$1.5bn
$XXX.Xm
3,268
49
$XXX.Xm
Fire and smoke alarm manufacturers produce fire detection and alarm systems. Construction activity, especially nonresidential construction, primarily drives revenue since commercial, industrial and institutional buyers are the industry's largest markets. Manufacturers have combated volatile conditions through the current period. The pandemic created unprecedented uncertainty, slamming nonresidential construction and industrial production despite robust residential construction markets. Even as critical markets recovered, supply chain disruptions and climbing interest rates prevented manufacturers from fully recouping losses from 2020. Overall, revenue contracted at an estimated CAGR of 0.8% to $1.5 billion through the current period, despite a 0.6% jump in 2024, where profit reached 11.4%.
Industry revenue has declined at a CAGR of 0.8 % over the past five years, to reach an estimated $1.5bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Johnson Controls International Plc | 344.5 | 41.1 | 11.9 | |
Honeywell International Inc. | 247.7 | 55.7 | 22.5 | |
Carrier Global Corporation | 143.1 | 25.0 | 17.5 |
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Industry revenue is measured across several distinct product and services lines, including Fire alarm control panels and integrated systems, Smoke and heat detectors and Battery powered smoke and heat detectors. Fire alarm control panels and integrated systems is the largest segment of the Fire & Smoke Alarm Manufacturing in the US.
Fire alarm control panels and associated peripherals account for the largest share of revenue
This industry manufactures alarm systems used for detection in commercial, institutional, industrial, and government spaces along with households. Fire alarm systems include fire alarms, smoke detectors and other volatile chemical sensors, like carbon monoxide detectors.
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NAICS 33429 - Fire & Smoke Alarm Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Fire and smoke alarm manufacturers endured severe uncertainty through the current period. Ongoing pandemic recovery, supply chain disruptions and rising interest rates heavil...
Learn about an industry's products and services, markets and trends in international trade.
Fire and smoke alarm manufacturers benefit from extreme market diversity. All construction requires, at a minimum, fire and carbon dioxide detectors and alarms.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Providing quick delivery to nearby customers offers an advantage in this industry. Many manufacturers operate in areas with high populations and robust construction activity ...
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.
Fire and smoke alarm manufacturers have faced increasing pressure from low-cost imports. These foreign manufacturers often leverage lower wage expenses to flood generic alarm...
Learn about the performance of the top companies in the industry.
Johnson Controls has accrued the largest market share. The company plays a prominent role in generic and custom-built alarm systems, leveraging economies of scale, global sup...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Local and state governments have passed legislation requiring alarms in most buildings. In general, fire safety regulations benefit fire and smoke alarm manufacturers.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Leading manufacturers have managed to support profit growth. These companies have leveraged strong brand reputations and economies of scale to expand despite volatile conditi...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Fire & Smoke Alarm Manufacturing in the US industry in United States is $1.5bn in 2024.
There are 49 businesses in the Fire & Smoke Alarm Manufacturing in the US industry in United States, which has declined at a CAGR of 0.0 % between 2019 and 2024.
The market size of the Fire & Smoke Alarm Manufacturing in the US industry in United States has been declining at a CAGR of 0.8 % between 2019 and 2024.
Over the next five years, the Fire & Smoke Alarm Manufacturing in the US industry in United States is expected to grow.
The biggest companies operating in the Fire & Smoke Alarm Manufacturing market in United States are Johnson Controls International Plc, Honeywell International Inc. and Carrier Global Corporation
Manufacturing fire alarm control panels and Assembling integrated fire alarm systems are part of the Fire & Smoke Alarm Manufacturing in the US industry.
The company holding the most market share in United States is Johnson Controls International Plc.
The level of competition is moderate and increasing in the Fire & Smoke Alarm Manufacturing in the US industry in United States.