Demand for many of the industry's products relies heavily on building construction activity. While declines in residential and commercial construction hampered this industry's growth over much of the past five years, the recovery in both of these sectors is bringing the industry back from decline. Additionally, public infrastructure spending on highways and roads will remain strong, fueling demand for traffic control systems. However, increasing import penetration threatens future growth.
This industry manufactures communications equipment that include alarm systems, hazard detection systems, traffic signals, sirens and intercom systems. This industry excludes telephone apparatuses, radio and television broadcast equipment and wireless communications equipment.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.