Market Overview:
The global lifesaving equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the lifesaving equipment market can be attributed to the increasing awareness about safety and security among people, rising maritime trade, and growing demand for lifesaving equipment in swimming pools. The lifebuoy segment is expected to dominate the global lifesaving equipment market during the forecast period owing to its wide usage across various applications such as ships, swimming pools, and other applications. The Asia Pacific region is expected to lead the global lifesaving equipment market during the forecast period due to increasing maritime trade in this region.
Product Definition:
Lifesaving equipment is any device or apparatus that is used to prevent, reduce or mitigate the effects of an emergency. Lifesaving equipment can include things like fire extinguishers, first aid kits and evacuation chairs. The importance of lifesaving equipment cannot be overstated; it can mean the difference between life and death in an emergency situation.
Lifebuoy:
Lifebuoy is a brand of Reckitt Benckiser Group plc. Lifebuoy was initially launched as an oral care product in the UK in 1925 and has since then gained immense popularity due to its excellent cleaning properties. The product also acts as a surfactant, removing surface oils from objects thereby making it easier for subsequent cleaning processes.
The product’s excellent characteristics have made it one of the most used laundry products across the globe.
Lifeboat:
Lifeboat is a device used to rescue people or goods from a sinking or capsized vessel. It can be either floating or full-size vessels that are designed for water-based operations and equipped with equipment and supplies such as oars, life preservers, etc. Lifeboats have been in use since the early 1700s when they were first developed by the Dutch for commercial service on Lake Windermere.
Application Insights:
The ship application segment accounted for the largest revenue share of over 40% in 2017. The demand for lifeboats and other lifesaving equipment on board ships is generally higher than that in the swimming pool application owing to a number of factors, such as maritime accidents are more frequent than road accidents, therefore increasing the need to save lives at sea. In addition, countries with large maritime industries have a high demand for these products due to increased spending on safety measures by companies operating ships or boats. Countries like China and India are projected to witness significant growth over the forecast period owing to this factor.
The other applications segment includes sports ground/ playgrounds, public pools & aquatic centers and civil engineering projects (dams). This segment is expected witness considerable growth during the forecast period owing to an increase in government funding towards improving public infrastructure including dams & reservoirs across various regions globally which will result in an increase in Lifesaving Equipment (LSE) requirement globally.
Regional Analysis:
North America was the largest regional market in 2017 and will expand further at a steady CAGR from 2018 to 2030. The region is expected to witness increased adoption of lifeboats due to growing marine transport and tourism industry, which, in turn, is likely to boost the demand for lifesaving equipment. Furthermore, increasing offshore oil & gas exploration activities are projected to fuel product demand in North America over the forecast period.
Europe accounted for more than 25% of global revenue share in 2017 owing to high maritime safety standards observed there. Moreover, presence of key players such as MAREBOARD AB; SABA NATIONAL LIFE underlines its potential growth as a lucrative regional market over the next eight years.
Growth Factors:
- Increasing awareness about the importance of safety and security, especially in public places
- Rising incidences of accidental deaths, which is driving the demand for lifesaving equipment
- Growing popularity of adventure sports and water sports activities, which is leading to an increase in the demand for lifesaving equipment
- Technological advancements in lifesaving equipment that are making them more efficient and user-friendly
- The increasing number of emergency medical services (EMS) that are using lifesaving equipment as a part of their treatment protocols
Scope Of The Report
Report Attributes
Report Details
Report Title
Lifesaving Equipment Market Research Report
By Type
Lifebuoy, Lifeboat, Others
By Application
Ship, Swimming Pool, Other
By Companies
VIKING Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, Jiangsu Jiaoyan, Hatecke, Qingdao Beihai Shipbuilding, Vanguard, Shigi, VIKING Life-Saving Equipment, ACEBI, DSB Engineering, Balden Marine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Lifesaving Equipment Market Report Segments:
The global Lifesaving Equipment market is segmented on the basis of:
Types
Lifebuoy, Lifeboat, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ship, Swimming Pool, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VIKING Life-Saving Equipment
- Palfingermarine
- HLB
- Fassmer
- Survival Systems
- Jiangsu Jiaoyan
- Hatecke
- Qingdao Beihai Shipbuilding
- Vanguard
- Shigi
- VIKING Life-Saving Equipment
- ACEBI
- DSB Engineering
- Balden Marine
Highlights of The Lifesaving Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lifebuoy
- Lifeboat
- Others
- By Application:
- Ship
- Swimming Pool
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lifesaving Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lifesaving equipment is any device or system that can be used to save a person's life. This could include anything from a life jacket to an emergency flare.
Some of the key players operating in the lifesaving equipment market are VIKING Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, Jiangsu Jiaoyan, Hatecke, Qingdao Beihai Shipbuilding, Vanguard, Shigi, VIKING Life-Saving Equipment, ACEBI, DSB Engineering, Balden Marine.
The lifesaving equipment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lifesaving Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lifesaving Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lifesaving Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lifesaving Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lifesaving Equipment Market Size & Forecast, 2018-2028
4.5.1 Lifesaving Equipment Market Size and Y-o-Y Growth
4.5.2 Lifesaving Equipment Market Absolute $ Opportunity
Chapter 5 Global Lifesaving Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lifesaving Equipment Market Size Forecast by Type
5.2.1 Lifebuoy
5.2.2 Lifeboat
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lifesaving Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lifesaving Equipment Market Size Forecast by Applications
6.2.1 Ship
6.2.2 Swimming Pool
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lifesaving Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lifesaving Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lifesaving Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Lifesaving Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lifesaving Equipment Market Size Forecast by Type
9.6.1 Lifebuoy
9.6.2 Lifeboat
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lifesaving Equipment Market Size Forecast by Applications
9.10.1 Ship
9.10.2 Swimming Pool
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lifesaving Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Lifesaving Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lifesaving Equipment Market Size Forecast by Type
10.6.1 Lifebuoy
10.6.2 Lifeboat
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lifesaving Equipment Market Size Forecast by Applications
10.10.1 Ship
10.10.2 Swimming Pool
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lifesaving Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lifesaving Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lifesaving Equipment Market Size Forecast by Type
11.6.1 Lifebuoy
11.6.2 Lifeboat
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lifesaving Equipment Market Size Forecast by Applications
11.10.1 Ship
11.10.2 Swimming Pool
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lifesaving Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Lifesaving Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lifesaving Equipment Market Size Forecast by Type
12.6.1 Lifebuoy
12.6.2 Lifeboat
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lifesaving Equipment Market Size Forecast by Applications
12.10.1 Ship
12.10.2 Swimming Pool
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lifesaving Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lifesaving Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lifesaving Equipment Market Size Forecast by Type
13.6.1 Lifebuoy
13.6.2 Lifeboat
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lifesaving Equipment Market Size Forecast by Applications
13.10.1 Ship
13.10.2 Swimming Pool
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lifesaving Equipment Market: Competitive Dashboard
14.2 Global Lifesaving Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VIKING Life-Saving Equipment
14.3.2 Palfingermarine
14.3.3 HLB
14.3.4 Fassmer
14.3.5 Survival Systems
14.3.6 Jiangsu Jiaoyan
14.3.7 Hatecke
14.3.8 Qingdao Beihai Shipbuilding
14.3.9 Vanguard
14.3.10 Shigi
14.3.11 VIKING Life-Saving Equipment
14.3.12 ACEBI
14.3.13 DSB Engineering
14.3.14 Balden Marine
