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The North America fire extinguisher market reached a value of US$ 1.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2027, exhibiting a CAGR of 3.43% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A fire extinguisher is a movable or portable fire protection apparatus used for putting out small fires. It is generally kept at different fire points in factories, buildings, vehicles and public spaces. The device interferes with the fire triangle made of three elements which are required to create a fire, namely, fuel, oxygen and heat. At present, carbon dioxide (CO2), dry chemical, foam-based extinguishers are the different types of fire extinguishers available in the market.
The North America fire extinguisher market is currently being driven by various factors. Most of the demand for fire extinguishers is emerging from the construction sector, which includes both residential as well as commercial units. Therefore, rapid development in the construction sector across the region is having a positive impact on the growth of the fire extinguisher market. In addition to this, various transportation owners have started installing fire suppressant equipment in broad vehicles, such as buses, to ensure the safety of passengers. Moreover, numerous regulations and initiatives have been implemented by the government in the region to mandate the provisions of fire protection which is fueling the demand for fire extinguishers in the region.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America fire extinguisher market, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product, extinguishing agent, fire type and application.
|Base Year of the Analysis||2021|
|Segment Coverage||Product, Extinguishing Agent, Fire Type, Application, Country|
|Countries Covered||United States, Canada|
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The North America fire extinguisher market was valued at US$ 1.5 Billion in 2021.
We expect the North America fire extinguisher market to exhibit a CAGR of 3.43% during 2022-2027.
The extensive R&D activities to launch compact, lightweight, and cost-efficient fire extinguishers are
primarily catalyzing the North America fire extinguisher market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown
regulations across several nations of North America resulting in temporary closure of numerous
manufacturing units and supply chain disruptions of fire extinguishers.
Based on the product, the North America fire extinguisher market has been segmented into portable,
knapsack, and wheeled. Currently, portable fire extinguisher holds the majority of the total market
Based on the extinguishing agent, the North America fire extinguisher market can be divided into dry
chemicals, foam, carbon dioxide, and others. Among these, dry chemicals currently exhibit a clear
dominance in the market.
Based on the fire type, the North America fire extinguisher market has been categorized into class A,
class B, class C, and others. Currently, class A fire accounts for the largest market share.
Based on the application the North America fire extinguisher market can be segregated into industrial,
commercial, households, public areas, and others. Among these, the industrial sector currently holds the
majority of the total market share.
On a regional level, the market has been classified into United States and Canada, where the United
States currently dominates the market.
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