Wet blanket: Declining construction activity has dampened demand for industry services

The Fire Protection Services industry generates most of its revenue from designing, installing and maintaining fire detection and suppression systems in non-residential buildings and apartments. Moderate growth in the commercial and industrial building markets has supported the industry's performance over the past five years. However, declining investment in institutional building construction has constrained the industry's performance over the period. Several of the industry's specialist firms have also faced large fluctuations in demand from the mining and infrastructure markets over the past five years...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 14-19
-1.9%
Forecast Growth 19-24
Profit
Employment
8,710
Businesses
2,175
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Regular maintenance work for existing systems provides solid demand for industry firms
  • Demand for fire protection systems in new large-scale apartment buildings has supported the industry
  • Ongoing maintenance contracts will provide the industry with a stable source of demand
  • Industry Report - Industry Products Chapter

    The Fire Protection Services industry provides a range of products, ranging from sophisticated fire detection systems to simple smoke alarms and fire extinguishers. Industry operators also provide recurring and non-recurring servicing of existing systems and design services. Each segment's size represents its contribution to industry revenue.Fire system maintenance and repair servicesOver half the industry's annual revenue currently derives from maintenance and repair services on existing fire protection assets. This segment has grown slightly as a share of industry revenue over the past five years, due to slower growth of new system sales and installation services. Reg...purchase to read more.

    Additional Insights for the Fire Protection Services Industry

    IBISWorld has determined the most important Key Success Factors for the Fire Protection Services are:

  • Having a good technical knowledge of the product
  • Membership of an industry organisation
  • Production of premium goods/services
  • IBISWorld analysts also discuss how external factors such as Demand from commercial and industrial building construction and Demand from institutional building construction in the Fire Protection Services industry impact industry performance..

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    What's in this report

    What is the Fire Protection Services Industry?

    Firms in this industry install and service fire protection systems. Industry operators also provide consultancy services.

    Industry Products
  • Design services
  • Fire system sales and installation services
  • Fire system maintenance and repair services
  • Industry Activities
  • Installation of fire protection and suppression systems
  • Fire sprinklers installation
  • Servicing of fire protection and suppression systems
  • Smoke detectors installation
  • Sale of fire protection and suppression systems in conjunction with installation
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from commercial and industrial building construction
  • Demand from institutional building construction
  • Demand from multi-unit apartment and townhouse construction
  • Business confidence index
  • Demand from heavy industry and other non-building construction

  • Current Performance
  • Commercial construction volatility
  • Residential construction trends
  • Industry dynamics
  • Chart: Revenue Growth

  • Industry Outlook
  • Short-term volatility
  • Building construction trends
  • Profit rebounds
  • Table: Fire Protection Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fire Protection Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Construction
  • Residential Property Operators
  • Office Property Operators
  • Retail Property Operators
  • Industrial and Other Property Operators

  • Key Selling Industries
  • Audio Visual Electronic Equipment Manufacturing
  • Computer and Electronic Office Equipment Manufacturing
  • Fabricated Metal Product Manufacturing
  • Mining and Industrial Machinery Wholesaling

  • Products & Services
  • Fire system maintenance and repair services
  • Fire system sales and installation services
  • Design services
  • Chart: Fire Protection Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Commercial and industrial building contractors and developers
  • Institutional building contractors and developers
  • Households and residential building contractors
  • Infrastructure developers and mining companies
  • Chart: Major Market Segmentation for the Fire Protection Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Subcontractor payments
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Fire Protection Services

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fire Protection Services Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Fire Protection Services 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 Protection Services Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Carbon Monoxide
  • A toxic gas emitted by most forms of natural combustion, such as fires.
  • Cctv
  • An abbreviation for Closed Circuit Television, which uses video cameras to transmit a signal to a monitor. CCTV is used for monitoring and surveillance purposes.
  • Fire Detection System
  • Various fire detection systems can be installed (e.g. thermal, smoke and video systems) that can detect and alert people to the presence of smoke, fire, rapid heat changes and changes in air quality.
  • Fire Extinguisher
  • A portable apparatus containing powders and chemicals that can be discharged to extinguish a small fire. Extinguishers vary in content depending on the likely type of fire threat.
  • What Our Customers Say

    Why buy this report?

    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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fire Protection Services:
    • 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 Protection Services 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 Protection Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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