openPR Logo
Press release

Fire Extinguisher Market: Market Insights, Market Potential with New Applications

01-10-2019 06:58 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Fire Extinguisher Market: Market Insights, Market Potential

According to a market report published by Future Market Insights in its latest report titled ‘Fire Extinguisher Market: Global Industry Analysis and Opportunity Assessment, 2016 – 2026’. In terms of sales, the global fire extinguisher market is projected to grow at a healthy CAGR of 5.9% in term of value over the forecast period and will be primarily driven by rising demand from various end-use industries.

A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-572

Increasing urbanization in emerging as well as developed countries has led to increase in constructional activities in many regions. Owing to this, migration of people from remote villages to cities has increased. This will increase the demand for fire extinguishers around the globe and simultaneously promote the fire extinguisher market to gain traction over the forecast period. Among the product types, the carbon dioxide fire extinguisher segment is projected to account a relatively large market share in terms of both value and volume, while the dry powder segment is expected to account a relatively low market share in terms of value by 2027 owing to low demand by consumers. Among all the regions, North America is projected to account a relatively large market share in terms of both value and volume, while Latin America Fire extinguisher market is expected to account a relatively low share in terms of value and volume by 2027. North America is expected to maintain its dominance in the global fire extinguisher market throughout the forecast period in terms of value and volume owing to the growing sale of fire extinguishers in the region. The key players operating in the North American fire extinguisher market are strategically focusing on acquisitions and collaborations with other players with an objective of expanding their product portfolio and increasing their global reach. APEJ is usually referred as an emerging market and many global players are eyeing to expand their footprints by establishing their distribution channels and manufacturing units in the region. Carbon dioxide, pressurized water and dry chemical type fire extinguisher are witnessing an increasing demand owing to the jump in industrialization in countries such as India and China. The fire extinguisher market in Asia-Pacific is being driven by the expansion of manufacturing facilities with the general growth of automotive, construction and oil & gas industries in the Asian subcontinent. The presence of large number of manufacturing companies in the Western Europe such as Jactone Products, Vitkovice HTB, Fireblitz ltd and Jockel GmbH has increased the production capabilities with world class requirements and facilities. The U.K. manufactures a large number of fire extinguishers attributing to the fact that many automobile and food and beverages industries are in operation in the Western Europe. The fire extinguisher industry is heavily reliant on the growth of the construction industry, growth of one will directly promote the growth of another. This will increase the demand for fire extinguishers in the MEA and trigger the growth of the fire extinguisher market in the region.

Read Comprehensive Overview with Methodology of Report @ https://www.futuremarketinsights.com/askus/rep-gb-572

Fire Extinguisher Market Participants

Examples of some of the participants operating in the global fire extinguisher market are Activar Inc., Amerex Corporation, Britannia Fire Ltd, Ceasefire Industries Pvt. Ltd, Desautel Sas, Feuerschutz Jockel Gmbh & Co. Kg, Fike Corporation, Flamestop Australia Pty. Ltd., Gunnebo Ab, Halma Plc, Hatsuta Seisakusho Co., Ltd., Hochiki Corporation and Yamato Protec Corporation. The large multinational companies are aiming to strengthen their foothold in the emerging markets. With the entrance of new manufacturers and distributors, the investment in fire extinguisher industry is expected to increase, which will directly affect the growth of the fire extinguisher market. The Occupational Health and Safety Administration is emphasizing on the safety aspects of the buildings and infrastructural projects. Along with that, it conducts various programs for increasing the awareness regarding industrial and residential fire safety. Such measures will drive the demand for fire extinguishers in infrastructural projects, thereby aiding in further augmentation of the market.

About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

Contact Us
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Web: https://www.futuremarketinsights.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fire Extinguisher Market: Market Insights, Market Potential with New Applications here

News-ID: 1485280 • Views: 84

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Extinguisher

Global Fire Extinguisher Market- Amerex, BRK Electronics, Minimax, Nationwide Fi …
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Global Fire Extinguisher Market Size, Trends, Opportunity and Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research provides a
Fire Extinguisher Market Foraying into Emerging Economies
Market Introduction Fire extinguisher is an active fire safety equipment that is employed for extinguishing fire in emergency situations. It consists of a cylinder filled with an extinguishing agent, pressure gauge, nozzle and handle. Different types of extinguishing agents such as water, foam, carbon dioxide, dry powder, and dry chemical are used for extinguishing different type of fires such as Class A, Class B, Class C, Class D, and Class K.
Fire Extinguisher Market Poised to Register 5.9% CAGR through 2027
Future Market Insights delivers key insights on the global fire extinguisher market in its latest report titled ‘Fire Extinguisher Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.’ The long-term outlook on the global fire extinguisher market remains positive, with market value expected to increase at a CAGR of 5.9% during the forecast period (2017 – 2027). Global sales of fire extinguishers are estimated to be
Fire Extinguisher Market Projected to Garner Significant Revenues by 2027
Future Market Insights delivers key insights on the global fire extinguisher market in its latest report titled ‘Fire Extinguisher Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.’ The long-term outlook on the global fire extinguisher market remains positive, with market value expected to increase at a CAGR of 5.9% during the forecast period (2017 – 2027). Global sales of fire extinguishers are estimated to be
Fire Extinguisher Market Foraying into Emerging Economies
Future Market Insights delivers key insights on the global fire extinguisher market in its latest report titled ‘Fire Extinguisher Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027.’ The long-term outlook on the global fire extinguisher market remains positive, with market value expected to increase at a CAGR of 5.9% during the forecast period (2017 – 2027). Global sales of fire extinguishers are estimated to be
Fire Extinguisher Market Globally Expected to Drive Growth through 2025
Fire extinguishers are excellent tools for putting out fires and saving lives. The fire protection sector is poised for an upsurge due to rising demand for fire extinguishers. A fire extinguisher is a fire protection instrument used to extinguish or control fires, often in emergency situations. Every fire extinguisher consists of a hand-held cylindrical pressure vessel comprising an agent which can be discharged to put out fire. As people today