What is Global Residential Dry Powder Fire Extinguisher Market?
The Global Residential Dry Powder Fire Extinguisher Market is a comprehensive study of the various aspects of the industry, including its size, growth, and key trends. This market revolves around the production and distribution of dry powder fire extinguishers for residential use. These devices are essential safety tools that help in controlling small fires at home before they escalate into major disasters. They work by releasing a dry chemical powder that suppresses the fire, hence the name. The market encompasses various types of extinguishers, including those used for different classes of fires, from Class A (ordinary combustibles) to Class C (electrical equipment). The market's global nature means it covers all regions of the world, with various key players contributing to its growth and development.
Less Than 5kg, 5kg-10kg, More Than 10kg in the Global Residential Dry Powder Fire Extinguisher Market:
The Global Residential Dry Powder Fire Extinguisher Market is segmented based on the weight of the extinguishers, which includes Less Than 5kg, 5kg-10kg, and More Than 10kg categories. The Less Than 5kg category is designed for minor, incipient stage fires, typically found in residential settings. These are lightweight, easy to handle, and ideal for quick response. The 5kg-10kg category is suitable for larger fires and offers a longer discharge time. These are often found in larger homes or small commercial settings. The More Than 10kg category is designed for significant fire risks and is typically used in commercial or industrial settings. Each category has its unique market dynamics, influenced by factors such as consumer preference, fire safety regulations, and technological advancements.
Kitchen, Courtyard, Other in the Global Residential Dry Powder Fire Extinguisher Market:
The usage of the Global Residential Dry Powder Fire Extinguisher Market products varies across different areas of the home, including the Kitchen, Courtyard, and Other areas. In the kitchen, these extinguishers are crucial as cooking fires are common. They can quickly suppress a fire caused by cooking oils or fats. In the courtyard or outdoor areas, these extinguishers can be used to control fires caused by barbecues or garden waste. The 'Other' category includes areas like the garage, where fires can be caused by flammable liquids or electrical faults. The market for each usage area is influenced by factors such as the frequency of fires, the potential severity of fires, and the awareness of fire safety among residents.
Global Residential Dry Powder Fire Extinguisher Market Outlook:
The future of the Global Residential Dry Powder Fire Extinguisher Market looks promising, as indicated by its market outlook. In 2022, the market was valued at a substantial US$ 265 million. This figure is expected to see a significant increase, reaching an estimated US$ 352.5 million by 2029. This growth trajectory, which represents a Compound Annual Growth Rate (CAGR) of 4.2%, is expected to be maintained from 2023 to 2029. This growth is driven by various factors, including increasing awareness about fire safety, technological advancements in fire extinguishers, and stringent fire safety regulations.
| Report Metric | Details |
| Report Name | Residential Dry Powder Fire Extinguisher Market |
| Accounted market size in 2022 | US$ 265 million |
| Forecasted market size in 2029 | US$ 352.5 million |
| CAGR | 4.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | UTC, Tyco Fire Protection, Minimax, Amerex, BRK, Yamatoprotect, BAVARIA, ANAF S.p.A., Longcheng, Gielle Group, Sureland, Presto, Tianyi, Ogniochron, Protec Fire Detection, HATSUTA SEISAKUSHO, Desautel |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
