The global market for Fire Extinguishers is estimated at US$5.6 Billion in 2023 and is projected to reach US$9.7 Billion by 2030, growing at a CAGR of 8.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the fire extinguishers market is driven by several factors, including increased awareness of safety protocols, regulatory compliance demands, and technological advancements. As building codes become stricter and occupational health and safety regulations are enforced more rigorously, the installation of fire extinguishers is becoming mandatory in more types of buildings and vehicles, both in developed and developing countries. Additionally, rising urbanization and the resulting increase in residential and commercial construction projects contribute to the demand for fire safety devices, including extinguishers.
Technological innovations that improve the effectiveness and environmental safety of fire extinguishers also play a crucial role in driving market growth. Moreover, as consumer behavior shifts towards prioritizing safety and sustainability, demand for advanced, eco-friendly fire extinguishers is expected to rise, ensuring steady growth in the market.
The growth in the fire extinguishers market is driven by several factors, including increased awareness of safety protocols, regulatory compliance demands, and technological advancements. As building codes become stricter and occupational health and safety regulations are enforced more rigorously, the installation of fire extinguishers is becoming mandatory in more types of buildings and vehicles, both in developed and developing countries. Additionally, rising urbanization and the resulting increase in residential and commercial construction projects contribute to the demand for fire safety devices, including extinguishers.
Technological innovations that improve the effectiveness and environmental safety of fire extinguishers also play a crucial role in driving market growth. Moreover, as consumer behavior shifts towards prioritizing safety and sustainability, demand for advanced, eco-friendly fire extinguishers is expected to rise, ensuring steady growth in the market.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Dry Chemical & Dry Powder Fire Extinguishers segment, which is expected to reach US$6.4 Billion by 2030 with a CAGR of a 8.0%. The Carbon Dioxide Fire Extinguishers segment is also set to grow at 9.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $1.6 Billion in 2023, and China, forecasted to grow at an impressive 9.8% CAGR to reach $1.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Fire Extinguishers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Fire Extinguishers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Fire Extinguishers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Fike Corporation, Ceasefire Industries Pvt., Ltd., Churches Fire Security Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 711 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 5.6 Billion |
| Forecasted Market Value ( USD | $ 9.7 Billion |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
