % between 2019 and 2024.
Has the Fire Protection Services industry in Australia grown or declined over the past 5 years?
The market size of the Fire Protection Services industry in Australia has been growing at a CAGR of 1.3 % between 2019 and 2024.
What is the forecast growth of the Fire Protection Services industry in Australia over the next 5 years?
Over the next five years, the Fire Protection Services industry in Australia is expected to grow.
What are the biggest companies in the Fire Protection Services market in Australia?
The biggest companies operating in the Fire Protection Services market in Australia are Wormald Australia, Chubb Fire & Security and ARA Fire Protection Services Pty Limited
What does the Fire Protection Services in Australia include?
Fire system sales and installation services and Fire system maintenance and repair are part of the Fire Protection Services industry.
Which companies have the highest market share in the Fire Protection Services in Australia?
The company holding the most market share in Australia is Wormald Australia.
How competitive is the Fire Protection Services industry in Australia?
The level of competition is high and steady in the Fire Protection Services industry in Australia.
