PUBLISHER: Lucintel | PRODUCT CODE: 1154025
PUBLISHER: Lucintel | PRODUCT CODE: 1154025
Fire Extinguisher Market Trends and Forecast
The future of the fire extinguisher market looks promising with opportunities in the industrial, residential, commercial, and transportation industries. The fire extinguisher market is expected to reach an estimated $6.6 billion by 2027 with a CAGR of 5.1% from 2021 to 2027. The major drivers for this market are increasing fire incidents, stringent fire safety norms, and growth in the construction industry.
Emerging Trends in the Fire Extinguisher Market
An emerging trend, which has a direct impact on the dynamics of the industry, include sound based fire extinguisher.
A total of 107 figures / charts and 68 tables are provided in this 205-page report to help in your business decisions. Learn the scope of benefits, companies researched, and other details of the fire extinguisher market report.
Fire Extinguisher Market by Segment
Fire Extinguisher Market by Product Type [$M shipment analysis from 2016 to 2027]:
Fire Extinguisher Market by End Use Industry [$M shipment analysis from 2016 to 2027]:
Fire Extinguisher Market by Region [$M shipment analysis from 2016 to 2027]:
US
Canada
Mexico
Germany
The United Kingdom
France
Russia
China
Japan
India
South Korea
Brazil
Argentina
List of Fire Extinguisher Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fire extinguisher companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fire extinguisher companies profiled in this report includes.
Fire Extinguisher Market Insight
Features of Fire Extinguisher Market
FAQ
Q1. What is the fire extinguisher market size?
Answer: The global fire extinguisher market is expected to reach an estimated $6.6 billion by 2027.
Q2. What is the growth forecast for fire extinguisher market?
Answer: The fire extinguisher market is expected to grow at a CAGR of 5.1% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the fire extinguisher market?
Answer: The major drivers for this market are increasing fire incidents, stringent fire safety norms, and growth in the construction industry.
Q4. What are the major applications or end use industries for fire extinguisher?
Answer: Industrial and commercial are the major end use industries for fire extinguisher.
Q5. What are the emerging trends in fire extinguisher market?
Answer: An emerging trend, which has a direct impact on the dynamics of the industry, include sound based fire extinguisher.
Q6. Who are the key fire extinguisher companies?
Answer: Some of the key fire extinguisher companies are as follows:
Q7. Which fire extinguisher product segment will be the largest in future?
Answer: Lucintel forecasts that dry chemical and powder based extinguishers will remain the largest market as these extinguishers are suitable for Class A, B, and C fire type
Q8 : In fire extinguisher market, which region is expected to be the largest in next 5 years?
Answer: Asia Pacific is expected to remain the largest region and witness the highest growth over next 5 years.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.