Global Fire Extinguishers Market, By Product Type (Portable Fire Extinguisher, Trolley Mounted, Other), Agents Type (Dry Chemical, Foam, Carbon Dioxide, Others), Fire Type (Class A, Class B, Class C, Class D, Class E, Class F), End-Use (Industrial, Commercial, Residential) - Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Fire Extinguishers Market
The fire extinguishers market is expected to witness market growth at a rate of 5.60% in the forecast period of 2022 to 2029. Data Bridge Market Research report on fire extinguishers market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. Rapid urbanization is escalating the growth of fire extinguishers market.
A fire extinguisher refers to a portable safety device that is generally utilized mostly for extinguishing the small fires during emergency. It assist in reducing potential destruction before the arrival of fire-fighters. The device consists of cylinder that has an extinguishing agent, a handle a nozzle and a pressure gauge.
The increase in the number of fire fatalities in homes and businesses across the globe acts as one of the major factors driving the growth of fire extinguishers market. The introduction of stringent safety norms by government to prevent any unexpected incident on account of fire outbreaks, and rise in construction of commercial spaces accelerate the market growth. The expansion of product portfolio by including compact, lightweight and cost-efficient fire extinguishers, and investment in merger and acquisitions (M&A) to expand their consumer-base further influence the market. Additionally, increase in food expenditure, change in lifestyle, surge in the disposable income of people and growing awareness positively affect the fire extinguishers market. Furthermore, increase in preference for eco-friendly and gas- or powder-based fire extinguishers extend profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, increased price of raw material is expected to obstruct the market growth. The risk in terms of mild respiratory, skin, or eye irritation is projected to challenge the fire extinguishers market in the forecast period of 2022-2029.
This fire extinguishers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on fire extinguishers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Fire Extinguishers Market Scope and Market Size
The fire extinguishers market is segmented on the basis of product type, agents type, fire type and end-use. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the fire extinguishers market is segmented into portable fire extinguisher, trolley mounted and other.
- On the basis of agents type, the fire extinguishers market is segmented into dry chemical, foam, carbon dioxide and others.
- On the basis of fire type, the fire extinguishers market is segmented into class A, class B, class C, class D, class E, class F.
- Based on end-use, the fire extinguishers market is segmented into industrial, commercial and residential.
Fire Extinguishers Market Country Level Analysis
The fire extinguishers market is analyzed and market size, volume information is provided by country, product type, agents type, fire type and end-use as referenced above.
The countries covered in the global fire extinguishers market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the fire extinguishers market because of the rise in construction activities within the region. Asia-Pacific is expected to witness growth during the forecast period of 2022 to 2029 due to the implementation of strict fire norms in the region.
The country section of the commercial refrigerator and freezer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Lecithin and Fire Extinguishers Market Share Analysis
The fire extinguishers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to fire extinguishers market.
Some of the major players operating in the fire extinguishers market report are BRK Brands, Inc, Amerex Corporation, Nationwide Fire Extinguishers, Johnson Controls, Ansul, Carrier, Rusoh, Inc, Kidde, BRK Brands, Inc, Kanexfire, United Technology Corporation, Ceasefire Industries Pvt Ltd, Jocket, Tyco Fire Protection Products, DESAUTEL, Britannia Fire Ltd, Ceasefire Industries Pvt.Ltd, Schmitz Cargobull, Honeywell Industries Inc, and Shanghai Jindun Fire Fighting Security Equipemnt Co,Ltd., among others.
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