Product Code: ETC030779 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Saudi Arabia Fire Extinguishers market currently, in 2023, has witnessed an HHI of 2584, Which has decreased slightly as compared to the HHI of 5297 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Saudi Arabia fire extinguishers market is expected to grow at a CAGR of 6.4% from 2020-2026. Fire extinguishers are mainly used in residential and commercial buildings, plants, warehouses, vehicles, and other industrial areas for protection against unexpected fires. The major drivers contributing to the growth of the Saudi Arabia fire extinguishers market include an increase in awareness about safety and security measures among people as well as stringent government regulations related to fire safety standards. Additionally, growing investments in industries such as petrochemical and oil & gas sectors across the country are expected to fuel the demand for fire extinguishers over the forecast period.
There has been a significant rise in awareness about safety & security measures among people due to their growing purchasing power coupled with increased access to information through various communication channels like social media platforms that have led them towards adopting preventive measures such as installing fire extinguisher systems especially across residential houses/buildings & offices. This factor is anticipated to enhance the growth of Saudi Arabia fire extinguisher market over the forecast period. The increasing investments across petrochemical and oil & gas sectors along with rising infrastructure developments within Saudi Arabia have resulted into an overall surge in demand for effective firefighting solutions including installation of new or replacement of existing ones which will further contribute positively towards driving up sales volume for this particular product segment thereby boosting its total revenues on large scale basis during assessment time frame until 2026 end year projections.
Lack Of Product Knowledge Among Customers ?? Another important challenge faced by stakeholders active inside larger ecosystem pertaining specifically towards usage aspect lies lack knowledge regarding products being offered currently onto table wherein customers might not be familiar enough understand how does it work etc before making any purchase decisions eventually
The outbreak of COVID-19 has significantly impacted various segments such as manufacturing, supply chain management, consumption patterns etc., which has also affected the demand for fire extinguishing solutions across Saudi Arabia due to closure/restrictions imposed by government bodies on several activities including construction work & other projects that require use of these systems thereby hampering its growth prospects over short term horizon. Additionally, restrictions imposed on international trade have led to delayed product shipments from manufacturers leading towards shortage in availability especially dry chemical powder type fire extinguishers adding further burden onto industry players operating within country??s boundaries thus restraining its near term expansion prospects across KSA region.
Some of major key players operating in Saudi Arabia Fire Extinguisher market include Amerex Corporation , Kidde Technologies Inc., MINIMAX GmbH Co KG , Tyco International PLC , Johnson Controls International PLC , BRK Brands Inc., Halon Recycling Corporation Ltd., Badger Fire Protection LLC and SimplexGrinnell LP among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Fire Extinguishers Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Fire Extinguishers Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Fire Extinguishers Market - Industry Life Cycle |
3.4 Saudi Arabia Fire Extinguishers Market - Porter's Five Forces |
3.5 Saudi Arabia Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Saudi Arabia Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2020 & 2030F |
3.7 Saudi Arabia Fire Extinguishers Market Revenues & Volume Share, By Agents, 2020 & 2030F |
3.8 Saudi Arabia Fire Extinguishers Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Saudi Arabia Fire Extinguishers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Fire Extinguishers Market Trends |
6 Saudi Arabia Fire Extinguishers Market, By Types |
6.1 Saudi Arabia Fire Extinguishers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2020-2030F |
6.1.4 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2020-2030F |
6.1.5 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2020-2030F |
6.1.6 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2020-2030F |
6.1.7 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.2 Saudi Arabia Fire Extinguishers Market, By Fire Type |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Cooking, 2020-2030F |
6.2.3 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2020-2030F |
6.2.4 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Flammable LiquidS, 2020-2030F |
6.2.5 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Solids, 2020-2030F |
6.2.6 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2020-2030F |
6.2.7 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2020-2030F |
6.3 Saudi Arabia Fire Extinguishers Market, By Agents |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2020-2030F |
6.3.3 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2020-2030F |
6.3.4 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2020-2030F |
6.3.5 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2020-2030F |
6.3.6 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2020-2030F |
6.3.7 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.4 Saudi Arabia Fire Extinguishers Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2020-2030F |
6.4.3 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Warehouses, 2020-2030F |
6.4.4 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Residential, 2020-2030F |
6.4.5 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.6 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2020-2030F |
6.4.7 Saudi Arabia Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
7 Saudi Arabia Fire Extinguishers Market Import-Export Trade Statistics |
7.1 Saudi Arabia Fire Extinguishers Market Export to Major Countries |
7.2 Saudi Arabia Fire Extinguishers Market Imports from Major Countries |
8 Saudi Arabia Fire Extinguishers Market Key Performance Indicators |
9 Saudi Arabia Fire Extinguishers Market - Opportunity Assessment |
9.1 Saudi Arabia Fire Extinguishers Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Saudi Arabia Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2020 & 2030F |
9.3 Saudi Arabia Fire Extinguishers Market Opportunity Assessment, By Agents, 2020 & 2030F |
9.4 Saudi Arabia Fire Extinguishers Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Saudi Arabia Fire Extinguishers Market - Competitive Landscape |
10.1 Saudi Arabia Fire Extinguishers Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Fire Extinguishers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |