Portland, OR -- (SBWIRE) -- 09/07/2017 -- Fire extinguishers are used for putting out fires and saving loss of property and lives. The fire extinguisher component includes a hand-held cylindrical pressure vessel containing an agent, which can be discharged to extinguish a fire. With the growth in fire safety concerns, it has become mandatory for every commercial and residential complex to be equipped with the fire extinguisher. Today, lot of players invest on manufacturing low cost and light weight fire extinguishers.
Rise in the fire safety norms in the global industry and strict government regulations boost the growth of the Fire Extinguisher Market. However, high cost of the fire extinguishers hinder the market growth. Irrespective of these challenges, demand for portable and automatic fire extinguisher by the construction and healthcare industry is expected to unfold various opportunities for new products and boost the market growth.
Key players profiled in this report are Amerex Corporation, BRK Electronics, Minimax GmbH & Co. KG, Nationwide Fire Extinguishers, Ansul, Badger fire extinguisher, Kidde, First alert, Rusoh, Inc., and Kanexfire.
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-This report provides an in-depth analysis of the fire extinguisher market to identify lucrative investment pockets.
-It identifies key drivers, opportunities, and restraints that shape the market, with a detailed impact analysis.
-Porters Five Forces analysis highlights the potency of buyers and suppliers to offer a competitive advantage to stakeholders to make profitable business decisions, thereby strengthening their networks.
-Current trends and future estimations are outlined to determine the overall market potential and highlight the profitable trends to gain a stronger foothold.
Fire Extinguisher Market Key Segmentation:
By Extinguishing Agents
-Multipurpose Dry Chemical
-Regular Dry Chemical
-Portable Fire Extinguisher
-Automatic Fire Extinguishers
By End User
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