Europe fire extinguishers market is expected to register significant growth in the upcoming years. Europe has witnessed substantial improvements in the fire safety sector over the years due to the constant alteration and execution of fire safety strategies and policies. As an outcome of comprehensive methods, fire fatalities have decreased by 65% in Europe over the last 30 years. Further, strict regulations that demand a certain quantity of fire extinguishers to be installed across commercial, industrial, and residential sectors add to the market expansion. According to statistics, it is projected that, in Europe, approximately 5000 people die due to residential fires in a single year. However, the authorities need to mandate the use of fire extinguishers in Europe as fire safety in buildings remains a major societal issue. Additionally, as residential fires can be controlled and prevented with the proper use of fire safety gear the market for fire extinguishers will certainly rise rapidly in the forthcoming years. At present, the COVID19 pandemic has caused a decline in the fire extinguishers market but it is expected to rise in imminent years.
According to 6Wresearch, Europe Fire Extinguishers Market size is anticipated to witness substantial growth during 2020-26. European standard EN 3 postulates requirements for portable fire extinguishers. Agreement with the standard is legally mandatory for the construction of all fire extinguishers in European Union. The United Kingdom dominates European fire extinguishers market heavily as favorable government regulations about residential and commercial fire security and increasing alertness regarding the same drive market growth. Germany is a country with a long tradition in fire security as constructions are required to have a lot of fire extinguishers and clear evacuation routes. Correspondingly, the German market is expected to grow at an alarming rate in the future. Additionally, in France, all companies are expected to install a fire safety system that complies with SSI (Système de Sécurité Incendie, France’s Fire Safety System). Further, for industrial structures, its one fire extinguisher per 150m2 and a range of 200m2 requires a 6-litre water spray fire extinguisher. Spain, Italy, and the rest of Europe are expected to yield a higher market share in the approaching years.
Based on product type, portable fire extinguishers are anticipated to grow at a higher rate owing to how effective they are for extinguishing a fire, they also require less response time. Based on segments, industrial segments comprise more than half the share of the market on the back of rapid industrialization. Moreover, the commercial and residential segment is about to witness a huge rise in market share as developing nations are spending heavily on new infrastructure.
Europe Fire extinguishers market report thoroughly covers the market by product type, fire type, agents, applications and key countries including the UK, France, Spain, Italy and the rest of the region. European Fire Extinguishers market outlook report provides an unbiased and detailed analysis of the on-going Europe fire extinguisher trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Key Highlights of the Report:
- Europe Fire Extinguishers Market Outlook
- Europe Fire Extinguishers Market Overview
- Europe Fire Extinguishers Market Forecast
- Historical Data for the period 2016-2019 and Market Forecast of Europe Fire Extinguishers Market Revenues until 2026
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Product Type
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Fire Type
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Agents
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
- Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for United Kingdom Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Italy Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for France Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Germany Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Europe Fire Extinguishers Market
- Market Drivers and Restraints
- Europe Fire Extinguishers Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Europe Fire Extinguishers Market Share, By Players
- Competitive Benchmarking
Markets Covered
The report provides a detailed analysis of the following market segments:
- By Product Type:
- Automatic Fire Extinguishers
- Regular Dry Chemical
- Multi-purpose Dry Chemical
- Portable Fire Extinguishers
- Others
- By Fire Type:
- Cooking
- Electrical Equipment
- Flammable Liquids
- Solids
- Flammable Gases
- Combustible Metals
- Others
- By Agents:
- Aqueous Film Foaming Foams
- Potassium Bicarbonate
- Mono Ammonium Phosphate
- Carbon Dioxide
- Sodium Bicarbonate
- Others
- By Application:
- Manufacturing and Construction Sites
- Warehouses
- Residential
- Commercial
- Factories and Food Processing Plants
- Others
- By Countries:
- United Kingdom
- Italy
- France
- Germany
- Rest of Europe
