Fire Extinguishers

Global Fire Extinguishers Market to Reach US$9.7 Billion by 2030

The global market for Fire Extinguishers estimated at US$6.1 Billion in the year 2024, is expected to reach US$9.7 Billion by 2030, growing at a CAGR of 8.1% over the analysis period 2024-2030. Dry Chemical & Dry Powder, one of the segments analyzed in the report, is expected to record a 8.0% CAGR and reach US$6.4 Billion by the end of the analysis period. Growth in the Carbon Dioxide segment is estimated at 9.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.7 Billion While China is Forecast to Grow at 9.7% CAGR

The Fire Extinguishers market in the U.S. is estimated at US$1.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 9.7% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 6.0% and 7.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.

Global Fire Extinguishers Market - Key Trends & Drivers Summarized

Fire extinguishers are critical safety devices designed to suppress or extinguish fires in emergency situations. They come in various types, each suitable for handling different classes of fires—ranging from ordinary combustibles like wood and paper (Class A) to flammable liquids (Class B) and electrical equipment fires (Class C). The contents of fire extinguishers can include water, foam, dry chemical, carbon dioxide, or specialized chemicals designed to combat specific types of fires without conducting electricity or damaging sensitive equipment. These devices are essential components of fire safety management in residential, commercial, and industrial settings, providing a first line of defense against the spread of fires and offering individuals the means to protect property and lives until professional firefighters can arrive.

Over the years, the development and improvement of fire extinguishers have been significantly influenced by technological advances and stringent safety regulations. Innovations such as more effective extinguishing agents and user-friendly designs enhance the performance and ease of use of these devices. Furthermore, the integration of smart technology into fire extinguishers, including sensors that can alert users to maintenance issues or when a device has been discharged, represents a forward leap in making these systems more reliable and efficient. The industry is also moving towards more environmentally friendly agents that have a lower global warming potential and are less harmful to the ozone layer, in response to environmental concerns and regulatory pressures.

The growth in the fire extinguishers market is driven by several factors, including increased awareness of safety protocols, regulatory compliance demands, and technological advancements. As building codes become stricter and occupational health and safety regulations are enforced more rigorously, the installation of fire extinguishers is becoming mandatory in more types of buildings and vehicles, both in developed and developing countries. Additionally, rising urbanization and the resulting increase in residential and commercial construction projects contribute to the demand for fire safety devices, including extinguishers. Technological innovations that improve the effectiveness and environmental safety of fire extinguishers also play a crucial role in driving market growth. Moreover, as consumer behavior shifts towards prioritizing safety and sustainability, demand for advanced, eco-friendly fire extinguishers is expected to rise, ensuring steady growth in the market.

SCOPE OF STUDY:

The report analyzes the Fire Extinguishers market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Dry Chemical & Dry Powder, Carbon Dioxide, Foam-based, Other Product Types); Portability (Portable, Trolley Mounted); End-Use (Industrial, Commercial, Other End-Uses)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 218 Featured) -

• Fike Corporation
• Ceasefire Industries Pvt., Ltd.
• Churches Fire Security Ltd.
• Firetrace International
• First Alert, Inc.
• Bull Products Ltd.
• H3R Aviation, Inc.
• Firetronics Pte., Ltd.
• Chubb Fire & Security Group
• A Total Solution, Inc.
• Academy Fire
• Allied Protection
• DSPA
• Flameguard Fire Equipment, Inc
• Akshit Fire Safety & Services

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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