Fire extinguisher market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. The market growth is attributed to factors such as increasing investment in infrastructure development, growing industrialization, stringent safety regulations, increasing awareness about fire safety, technological advancements, rising fire accidents, and growth in other industries such as oil and gas, warehousing, E-commerce, and healthcare. For instance, In July 2023, the UK government announced the granting of at least 100 new licenses for oil and gas exploration and production in the North Sea for energy security purposes. This development will improve infrastructure development in the oil and gas industry and will increase demand for the fire extinguisher industry.
Segmental Outlook
The global startup accelerator tools market is segmented based on extinguishing agents, application areas, and end-users. Based on the extinguishing agent the market is further sub-segmented foam extinguishers, dry powder extinguishers, wet chemical extinguishers, CO2 extinguishers, and water extinguishers. Based on application areas, the market is sub-segmented into the oil and gas industry, aviation industry, healthcare industry, data centers, manufacturing facilities, warehouses, and others (government buildings, educational institutions).
Based on end-users the market is sub-segmented into residential, commercial, and industrial. Healthcare is anticipated to hold a considerable share of the market among the end-users, owing to changing regulations, adoption of cloud-based solutions, and increasing use of AI/ML and analytics among others.
Oil and Natural Gas Industry is Anticipated to Hold a Prominent Share in the Global Fire extinguisher Market.
Among the types, the oil and natural gas industry is anticipated to hold a prominent share of the market due to the changing geopolitical conditions, growing oil, and natural gas production, and increasing investment into oil exploration. For instance, in April 2023, India’s state-owned Oil and Natural Gas Corporation (ONGC) announced to increase in investment by over $7 billion to reverse years of decline in oil and gas production. Currently, the company has 24 projects ongoing in development and will invest over $ billion to develop the Cluster ll region in Krishna Godavari based offshore India’s eastern coast. With this development, there will also be a new business opportunity will come for the fire extinguisher sector.
Regional Outlook
The global Fire extinguisher market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific region is expected to grow considerably in the coming years. According to the Infrastructure Outlook, the total infrastructural investment in the Asia Pacific region will be estimated from $1.7 trillion to $2.3 trillion, which is the highest among all regions. In India, under budget 2023-24, capital investment outlay for infrastructure is being increased by 33.0% to $122 billion which would be 3.3% of Gross Domestic Product (GDP). The rapid development in the infrastructure sector, changing safety regulations, and growing industrialization will be key drivers for the growth of the fire extinguisher market in the Asia-Pacific region.
Global Fire Extinguisher Market Growth by Region 2023-2030
Europe is Expected to Hold a Prominent Share in the Global Fire Extinguisher Market.
The European region is expected to hold a prominent share of the global Fire extinguisher market. For instance, according to the Infrastructure Outlook statistics, the infrastructural investment in the region will increase from $479 billion in 2023 to $583 billion in 2040 with the highest spending will be in the energy sector. Additionally, the UK government announced that from January 2023, the fire safety (England) regulations 2022 will come into effect. This regulation will impose a range of new duties on responsible persons of all multi-occupied residential buildings in England. Stringent safety regulations, increasing investment in infrastructure, changing geopolitical conditions, and increasing awareness of safety and fire prevention will help to grow the fire extinguishers sector in the European region.
Market Players Outlook
The major companies serving the global Fire extinguisher market include Activar Construction Products Group Inc., Britannia Fire Ltd., Ceasefire Industries Pvt. Ltd., DESAUTEL, Feuerschutz Jockel GmbH & Co. KG. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including collaborations with private and government players and research and development to stay competitive in the market. For instance, in April 2023, LifeSafe Holdings PLC announced the launch of its new StaySafe All-in-1 fire extinguisher which is designed to tackle 10 types of fire and has eco-friendly fluid. It can be used to extinguish a fire started with lithium-ion batteries, bioethanol, diesel, biodiesel, and motor oil.
The Report Covers
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Carrier Global Corporation
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Etex group
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Johnson Controls
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Protec Fire and Security Group Ltd
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Key Strategy Analysis
4. Market Segmentation
4.1. Global fire extinguisher market by Extinguishing Agent
4.1.1. Foam Extinguishers
4.1.2. Dry Powder Extinguishers
4.1.3. Wet Chemical Extinguishers
4.1.4. Carbon Dioxide (CO2) Extinguishers
4.1.5. Water Extinguishers
4.2. Global fire extinguisher market by Application areas
4.2.1. Oil and Gas Industry
4.2.2. Aviation
4.2.3. Healthcare
4.2.4. Data Centers
4.2.5. Manufacturing Facilities
4.2.6. Warehouses
4.2.7. Others (Government Buildings, Educational Institutions)
4.3. Global Fire extinguisher Market by End-Users
4.3.1. Residential
4.3.2. Commercial
4.3.3. Industrial
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Activar Construction Products Group Inc.
