Fire Extinguishers Market by Product, End-user, Extinguishing Agent, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR40883
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The fire extinguishers market size is expected to grow by USD 1.54 billion and record a CAGR of 4.94% during 2021-2025.

This post-pandemic fire extinguishers market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this fire extinguishers market analysis report, key drivers such as implementation of stringent fire safety regulations have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as increasing environmental concerns associated with foam-based extinguishers, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Fire Extinguishers Market Size be in 2021?

Fire-Extinguishers-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Fire Extinguishers Market?

The fire extinguishers market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Activar Construction Products Group Inc.
  • Ceasefire Industries Pvt. Ltd.
  • DESAUTEL
  • Feuerschutz Jockel GmbH and Co. KG
  • HOCHIKI Corp.
  • Johnson Controls International Plc
  • McWane Inc.
  • Minimax GmbH and Co. KG
  • Newell Brands Inc.
  • Raytheon Technologies Corp.

 

The fire extinguishers market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This fire extinguishers market report further entails segmentation by product (portable, knapsack, and wheeled), end-user (commercial, industrial, and residential), extinguishing agent (dry chemical, foam, carbon dioxide, and others), and geography (North America, APAC, Europe, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Fire Extinguishers Market?

Fire-Extinguishers-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. APAC will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

37% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for fire extinguishers in the region. This report provides estimations of the contribution of all regions to the growth of the fire extinguishers market size.

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What are the Key Factors Covered in this Fire Extinguishers Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive fire extinguishers market growth during the next five years
  • Precise estimation of the fire extinguishers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the fire extinguishers industry across North America, APAC, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of fire extinguishers market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The fire extinguishers market growth will increase by $1536.81 million during 2020-2025.
The fire extinguishers market is expected to grow at a CAGR of 4.94% during 2020-2025.
Technavio has segmented the fire extinguishers market by geographic (North America, APAC, Europe, South America, and MEA).
Activar Construction Products Group Inc., Ceasefire Industries Pvt. Ltd., DESAUTEL, Feuerschutz Jockel GmbH and Co. KG, HOCHIKI Corp., Johnson Controls International Plc, McWane Inc., Minimax GmbH and Co. KG, Newell Brands Inc., Raytheon Technologies Corp. are a few of the key vendors in the fire extinguishers market.
APAC will register the highest growth rate of 37.03% among the other regions. Therefore, the fire extinguishers market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the fire extinguishers market growth are:
  • Implementation of stringent fire safety regulations
The fire extinguishers market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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