Product Code: ETC030764 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Fire Extinguishers market currently, in 2023, has witnessed an HHI of 1010, Which has decreased moderately as compared to the HHI of 2203 in 2017. The market is moving towards highly 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 India fire extinguishers market size is projected to reach USD 1.8 billion by 2026, growing at a CAGR of 4.6% during the forecast period 2020-2026. This growth can be attributed to the increasing incidences of residential and industrial fires, rapid urbanization & industrialization, stringent government regulations for safety & security in offices and public places, and technological advancements in fire protection systems.
1) Increasing Incidence of Residential and Industrial Fires: The rising incidence of household as well as commercial building fires has fueled the demand for fire extinguishers in India. Apart from this, natural disasters such as forest fires are also expected to drive the growth of the market during the forecast period.
2) Rapid Urbanization and Industrialization: There has been an increase in population due to migration into various cities across India resulting in increased construction activities which is further leading to increased demand for firefighting equipment including fire extinguishers among others. Moreover, with rapid industrialization across various sectors such as manufacturing plants among others there is an increased need for efficient firefighting systems which will fuel market growth over the forecast period 2020-2026.
3) Strict Government Regulations: The Indian government has implemented several regulations relating to safety measures against fire accidents with regard to high rise buildings among other areas such as educational institutions etc., these regulatory compliances have propelled manufacturers towards introducing new products complying with these standards thus driving up sales revenue from such offerings significantly during 2020-2026 .
1) Rising Adoption Of Automatic Fire Extinguisher Systems : With organizations emphasizing on cost optimization techniques automatic extinguishing systems are preferred more than conventional manual based ones owing to their benefits associated with them namely lower installation costs , maintenance-free operations , minimal human intervention required reducing chances of human error while operating etc., thereby pushing up their adoption rate across all end user segments over past few years.
2) Growing Demand For Portable Extinguishers : Devices account for almost 85% share out total unit sales within overall category thereby making it most popular choice when it comes down purchasing decision-making process since they come under purview personal budgets besides being easy handleable , lightweight design providing convenience while carriage operations alongplus having capability taking care variety types risks situations ranging small scale electrical shorts large scale structural blazes further enhancing its worthiness equation boosting its table stakes amongst key markets verticals like hospitality industry retail
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 India Fire Extinguishers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fire Extinguishers Market Revenues & Volume, 2020 & 2030F |
3.3 India Fire Extinguishers Market - Industry Life Cycle |
3.4 India Fire Extinguishers Market - Porter's Five Forces |
3.5 India Fire Extinguishers Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 India Fire Extinguishers Market Revenues & Volume Share, By Fire Type, 2020 & 2030F |
3.7 India Fire Extinguishers Market Revenues & Volume Share, By Agents, 2020 & 2030F |
3.8 India Fire Extinguishers Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 India Fire Extinguishers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Fire Extinguishers Market Trends |
6 India Fire Extinguishers Market, By Types |
6.1 India Fire Extinguishers Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Fire Extinguishers Market Revenues & Volume, By Product Type, 2020-2030F |
6.1.3 India Fire Extinguishers Market Revenues & Volume, By Automatic Fire Extinguishers, 2020-2030F |
6.1.4 India Fire Extinguishers Market Revenues & Volume, By Regular Dry Chemical, 2020-2030F |
6.1.5 India Fire Extinguishers Market Revenues & Volume, By Multi-Purpose Dry Chemical, 2020-2030F |
6.1.6 India Fire Extinguishers Market Revenues & Volume, By Portable Fire Extinguishers, 2020-2030F |
6.1.7 India Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.2 India Fire Extinguishers Market, By Fire Type |
6.2.1 Overview and Analysis |
6.2.2 India Fire Extinguishers Market Revenues & Volume, By Cooking, 2020-2030F |
6.2.3 India Fire Extinguishers Market Revenues & Volume, By Electrical Equipment, 2020-2030F |
6.2.4 India Fire Extinguishers Market Revenues & Volume, By Flammable LiquidS, 2020-2030F |
6.2.5 India Fire Extinguishers Market Revenues & Volume, By Solids, 2020-2030F |
6.2.6 India Fire Extinguishers Market Revenues & Volume, By Flammable Gasses, 2020-2030F |
6.2.7 India Fire Extinguishers Market Revenues & Volume, By Combustible Metals, 2020-2030F |
6.3 India Fire Extinguishers Market, By Agents |
6.3.1 Overview and Analysis |
6.3.2 India Fire Extinguishers Market Revenues & Volume, By Aqueous Film Forming Foams, 2020-2030F |
6.3.3 India Fire Extinguishers Market Revenues & Volume, By Potassium Bicarbonate, 2020-2030F |
6.3.4 India Fire Extinguishers Market Revenues & Volume, By Mono Ammonium Phosphate, 2020-2030F |
6.3.5 India Fire Extinguishers Market Revenues & Volume, By Sodium Bicarbonate, 2020-2030F |
6.3.6 India Fire Extinguishers Market Revenues & Volume, By Carbon Dioxide, 2020-2030F |
6.3.7 India Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
6.4 India Fire Extinguishers Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 India Fire Extinguishers Market Revenues & Volume, By Manufacturing and Construction Sites, 2020-2030F |
6.4.3 India Fire Extinguishers Market Revenues & Volume, By Warehouses, 2020-2030F |
6.4.4 India Fire Extinguishers Market Revenues & Volume, By Residential, 2020-2030F |
6.4.5 India Fire Extinguishers Market Revenues & Volume, By Commercial, 2020-2030F |
6.4.6 India Fire Extinguishers Market Revenues & Volume, By Factories and Food Processing Plants, 2020-2030F |
6.4.7 India Fire Extinguishers Market Revenues & Volume, By Others, 2020-2030F |
7 India Fire Extinguishers Market Import-Export Trade Statistics |
7.1 India Fire Extinguishers Market Export to Major Countries |
7.2 India Fire Extinguishers Market Imports from Major Countries |
8 India Fire Extinguishers Market Key Performance Indicators |
9 India Fire Extinguishers Market - Opportunity Assessment |
9.1 India Fire Extinguishers Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 India Fire Extinguishers Market Opportunity Assessment, By Fire Type, 2020 & 2030F |
9.3 India Fire Extinguishers Market Opportunity Assessment, By Agents, 2020 & 2030F |
9.4 India Fire Extinguishers Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 India Fire Extinguishers Market - Competitive Landscape |
10.1 India Fire Extinguishers Market Revenue Share, By Companies, 2023 |
10.2 India Fire Extinguishers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |