Fire & Smoke Alarm Manufacturing in the US - Industry Market Research Report

Fire & Smoke Alarm Manufacturing in the US - Industry Market Research Report

  • December 2017 •
  • 37 pages •
  • Report ID: 5103582
Slow burn: Recessionary declines will reverse as construction markets continue to grow

Abstract

Fire & Smoke Alarm Manufacturing
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., Siemens AG and United Technologies Corporation manufacture brands across all product categories, in addition to providing value-added services like installation, inspection and aftermarket maintenance.

These companies have continued to solidify their standing in the market through aggressive branding, new product development and brand acquisitions. As the domestic construction segment continues to grow over the five years to 2022, demand for industry products will steadily increase.This industry manufactures fire alarm equipment used for detection in commercial spaces and households.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=UnitedStates Industry=BuildingProducts ParentIndustry=HeavyIndustry Date=201712 Topic=Demand Publisher=Ibisworld Price=1000