Morley-IAS reveals impact on life safety industry
Morley-IAS survey findings show that cost overrides all other considerations in choosing a life safety system due to the recent economic downturn.
The tough economic climate has had a dramatic impact on the life safety industry, with customers putting off systems replacement and instead settling for limited refurbishment or adopting a make do and mend maintenance approach to their existing system.
This is likely to continue, as fewer than 20 per cent have yet to witness any green shoots of recovery.
These were among the main findings of the latest survey of fire safety systems integrators, designers and maintenance providers undertaken on behalf of Morley-IAS at a recent industry seminar.
More than two-thirds of respondents confirmed that their business has seen a decrease in life safety projects over the previous 12 months, with fewer than 10 per cent achieving a sales increase over the same period.
In a series of further findings, the survey confirmed that the issue of independent accreditation of both fire safety equipment and its installation will move up the buying agenda as the economy starts to recover.
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