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Global Automatic Fire Ball Extinguisher Market to reach USD 1,307 million by the end of 2029.

Global Automatic Fire Ball Extinguisher Market Size study & Forecast, by Agent (Dry Powder, Carbon Dioxide, Foam, Others), By Fire Type (Class A, Class B, Class C, Class D, Class K), By Application (Residential, Commercial), and Regional Analysis, 2022-2029

Product Code: OIRIA-85492695
Publish Date: 1-04-2023
Page: 200

Global Automatic Fire Ball Extinguisher Market is valued at approximately USD 801.7 million in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2029. An Automatic Fire Ball Extinguisher is a type of fire suppression device that uses a ball-shaped container filled with fire-retardant chemicals or agents that can extinguish fires automatically when it comes into contact with flames. The ball is designed to self-activate in the event of a fire, meaning it does not require any human intervention to operate. The device typically consists of a hollow, lightweight ball made of plastic or metal that contains a dry chemical powder or foam. When a fire breaks out, the ball’s outer shell will melt from the heat, allowing the powder or foam to disperse and extinguish the fire. The ball can be placed in areas where fires are most likely to occur, such as kitchens, electrical rooms, or other high-risk areas. The market demand is primarily driven by the factors such as Automatic fire ball extinguishers are easy to install and require little to no maintenance. This makes them an attractive option for small businesses and residential applications, coupled with Automatic fire ball extinguishers use non-toxic and environmentally friendly materials to extinguish fires, making them a safer and more sustainable option compared to traditional fire suppression systems.

In addition, with the growing awareness of the importance of fire safety, there is an increasing demand for fire safety solutions, including automatic fire extinguishers. This is especially true in residential and commercial settings where traditional fire suppression systems may be too expensive or difficult to install which is acting as major driving factors for market growth. The National Safety Council reported that the Every 23 seconds, a fire department responds to a fire. Every 93 seconds, a home structure fire was reported. Every 47 minutes, one person is injured in a house fire. Every three hours and eight minutes, one person is killed in a residential fire. In 2021, 1,353,500 fires killed 3,800 civilians and injured 14,700. In addition, there were 70 non-COVID-19 on-duty firefighter deaths and 78 COVID-19 firefighter deaths in 2021, thus, in turn, these factors are likely to escalate the demand for Automatic Fire Ball Extinguisher in the global market. Furthermore, many countries have strict fire safety regulations by government that require the installation of fire suppression systems in certain buildings or areas. The increasing enforcement of such regulations is driving the demand for automatic fire ball extinguishers, as well as the construction industry grows, the demand for fire safety equipment like automatic fire ball extinguishers is also expected to increase are presenting lucrative opportunities for market growth over the forthcoming years. However, Fluctuation in the cost of raw material is restricting the market growth over the forecast period of 2022-2029.

The key regions considered for the Global Automatic Fire Ball Extinguisher Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific dominated the market in terms of revenue, owing to the increase in rising markets including South Korea, China, and India. Also, the region’s booming industrial and commercial sectors are driving up demand for fireball extinguishers. The increasing number of rehabilitation projects and the implementation by various governments of fire safety regulations. Whereas, Asia Pacific is also expected to grow at the highest growth rate over the forecasting period. Factors such as increase in the number of fires and property damage in recent years are burgeoning the market growth in the forecasting years.

Major market players included in this report are:
Firetech Global Pty Ltd.
Elide Fire Ball Pro Co., Ltd.
Universal Fire Protection Co. Pvt. Ltd.
Fireball RSA
DANSA group Germany
Fire and Safety Systems LTD
Protection Engineering Pty Ltd.
Fire System Products
Perth Fire Protection Pty Ltd.
REMAC Fire Safety
Recent Developments in the Market:
 In April 2019, Firetech Global established a partnership with Marvel Gloves to distribute their innovative fire extinguishers throughout India.

