Global Fire Extinguishers Market 2021-2025

Global Fire Extinguishers Market 2021-2025

Technavio has been monitoring the fire extinguishers market and it is poised to grow by $ 1.54 bn during 2021-2025, progressing at a CAGR of 4.94% during the forecast period. Our report on the fire extinguishers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the implementation of stringent fire safety regulations and increasing instances of fire accidents in residential establishments. In addition, the implementation of stringent fire safety regulations is anticipated to boost the growth of the market as well.

The fire extinguishers market analysis includes product, end-user, and market landscape segments and geographic landscape.

Technavio's fire extinguishers market is segmented as below:

By Product

• Portable
• Knapsack
• Wheeled

By End-user

• Commercial
• Industrial
• Residential

By Market Landscape

• Dry chemical
• Foam
• Carbon dioxide
• Others

By Geographical Landscape

• North America
• APAC
• Europe
• South America
• MEA

This study identifies the rise in the development of commercial infrastructureas one of the prime reasons driving the fire extinguishers market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on fire extinguishers market covers the following areas:

• Fire extinguishers market sizing
• Fire extinguishers market forecast
• Fire extinguishers market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fire extinguishers market vendors that include 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., and Raytheon Technologies Corp. Also, the fire extinguishers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.