Consumer Goods and Retail Report Blog

  Expanding public transport infrastructure and increasing need for safety equipment to drive global fire extinguisher for vehicle market According to TechSci Research report,  “Global  Fire Extinguisher for Vehicle Market  By Product Type (Dry Chemical, Foam, CO2, Others), By Vehicle Type (Passenger Car, Heavy Commercial Vehicle (HCV), Light Commercial Vehicles (LCV)), By Region, Forecast & Opportunities, 2025” , the market is expected to undergo a substantial growth during the forecast period owing to expanding public transport infrastructure around the world. With increasing fleet size, there is a constant requirement of active fire safety equipment which can be used in emergency situations. Moreover, rising demand for passenger cars is also acting as a major booster for the market as fire extinguishers are now a vital component of passenger vehicles. Also, rapid economic growth and recovery of automotive industry over the past couple of years is supporting the growth of fire ex