6.2. Britannia Fire Ltd.
6.3. Ceasefire Industries Pvt. Ltd.
6.4. DESAUTEL
6.5. Feuerschutz Jockel GmbH & Co. KG.
6.6. Fire and Safety Specialists (FSS)
6.7. Fire Eater A/S
6.8. Fireboy Corporation
6.9. Firetrace International LLC (A Halma company)
6.10. FOAMTECH ANTIFIRE COMPANY
6.11. McWane, Inc.
6.12. Minimax GmbH
6.13. National Extinguisher Service (a subsidiary of Industrial Source, Inc.)
6.14. Pro Delta Fire Safety Systems Pvt. Ltd.
6.15. Reliance Fire Protection systems
6.16. Resideo Technologies, Inc.
6.17. Safex Fire Services Ltd.
6.18. Total Safety U.S., Inc.
6.19. Viking Group Inc.
1. GLOBAL FIRE EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY EXTINGUISHING AGENT, 2022-2030 ($ MILLION)
2. GLOBAL FOAM EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL DRY POWDER EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL WET CHEMICAL EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL CARBON DIOXIDE (CO2) EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL WATER EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL FIRE EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY APPLICATION AREAS, 2022-2030 ($ MILLION)
8. GLOBAL FIRE EXTINGUISHER FOR OIL AND GAS INDUSTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL FIRE EXTINGUISHER FOR AVIATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL FIRE EXTINGUISHER FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL FIRE EXTINGUISHER FOR DATA CENTRES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL FIRE EXTINGUISHER FOR MANUFACTURING FACILITIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL FIRE EXTINGUISHER FOR WAREHOUSE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL FIRE EXTINGUISHER FOR OTHERS APPLICATIONS AREAS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL FIRE EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
16. GLOBAL FIRE EXTINGUISHER FOR RESIDENTIAL MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
17. GLOBAL FIRE EXTINGUISHER FOR COMMERCIAL MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
18. GLOBAL FIRE EXTINGUISHER FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
19. GLOBAL FIRE EXTINGUISHER MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
20. NORTH AMERICAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
21. NORTH AMERICAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY EXTINGUISHING AGENT, 2022-2030 ($ MILLION)
22. NORTH AMERICAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY APPLICATION AREAS, 2022-2030 ($ MILLION)
23. NORTH AMERICAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
24. EUROPEAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
25. EUROPEAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY EXTINGUISHING AGENT, 2022-2030 ($ MILLION)
26. EUROPEAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY APPLICATION AREAS, 2022-2030 ($ MILLION)
27. EUROPEAN FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC FIRE EXTINGUISHERRESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY EXTINGUISHING AGENT, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY APPLICATION AREAS, 2022-2030 ($ MILLION)
31. ASIA-PACIFIC FIRE EXTINGUISHERRESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
32. REST OF THE WORLD FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
33. REST OF THE WORLD FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY EXTINGUISHING AGENT, 2022-2030 ($ MILLION)
34. REST OF THE WORLD FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY APPLICATION AREAS, 2022-2030 ($ MILLION)
35. REST OF THE WORLD FIRE EXTINGUISHER RESEARCH AND ANALYSIS BY END-USERS, 2022-2030 ($ MILLION)
1. GLOBAL FIRE EXTINGUISHER MARKET SHARE BY EXTINGUISHING AGENT, 2022 VS 2030 (%)
2. GLOBAL FOAM EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
3. GLOBAL DRY POWDER EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
4. GLOBAL WET CHEMICAL EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
5. GLOBAL CO2 EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
6. GLOBAL FOAM EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
7. GLOBAL WATER EXTINGUISHERS MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
8. GLOBAL FIRE EXTINGUISHER MARKET SHARE BY APPLICATION AREAS, 2022 VS 2030 (%)
9. GLOBAL FIRE EXTINGUISHERS FOR OIL AND GAS INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
10. GLOBAL FIRE EXTINGUISHERS FOR AVIATION INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
11. GLOBAL FIRE EXTINGUISHERS FOR HEALTHCARE INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
12. GLOBAL FIRE EXTINGUISHERS FOR DATA CENTRES INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
13. GLOBAL FIRE EXTINGUISHERS FOR MANUFACTURING FACILITIES INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
14. GLOBAL FIRE EXTINGUISHERS FOR WAREHOUSES INDUSTRY MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
15. GLOBAL FIRE EXTINGUISHERS FOR OTHER APPLICATION AREAS MARKET SHARE ANALYSIS BY REGION , 2022 VS 2030 (%)
16. GLOBAL FIRE EXTINGUISHER MARKET SHARE BY END-USERS, 2022 VS 2030 (%)
17. GLOBAL FIRE EXTINGUISHER FOR RESIDENTIAL MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
18. GLOBAL FIRE EXTINGUISHER FOR COMMERCIAL MARKET SHARE ANALYSIS BY REGION, 2022 VS. 2030 (%)
19. GLOBAL FIRE EXTINGUISHER FOR INDUSTRIAL MARKET SHARE ANALYSIS BY REGION, 2022 VS 2030 (%)
20. GLOBAL FIRE EXTINGUISHER MARKET SHARE BY REGION, 2022 VS 2030 (%)
21. US FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
22. CANADA FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
23. UK FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
24. FRANCE FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
25. GERMANY FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
26. ITALY FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
27. SPAIN FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF EUROPE FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
29. INDIA FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
30. CHINA FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
31. JAPAN FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
32. SOUTH KOREA FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
33. REST OF ASIA-PACIFIC FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)
34. REST OF THE WORLD FIRE EXTINGUISHER MARKET SIZE, 2022-2030 ($ MILLION)