According to the new market research report “Car Fire Blanket- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Car Fire Blanket market size is projected to reach USD 128.2 million by 2030, at a CAGR of 32.6% during the forecast period.
- Global Car Fire Blanket MarketSize(US$ Million), 2019-2030
Source: QYResearch, “Car Fire Blanket- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Car Fire Blanket Top14Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, “Car Fire Blanket- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Car Fire Blanket include Bridgehill, Darley, Padtex, Prosol UK (Fire Cloak), Cunningham Covers, JUTEC, Tool Connection (Laser Tools), T-ISS (Fire Isolator), Texfire, AISCO, etc. In 2022, the global top five players had a share approximately 67.0% in terms of revenue.
Market Drivers:
Security awareness enhancement: With the increasing attention of people to traffic safety and fire safety, the requirements for automotive safety equipment are also constantly increasing. As an effective fire prevention equipment, car fire blankets will receive more attention and demand.
Automobile market growth: With population growth and economic development, the automobile market continues to expand. Car fire blankets are an important component of car safety equipment, and with the increase in car sales, the demand for car fire blankets will also increase.
Regulatory standards require that government regulation and policy support for automotive safety will promote the development of the car fire blanket industry. The government may take measures to require automobile manufacturers to provide higher levels of fire safety equipment, thereby driving the growth of demand for car fire blankets.
Restraint:
Manufacturing cost risk: The manufacturing process of car fire blankets requires the use of high-quality materials and strict testing and certification procedures. If raw material prices rise or manufacturing costs increase, it will have a negative impact on the profitability of the enterprise.
Market competition risk: The car fire blanket market is fiercely competitive with numerous competitors. If a company cannot provide competitive products and prices, it may lose market share.
Market Trend:
Customized services: The design of car fire blankets will be more personalized, providing customized services based on different vehicle models, uses, and environmental needs to increase applicability.
Efficient fire extinguishing technology: Car fire blankets will adopt more advanced fire extinguishing technologies, such as new fire extinguishing agents or chemical components, to provide more efficient fire extinguishing performance.
Application of environmentally friendly materials: More and more car fire blankets will be manufactured using environmentally friendly materials to reduce their impact on the environment.
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