Slow burn: Recessionary declines will reverse as construction markets continue to grow

The Fire and Smoke Alarm Manufacturing industry is tightly connected to the downstream construction market, as most fire alarms and detectors are installed during the final stages of building construction. Demand for industry products is primarily driven by new nonresidential building activity, and to a lesser extent, retrofitting of existing commercial facilities and aftermarket sales of replacement fire alarm components and devices. Consequently, the performance of smoke and fire alarm producers depends on activity in these downstream industries. This industry is small and highly concentrated. Global corporations such as Johnson Controls International PLC, Honeywell International Inc.,...purchase to read more.

Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
0.9%
Forecast Growth 17-22
Profit
Employment
1,805
Businesses
17

Industry Threats & Opportunities

  • Improving demand from construction has facilitated steady revenue gains over the five years
  • The level of penetration has been on the rise, which poses a threat to domestic operators
  • Demand for fire and smoke alarms will continue to be dictated by the level of aggregate construction
  • Industry Report - Industry Investment Chapter

    The Fire and Smoke Alarm Manufacturing industry is characterized by a low to moderate level of capital intensity. For every dollar spent on labor, the typical operator dedicates $0.14 to capital equipment purchases. Labor in this industry is required for hands-on manufacturing processes, such as welding and soldering electrical components, and for design, engineering, development and marketing activities. Capital expenditures include the purchase and maintenance of machinery used to assemble components, equipment for quality assurance purposes and general-purpose computer hardware and software. IBISWorld expects capital intensity in this industry to remain low to moderate over the five years to 2022...purchase to read more.

    Additional Insights for the Fire & Smoke Alarm Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Fire & Smoke Alarm Manufacturing Industry are

  • Automation - reduces costs, particularly those associated with labor
  • Having links with suppliers
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Value of residential construction in the Fire & Smoke Alarm Manufacturing industry impact industry performance..

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    What's in this report

    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 panels and integrated systems
  • Smoke and heat detectors
  • Industry Activities
  • Manufacturing fire alarm control panels
  • Assembling integrated fire alarm systems
  • Manufacturing heat detectors
  • Manufacturing smoke and CO detectors
  • Manufacturing peripheral devices, including sensors, sirens and actuators
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Value of residential construction
  • Regulation
  • Import penetration into the manufacturing sector
  • Trade-weighted index

  • Current Performance
  • Construction trends
  • International trade and industry structure
  • Fire codes and retrofitting
  • Chart: Revenue Growth

  • Industry Outlook
  • Strong projected growth in downstream industries
  • Profit trends and industry size
  • International trade
  • Table: Fire & Smoke Alarm Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fire & Smoke Alarm Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Commercial Building Construction

  • Key Selling Industries
  • Aluminum Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Glass Product Manufacturing
  • Plastic Pipe & Parts Manufacturing

  • Products & Services
  • Smoke and heat detectors
  • Fire alarm control panels and integrated systems
  • Chart: Fire & Smoke Alarm Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial
  • Industrial
  • Residential
  • Exports
  • Other
  • Chart: Major Market Segmentation for the Fire & Smoke Alarm Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Fire & Smoke Alarm Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fire & Smoke Alarm Manufacturing Industry

  • Industry Globalization
    Honeywell International Inc., Siemens AG, United Technologies Corporation, Johnson Controls International PLC,
  • Table: Honeywell International Inc. - financial performance
  • Table: Siemens AG - financial performance
  • Table: United Technologies Corporation - financial performance
  • Table: Johnson Controls International PLC - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Fire & Smoke Alarm Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Fire & Smoke Alarm Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Value of residential construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Co
  • Carbon monoxide, a poisonous yet colorless and odorless gas released during combustion.
  • Fire Alarm Control Panel (Facp)
  • The fire alarm control panel (FACP) is the central controlling unit in a fire alarm system.
  • Fixed Temperature Detector
  • A heat detector that operates when a eutectic alloy changes from solid to liquid.
  • Gsm
  • The standard digital cellular network used by most mobile phones and certain fire monitoring systems made by this industry
  • Nfpa
  • The National Fire Protection Association, the primary standard setting organization for this industry's products and downstream markets
  • Retrofitting
  • The addition of new technology to old or existing systems.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s industry research report on Fire & Smoke Alarm Manufacturing contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

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    This report on Fire & Smoke Alarm Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fire & Smoke Alarm Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fire & Smoke Alarm Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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