Overview | Market Share | Trends & Headlines | Key Players

Overview Market Share

Fire & life safety is a $20-25 billion global industry that caters to both public and private consumers, serving three primary functions:

  • Detection
    Detection products are designed to alert their users of potential hazards, either before or after they occur. Typical products in this category include: fire and carbon dioxide detectors, smoke detectors, heat sensors and ultraviolet flame detectors.

  • Suppression
    Suppression products are designed to mitigate the damages hazards may cause. Typical products in this category include: fire extinguishers, fire-extinguishing systems, foam generators and fire blankets.

  • Protection
    Protection products are designed to increase their user's safety in the event of a hazardous situation. Typical products in this category include: respirators, emergency lighting and fireproof clothing.

The development of new technologies has enabled companies to link life and safety devices to security systems. Integrating these systems will simplify the process of monitoring complete security systems.

Historically, market growth in this industry has been dependent on commercial building starts. Although this issue affects the growth rate of the market, the market is considered stable because strict regulations by both federal and state governments mandate up-to-date systems.

Trends & Headlines

  • From 1980-2000 the market showed relatively stable growth, almost doubling each decade. This growth can be attributed to the enforcement of safety regulations and codes. Over the next decade, life and safety products are expected to be the integrated with security systems. This is expected to fuel even greater growth.
  • According to the "2002-2005 U.S. Fire Alarm Market" report, the projected annual installed market value of U.S. fire alarm systems in commercial buildings in next couple of years is between $3 billion and $3.3 billion. The estimated $3.3 billion installed systems market value would represent an estimated $1.2 billion in equipment sales at the distribution level and $0.8 billion at the manufacturer level (with spare parts included, it is $0.9 billion).
Key Players

  • Tyco
  • Honeywell
  • SPX
  • Edwards Systems
  • Napco
  • Siemens
  • Firecom
  • Minimax
All site content © 2004, Security Growth Conference, Inc. | (800) 441-6982 x300 | Contact Us | Privacy Policy