Press release
The Role Of Increasing Transportation Vehicles In Boosting The Portable Fire Extinguisher Market: A Key Factor Shaping the Future of the Portable Fire Extinguisher Market in 2025
Portable Fire Extinguisher Market
The increase in transportation vehicles is anticipated to accelerate the expansion of the portable fire extinguisher market. These vehicles, which are constructed for the purpose of transporting individuals, goods, or both, incorporate portable fire extinguishers as a safety measure. This is particularly pertinent in buses, coaches, and minibuses to tackle potential fires. Some governments even mandate the installation of such extinguishers in vehicles carrying inflammable materials for added road safety. For instance, the National Automobile Dealers Association (NADA), a US trade organization, reported 13.7 million new light-vehicle sales in the United States in January 2023, with projections of 14.6 million new light-vehicle sales in 2023, a 6.6% jump from 2022 forecasts. As a result, the growing number of vehicles is propelling the portable fire extinguisher market's advancement.
Get Your Portable Fire Extinguisher Market Report Here:
https://www.thebusinessresearchcompany.com/report/portable-fire-extinguisher-global-market-report
What is the future CAGR of the portable fire extinguisher market, and how will it impact industry expansion?
The market size of portable fire extinguishers has experienced consistent growth over the past few years. It is expected to increase from $6.87 billion in 2024 to $7.21 billion in 2025, marking a compound annual growth rate (CAGR) of 5.0%. Factors such as rigorous fire safety regulations, industrial expansion, development of commercial infrastructure, and rising urbanization have contributed to the growth during the historic period.
Expectations are high for robust expansion in the market size of portable fire extinguishers in the upcoming years. The sector is projected to attain a value of $9.2 billion by 2029, with a compounded annual growth rate (CAGR) of 6.3%. This promising growth during the forecast period is linked to factors such as the advent of intelligent fire security solutions, renewed focus on residential safety, the surge in e-commerce, increasing construction projects, and changes in global climate conditions. Key trends expected during this period encompass strategic collaborations, technological progressions, IoT incorporation for surveillance, eco-friendly extinguishing substances, and cutting-edge fire detection technologies.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10749&type=smp
What are the most significant trends transforming the portable fire extinguisher market today?
Leading firms in the portable fire extinguisher sector are concentrating on creating novel products, like the SANS 1910 approval to become the first in South Africa to win the SANS 1910 approval for lithium fire extinguishing functions. The South African Bureau of Standards (SABS) created SANS 1910, a standard that sets safety criteria for personal protective equipment (PPE) in various sectors. For example, Safequip (Pty) Ltd, a South African fire solutions firm, introduced the Lith-Ex Fire Extinguisher Range in October 2024 to improve fire safety significantly. This new lineup of lithium-ion battery fire extinguishers uses Aqueous Vermiculite Dispersion (AVD) technology for efficient suppression and cooling. These extinguishers comply with international standards and have attained UL certification, with anticipation of SANS 1910 approval shortly. Designed to tackle the growing threat of lithium-ion battery fires, the product also inhibits re-ignition.
Which key market segments comprise the portable fire extinguisher market and drive its revenue growth?
The portable fire extinguisher market covered in this report is segmented -
1) By Agent Type: Chemical-based, Water-based, CO2-based, Metal-based, Powdered-based, Foam-based.
2) By Fire Type Outlook: Class A, Class B, Class C, Class D, Class K.
3) By Distribution Channel: Online, Offline.
4) By Application: Residential, Industrial, Manufacturing, Construction, Warehouse, Factories, Commercial, Vehicles.
Subsegments:
1) By Chemical-Based: Dry Chemical, Wet Chemical
2) By Water-Based: Water Mist, Water Spray
3) By CO2-Based: CO2 Fire Extinguishers
4) By Metal-Based: Class D Extinguishers
5) By Powdered-Based: Multipurpose Powder Extinguishers
6) By Foam-Based: Aqueous Film Forming Foam (AFFF), Film-Forming Fluoroprotein Foam (FFFP)
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10749
What regions are at the forefront of portable fire extinguisher market expansion?
Asia-Pacific was the largest region in the portable fire extinguisher market in 2024. The regions covered in the portable fire extinguisher market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the portable fire extinguisher market?
