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Fire Extinguisher Market Trends

  • Report ID: GMI8365
  • Published Date: Mar 2024
  • Report Format: PDF

Fire Extinguisher Market Trends

Growing emphasis on environmentally friendly extinguishing agents to replace traditional chemicals with lower environmental impact. Manufacturers are developing alternatives to address concerns about ozone depletion and greenhouse gas emissions. Advances in materials and design to create compact and lightweight fire extinguishers, making them more portable and easier to handle. This trend is particularly relevant for residential and automotive applications. Increased adoption of automatic fire suppression systems in commercial and industrial settings. These systems use advanced technologies to detect and suppress fires without human intervention, complementing traditional fire extinguishers.
 

Improved designs for fire extinguisher cabinets, incorporating features like transparent or alarm-equipped doors for easy visibility and accessibility. Enhanced cabinets contribute to better aesthetics and compliance with safety standards. Growing popularity of fire extinguisher balls, which are spherical devices that automatically activate in the presence of flames. These can be thrown into a fire, providing an additional layer of fire suppression.

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of fire extinguisher was reached USD 10 billion in 2023 and is anticipated to register a CAGR of over 4.2% between 2024 and 2032, owing to stringent safety regulations.

The carbon dioxide segment held 31% share of the fire extinguisher market in 2023 and is anticipated to grow through 2032, as they are versatile and effective against multiple fire classes (A, B, and C).

North America fire extinguisher the current market held 19% revenue share in 2023, backed by the growth of commercial and industrial sectors.

Amerex Corporation, BRK Brands, Inc., Britannia Fire Ltd., Buckeye Fire Equipment Company, Desautel, First Alert, Inc., Flamestop Australia Pty Ltd., Hochiki Corporation, Johnson Controls International plc and Kidde Fire Systems (UTC Fire & Security)

Fire Extinguisher Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 22
  • Pages: 387
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