Fire Extinguisher Inspection Services market

Fire Extinguisher Inspection Services Market Worth $8.3 Billion By 2030 | CAGR: 6.2%

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The global Fire Extinguisher Inspection Services market size is expected to be worth around US$ 8.3 billion by 2030, according to a new report by Vision Research Reports.

The global Fire Extinguisher Inspection Services market size was valued at US$ 4,523.1 million in 2020 and is anticipated to grow at a CAGR of 6.2% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 8.3 Billion by 2030
Growth Rate CAGR of 6.2% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Total Safety U.S., Inc.; High Rise Security Systems; Cintas Corporation; KOORSEN FIRE & SECURITY; JOHNSON CONTROLS INTERNATIONAL PLC; Reliable Fire & Security; Chubb Fire & Security Pty Ltd. (A Carrier Company); Protegis Fire & Safety; AAA Fire Protection, Inc.; Jim’s Fire Safety

Growth Factors

 Rising awareness among consumers about the importance of effectively securing their buildings and homes in case of a fire emergency has driven the demand for fire extinguisher inspection services. According to the National Fire Protection Association (NFPA), a global self-funded non-profit organization, approximately 30% of portable fire extinguishers in use are not in good condition or working properly, which means, when in need, a fire extinguisher may fail to work. As a result, safety requirements make the involvement of fire extinguisher inspection service necessary.

Recent developments in data analytics and cloud computing have enabled service providers to cater to customers through remote data access of inspection reports, instant relay of inspection results to service centers, and histogram of inspection reports and tracking mechanisms. These IT-enabled service offerings are a USP of various service providers such as Damia Global Services, FireLab, Asurio Inc., and STANLEY Security.

By Region Analysis

Asia Pacific dominated the market and accounted for the largest revenue share of 39.2% in 2020. The Confederation of Fire Protection Associations – Asia, (CFPA-Asia), is a body of leading fire protection organizations from the Asia Pacific Region that have joined forces to collectively direct their resources at reducing the global fire problem and increasing life safety.

North America is projected to witness a compound annual growth rate (CAGR) of 6.2% over the forecast period. In Canada, municipal councils establish and fund fire departments to deliver local fire protection and prevention services

Key Players

  • High Rise Security Systems
  • Cintas Corporation
  • KOORSEN FIRE & SECURITY
  • JOHNSON CONTROLS INTERNATIONAL PLC
  • Reliable Fire & Security
  • Chubb Fire & Security Pty Ltd. (A Carrier Company)
  • Protegis Fire & Safety
  • AAA Fire Protection, Inc.
  • Jim’s Fire Safety
  • Total Safety U.S., Inc.

Market Segmentation

  • Regional
    • North America
      • U.S.
    • Europe
      • U.K.
      • Germany
    • Asia Pacific
      • China
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Fire Extinguisher Inspection Services Market, By Region

7.1.  Fire Extinguisher Inspection Services Market, by Application, 2021-2030

7.1.1.    Residential

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Commercial

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Industrial

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Fire Extinguisher Inspection Services Market, Regional Estimates and Trend Forecast

8.1.  North America

8.1.1.    Market Revenue and Forecast, by Application (2017-2030)

8.1.2.    U.S.

8.1.3.    Rest of North America

8.1.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.  Europe

8.2.1.    Market Revenue and Forecast, by Application (2017-2030)

8.2.2.    UK

8.2.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.3.    France

8.2.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.2.4.    Rest of Europe

8.2.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.  APAC

8.3.1.    Market Revenue and Forecast, by Application (2017-2030)

8.3.2.    India

8.3.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.3.    China

8.3.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.4.    Japan

8.3.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.3.5.    Rest of APAC

8.3.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.  MEA

8.4.1.    Market Revenue and Forecast, by Application (2017-2030)

8.4.2.    GCC

8.4.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.3.    North Africa

8.4.3.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.4.    South Africa

8.4.4.1.        Market Revenue and Forecast, by Application (2017-2030)

8.4.5.    Rest of MEA

8.4.5.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.  Latin America

8.5.1.    Market Revenue and Forecast, by Application (2017-2030)

8.5.2.    Brazil

8.5.2.1.        Market Revenue and Forecast, by Application (2017-2030)

8.5.3.    Rest of LATAM

8.5.3.1.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 9.    Company Profiles

9.1.  High Rise Security Systems

9.1.1.    Company Overview

9.1.2.    Product Offerings

9.1.3.    Financial Performance

9.1.4.    Recent Initiatives

9.2.  Cintas Corporation

9.2.1.    Company Overview

9.2.2.    Product Offerings

9.2.3.    Financial Performance

9.2.4.    Recent Initiatives

9.3.  KOORSEN FIRE & SECURITY

9.3.1.    Company Overview

9.3.2.    Product Offerings

9.3.3.    Financial Performance

9.3.4.    Recent Initiatives

9.4.  JOHNSON CONTROLS INTERNATIONAL PLC

9.4.1.    Company Overview

9.4.2.    Product Offerings

9.4.3.    Financial Performance

9.4.4.    Recent Initiatives

9.5.  Reliable Fire & Security

9.5.1.    Company Overview

9.5.2.    Product Offerings

9.5.3.    Financial Performance

9.5.4.    Recent Initiatives

9.6.  Chubb Fire & Security Pty Ltd. (A Carrier Company)

9.6.1.    Company Overview

9.6.2.    Product Offerings

9.6.3.    Financial Performance

9.6.4.    Recent Initiatives

9.7.  Protegis Fire & Safety

9.7.1.    Company Overview

9.7.2.    Product Offerings

9.7.3.    Financial Performance

9.7.4.    Recent Initiatives

9.8.  AAA Fire Protection, Inc.

9.8.1.    Company Overview

9.8.2.    Product Offerings

9.8.3.    Financial Performance

9.8.4.    Recent Initiatives

9.9.  Jim’s Fire Safety

9.9.1.    Company Overview

9.9.2.    Product Offerings

9.9.3.    Financial Performance

9.9.4.    Recent Initiatives

9.10.              Total Safety U.S., Inc.

9.10.1.  Company Overview

9.10.2.  Product Offerings

9.10.3.  Financial Performance

9.10.4.  Recent Initiatives

Chapter 10.  Research Methodology

10.1.              Primary Research

10.2.              Secondary Research

10.3.              Assumptions

Chapter 11.  Appendix

11.1.              About Us

11.2.              Glossary of Terms

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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