Fire Extinguishers Market by Product (Carbon Dioxide (CO2) Fire Extinguishers, Foam Fire Extinguishers, Metal-Based Fire Extinguishers), Fire Type, End-User

List of Tables

[180 Pages Report] The Fire Extinguishers Market size was estimated at USD 3.33 billion in 2023 and expected to reach USD 3.51 billion in 2024, at a CAGR 5.76% to reach USD 4.94 billion by 2030.

The fire extinguisher market includes sales, production, and maintenance of fire extinguishing devices designed to eliminate or control small fires in emergencies. The fire extinguisher market is primarily driven by increasing awareness regarding fire safety norms and stringent regulations imposed by governments globally to ensure the installation of fire extinguishing devices in buildings and vehicles. The growth of industrial sectors and construction industries and the advent of smart fire extinguishing technologies such as IoT-enabled fire extinguishers contribute to the market expansion. However, market growth is hampered by stringent environmental regulations regarding the use of certain fire extinguishing agents. Inadequate knowledge and training regarding the correct use of fire extinguishers also present significant challenges for market growth. Moreover, ongoing advancements in technology for smarter fire extinguishing solutions, such as AI and IoT for real-time monitoring and control, present significant opportunities for market expansion. Additionally, focusing on comprehensive training programs and educational campaigns about fire safety and the correct usage of fire extinguishers can drive market growth by ensuring effective demand for fire extinguishers.

KEY MARKET STATISTICS
Base Year [2023]	USD 3.33 billion
Estimated Year [2024]	USD 3.51 billion
Forecast Year [2030]	USD 4.94 billion
CAGR (%)	5.76%

Product: Rising preference for powder fire extinguishers for flammable liquids

Wet chemical fire extinguishers specialize in class K or F fires, typically involving cooking oils and fats. Wet chemical fire extinguishers work by spraying a mist of wet chemical agent that reacts with the oil or fat, creating a soapy substance on the surface that cools and extinguishes the fire, preventing re-ignition. Powder fire extinguishers are versatile and effective against class A, B, and C fires, which include combustible materials, flammable liquids, and gasses. Carbon Dioxide (CO2) fire extinguishers are primarily used for electrical fires (class E) and also work effectively on class B fires. Metal-based fire extinguishers, or Class D fire extinguishers, are designed for fires involving combustible metals such as magnesium, titanium, and sodium. Metal-based fire extinguishers extinguishers are essential in industries where combustible metals are processed or used, including laboratories, manufacturing facilities, and aviation sectors. Water fire extinguishers are effective against class A fires involving solid combustibles such as paper, wood, and textiles. Foam fire extinguishers are versatile and suitable for class A and B fires, offering an effective response to fires involving solids and liquids.

End-Users: Diverse applications of fire extinguishers in industrial and commercial sector

In commercial settings, fire extinguishers are integral to the fire safety infrastructure. Compliance with local fire safety regulations and standards is paramount for commercial end-users, necessitating regular maintenance, inspections, and employee training on properly using fire extinguishers. Industrial environments often utilize larger capacity fire extinguishers and units designed for specific types of fires, such as Class D fire extinguishers for metal fires. In residential settings, fire extinguishers serve as a vital line of defense against small fires, offering a means for immediate response that can prevent minor incidents from escalating into major emergencies. The most common types of fire extinguishers for residential use are the multipurpose models designed to tackle most types of home fires, including those involving ordinary combustibles, flammable liquids, and electrical equipment.

