North America Portable Fire Extinguisher Market Size & Outlook
North America portable fire extinguisher market, 2018-2030 (US$M)
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North America portable fire extinguisher market highlights
- The North America portable fire extinguisher market generated a revenue of USD 1,897.9 million in 2021.
- The market is expected to grow at a CAGR of 8.6% from 2022 to 2030.
- In terms of segment, dry chemical was the largest revenue generating agent in 2021.
- Carbon Dioxide is the most lucrative agent segment registering the fastest growth during the forecast period.
- Country-wise, Canada is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 1,897.9 million |
| Market revenue in 2030 | USD 3,978.4 million |
| Growth rate | 8.6% (CAGR from 2021 to 2030) |
| Largest segment | Dry chemical |
| Fastest growing segment | Carbon Dioxide |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry Chemical, Carbon Dioxide, Water, Foam |
| Key market players worldwide | RTX Corp, Johnson Controls International PLC, Hochiki Corp ADR, Yamato Holdings Co Ltd, Britannia Bulk Holdings Inc, Morita Group, Amerex Corporation, Ceasefire Industries, Activar Construction Products Group, FlameStop, Jockel Brandschutztechnik Service, Minimax, VanEx Fireco |
Other key industry trends
- In terms of revenue, North America region accounted for 20.8% of the global portable fire extinguisher market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,701.0 million by 2030.
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Portable Fire Extinguisher Market Scope
Portable Fire Extinguisher Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America portable fire extinguisher market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to portable fire extinguisher market will help companies and investors design strategic landscapes.
Dry chemical was the largest segment with a revenue share of 35.78% in 2021. Horizon Databook has segmented the North America portable fire extinguisher market based on dry chemical, carbon dioxide, water, foam covering the revenue growth of each sub-segment from 2018 to 2030.
Rising number of fire accidents and hazards in household and commercial premises is boosting the demand for portable extinguishers. Moreover, strict government regulations mandating the installation of extinguishers are expected to support the market growth.
The popularity of dry chemical fire extinguishers among consumers is attributed to their ability to be used on class A, B, and C fires. As a result, they are commonly used in small retail stores and commercial buildings.
Carbon dioxide extinguishers witness a high demand in commercial spaces as they are highly effective against class B and K fires, leaving no residue and collateral damage.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America portable fire extinguisher market , including forecasts for subscribers. This continent databook contains high-level insights into North America portable fire extinguisher market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America portable fire extinguisher market size, by country, 2018-2030 (US$M)
North America Portable Fire Extinguisher Market Outlook Share, 2021 & 2030 (US$M)
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