IMS Research News

The global fire market regroups after 3-percent decline in 2009, according to IMS report

IMS Research reports says global fire market declined by 3 per cent during 2009 IMS Research estimates the global fire market to have declined by some -3.0% during 2009.Nobody it seems was able to escape the damaging effects of the global economic depression. In its latest fire detection and suppression report, IMS Research (www.imsresearch.com) estimates the global fire market to have declined by some -3.0% during 2009, with the market not set to recover to pre-re...

IMS Research reports new era in China's fire detection and suppression industry

The Chinese security market for fire detection and suppression products will be worth over $1 billion by 2014 Recent amendments to China's fire laws will breathe new life into the region's fire detection and suppression industry. The impact is quantified in a new report by IMS Research, which estimates that by 2014, the Chinese market for fire detection and suppression products will be worth over $1 billion, growing at a CAGR of 12.9% (2009-2014). The driving force behind t...

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