Product Code: ETC030767 | 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 | |
Singapore Fire Extinguishers market currently, in 2023, has witnessed an HHI of 2472, Which has decreased slightly as compared to the HHI of 3373 in 2017. The market is moving towards moderately competitive. 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 Singapore Fire Extinguishers Market is expected to grow at a CAGR of 8.3% during the forecast period (2020-2026). The fire extinguisher market in Singapore has seen an increase in demand due to increasing awareness and stringent government regulations. Fire extinguishers are widely used for emergency evacuation, and for industrial safety purposes across different sectors such as petrochemicals, manufacturing plants, automotive industries ETC Moreover, with the growing population and high per capita income of people in Singapore have also been contributing towards increased demand for fire extinguishers from residential users as well as commercial establishments such as hotels, theaters ETC
Increasing Awareness About Safety Standards - Regulations requiring that all businesses must be equipped with proper fire protection measures are driving the growth of the fire extinguisher market in Singapore. Additionally, there has been an increase in awareness among citizens regarding home safety standards which is boosting the overall industry growth.Rising Incidents Of Fires - With rapid urbanization and escalating construction activities taking place across various parts of Singapore over recent years; there has been a rise in number of fires reported due to short circuits or electrical faults resulting from faulty wiring or combustible materials stored inside buildings or warehouses.This factor is driving up demand for better quality firefighting products including efficient types medium range portable/handheld devices like CO2 & Foam based dry chemical powder type units.
High Cost & Inadequate Availability - One major hindrance faced by customers while purchasing traditional models like carbon dioxide (CO2), foam-based dry chemical powder type units is their lack availability along with their high cost associated with them making it difficult for small companies & individual consumers who require these equipment on regular basis.
Some key players operating within Fire Extinguishers segment are Amerex Corporation, Tyco SimplexGrinnell LP, Wormald International Ltd, 3M Company, BRK Brands Inc., Pyramex Safety Products LLC., Kidde Aerospace & Defense Co.(UTC ), Potter Roemer Industries Ltd, Ansul (Tyco International PLC.) among others
The pandemic outbreak had heavily disrupted supply chains and operations around world causing both disruption & delays leading to decline in sales revenues owing to delay expansion plans by large companies coupled with nationwide lockdowns impacting production facilities thereby reducing capacities further affecting revenue stream negatively amidst ongoing economic crisis situation globally.However, rising incidents related to domestic fires combined surging need for advanced safety solutions will continue aiding industry???s recovery even after this unprecedented event subsides.
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 Singapore Fire Extinguishers Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Fire Extinguishers Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Fire Extinguishers Market - Industry Life Cycle |
3.4 Singapore Fire Extinguishers Market - Porter's Five Forces |
3.5 Singapore Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Singapore Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2020 & 2030F |
3.7 Singapore Fire Extinguishers Market Revenues & Volume Share, By Agents, 2020 & 2030F |
3.8 Singapore Fire Extinguishers Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Singapore Fire Extinguishers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Fire Extinguishers Market Trends |
6 Singapore Fire Extinguishers Market, By Types |
6.1 Singapore Fire Extinguishers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Fire Extinguishers Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 Singapore Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2020-2030F |
6.1.4 Singapore Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2020-2030F |
6.1.5 Singapore Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2020-2030F |
6.1.6 Singapore Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2020-2030F |
6.1.7 Singapore Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.2 Singapore Fire Extinguishers Market, By Fire Type |
6.2.1 Overview and Analysis |
6.2.2 Singapore Fire Extinguishers Market Revenues & Volume, By Cooking, 2020-2030F |
6.2.3 Singapore Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2020-2030F |
6.2.4 Singapore Fire Extinguishers Market Revenues & Volume, By Flammable LiquidS, 2020-2030F |
6.2.5 Singapore Fire Extinguishers Market Revenues & Volume, By Solids, 2020-2030F |
6.2.6 Singapore Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2020-2030F |
6.2.7 Singapore Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2020-2030F |
6.3 Singapore Fire Extinguishers Market, By Agents |
6.3.1 Overview and Analysis |
6.3.2 Singapore Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2020-2030F |
6.3.3 Singapore Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2020-2030F |
6.3.4 Singapore Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2020-2030F |
6.3.5 Singapore Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2020-2030F |
6.3.6 Singapore Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2020-2030F |
6.3.7 Singapore Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.4 Singapore Fire Extinguishers Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Singapore Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2020-2030F |
6.4.3 Singapore Fire Extinguishers Market Revenues & Volume, By Warehouses, 2020-2030F |
6.4.4 Singapore Fire Extinguishers Market Revenues & Volume, By Residential, 2020-2030F |
6.4.5 Singapore Fire Extinguishers Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.6 Singapore Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2020-2030F |
6.4.7 Singapore Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Fire Extinguishers Market Import-Export Trade Statistics |
7.1 Singapore Fire Extinguishers Market Export to Major Countries |
7.2 Singapore Fire Extinguishers Market Imports from Major Countries |
8 Singapore Fire Extinguishers Market Key Performance Indicators |
9 Singapore Fire Extinguishers Market - Opportunity Assessment |
9.1 Singapore Fire Extinguishers Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Singapore Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2020 & 2030F |
9.3 Singapore Fire Extinguishers Market Opportunity Assessment, By Agents, 2020 & 2030F |
9.4 Singapore Fire Extinguishers Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Singapore Fire Extinguishers Market - Competitive Landscape |
10.1 Singapore Fire Extinguishers Market Revenue Share, By Companies, 2023 |
10.2 Singapore Fire Extinguishers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |