Fire and Security Alarm Installation Services in Australia - Market Research Report (2013-2028)
Melbourne, Australia
Last Updated: August 2023
ANZSIC E3234Revenue
$4.8bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
13,917
Businesses
3,843
Wages
$X.Xbn
Fire and Security Alarm Installation Services in Australia industry analysis
Over the past five years, prominent fire and security system contractors have struggled to secure end-to-end contracts involving system design, installation, commissioning and long-term maintenance. Ongoing requirements for system maintenance and repair partly cushion the industry from fluctuations in spending on new system installation services. However, asset owners are increasingly using building information modelling (BIM) software to scrutinise scheduled maintenance activity.
Trends and Insights
- The slump in commercial-grade fire and security alarm system installations in large-scale apartment developments has severely constrained the industry's performance. However, non-residential building markets have generated solid commercial system installation and maintenance growth.
- Most industry revenue is generated from installing and maintaining fire protection systems. These activities include work on fire alarm systems and fire prevention and suppression systems to ensure buildings comply with the Building Code of Australia (BCA).
- New South Wales dominates the Fire and Security Alarm Installation Services industry. Fire and security alarm installation requirements in urban Sydney have led enterprise numbers to be over-represented relative to the state’s population share.
- Work on system installation can help contractors secure ongoing maintenance contracts. Contractors often look to secure maintenance arrangements on installation projects based on their familiarity with the equipment and the projects’ design.
Industry Overview
Market size and recent performance (2013-2028)
Industry revenue has declined at a CAGR of 0.3 % over the past five years, to reach an estimated $4.8bn in 2023.
Trends and Insights
Rebounding commercial and industrial building construction has fired up industry demand
- Commercial and industrial building activity dipped in 2020-21, coinciding with severe COVID-19 lockdowns. Fire and security installers have since generated strong growth from installing and retrofitting sophisticated alarm systems in commercial and industrial buildings.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Installation will be in full swing as building construction maintains momentum
- Recoveries in housing investment and solid non-residential building construction over the five years through 2028-29 will benefit industry contractors. This will offset the winding back of installation services in the non-building infrastructure markets.
Biggest companies in the Fire and Security Alarm Installation Services in Australia
| Company | Market Share (%)
2024 | Revenue ($m)
2024 |
|---|---|---|
Chubb Fire & Security | 309.0 | |
ARA | 222.4 | |
Wormald Australia | 162.0 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Fire system design and installation services, Fire system maintenance and repair services and Security system design and installation services. Fire system design and installation services is the largest segment of the Fire and Security Alarm Installation Services in Australia.
Trends and Insights
Fire system maintenance and repair provides the platform for industry expansion
- The provision of fire system maintenance and repair services has grown as a share of industry revenue through 2023–24, supported by multi-year contracts to perform regular or recurring maintenance on existing fire detection, alarm and suppression systems.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Electrical Services in Australia
- Computer and Computer Peripheral Wholesaling in Australia
- Telecommunications and Other Electrical Goods Wholesaling in Australia
- Investigation and Security Services in Australia
- Security System Installation and Monitoring in Australia
- Fire Protection Services in Australia
International industries
- Security Alarm Services in the US
- Locksmiths in the US
- Security Alarm Services in Canada
- Fire and Security Alarm Installation Services in New Zealand
- Security System Services in the UK
Table of Contents
About this industry
Industry definition
Industry firms install and repair security systems and fire protection, detection and control systems.
What's included in this industry?
Fire system design and installation servicesFire system maintenance and repair servicesSecurity system design and installation servicesSecurity system maintenance and repair servicesCompanies
Chubb Fire & SecurityARAWormald AustraliaPurchase this report to view all 4 major companies in this industry.
