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The Mexico fire extinguisher market size reached approximately USD 110.87 million in 2023. The market is assessed to grow at a CAGR of 4.8% between 2024 and 2032 to attain a value of around USD 168.26 million by 2032.
Fire extinguishers are fire safety systems that are used to control or extinguish minor fires, especially during an emergency. They feature sources of compressed gas or hand pumps to propel the water through a nozzle. Carbon dioxide is one of the leading propellants used in fire extinguishers. They are essential to ensure the safety of buildings.
Based on product, the market is segmented into portable, knapsack, and wheeled. On the basis of extinguishing agent, the market can be divided into dry chemical (powder), foam, and carbon dioxide, among others.
By fire, the market is categorised into Class A, Class B, Class C, Class D, and Class K. The various applications of the product are industrial, commercial, and residential. The major regional markets for fire extinguisher in Mexico are into Baja California, Northern Mexico, the Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico fire extinguisher market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
Portable fire extinguishers account for a significant market share as they can easily be moved and are effective for the early stages of fire. By controlling the blaze initially, they also reduce the amounts of harmful pollutants released into the environment.
The increasing awareness regarding the efficacy of portable fire extinguishers to tackle small fires is further boosting their demand. Meanwhile, knapsack fire extinguishers are increasingly preferred to combat low-intensity fire as well as ember attacks.
The Mexico fire extinguisher market is being aided by the rising demand for fire safety equipment in commercial and industrial buildings to ensure the safety of occupants and reduce the risk of property loss and costly damages. The introduction of stringent regulations by the Mexican government aimed at ensuring fire safety in commercial buildings is also adding to the market.
In sectors like oil and gas, there is a rising demand for fire extinguishers that can offer enhanced durability, withstand corrosion, and provide superior fire protection.
Amerex Corporation, established in 1971, is a prominent supplier and distributor of wheeled and portable fire extinguishers aimed at the industrial and commercial sectors. The company is regarded as a pioneer in the fire protection sector and its products are known for their excellent quality. Its products are sold and marketed globally.
Johnson Controls International PLC is a company that aims to create safe, sustainable, smart, and healthy spaces through its innovative offerings. It utilises data-driven solutions and technologies like AI to provide valuable insight into the health, performance, and sustainability of buildings. Its products are used in diverse end-use sectors, ranging from healthcare to manufacturing, among others.
Resideo Technologies, Inc. is a leading distributor of low-voltage, fire, and security products. Through its innovative solutions and services, it aims to enhance the energy efficiency, comfort, security, and safety of residential spaces. Its products are licensed under the Honeywell Home brand, and they are used in over 100 countries.
Other players in the Mexico fire extinguisher market include A Carrier Company, ATP Fire Extinguishers, Grupo Casa Lima, and Buckeye Fire Equipment Company, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Extinguishing Agent |
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Breakup by Fire |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
In 2023, the market attained a value of nearly USD 110.87 million.
The market is estimated to grow at a CAGR of 4.8% between 2024 and 2032.
The market is projected to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 168.26 million by 2032.
The surging incidences of fire, the integration of technologies in fire extinguishers, and the rising demand for fire safety equipment in commercial and industrial buildings are the major drivers of the market.
The key trends propelling the market growth are advancements in fire safety technologies and the increasing awareness regarding the efficacy of portable fire extinguishers.
The major regions in the market are Baja California, Northern Mexico, the Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The different products considered in the market report are portable, knapsack, and wheeled.
The significant applications of fire extinguisher are industrial, commercial, and residential.
The major players in the Mexico fire extinguisher market are Amerex Corporation, A Carrier Company, Johnson Controls International PLC, ATP Fire Extinguishers, Grupo Casa Lima, Buckeye Fire Equipment Company, and Resideo Technologies, Inc., among others.
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