The UK access control market is set to grow at a healthy 3.6 per cent in 2002, according to a just published analysis from Plimsoll.
The UK access control market is set to grow at a healthy 3.6 per cent in 2002, according to a just published analysis from Plimsoll. This will only be good for some, the industry analysts warn, as this growth will not be seen across the entire industry. Studying the latest figures from the largest 154 companies in the access control industry, market analysts Plimsoll revealed that a third of the industry may not see growth at all and could lose 9.7 per cent of sales on average this year. Adding to their distress well over half of these companies saw profits fall in 2001 and almost 41 per cent are currently loss making. Despite these factors very few reduced staff and only 52 per cent made attempts to reduce their asset base. Plimsoll’s First Edition names 50 companies that shared an astonishing 18pc growth last year. Within this group, 13 companies individually increased sales by a minimum of 47.9pc last year! Many of these high growth companies are quite large. In fact, five of them make up part of the largest 50 companies in the UK
access control industry. Plimsoll has named some of the highest market share earners. Listed below are the current top five in the access control industry (order of listing corresponds to overall size of company, largest to smallest): 47.9pc Bewator Group; 68.6pc Town Centre Car Parks; 96.4pc Pearce Security Systems; 133.6pc Nedap GB; 257.3pc Receptors Security Systems (UK). In analysing the largest 154 players in the access control industry through the graphical Plimsoll Model, the individual strengths and weaknesses of every company are revealed. David Pattison, Senior Analyst at Plimsoll, says: ?I don’t think directors realise how necessary it is to know how other companies in the market are performing. Quite honestly every director must factor in competitive behaviour into their own company thinking. Plimsoll hopes to put this revealing information in the hands of the decision maker.? Priced at œ305 this 174-page publication reveals trends in performance over the last four years. Order by calling Plimsoll on 01642 626400 and receive a five per cent discount and free next day delivery. Visit www.plimsoll.co.uk.