Major companies operating in the portable fire extinguisher market include Hochiki Corporation, Johnson Controls International PLC, Morita Holdings Corporation, Nationwide Fire Extinguishers, Minimax GmbH & Company KG, Britannia Fire, Ansul, First Alert Inc., Kidde Fire Systems, Yamato Protec Corporation, Ceasefire Industries Pvt Ltd., Desautel, Amere*x Corporation, Activar Construction Products Group, Tyco Fire Products LP, Jorgensen Co, FlameStop Australia Pty. Ltd., Kanex Fire, JL Industries Inc., Safelincs Ltd., Fireboy-Xintex, Safety Technology International Inc. (STI), Strike First Corporation, Buckeye Fire Equipment, Badger Fire Protection, Elide Fire USA, Feuerschutz Jockel GmbH & Co KG, Hatsuta Seisakusho Co Ltd., Fest Fire Security
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=10749&type=smp
What Is Covered In The Portable Fire Extinguisher Global Market Report?
•Market Size Forecast: Examine the portable fire extinguisher market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the portable fire extinguisher market for a structured understanding.
•Key Players Overview: Analyze major players in the portable fire extinguisher market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the portable fire extinguisher market.
•Segment Contributions: Evaluate how different segments drive overall growth in the portable fire extinguisher market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the portable fire extinguisher market.
•Industry Challenges: Identify potential risks and obstacles affecting the portable fire extinguisher market.
•Competitive Landscape: Review strategic developments in the portable fire extinguisher market, including expansions, agreements, and new product launches.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
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 The Role Of Increasing Transportation Vehicles In Boosting The Portable Fire Extinguisher Market: A Key Factor Shaping the Future of the Portable Fire Extinguisher Market in 2025 here
News-ID: 3911223 • Views: …
More Releases from The Business research company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Extinguisher
Fire Extinguisher Manufacturing Plant Setup: Cost Factors & Profit Analysis
A fire extinguisher is a portable safety device designed to control or extinguish small fires in emergency situations. It works by discharging a specific extinguishing agent, such as water, foam, carbon dioxide, or dry chemical powder, depending on the type of fire being addressed. Fire extinguishers are essential safety equipment in residential, commercial, and industrial settings, providing immediate response to fire hazards and preventing the spread of flames.
Setting up a…
Fire Extinguisher Market Analysis, Trends & 2025 Forecast
The global fire extinguisher market reached approximately USD 5.7 billion in 2024 and is projected to expand to USD 8.7 billion by 2033, growing at a CAGR of 4.9%. This surge is driven by rising awareness of fire safety, rapid industrial and infrastructural development, and growing emphasis on workplace protection. Additionally, advancements in extinguishing agents and discharge systems are propelling market demand through the forecast period.
Request for a sample copy…
Portable Fire Extinguisher Market Is Booming Worldwide 2025-2032
Global Portable Fire Extinguisher Market size was valued at USD 10.83 billion in 2023 and is poised to grow from USD 11.82 billion in 2024 to USD 23.72 billion by 2032, growing at a CAGR of 9.1% during the forecast period (2025-2032).
The Research report on Portable Fire Extinguisher Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y…
FiAR: Transforming Fire Extinguisher Training through Augmented Reality
Immersive, Portable, and Realistic Fire Safety Education for Every Training Scenario
Lake in the Hills, Illinois Apr 21, 2024- Introducing FiAR, a groundbreaking collaboration between JHB Group and public safety professionals to revolutionize fire extinguisher training. FiAR is the world's first augmented reality (AR) fire extinguisher training tool, developed with unmatched innovation and real learner engagement in mind.
Train in real environments with FiAR's immersive features, including 8 different types of fire…
HFC-227ea Fire-Extinguisher Market Report & Forecast 2023-2029
The global HFC-227ea Fire-Extinguisher revenue was US$ 2035.3 million in 2022 and is forecast to a readjusted size of US$ 3603.2 million by 2029 with a CAGR of 8.4% during the forecast period (2023-2029).
Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-15P15951/Global_and_India_HFC_227ea_Fire_Extinguisher_Market_Report_Forecast_2023_2029
HFC-227ea Fire-Extinguisher uses HFC-227 which is well known for their high fire suppression property. This fire extinguishing agent is non-residue chemical which can be exposed to normal extinguishing concentrations without involving any risk of…
America's Boating Channel Launches FIRE EXTINGUISHER REGULATIONS
Raleigh, NC, 19 April 2022 - The first video in America's Boating Channel's™ sixth season of boating safety and boater education videos, "FIRE EXTINGUISHER REGULATIONS," will premiere this Wednesday morning April 20 at 9 AM Eastern Daylight Time (EDT) on the internet and through social media.
The new title will debut on AmericasBoatingChannel.com and America's Boating Channel on YouTube the same day that a new U.S. regulation goes into effect regarding…
