About Portable Fire Extinguisher
A fire extinguisher is a functioning fire security gadget used to smother or control little fires, regularly in crisis circumstances. A fire extinguisher comprises a hand-cylindrical pressure vessel containing a specialist that can be released to stifle a fire. Fire extinguishers produced with non-tube-shaped pressing factor vessels likewise exist yet are more uncommon. A portable fire extinguisher is an item of equipment for the purpose of extinguishing a fire that is effective only for the type and size of a fire that it is rated for. Portable fire extinguishers are for the most part given as "first attack" units in putting out fires and ought to be utilized distinctly in the beginning phases of fire before the fire develops to a phase that is past the limit of the extinguishers. There are comprehensively six kinds of fire extinguishers air-water, air-foam, dry chemical powder, and carbon dioxide.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The leading organizations in the market are involved in the research and development of the universal portable fire extinguisher due to the increase in demand from different sectors. Also, companies are making new collaborations with other companies and increase the utilization of portable fire extinguishers in different regions and avail competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Portable Fire Extinguisher market throughout the forecasted period. 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.
Hochiki Corporation (Japan), Activar Inc. (United States), Britannia Fire Ltd. (United Kingdom), Flame stop Australia Pty. Ltd. (Australia), Feuerschutz Jockel Gmbh & Co. Kg (Germany), Ceasefire Industries Pvt. Ltd. (India), United Technologies Corp (United States), Johnson Controls (Ireland), Kidde Fire Protection (United States), Total Safety (United States) and Theaoson (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Amerex Corp. (United States), Burner Fire Control (United States), Ansul (United States), Fike Corp (United States), Reliable Fire & Security (United States) and American Fire Supply (United States).
Segmentation Overview
AMA Research has segmented the market of Global Portable Fire Extinguisher market by Type (Dry Chemical, Carbon Dioxide, Water, Foam and Others), Application (Residential and Non-residential) and Region.
On the basis of geography, the market of Portable Fire Extinguisher 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).
Influencing Trend:
The growing need for lightweight and easy to move extinguishers and Manufacturers are focusing on making the product more compact and lightweight
Market Growth Drivers:
Rising number of fire causalities in household and commercial premises and Strict government regulations mandating the installation of extinguishers
Challenges:
No universal product for all types of fire and Availability of substitutes
Restraints:
High cost of the portable fire extinguisher and Technical issues and product recalls and Increasing concerns about the safety and security
Opportunities:
Installing extinguishers in automobiles is increasing the need for lightweight extinguishers, Rapid growth of the commercial and industrial sectors in emerging countries and Developing extinguishers that can be used on Class A, B, and C fires
Market Leaders and their expansionary development strategies
In August 2023, Acquisition of a Portable Fire Extinguisher with a Charge of Fe-36 Halogenated Gas - Capacity 5 Kg - for Use in a Room with Magnetic Resonance Equipment, in Accordance with Current Legislation.
Theaoson Newly Launched 600ml Portable Fire Extinguisher for Car and Cooking Fire with 3c Certificate
Key Target Audience
Industry Associations, Government Regulatory Authority, Manufacturing Firms, Automobile Companies and Chemical Suppliers
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.