Fire Extinguisher Market Value is Projected to Exceed US$ 6.4 Billion by 2023 and CAGR 6.5%

1. GlobalFire Extinguisher Market Industry Trends, Growth, Share, Size, Demand and Forecast Till 2023 Copyright © IMARC Service Pvt Ltd. All Rights Reserved

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3. Report Description and Highlights Report Description Fire Extinguisher Market Report By Product Type (Portable, Knapsack and Wheeled), Application (Industrial, Commercial, Households, Public Areas and Others), Fire, Extinguishing Agent, Region The global fire extinguisher market has witnessed a steady growth over the past few years. This can be attributed to strict fire security regulations in the developed nations along with increasing urbanisation and industrialisation in the emerging regions. Market Overview: Fire extinguisher is a portable device which expels gas or water for extinguishing fire in small amounts, when an emergency arises. It is a safety equipment which comprises of a cylinder, nozzle, pressure gauge and a handle. Fire extinguishers cannot cease a large-scale fire and may require the expertise or guidance of the fire department. According to the latest report by IMARC Group, titled “Fire Extinguisher Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global fire extinguisher market reached a value of more than US$ 4.4 Billion in 2017. One of the primary factors fostering the growth of the global fire extinguisher market is strict government policies of installing a fire extinguisher in commercial, industrial and residential spheres in order to prevent any mishappenings. This has proliferated the demand for fire extinguishers. In addition, the market is also influenced by fire insurance agencies which make it mandatory for their customers to fix a fire extinguisher amidst residential and commercial buildings.

4. Report Description and Highlights Report Description • Moreover, rapid urbanisation in numerous nations has augmented developments in infrastructural sector, directly facilitating the demand for fire extinguishers. Looking forward, the market value is projected to exceed US$ 6.4 Billion by 2023, expanding at a CAGR of approximately 6.5% during 2018-2023. • Fire Extinguisher Market Segmentation: • Market Segmentation by Product • Portable • Knapsack • Wheeled • On the basis of type, the fire extinguisher market has been segregated as knapsack, portable and wheeled. Amongst these, portable fire extinguishers lead the market as they can be used more easily and efficiently than their alternatives. • Market Segmentation by Extinguishing Agent • Request for a sample report: https://www.imarcgroup.com/fire-extinguisher-market/requestsample

5. Market Forecast Sample Figure: Global: Fire Extinguisher Market Forecast: Sales Value (in Billion US$), 2018-2023

6. Market Segmentation Report Description • Dry Chemical • Foam • Carbon Dioxide • Dry Powder • Others • Based on extinguishing agents, the market is segmented into foam, dry chemical, dry powder and carbon dioxide. Currently, dry chemical extinguishing agents dominate the market as they are comparatively cheaper and more versatile than the other extinguishing agents. • Market Segmentation by Fire Type • Class A • Class B • Class C • Class D • Class K • On the basis of fire type, Class A extinguishers represent the largest segment. • For more information, click here: https://www.imarcgroup.com/fire-extinguisher-market

7. Market Segmentation Report Description • These extinguishers are used on fires originating from ordinary combustibles such as plastics, rubber, cloth, paper and wood. The other major segments include Class B, Class C, Class D and Class K extinguishers. • Market Segmentation by Region • North America • Europe • Asia Pacific • Latin America • Middle East and Africa • Europe dominates the global fire extinguisher market, accounting for the majority of the total market share. Other major regions include North America, Asia Pacific, Latin America, and Middle East and Africa. • Market Segmentation by Application • Industrial • Commercial • Households

8. Regional Segmentation North America Europe Asia- Pacific Middle East and Africa Latin America

9. Market Segmentation Report Description • Public Areas • Others • Application-wise, the industrial sector holds the largest market share, followed by commercial sector, households, public areas and others. This can be attributed to rapid industrialization along with stringent fire safety regulations in various manufacturing facilities. • Competitive Landscape: • The competitive landscape of the market has also been examined with some of the key players. • Amerex Corporation • United Technologies Corporation • Tyco Fire Protection Products • Minimax • Britannia Fire Ltd. • First Alert Inc. • JL Industries • Ceasefire Industries Pvt. Ltd. • FeuerschutzJockel GmbH & Co. KG • Desautel

10. Market Segmentation Report Description In case you have a very specific customized or specific niche needs, we can work around the scope of work and assist you with the tailor made solution. The topics covered could be technology, markets, competition, pricing trends, P&L analysis, cost analysis, price bench marking or it could also be supplementing you with the weekly or fortnight reports.

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14. Report Description and Highlights Report Description © 2018 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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