Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Fire Hose Market size was over USD 5.94 billion in 2024 and is poised to exceed USD 17.36 billion by 2037, witnessing over 8.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of fire hose is evaluated at USD 6.35 billion.
This growth of the market is impelled by the growing prevalence of residential fire accidents. For instance, there are thought to be about 358,499 residential fires each year. Hence, the demand for fire hoses is growing.
Moreover, owing to the growing awareness regarding fire safety, a large number of homeowners and communities are taking steps to safeguard their residences from fire. Hence, the adoption of fire hoses in their home or their residential building is on the rise.
Global Fire Hose Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Construction of Hotels- A total of about 1,841 hotels opened around the globe in 2022. However, every hotel faces the possibility of a fire, which might pose major harm to visitors, property, and even the company's reputation. Hence, the prevention of fires in hotels is always given priority. Therefore, the demand for fire hoses is anticipated to increase.
- Drastic Changes in the Climate- According to research, climate change results in warmer, drier circumstances. Wildfire risk is rising as a result of increased drought. Hence, on account of this, the demand for fire hoses is growing.
- Surge in Fire Accidents in Oil & Gas Industry- The ignition of combustible vapors or gases poses a fire and explosion risk in the oil and gas industries. Wells, trucks, production equipment, or surface equipment could all produce flammable gases such as well gases, vapors, and hydrogen sulfide.
Challenges
- High Price of Fire Hose
- Stringent Government Regulations
- Rising Environmental Concerns – Fire hose use is slated to affect the environment. It contains various harmful substances which could be further difficult to recycle. Hence, the preference for eco-friendly firefighting solutions is growing owing to surging awareness among people. Therefore, this factor is projected to hinder the growth of the market.
Fire Hose Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
8.6% |
|
Base Year Market Size (2024) |
USD 5.94 billion |
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Forecast Year Market Size (2037) |
USD 17.36 billion |
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Regional Scope |
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Fire Hose Segmentation
Application (Municipal Fire Services, Residential, Commercial)
Fire hose market from the municipal fire services segment is projected to generate the highest revenue by the end of 2037. Given their crucial function in controlling large-scale fires, fire hoses are essential to the municipal fire service sector. These structures are vulnerable to severe life losses owing to fire dangers since government organizations are needed to host a large number of guests in their daily activities. Therefore, government buildings must use effective fire hoses to prevent injury and property damage.
Product Type (Attack Hose, Supply Line Hose, Booster Hose)
The attack hose segment is projected to have significant growth over the projected period. This is since this type of hose makes it easy for the firefighters to transit the fire.
Our in-depth analysis of the market includes the following segments:
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Product Type |
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|
Application |
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Customize this ReportFire Hose Industry - Regional Synopsis
APAC Market Statistics
The Asia Pacific fire hose market is poised to have the highest growth by the end of 2037, backed by growing urbanization. Asia's urban population is projected to increase by 50% by 2050. Hence, the demand for fire hose is growing in residential and non-residential sectors in Asia Pacific. Moreover, the various key players are setting up their facilities in countries such as Thailand, Malaysia, and Vietnam owing to the easy availability of skilled labor along with low-cost raw materials.
North America Market Forecast
The North America fire hose market is estimated to have remarkable growth over the forecast period. This region is highly prone to forest fire owing to its changing climate, further boosting demand for fire hose.
Top Featured Companies Dominating the Global Fire Hose Market
- Johnson Controls
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Angus Fire
- Delta Fire Limited
- Trimble Inc.
- B.C. Ziegler and Company
- All-American Hose Acquisition LLC
- Armored Textiles, Inc.
- Armtec
- Chhatariya Firetech Industries
- Dixon Valve & Coupling Company, LLC
In the News
- The new Attack Pro dual, a dual agent nozzle created to deliver water, foam, or dry powder either independently or simultaneously, was Delta Fire Limited’s newest addition to their renowned Attack Pro Series of professional fire nozzles. This nozzle offers exceptional firefighting capabilities from a single nozzle.
- The manufacturer Richmond Foundry, LLC, formerly known as Richmond Industries, Inc., has joined the Dixon Valve & Coupling Company, LLC’s family of businesses. Richmond, a 40,000-square-foot foundry in Dayton, New Jersey, creates superb brass and bronze sand castings. The business supports the military, maritime, mechanical, and electrical industries and has more than 50 years of experience in metal casting.
Author Credits: Richa Gupta
- Report ID: 5002
- Published Date: Nov 08, 2024
- Report Format: PDF, PPT
