This growth partly reflects the sophisticated equipment being installed, with the price effect partially offset by continued strong price competition in the market.
The access market has also increased year-on-year during the period, with overall growth of 51% between 1997 and 2001, taking sales to £483 million in the final year. The strongest growth (of 13 %) was recorded in 1998, reflecting strong demand for private commercial and public non-residential applications.
The market forecast for the next five years is that alarms will reach £2813 million in 2006 – an increase of 6% compared to 2002.
*For further details contact Market & Business Development, Barnett House, 53 Fountain Street, Manchester M2 2AN. Telephone 0161 247 8600.
Source
Security Installer
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