Global Fire Extinguishers Industry Analysis Report 2023: Rising Investments in Real Estate Projects Extend New Opportunities - Forecasts to 2030

DUBLIN, Oct. 10, 2023 /PRNewswire/ -- The "Fire Extinguishers - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

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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