The industry's growth has been limited over the past five years, as it has contended with subdued commercial construction activity due to widespread uncertainty following the global economic downturn. The industry has also become increasingly fragmented, as the downturn in demand resulted in worker redundancies and former employees started their own businesses or began to operate as subcontractors. Meanwhile, major players such as Chubb Security Holdings Australia Limited, Tyco International Pty Limited and Hills Limited have consolidated their positions in the industry through their specialised services across multiple markets.
The Fire and Security Alarm Installation Services industry comprises firms that install and repair security systems and fire protection, detection and control systems.
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.