Global Automatic Fire Ball Extinguisher Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Agent, Fire Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Agent:
Dry Powder
Carbon Dioxide

By Fire Type:
Class A
Class B
Class C
Class D
Class K

By Application:

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Automatic Fire Ball Extinguisher Market, by Region, 2019-2029 (USD Million)
1.2.2. Automatic Fire Ball Extinguisher Market, by Agent, 2019-2029 (USD Million)
1.2.3. Automatic Fire Ball Extinguisher Market, by Fire Type, 2019-2029 (USD Million)
1.2.4. Automatic Fire Ball Extinguisher Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automatic Fire Ball Extinguisher Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automatic Fire Ball Extinguisher Market Dynamics
3.1. Automatic Fire Ball Extinguisher Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Ease of installation and maintenance. Environment friendly and sustainable choice. Growing awareness of fire safety.
3.1.2. Market Challenges Fluctuations in the cost of raw material.
3.1.3. Market Opportunities Mandatory government rules and regulation. Growth in residential and commercial construction.
Chapter 4. Global Automatic Fire Ball Extinguisher Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Automatic Fire Ball Extinguisher Market, by Agent
6.1. Market Snapshot
6.2. Global Automatic Fire Ball Extinguisher Market by Agent, Performance – Potential Analysis
6.3. Global Automatic Fire Ball Extinguisher Market Estimates & Forecasts by Agent 2019-2029 (USD Million)
6.4. Automatic Fire Ball Extinguisher Market, Sub Segment Analysis
6.4.1. Dry Powder
6.4.2. Carbon dioxide
6.4.3. Foam
6.4.4. Others
Chapter 7. Global Automatic Fire Ball Extinguisher Market, by Fire Type
7.1. Market Snapshot
7.2. Global Automatic Fire Ball Extinguisher Market by Fire Type, Performance – Potential Analysis
7.3. Global Automatic Fire Ball Extinguisher Market Estimates & Forecasts by Fire Type 2019-2029 (USD Million)
7.4. Automatic Fire Ball Extinguisher Market, Sub Segment Analysis
7.4.1. Class A
7.4.2. Class B
7.4.3. Class C
7.4.4. Class D
7.4.5. Class K
Chapter 8. Global Automatic Fire Ball Extinguisher Market, by Application
8.1. Market Snapshot
8.2. Global Automatic Fire Ball Extinguisher Market by Application, Performance – Potential Analysis
8.3. Global Automatic Fire Ball Extinguisher Market Estimates & Forecasts by Application 2019-2029 (USD Million)
8.4. Automatic Fire Ball Extinguisher Market, Sub Segment Analysis
8.4.1. Residential
8.4.2. Commercial
Chapter 9. Global Automatic Fire Ball Extinguisher Market, Regional Analysis
9.1. Automatic Fire Ball Extinguisher Market, Regional Market Snapshot
9.2. North America Automatic Fire Ball Extinguisher Market
9.2.1. U.S. Automatic Fire Ball Extinguisher Market Agent breakdown estimates & forecasts, 2019-2029 Fire Type breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Automatic Fire Ball Extinguisher Market
9.3. Europe Automatic Fire Ball Extinguisher Market Snapshot
9.3.1. U.K. Automatic Fire Ball Extinguisher Market
9.3.2. Germany Automatic Fire Ball Extinguisher Market
9.3.3. France Automatic Fire Ball Extinguisher Market
9.3.4. Spain Automatic Fire Ball Extinguisher Market
9.3.5. Italy Automatic Fire Ball Extinguisher Market
9.3.6. Rest of Europe Automatic Fire Ball Extinguisher Market
9.4. Asia-Pacific Automatic Fire Ball Extinguisher Market Snapshot
9.4.1. China Automatic Fire Ball Extinguisher Market
9.4.2. India Automatic Fire Ball Extinguisher Market
9.4.3. Japan Automatic Fire Ball Extinguisher Market
9.4.4. Australia Automatic Fire Ball Extinguisher Market
9.4.5. South Korea Automatic Fire Ball Extinguisher Market
9.4.6. Rest of Asia Pacific Automatic Fire Ball Extinguisher Market
9.5. Latin America Automatic Fire Ball Extinguisher Market Snapshot
9.5.1. Brazil Automatic Fire Ball Extinguisher Market
9.5.2. Mexico Automatic Fire Ball Extinguisher Market
9.5.3. Rest of Latin America Automatic Fire Ball Extinguisher Market
9.6. Rest of The World Automatic Fire Ball Extinguisher Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Firetech Global Pty Ltd. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
10.2.2. Elide Fire Ball Pro Co., Ltd.
10.2.3. Universal Fire Protection Co. Pvt. Ltd.
10.2.4. Fireball RSA
10.2.5. DANSA group Germany
10.2.6. Fire and Safety Systems LTD
10.2.7. Protection Engineering Pty Ltd.
10.2.8. Fire System Products
10.2.9. Perth Fire Protection Pty Ltd.
10.2.10. REMAC Fire Safety
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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