Fire Protection Market - China Showed Impressive Growth in Exports of Electric Burglar and Fire Alarms in 2014, with $938M

Communication Equipment August 05, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

fire protection market

China continued its dominance in the global electric burglar or fire alarms and similar apparatus trade. In 2014, China exported 10 thousand tonnes of electric burglar or fire alarms and similar apparatus totaling 938 million USD, 17% over the previous year. Its primary trading partner was the U.S., where it supplied 40.2% of its total exports on the fire protection market in value terms, accounting for 76.0% of the U.S.'s total imports.

From 2007 to 2014, China was a net exporter of electric burglar or fire alarms and similar apparatus. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced.

The United Kingdom and the U.S. were among the other main global suppliers of electric burglar or fire alarms and similar apparatus in 2014. However, the fastest growing exporters from 2007 to 2014 were China (+6.9% per year) and Ireland (+22.5% per year). With this sustained growth, China was able to significantly strengthen its position in the global export structure.

In 2014, China's top 5 trading partners were the U.S., the United Kingdom, France, the Netherlands and Canada, with a combined 67.6% share 67.6% of China's electric burglar or fire alarms and similar apparatus exports. The share of the U.S. increased (+7.8 percentage points), while the share of Japan illustrated negative dynamics (-3.0 percentage points).

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Source: World: Electric Burglar Or Fire Alarms And Similar Apparatus - Market Report. Analysis and Forecast to 2020