Reports
Global Fire Extinguisher Market: Regional Analysis; Key Segmentation and Scope; Industry Opportunities and Challenges; Market Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Trade Data Analysis; Industry Events and Developments; Manufacturing Process; Competitive Landscape, 2024-2032
Fire Extinguisher Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices
The global Fire Extinguisher market reached a value of about USD 4.5 billion in 2021. The industry is projected to grow at a CAGR of around 5.4% in the forecast period of 2022-2027 to reach a value of about USD 6.17 billion by 2027.
The global Fire Extinguisher industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The rising need for fire safety in a wide range of industries is driving the market growth. Europe is the highest category spender by region that is driving the demand for the Fire Extinguisher industry.
Industry Definition and Segmentation
A fire extinguisher is a transportable safety device extensively used to extinguish minor flames during emergencies and reduce possible damage before firefighters arrive. The Fire Extinguisher industry report comprises segments by Product (Portable, Knapsack, Wheeled), Extinguishing Agent (Dry Chemical (Powder), Foam, Carbon Dioxide, Others), Fire (Class A, Class B, Class C, Class D, Class K), by Application (Industrial, Commercial, Residential) and Region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
European Region is Driving the Growth of the Industry
Europe is the leading region in the industry, accounting for a significant share due to increased building activity and the adoption of stringent fire safety laws.
The market is expanding as many governments enact stringent safety regulations to avert accidents caused by random fire breakouts. Furthermore, customers are the most observant of building and infrastructure fire rules; as a result, fire extinguisher inspection service providers must offer a variety of service alternatives based on inspection intervals and maintenance services. Fire extinguishing equipment is being pushed in homes, restaurants, hotels, schools, hospitals, offices, and factories. Extinguisher demand is bolstered by rising industrialisation rates and the expansion of trade zones, particularly in emerging nations. Also, insurance companies have a say in the market, including installing fire extinguishers in covered structures.
Best Procurement Practices
The global Fire Extinguisher industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Fire Extinguisher regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Category Management Studies
Fire extinguishers are classified as either stored-pressure or cartridge-operated. Different fuels are utilised depending on the agent. Nitrogen is commonly used in dry chemical extinguishers, whereas air is frequently utilised in wet and foam extinguishers. The extinguisher consists of an extinguishing agent cylinder, a nozzle, a handle, and a pressure gauge. It operates mainly by ejecting the extinguishing agent at a high pressure, which aids in cooling the flaming material, restraining the flame of oxygen, and meddling with the chemical reaction of the flame.
Developments in the Product, Further Boosting the Procurement of Fire Extinguisher
The industry is witnessing expansion owing to the various developments in the product. Market experts are developing eco-friendly, powder-based, or gas fire extinguishers that do not generate hazardous vapours. Furthermore, Sound wave fire extinguishers, water mist systems, early blocking quick response fire sprinkler systems (ESFR), integrated voice evacuation and messaging systems, customised vocal smoke alarms, and video image smoke detection are just a few of the best methods for faster and smarter innovations in the market that are making firefighting faster, more efficient, and simpler. As a result, the market is likely to propel forward.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
Key Industry Players Mentioned in the Fire Extinguisher Industry Report
- Amerex Corporation
- The Desautel Group
- Britannia Fire Ltd.
- BRK Brands, Inc.
- Ceasefire Industries Pvt. Ltd.
Market Landscape
The market's major players control a sizable revenue share and have a strong presence worldwide. Small-to-mid-sized firms also exist in the industry, which provides a limited variety of services and primarily serve local clients. When it comes to safety, consumers choose high-tech items. As a result, the industry's businesses are concentrating on technical developments. They offer environmentally safe, gas- or powder-based fire extinguishers that do not emit harmful gases. Compact, lightweight, and cost-effective fire extinguishers are also added to their product line. Various corporations also engage in mergers and acquisitions (M&A) to increase their customer base and develop their global market operations.
Key Initiatives by Companies
- Total safety has introduced its new SafeTek worker safety technology solutions, which are meant to help safeguard workers worldwide.
- A discussion concerning Smart Connected Things (SCoT) in fire prevention systems was presented at the NFPA Conference in June 2019, allowing both the owner and service provider to ascertain system health and execute inspection and testing duties remotely. In the ever-changing fire extinguisher inspection service market, linked devices are already becoming a key element. These machines can check and test fire extinguishers precisely, efficiently, and effectively.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fire Extinguisher Market Analysis
8.1 Key Industry Highlights
8.2 Global Fire Extinguisher Historical Market (2017-2021)
8.3 Global Fire Extinguisher Market Forecast (2022-2027)
8.4 Global Fire Extinguisher Market by Product
8.4.1 Portable
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Knapsack
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Wheeled
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Fire Extinguisher Market by Extinguishing Agent
8.5.1 Dry Chemical (Powder)
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Foam
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Carbon Dioxide
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Fire Extinguisher Market by Fire
8.6.1 Class A
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Class B
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 Class C
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Class D
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2017-2021)
8.6.4.3 Forecast Trend (2022-2027)
8.6.5 Class K
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2017-2021)
8.6.5.3 Forecast Trend (2022-2027)
8.7 Global Fire Extinguisher Market by Application
8.7.1 Industrial
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Commercial
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Residential
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.8 Global Fire Extinguisher Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Manufacturing Process
13.1 Overview
13.2 Operations Involved
13.3 Detailed Process Flow
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Company Profiles
14.3.1 Amerex Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Demographic Reach and Achievements
14.3.1.4 Certifications
14.3.2 The Desautel Group
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Demographic Reach and Achievements
14.3.2.4 Certifications
14.3.3 Britannia Fire Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Demographic Reach and Achievements
14.3.3.4 Certifications
14.3.4 BRK Brands, Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Demographic Reach and Achievements
14.3.4.4 Certifications
14.3.5 Ceasefire Industries Pvt. Ltd.
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Demographic Reach and Achievements
14.3.5.4 Certifications
14.3.6 Others
15 Industry Events and Developments
The global Fire Extinguisher market size was valued at USD 4.5 billion in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 5.4%.
The various developments in the sector are one of the essential drivers of the Fire Extinguisher market growth.
Amerex Corporation, The Desautel Group, Britannia Fire Ltd., BRK Brands, Inc., Ceasefire Industries Pvt. Ltd., and Others are some of the major companies in the market.
The Europe region of the Fire Extinguisher industry holds a significant share in the market.
The global Fire Extinguisher market attained a value of USD 4.5 billion in 2021, driven by the many governments enacting stringent safety regulations to avert accidents caused by random fire breakouts. Furthermore, Extinguisher demand is bolstered by rising industrialisation rates and the expansion of trade zones, particularly in emerging nations. Aided by the growing technological advancements, like eco-friendly, powder-based, or gas fire extinguishers, Sound wave fire extinguishers, water mist systems, early blocking quick response fire sprinkler systems (ESFR), integrated voice evacuation and messaging systems, customised vocal smoke alarms, and video image smoke detection the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5.4%. The market is projected to reach USD 6.17 billion by 2027. Some of the leading players in the industry are Amerex Corporation, The Desautel Group, Britannia Fire Ltd., BRK Brands, Inc., Ceasefire Industries Pvt. Ltd., and Others.
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