Firefighting Hose Market Projected to be Resilient During 2018-2026
Fact.MR has announced the addition of the “Firefighting Hose Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018-2026" report to their offering.
[UKPRwire, Wed Sep 18 2019] Innovative Firefighting Hose Designs to Enhance Maneuverability and Save Lives
The efficacy of firefighting equipment lies in its ability to not only exterminate the fire but also how quickly and adeptly responders approach fire scenes. Traditionally the self-contained breathing units that firefighters carried with them were voluminous and bulky. Firefighting hose innovations have led to the development of state-of-the-art technology that can give fire fighters an unlimited supply of air by running an airline from the supply truck directly through the firefighting hose. This mitigates fatalities especially if fire fighters find themselves trapped inside burning buildings and are short on air. These newer firehoses down the airline to the trapped fire fighter till such time he is rescued.
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Other innovations include couplers which supply breathable air and a fire suppressant through the hose. The innovative coupler design on the firefighting hose provides a simultaneous supply of air and foam for fire extinguishing. This new and improved coupler technology is all set to bring about massive disruption in the firefighting industry. Enhanced maneuverability is also possible with the help of firefighting robots. These robots come with a t-valve that releases water from the firehose whenever the robot moves to a new location. The technology is highly useful as it saves firefighters a large amount of time and energy which they would otherwise expend in moving filled firefighting hoses. The need for innovative safety equipment will increase competition among manufacturers to provide more tech-savvy and durable solutions in firefighting solutions.
Firefighting Hose Market is expected to grow with Significant Growth Rate
Firefighting hose is used to carry water or other fire extinguishers, like foam. The firefighting hose for outdoor application is connected to fire hydrant or fire engine, which aids in extinguishing the fire. The end user always demands for the corrosion resistant and durable products to use as firefighting hose. Manufacturers are investing in R&D to provide firefighting hose with less pricing and more durability. The end user preference and suppliers selection for firefighting hose is likely to increase the competition among manufacturers to provide more economical and durable firefighting hose in the forecast period. The global firefighting hose market is estimated to grow with the single digit CAGR over the forecast period, 2018-2027.
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Growing Awareness among Consumers Likely to Boost Firefighting Hose Market
The growing industrialization and need for safety equipment is the driving factor for the firefighting hose market across the globe. The consumer awareness for the fire safety and techniques promotes the use of firefighting hose.
The growing demand for firefighting hose from municipality department, forestry department and industrial application is likely to contribute to the growth of the global firefighting hose market. The government provides subsidy on firefighting equipment to increase the adoption of firefighting safety measures at different industrial workstation. Also, some authorities and local government impose stringent regulations to take fire safety measures in industrial and commercial facilities, which is likely to boost the growth of firefighting hose market.
Demand for Industrial Firefighting Hose Market is growing at a significant rate
Firefighting hose can be segmented on the basis of product type as supply firefighting hose, attack hose, forestry hose, booster hose and suction hose.
Firefighting hose market can also be segmented on the basis of the material type as a natural fiber, synthetic fiber and elastomers. The modernization and economic cost of elastomer Firefighting hose is the main reason for the growth in the demand across the global Firefighting hose market.
The Firefighting hose market can be segmented on the basis of end-user application as municipal hose, industrial hose, and forestry hose. The industrial Firefighting hose has a considerable share in the global Firefighting hose market.
North America is expected to dominate in the Global Firefighting Hose Market
The global Firefighting hose market is segmented into Latin America, Western Europe, North America, Asia and Pacific excluding Japan (APEJ), Eastern Europe, Japan, and the Middle East and Africa (MEA). The regional segments also include emerging countries such as China, India, and Spain in the Firefighting hose market. Among the segmented regions, sales and demand for the Firefighting hose in North America is expected to hold a significant share in the global Firefighting hose market. The North America Firefighting hose market is growing due to the substantial growth in the food industry in the region.
Moreover, the significant growth of the bakery industry owing to the demand for economic and time-saving techniques in the developing regions, such as APEJ and Latin America, is expected to contribute to the growth of the global Firefighting hose market in the forecast period.
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Manufacturers are promoting Firefighting hose in the Global Market
Some of the key players in the firefighting hose market are KFH Industries Company, Hydroflex Pipe (P) Ltd., Rawhide Fire Hose LLC, Sanexen Environmental Services Inc., NORTH AMERICAN FIRE HOSE CORPORATION, and other players in the global market.
The manufacturers’ optimization to offer automated techniques including Firefighting hose in the bakery industry, which is expected to boost the demand in the forecast period. Moreover, companies are investing in the research & development and also enhancing marketing strategy, which is projected to promote the growth of the global Firefighting hose market over the forecast period, 2018-2027.
The research report presents a comprehensive assessment of the Firefighting hose market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Firefighting hose market research report provides analysis and information according to market segments such as geographies, application and industry.
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