ADT 2001 Annual Report Download - page 11

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9
> Tyco’s Fire and Security Services segment operates in an ideal growth market. And, despite our market
leading positions, the market remains fragmented. Global market penetration is low, demand for products and
services is rising quickly, recurring revenue is a large and growing part of the business and many opportunities for
consolidation exist around the world. Tyco is the world leader in both electronic security monitoring and
fire protection installation and inspection. In security monitoring, Tyco reaps the advantages of scale with
acquisitions because we can serve acquired customers from our existing monitoring stations. We are a global leader in
airport security systems built around digital closed-circuit TV cameras and specialized exit/entry access points. In fire
protection and inspection, Tyco wins business not only because of the quality of its work but because it can easily serve
global customers with consistent products and services. Tyco Valves & Controls is the world’s largest manufacturer of
industrial valves and control products and is a leader in heat-tracing technology.
FIRE AND SECURITY SERVICES
WORLDWIDE LOCATIONS: NORTH AMERICA & THE CARIBBEAN: BAHAMAS, BARBADOS, CANADA, DOMINICAN REPUBLIC, HAITI, JAMAICA,
MEXICO, PUERTO RICO, TRINIDAD/TOBAGO, UNITED STATES, U.S. VIRGIN ISLANDS CENTRAL & SOUTH AMERICA: ARGENTINA, BRAZIL, CHILE,
COLOMBIA, COSTA RICA, ECUADOR, EL SALVADOR, GUATEMALA, HONDURAS, NICARAGUA, PANAMA, PARAGUAY, PERU, URUGUAY, VENEZUELA
EUROPE, AFRICA & MIDDLE EAST: AUSTRIA, BAHRAIN, BELGIUM, CYPRUS, CZECH REPUBLIC, DENMARK, EGYPT, FINLAND, FRANCE, GERMANY,
GREECE, HUNGARY, ISRAEL, ITALY, KUWAIT, LIECHTENSTEIN, LUXEMBOURG, NETHERLANDS, NORTHERN IRELAND, NORWAY, PAKISTAN, POLAND,
REPUBLIC OF IRELAND, ROMANIA, RUSSIA, SAUDI ARABIA, SLOVAK REPUBLIC, SOUTH AFRICA, SPAIN, SWEDEN, SWITZERLAND, UNITED ARAB
EMIRATES, UNITED KINGDOM FAR EAST & AUSTRALIA: AUSTRALIA, BRUNEI, CHINA, FIJI, GUAM, HONG KONG, INDIA, INDONESIA, JAPAN,
MALAYSIA, NEW ZEALAND, PHILIPPINES, SINGAPORE, SOUTH KOREA, SRI LANKA, TAIWAN, THAILAND, VIETNAM
GROWTH DRIVERS
SECULAR GROWTH > Growing worldwide demand with low market penetration
MARKET POSITION > # 1 in security, fire protection and valves and controls worldwide
Leadership position provides enormous scale advantages
GEOGRAPHIC OPPORTUNITIES > Non-U.S. electronic security market offers substantial
growth potential
ACCELERATING SUBSCRIBER GROWTH > Low attrition rate
9