Market Overview:
The global CO2 fire extinguishers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for CO2 fire extinguishers from commercial, residential, and industrial applications. In addition, the growing awareness about the benefits of using CO2 fire extinguishers is also contributing to the growth of this market. The hand-held type segment is expected to account for a major share of the global CO2 fire extinguishers market during the forecast period.
Product Definition:
A CO2 Fire Extinguisher is a device that uses pressurized carbon dioxide gas to extinguish fires. Carbon dioxide gas displaces oxygen in the air, which will snuff out most small fires. CO2 fire extinguishers are important because they can be used on electrical and grease fires without causing any secondary damage.
Hand-held Type:
Hand-held extinguishers are small portable fire extinguishers designed to be carried by hand or mounted on a pole. They are used for class “A” and “B” fires, which include ordinary residential buildings, office buildings, schools and institutions. These devices can be used in vehicles as well as ships.
Trolley Type:
The global trolley type and it's usage in CO2 fire extinguishers market size was valued at USD 6.5 billion in 2016. The increasing demand for fire safety equipment across various industries such as healthcare, chemical, oil & gas, manufacturing is expected to drive the growth of this industry over the forecast period.
Trolley Type refers to a container that holds a quantity of fluid such as water or dry powder.
Application Insights:
The commercial category held the largest share of over 70.0% in 2017. The growing construction and infrastructure sector across the globe is expected to be a key factor for product demand in this segment. According to data published by World Bank, it was observed that around USD 1 trillion worth construction projects were carried out globally from 2014 to 2015, which is expected to increase with time as more and more people invest in this sector globally.
Increasing investments by governments worldwide for promoting renewable energy sources are likely to support fire extinguisher manufacturers who are offering eco-friendly products with less operational costs and high performance standards at reasonable prices. For instance, CO2 extinguishers manufactured by Extinguisher House Ltd., UK comply with European Union (EU) regulations regarding low emission equipment used within buildings & facilities, thereby providing an edge over their counterparts while purchasing or leasing new commercial spaces or upgrading existing ones.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of key players such as Kidde Corporation, and extinguishers manufactured by them are widely used across the region. The U.S., being a developed economy, has higher penetration rates of CO2 fire extinguishers than other countries in North America. However, Asia Pacific is expected to witness significant growth over the forecast period due to rapid urbanization and industrialization along with increasing commercial construction activities in China and India. Moreover, rising awareness regarding safety from fire hazards caused by conventional water-based firefighting solutions will propel demand for these products over the next eight years.
The European market is driven majorly by Germany which accounted for more than 25% share of total revenue generated within Europe region in 2017 owing to high product adoption rate followed by France and U.K.
Growth Factors:
- Increasing demand for fire extinguishers in the commercial sector as a result of growing awareness about safety and security
- Rising number of fires in residential areas due to faulty wiring, careless use of heaters, and smoking cigarettes indoors
- Proliferation of stringent fire safety norms by government bodies across different countries
- Growing demand for CO2 fire extinguishers from the industrial sector owing to their ability to put out Class A, B, and C fires quickly and safely
- Technological advancements that have led to the development of more compact and lightweight CO2 fire extinguishers
Scope Of The Report
Report Attributes
Report Details
Report Title
CO2 Fire Extinguishers Market Research Report
By Type
Hand-held Type, Trolley Type
By Application
Commercial, Residential, Industrial, Others
By Companies
Buckeye Fire, Tianguang, Protec Fire, ANAF Group, Sureland, Gielle Group, Ogniochron, Britannia Fire, Presto, Feuerschutz Jockel, Buckeye Fire, Tyco Fire Protection, BAVARIA, Minimax, Amerex Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global CO2 Fire Extinguishers Market Report Segments:
The global CO2 Fire Extinguishers market is segmented on the basis of:
Types
Hand-held Type, Trolley Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Residential, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Buckeye Fire
- Tianguang
- Protec Fire
- ANAF Group
- Sureland
- Gielle Group
- Ogniochron
- Britannia Fire
- Presto
- Feuerschutz Jockel
- Buckeye Fire
- Tyco Fire Protection
- BAVARIA
- Minimax
- Amerex Corporation
Highlights of The CO2 Fire Extinguishers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hand-held Type
- Trolley Type
- By Application:
- Commercial
- Residential
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the CO2 Fire Extinguishers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A CO2 fire extinguisher is a type of firefighting equipment that uses pressurized carbon dioxide to put out fires.
Some of the major companies in the co2 fire extinguishers market are Buckeye Fire, Tianguang, Protec Fire, ANAF Group, Sureland, Gielle Group, Ogniochron, Britannia Fire, Presto, Feuerschutz Jockel, Buckeye Fire, Tyco Fire Protection, BAVARIA, Minimax, Amerex Corporation.
The co2 fire extinguishers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 CO2 Fire Extinguishers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 CO2 Fire Extinguishers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 CO2 Fire Extinguishers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the CO2 Fire Extinguishers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global CO2 Fire Extinguishers Market Size & Forecast, 2020-2028
4.5.1 CO2 Fire Extinguishers Market Size and Y-o-Y Growth
4.5.2 CO2 Fire Extinguishers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hand-held Type
5.2.2 Trolley Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Residential
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global CO2 Fire Extinguishers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 CO2 Fire Extinguishers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hand-held Type
9.6.2 Trolley Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Residential
9.10.3 Industrial
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hand-held Type
10.6.2 Trolley Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Residential
10.10.3 Industrial
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hand-held Type
11.6.2 Trolley Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Residential
11.10.3 Industrial
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hand-held Type
12.6.2 Trolley Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Residential
12.10.3 Industrial
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hand-held Type
13.6.2 Trolley Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Residential
13.10.3 Industrial
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 CO2 Fire Extinguishers Market: Competitive Dashboard
14.2 Global CO2 Fire Extinguishers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Buckeye Fire
14.3.2 Tianguang
14.3.3 Protec Fire
14.3.4 ANAF Group
14.3.5 Sureland
14.3.6 Gielle Group
14.3.7 Ogniochron
14.3.8 Britannia Fire
14.3.9 Presto
14.3.10 Feuerschutz Jockel
14.3.11 Buckeye Fire
14.3.12 Tyco Fire Protection
14.3.13 BAVARIA
14.3.14 Minimax
14.3.15 Amerex Corporation
