Global Fire Extinguishers Industry Analysis Report 2023: Rising Investments in Real Estate Projects Extend New Opportunities - Forecasts to 2030
Wednesday, October 18, 2023
DUBLIN, Oct. 10, 2023 /PRNewswire/ -- The "Fire Extinguishers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
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Global Fire Extinguishers Market to Reach $9.7 Billion by 2030
In 2022, the global market for fire extinguishers was valued at approximately $5.2 billion. It is anticipated to expand to around $9.7 billion by 2030, showcasing a compound annual growth rate (CAGR) of 8% during the period from 2022 to 2030.
This market analysis encompasses various fire extinguisher types, including dry chemical & dry powder, carbon dioxide, foam-based, and other product variants. These cater to a wide range of applications, such as portable, trolley-mounted, industrial, commercial, and other end-uses. This report serves as a valuable resource for industry professionals and decision-makers who seek insights into historical, current, and future trends in the fire extinguisher market.
Specifically, the dry chemical & dry powder segment, as analyzed in this report, is expected to achieve a CAGR of 7.9% and reach a market value of $6.4 billion by the end of the analysis period. The carbon dioxide segment is also projected to grow at a CAGR of 9.5% over the next eight years.
The United States market is estimated to be worth $1.5 billion, while China is forecasted to experience a CAGR of 9.7%, resulting in a market size of approximately $1.8 billion by 2030.
This comprehensive report offers an in-depth examination of the global fire extinguisher market across various geographical regions, including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. The analysis provides annual sales projections from 2022 to 2030, along with historical data from 2014 to 2021. Furthermore, it offers a 16-year perspective covering the years 2014, 2023, and 2030.
In 2022, the fire extinguisher market in the United States was estimated to be valued at $1.5 billion. Meanwhile, China, as the world's second-largest economy, is expected to reach a projected market size of $1.8 billion by 2030, with a CAGR of 9.7% over the analysis period from 2022 to 2030.
Notable geographic markets in this analysis include Japan and Canada, both forecasted to grow at rates of 6.1% and 8%, respectively, over the period from 2022 to 2030. Within Europe, Germany is also anticipated to experience growth at an approximate CAGR of 6%.
What`s New?
-- Special discussions on the global economic climate and market sentiment
-- Coverage on global competitiveness and key competitor percentage market
shares
-- Market presence analysis across multiple geographies -
Strong/Active/Niche/Trivial
-- Online interactive peer-to-peer collaborative bespoke updates
-- Access to digital archives and trademarked research platform
-- Complimentary updates for one year
-- Access to curated YouTube video transcripts of market sentiments shared
by CEOs, domain experts and market influencers via interviews, podcasts,
press statements and event keynotes
MARKET OVERVIEW
-- Influencer Market Insights
-- World Market Trajectories
-- Fire Extinguishers - Global Key Competitors Percentage Market Share in
2022 (E)
-- Impact of Covid-19 and a Looming Global Recession
-- 2020: A Year of Disruption & Transformation
-- As the Race between the Virus & Vaccines Intensifies, Where is the World
Economy Headed in 2021
-- World Economic Growth Projections (Real GDP, Annual % Change) for 2020
through 2022
-- Market Direction in Fire Protection Systems Market Remain Strongly
Influenced by Trends in the Construction Sector
-- Global Construction Reset & Trajectory - Growth Outlook (In %) For Years
2019 Through 2025
-- Competitive Market Presence - Strong/Active/Niche/Trivial for Players
Worldwide in 2022 (E)
-- Fire Safety & Security: An Introductory Prelude
-- Manual & Automatic Technologies for Comprehensive Fire Safety Strategy:
A Snapshot
-- Fire Extinguishers: A Prominent Segment in Safety and Security Industry
-- Types of Fire and Technologies to Counter Them
-- Fire Extinguishing Agents
-- Fire Extinguisher Types: Based on Agents
-- Market Outlook
-- Developing Countries Lend Traction
-- Recent Market Activity
-- World Brands
MARKET TRENDS & DRIVERS
