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Euralarm Annual Report 2015-2016 shows importance of European electronic fire safety and security market

Euralarm Annual Report 2015-2016 shows importance of European electronic fire safety and security market

Zug, Switzerland. Euralarm, the association representing the European electronic fire and security industry, has released its Annual Report 2015-2016.

The report features in-depth information on the association and the markets it represents, based on a study published by the European Commission on the ‘Development of statistical data on the European Security and Technological Industrial Base’.

Statistics mentioned in the Euralarm Annual Report 2015-2016 notably relate to the current state of the production, workforce and size of the industry, its strengths and weaknesses.

The total market value of the fire safety and security sector represented by Euralarm reaches this year €67 billion. Systems represent 48% of the market, services 32% and products 20%. The expected market growth in the electronic fire safety and security sector over the next five years is 11%. Although this figure follows natural inflation, it places our industry as one of the leading sectors in the European Union in terms of growth.

Euralarm itself represent over 5000 companies within the electronic fire safety and security industry sector. In terms of employment, companies involved in industrial sectors covered by Euralarm’s activities represent nearly 700.000 jobs, most of them highly qualified. The electronic fire safety and security industry represented by Euralarm is characterised by a high percentage of SMEs, representing 95 % of all companies in the sector.

Euralarm members’ impact is also key to several societal sectors. Research in electronic safety and security currently represents a €5.7 billion market. In terms of manufacturing, Euralarm members’ industrial base represents 35% of their activities. Finally, an internal Euralarm estimate establishes that in 60 years, its members’ fire alarm systems alone have saved approximately 100.000 lives.

Over the period running from May 2015 to end of April 2016, Euralarm implemented a new organisational structure including recruiting a new Secretary General, Julie Hanson and a new Communications Manager, Piotr Pogozelski. The trade association also improved its presence in Brussels, with the objective to develop its positive relationship with the European Commission, Parliament and CEN/CENELEC. About 50 meetings took place over the year with various European Union (EU) officials and organisations.

“Thanks to Euralarm – they say from the association's Headquarters – the electronic fire safety and security industry’s voice is stronger than ever, sustained by the increasing strategic and economic importance of the sector for the EU”.

Copies of the Euralarm Annual Report can be downloaded from the website www.euralarm.org.

by The Editorial Staff

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