About Fire Bucket
Fire buckets are an effective and traditional way to stop a fire in its tracks. Buckets are filled with water, sand, or absorbent material and then dumped on the fire in order to smother it. The buckets are usually bright red and labeled “FIRE” so that they are easily visible and so that they are not used for other purposes. Fire buckets have been largely superseded by more technologically advanced and sophisticated types of firefighting, such as Fire Extinguishers, they retain several distinct advantages. Fire buckets are much cheaper than other firefighting products, they can be used very easily and quickly refilled which is boosting the demand for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by numerous players and they are involved in active participation in improving their product portfolios by providing the best fire detection system keeping in mind the safety concerns. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Fire Depot (United Kingdom), Nitin Fire Protection Inds (India), Cease Fire & Electrical Services (India), Mitras Technocrafts Pvt. Ltd (India), Pavlo Engineers Private Limited (India), Fireoxine Safety Industries (India), Guangxi Xinhuilai Import and Export Trading Co., Ltd. (China), Zhenjiang Matchau Marine Equipment Co., Ltd. (China) and Wofu Fire & Security Equipment Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Fire Bucket market by , Application (Commercial, Industrial and Residential) and Region.
On the basis of geography, the market of Fire Bucket has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material , the sub-segment i.e. Mild Steel will boost the Fire Bucket market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Fire Bucket market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Capacity (Ltr), the sub-segment i.e. 7.5 Ltr will boost the Fire Bucket market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Stringent Government Regulation about Safety and Robust Increase in the Distribution Channels
Market Growth Drivers:
High Demand for Fire Bucket in Numerous Industries and Increasing Awareness about Safety against Fire Incidents
Challenges:
There is a lack of awareness about the effectiveness of fire buckets, particularly in developing countries.
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Huge Opportunity due to Growing Building & Construction Industry and Growth Potential in Developing Countries
March 2019, DART launched its first 320 USG model of the DART Firefighting Bucket, also announcing the company’s entry into the firefighting market.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Fire Bucket Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.