Regional Insights

In the United States, stringent regulations by the National Fire Protection Association (NFPA) and increasing awareness about fire safety among individuals and businesses are key drivers for market growth. In the Americas region, recent investments have been directed towards smart fire extinguishing solutions, incorporating IoT for better fire management and response. Canada's market shares similarities with the U.S., strongly emphasizing compliance with national standards and a high consumer awareness level. The European market is highly regulated, focusing strongly on product certification and environmental standards. The European Commission's active role in safety legislation promotes the adoption of advanced fire safety technologies. The Middle East has seen a surge in construction activities, particularly in the Gulf Cooperation Council (GCC) countries, leading to increased demand for fire extinguishers. The growing emphasis on fire safety in commercial sectors drives the demand for basic and advanced fire extinguishing products in Africa. In the APAC region, China's rapid industrial growth and urbanization have led to a spike in demand for fire extinguishers. The APAC market is characterized by stiff competition, driving regional innovation and research. The Japanese government's stringent safety regulations have led to the adoption of innovative fire extinguishing solutions, including robotic firefighting technology. India's fire extinguisher market is driven by rapid urban development and a heightened focus on infrastructure safety.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Fire Extinguishers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Fire Extinguishers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Fire Extinguishers Market, highlighting leading vendors and their innovative profiles. These include Amerex Corporation, ANAF S.p.A., Badger Fire Protection, Bavaria Brandschutz Industrie GmbH & Co. KG, Britannia Fire Ltd., Buckeye Fire Equipment, Desautel SAS, Fike Corporation, FireBlitz Extinguisher Ltd., Gielle Industries, Halma PLC, Honeywell International, Inc., Jiangshan Fire Fighting Equipment Co., Ltd., Johnson Controls, Kanexfire, Kidde by Carrier Company, Minimax by Gunnebo AB, Naffco FZCO, Robert Bosch GmbH, Rusoh, Inc,, Safeguard Industries, Safety Technology International, Inc. by Bridgepoint, Siemens AG, Supremex Equipments, and Viking Group Inc..

Market Segmentation & Coverage

This research report categorizes the Fire Extinguishers Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Carbon Dioxide (CO2) Fire Extinguishers
- Foam Fire Extinguishers
- Metal-Based Fire Extinguishers
- Powder Fire Extinguishers
- Water Fire Extinguishers
- Wet Chemical Fire Extinguishers

Fire Type
- Class A
- Class B
- Class C
- Class D
- Class K

End-User
- Commercial
- Industrial
- Residential

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Fire Extinguishers Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Fire Extinguishers Market?

3. What are the technology trends and regulatory frameworks in the Fire Extinguishers Market?

4. What is the market share of the leading vendors in the Fire Extinguishers Market?

5. Which modes and strategic moves are suitable for entering the Fire Extinguishers Market?

Product Code: MRR-F97DD5A7DE56

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing awareness regarding fire safety norms in residential & commercial sector
  - 5.1.1.2. Significant growth of industrial sectors, necessitating efficient fire extinguisher solutions
  - 5.1.1.3. Stringent government regulations worldwide to ensure installation of fire extinguishing devices in buildings and vehicles
- 5.1.2. Restraints
  - 5.1.2.1. Inadequate knowledge and training regarding the appropriate use of fire extinguishers
- 5.1.3. Opportunities
  - 5.1.3.1. Development of eco-friendly fire extinguishing agents, minimizing environmental impact
  - 5.1.3.2. Ongoing technological advancements including IoT-enabled fire extinguishers
- 5.1.4. Challenges
  - 5.1.4.1. Stringent environmental regulations regarding the use of certain fire extinguishing agents
5.2. Market Segmentation Analysis
- 5.2.1. Product: Rising preference for powder fire extinguishers for flammable liquids
- 5.2.2. End-Users: Diverse applications of fire extinguishers in industrial and commercial sector
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Fire Extinguishers Market, by Product

6.1. Introduction
6.2. Carbon Dioxide (CO2) Fire Extinguishers
6.3. Foam Fire Extinguishers
6.4. Metal-Based Fire Extinguishers
6.5. Powder Fire Extinguishers
6.6. Water Fire Extinguishers
6.7. Wet Chemical Fire Extinguishers

7. Fire Extinguishers Market, by Fire Type

7.1. Introduction
7.2. Class A
7.3. Class B
7.4. Class C
7.5. Class D
7.6. Class K

8. Fire Extinguishers Market, by End-User

8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Residential

9. Americas Fire Extinguishers Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Fire Extinguishers Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Fire Extinguishers Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. CheckFire Ltd. Launches Eco-Friendly Envirofoam Fire Extinguisher Range
- 12.3.2. PACT, Fireproof Solutions Launch Fire Extinguishing Solution for Lithium-Ion Batteries
- 12.3.3. LifeSafe Launches New All-in-one Fire Extinguisher for 10 Fire Types
12.4. Strategy Analysis & Recommendation

13. Competitive Portfolio

13.1. Key Company Profiles
13.2. Key Product Portfolio