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Fire Protection Services in Australia: Market Research Report

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

Fire Protection Services Market Research Report | Advisory & Financial Services | Other Outsourced Functions | May 2013

Rekindling revenue: The industry returns to growth as construction activity improves

IBISWorld’s Fire Protection Services market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Chubb Security Chubb Security  market share
Tyco International Tyco International market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-1.2%
Annual Growth 13-18
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Profit
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Employment
12,185
Businesses
2,326
Industry Analysis & Industry Trends

The Fire Protection Services industry has simultaneously benefited and suffered as a result of its dependence on its key downstream markets. Activity in its principal source of revenue - the commercial and industrial building construction sectors - has been volatile, with the global financial crisis taking its toll on new project commencements as investor confidence plunged and wholesale funding costs rose. This had a negative effect on industry revenue, as evidenced by successive revenue declines between 2008-09 and 2010-11. Activity in the commercial construction sector has since recovered, particularly in the office, retail and hotel segments... purchase to read more

Industry Report - Industry Analysis Chapter

The Fire Protection Services industry has faced a turbulent few years. Industry revenue has been at the mercy of downstream demand conditions, particularly activity in the commercial and industrial building construction sectors. Growth in new building commencements has been mixed across key commercial markets, with strong gains in the office, retail and hospitality segments while growth in entertainment and public infrastructure projects has been modest. Non-residential capital expenditure is expected to have increased strongly over the past five years, partially skewed by a peak in mining investment. In the past few years, industry growth has also been driven by an easing of financial markets and a fall in funding costs, following the crippling effects of the global financial crisis... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Fire Protection Services Industry?

Firms in this industry provide consultancy services, installation and servicing of fire protection systems.

Industry Products
Design Sales and installationRecurring servicingNon-recurring servicing
 
Industry Activities
Sale of fire protection and suppression systemsInstallation of fire protection and suppression systemsServicing of fire protection and suppression systemsSale of fire protection and suppression systemsInstallation of fire protection and suppression systemsServicing of fire protection and suppression systems


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