Related Terms
CLOSED CIRCUIT TELEVISION (CCTV)FIRE EXTINGUISHERSURVEILLANCEIndustry Code
ANZSIC 3234 - Fire and Security Alarm Installation Services in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The slump in commercial-grade fire and security alarm system installations in large-scale apartment developments has severely constrained the industry's performance. However,...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2013-2022) and forecast (2023-2028)
- Employees, including historical (2013-2022) and forecast (2023-2028)
- Businesses, including historical (2013-2022) and forecast (2023-2028)
- Profit, including historical (2013-2023)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Most industry revenue is generated from installing and maintaining fire protection systems. These activities include work on fire alarm systems and fire prevention and suppre...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2023
- Product innovation level
Charts
- Products & services segmentation in 2023
- Major market segmentation in 2023
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
New South Wales dominates the Fire and Security Alarm Installation Services industry. Fire and security alarm installation requirements in urban Sydney have led enterprise nu...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2023
Tables
- Number and share of establishments in each region in 2023
- Number and share of revenue each region accounts for in 2023
- Number and share of wages each region accounts for in 2023
- Number and share of employees in each region in 2023
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Work on system installation can help contractors secure ongoing maintenance contracts. Contractors often look to secure maintenance arrangements on installation projects base...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2018-2023
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The industry is highly fragmented and contains few major companies. The industry mainly comprises small-scale businesses that provide niche service markets or chase installat...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2019 through 2023
- Major companies in the industry, including market share, revenue, profit and profit margin in 2023
- Overview of Chubb Fire & Security's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of ARA's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of Wormald Australia's performance by revenue, market share and profit margin from 2017 through 2023
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Chubb Fire & Security, and factors influencing its performance in the industry
- Description and key data for ARA, and factors influencing its performance in the industry
- Description and key data for Wormald Australia, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Slumping high-rise apartment construction since the 2017–18 peak has severely constrained installations of sophisticated fire and security alarm systems. However, mounting po...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2013-2028)
- Assistance historical data and forecast (2013-2028)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Wage costs have climbed as skilled labour shortages have pushed up average wage rates. Direct employment has fallen in line with overall revenue, but contractors face higher ...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2023
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2013-2028)
- Revenue per Employee (2013-2028)
- Revenue per Enterprise (2013-2028)
- Employees per Establishment (2013-2028)
- Employees per Enterprise (2013-2028)
- Average Wage (2013-2028)
- Wages/Revenue (2013-2028)
- Establishments per Enterprise (2013-2028)
- IVA/Revenue (2013-2028)
- Imports/Demand (2013-2028)
- Exports/Revenue (2013-2028)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2013-2028)
- IVA (2013-2028)
- Establishments (2013-2028)
- Enterprises (2013-2028)
- Employment (2013-2028)
- Exports (2013-2028)
- Imports (2013-2028)
- Wages (2013-2028)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Fire and Security Alarm Installation Services industry in Australia in 2024?
The market size of the Fire and Security Alarm Installation Services industry in Australia is $4.8bn in 2024.
How many businesses are there in the Fire and Security Alarm Installation Services in Australia industry in 2023?
There are 3,843 businesses in the Fire and Security Alarm Installation Services industry in Australia, which has grown at a CAGR of 1.2 % between 2018 and 2023.
Has the Fire and Security Alarm Installation Services industry in Australia grown or declined over the past 5 years?
The market size of the Fire and Security Alarm Installation Services industry in Australia has been declining at a CAGR of 0.3 % between 2018 and 2023.
What is the forecast growth of the Fire and Security Alarm Installation Services industry in Australia over the next 5 years?
Over the next five years, the Fire and Security Alarm Installation Services industry in Australia is expected to grow.
What are the biggest companies in the Fire and Security Alarm Installation Services market in Australia?
The biggest companies operating in the Fire and Security Alarm Installation Services market in Australia are Chubb Fire & Security, ARA and Wormald Australia
What does the Fire and Security Alarm Installation Services in Australia include?
Fire system design and installation services and Fire system maintenance and repair services are part of the Fire and Security Alarm Installation Services industry.
Which companies have the highest market share in the Fire and Security Alarm Installation Services in Australia?
The company holding the most market share in Australia is Chubb Fire & Security.
How competitive is the Fire and Security Alarm Installation Services industry in Australia?
The level of competition is high and increasing in the Fire and Security Alarm Installation Services industry in Australia.