-- Increasing Inclination towards Safety and Security Boosts the Demand for
Fire Extinguishers
-- Percentage Distribution of Causes of Fire: 2020
-- Percentage Distribution of Causes of Fires at Home: 2020
-- Select Fire Event Related Stats Highlighting the Importance of Fire
Extinguishers
-- Property Damage (In US$ Billion) in the US Caused by Structure Fires for
the Years 2010-2019
-- Steady Increase in Government Expenditure on Fire Protection Services
Boosts Market Prospects f: UK Government Expenditure (In Billion GBP) on
Fire Protection Services for the Years 2015, 2016, 2017, 2018 & 2019
-- Implementation of Stringent Regulations and Policies Boost Growth
-- Drones Emerge as Highly Flexible Firefighting Medium for Wildfires
-- Amount of Land Burned in Million Acres in te US Due to Wildfires: 2000,
2005, 2010, 2015, and 2020
-- Number of Large scale Fires in Europe: March 2021 - August 2021
-- Drone Technology Stays Ahead in Race to Deal with High-Rise Fires
-- Damage Distribution to High-Rise Structures by Type
-- Completions of 200-Meter-Plus Buildings: 2010-2021
-- Recovery in Recovery in Construction Activity Bodes Well for Market
Growth
-- Global Construction Spending in US$ Trillion: 2015, 2020, 2025, 2030,
and 2035
-- Rising Investments in Real Estate Projects Extend New Opportunities
-- Wheeled Fire Extinguishers Ideal for Large Construction Sites
-- Mounting Burden of Building Fires Widens Demand
-- Growing Emphasis on Type Specific Fire Extinguishers
-- Healthcare Facilities Increasingly Integrate Fire Extinguishers in
Building Security Mix
-- Fire Extinguishers Assume Critical Importance in Industrial
Manufacturing Sites
-- Warehouses & Logistics Sites Prioritize Fire Extinguishers to Avoid
Inventory Losses
-- Smart Cities to Drive Future Growth
-- Global Smart City Investments (In US$ Billion) for Years 2021, 2024,
2027
-- Growing Role of Fire Extinguishers in Data Centers
-- Global Data centers Market Growth Outlook (In %) For Years 2019 Through
2025
-- Fire Safety Remains an Integral Part of Modern Data Centers
-- Urbanization: A Key Growth Driver
-- World Urban Population in Million and as Percentage of Total Population
for the Period 1950-2050P
-- Degree of Urbanization Worldwide: Urban Population as a % of Total
Population by Geographic Region for the Years 1950, 1970, 1990, 2018,
2030 and 2050
-- Fire Extinguishers in RVs: A Growing Segment
-- Rising Need for Fire Extinguishers for Commercial Kitchens
-- IoT-Ready Fire Extinguishers Come to the Fore
-- Emphasis on Leveraging New Technologies Bodes Well
-- Promising Technologies Trending Big in Fire Extinguishers Space
-- Select Innovative Products
-- Sonic Fire Extinguisher: An Innovative Offering
-- Universal Feuerloschgerate Develops Fire Extinguisher with IoT Sensor
Technology
-- en-gauge Fire Extinguishers with High Reliability
-- F.A.C.E Features Self-Activation Capability
-- Elide Fire USA Develops Elide Fire Extinguishing Ball
-- Portable Fire Extinguisher & Water Can: The Power of Two to Douse Small
Fires
-- Throwable Fire Extinguisher
-- Oval Fire Extinguishers
-- Industry Witnesses Rise of Eco-Friendly Fire Extinguishing Solutions
-- Clean Fire Extinguishing Agents
-- Fluorine-Free Foams (F3)
-- Water Mist Suppression Systems
-- Plant-based Sustainable Fire Extinguishers to Douse Concerns over
Greenhouse Gases
-- CASP Aerospace Introduces Eco-friendly 375H673 Portable Fire
Extinguishers
-- US Military Bets on NIST Solution to Douse Vehicle & Aircraft Fires with
Eco-Friendly Chemicals
-- Rise of Human-Safe Fire Extinguishers that are Good for Environment
-- Product Labeling Inextricably Linked to Fire Extinguisher Brand
Recognition
-- Compliance Labeling
-- Stored Pressure Fire Extinguishers and Cartridge-Operated Fire
Extinguishers: A Review
FOCUS ON SELECT PLAYERS (Total 218 Featured)
-- Fike Corporation
-- Ceasefire Industries Pvt., Ltd.
-- Churches Fire Security Ltd.
-- Firetrace International
-- First Alert, Inc.
-- Bull Products Ltd.
-- H3R Aviation, Inc.
-- Firetronics Pte., Ltd.
-- Chubb Fire & Security Group
-- A Total Solution, Inc.
-- Academy Fire
-- Allied Protection
-- DSPA
-- Flameguard Fire Equipment, Inc
-- Akshit Fire Safety & Services
For more information about this report visit https://www.researchandmarkets.com/r/ey1yr4
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