According to the latest report by IMARC Group, titled “Emergency Escape Breathing Device Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global emergency escape breathing device market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global emergency escape breathing device market to grow at a CAGR of around […]
Global Emergency Escape Breathing Device Market Analysis and Forecast 2026
According to the latest report by IMARC Group, titled “Emergency Escape Breathing Device Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global emergency escape breathing device market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the global emergency escape breathing device market to grow at a CAGR of around 10% during 2021-2026. An emergency escape breathing device (EEBD) is a self-contained compressed air apparatus that is used for escaping an area under hazardous conditions. It is designed to be compact and conveniently packed so that it can be easily accessible to be used when hazards, such as fire, smoke, poisonous gases and biological contamination, break out in a particular area. It can be stored unopened for a long duration, but when opened, the device provides automatic airflow, which lasts around 15 minutes. Some of the essential components of the breathing device are mask, mouthpiece, nose clip, goggles and protective hoods to cover the breathing zone and face. It is widely used to escape fatal situations across various industry verticals, including marine, mining, industrial, and oil and gas.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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Global Emergency Escape Breathing Device Market Trends:
The global market is primarily driven by an increase in the demand for advanced safety systems across numerous sectors. These devices find extensive application in the marine sector, owing to the rising concerns regarding safety compliance, crew safety training and installation of safety equipment in the marine sector. They are also employed in hospitals, nursing homes and laboratories for ensuring the safety of the staff, patients and visitors. Moreover, growing incidences of fatal accidents in the mining and oil and gas industries, owing to the occupational risks associated with them, is also catalyzing the market growth. Furthermore, continual investments in research and development (R&D) by numerous key players to introduce efficient products is anticipated to create a positive outlook for the market. For instance, Honeywell International Inc. has launched Bio-S-Cape to offer easy donning and enhanced comfort to the user. It is also integrated with inflatable air cushion on the back of the head, which allows the hood to fit securely over the head to offer a hand-free operation. Other factors, such as the implementation of stringent government safety regulations, along with favorable initiatives, including imparting required training skills to the staff, increasingly undertaken by organizations, are anticipated to create a positive outlook for the market.
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Key Market Segmentation:
Competitive Landscape Key Player:
- MSA Safety Incorporated
- 3M Company, Honeywell International Inc.
- Drägerwerk AG & Co. KGaA
- Interspiro
- Cam Lock Ltd.
- SHIGEMATSU WORKS CO. LTD.
- Avon Polymer Products Limited
- KOKEN LTD.
- Matisec SAS
Market Breakup by End-User:
- Marine Sector
- Marine Sector Breakup by Vessel Type
- Middle Vessels
- Small Vessels
- Large Vessels
Market Breakup by Product Type:
- Air Supplying Breathing Apparatus
- Air Purifying Breathing Apparatus
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Competitive Structure
- Profiles of Key Players
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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