Middle East fire extinguishers market observed a moderate growth in the earlier years reinforced by a rapid rise in the construction sector as the several countries' expenses in infrastructure development had increased a lot during this period. Additionally, the enactment of stern safety norms and code is the primary reason fueling the growth of the fire extinguishers market in Middle East region. However, the outburst of the COVID-19 pandemic is projected to cause a slowdown in the market in the year 2020 on account of a halt in construction ventures and suspension of economic events due to complete or partial lockdown levied in many countries throughout the first half of the year. Further, post-2020 recovery is expected and the market is anticipated to rise over the imminent years as Middle Eastern countries will witness a construction spree with plans including the construction of large-scale commercial institutions, such as medical cities, economic cities, offices, and hotels.
According to 6Wresearch, Middle East Fire Extinguishers Market size has substantial growth prospects during 2020-26. The guidelines set up by numerous governments making the installation of fire extinguishers essential in commercial and residential institutions on the back of a growing number of fire accidents and creating awareness regarding this increase safety measures. Further, impending ventures in the kingdom of Saudi Arabia, such as King Abdullah Financial District, Jabal Omar Developers, Makkah Grand Mosque Developer, and Kingdom Tower, and are anticipated to fetch bountiful openings for the growth of the Fire extinguishers market in Saudi Arabia. Additionally, Government development schemes such as Qatar National Vision 2030 and Saudi Vision 2030 would lead to the development of infrastructure which in turn creates the demand for fire extinguishers. Middle East regions are creating lucrative prospects for the potential investors of the market to witness a capable future business growth.
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 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.
Middle East Fire extinguishers market report thoroughly covers the market by product type, fire type, agents, applications and key countries including UAE, Saudi and the rest of Middle East. Middle East Fire Extinguishers market outlook report provides an unbiased and detailed analysis of the on-going Middle East 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:
- Middle East Fire Extinguishers Market Outlook
- Middle East Fire Extinguishers Market Overview
- Middle East Fire Extinguishers Market Forecast
- Historical Data for the period 2016-2019 and Market Forecast of Middle East 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 UAE Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Saudi Arabia Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Qatar Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Bahrain Fire Extinguishers Market
- Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Middle East Fire Extinguishers Market
- Market Drivers and Restraints
- Middle East Fire Extinguishers Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Middle East 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:
- UAE
- Saudi Arabia
- Qatar
- Bahrain
- Rest of Middle East
