Assessment of COVID-19's Effect on Fire Extinguishers Market 2020-2024 | Implementation of Stringent Fire Safety Regulations to Augment Growth | Technavio

Technavio has announced its latest market research report titled Global Fire Extinguishers Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the fire extinguishers market and it is poised to grow by USD 1.87 billion during 2020-2024, progressing at a CAGR of about 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Activar Construction Products Group Inc., Ceasefire Industries Pvt ltd., DESAUTEL, Feuerschutz Jockel GmbH & Co. KG, HOCHIKI Corp., Johnson Controls International Plc, McWane Inc., Minimax GmbH & Co. KG, Newell Brands Inc., and United Technologies Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Implementation of stringent fire safety regulations has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/fire-extinguishers-market-industry-analysis

Fire Extinguishers Market 2020-2024: Segmentation

Fire Extinguishers Market is segmented as below:

  • Product
    • Portable
    • Knapsack
    • Wheeled
  • End-user
    • Industrial
    • Commercial
    • Residential
  • Extinguishing Agent
    • Dry Chemical
    • Foam
    • Carbon Dioxide
    • Others
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40883

Fire Extinguishers Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The fire extinguishers market report covers the following areas:

  • Fire Extinguishers Market Size
  • Fire Extinguishers Market Trends
  • Fire Extinguishers Market Analysis

This study identifies the rising preference for eco-friendly fire extinguishers as one of the prime reasons driving the fire extinguishers market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Fire Extinguishers Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist fire extinguishers market growth during the next five years
  • Estimation of the fire extinguishers market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the fire extinguishers market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of fire extinguishers market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
  • Value chain analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Portable - Market size and forecast 2019-2024
  • Knapsack - Market size and forecast 2019-2024
  • Wheeled - Market size and forecast 2019-2024
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Industrial - Market size and forecast 2019-2024
  • Commercial - Market size and forecast 2019-2024
  • Residential - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 09: MARKET SEGMENTATION BY EXTINGUISHING AGENT

  • Market segmentation by extinguishing agent
  • Comparison by extinguishing agent
  • Dry chemical - Market size and forecast 2019-2024
  • Foam - Market size and forecast 2019-2024
  • Carbon dioxide - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by extinguishing agent

PART 10: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Increasing consolidation in fire protection industry
  • Rising preference for eco-friendly fire extinguishers
  • Increasing investments in smart cities

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Activar Construction Products Group Inc.
  • Ceasefire Industries Pvt ltd.
  • DESAUTEL
  • Feuerschutz Jockel GmbH & Co. KG
  • HOCHIKI Corp.
  • Johnson Controls International Plc
  • McWane Inc.
  • Minimax GmbH & Co. KG
  • Newell Brands Inc.
  • United Technologies Corp.

PART 15: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 16: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Fire Extinguishers Market will grow by USD 1.87 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/