Market Overview:
The global ship liferafts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing maritime trade and rising demand for rescue services. Based on type, the global ship liferafts market is segmented into large liferafts, middle liferafts, and small liferafts. The large lifes rafts segment is expected to account for a major share of the global ship lifes rafts market during the forecast period owing to their high capacity and durability. Based on application, maritime rescue services are expected to account for a major share of the global ship lifes rafts market duringthe forecast period owingto their growing demand across different regions worldwide.
Product Definition:
A ship liferaft is a small, inflatable boat that is designed to be used as a lifeboat on a ship. Ship liferafts are typically made of rubber or plastic and are filled with air. They can be either manually or automatically inflated. Ship liferafts are important for ships because they provide a way for passengers to escape in the event of an emergency.
Large Liferaft:
Large liferaft is a type of lifeboat used for longer duration which can carry more than 60 people. It is generally deployed in situations where the ship has to stay afloat for a longer period and can not afford to lose any more lives. The demand for large liferafts market size was valued at USD 1,099 million in 2016 and it is expected to grow at an estimated CAGR of XX% from 2017-2022.
Middle Liferaft:
Middle liferaft is the part of ship's liferaft that is located in between outer and inner liferaft. It has best view and it’s position can be changed by using winch. In middle liferaft there are seats for 16 people which are facing each other along with space for two wheelchairs, if needed.
Application Insights:
The maritime rescue application segment accounted for the largest revenue share of over 40% in 2017. The growth is attributed to the increasing number of shipping companies opting for this service due to rising awareness about providing immediate assistance in case of emergency at sea. In addition, governments around the world are taking initiatives to improve maritime safety and security, which will further boost industry growth over the forecast period.
Rivers rescue is expected to be fastest growing application segment from 2018 to 2030 owing to increased incidences of shipwreck and accidents on riverine waters across various regions including North America and Europe. Moreover, a rise in leisure boating activities on rivers across developed economies such as U.K.
Regional Analysis:
Europe was the largest regional market for ship liferaft accounting for a share of over 30% in 2017. The region is expected to dominate the industry on account of increasing incidents involving marine accidents and water-borne diseases. For instance, according to statistics provided by WHO, in 2016 around 16,000 people died due to multi-drug resistant tuberculosis (MDR TB) out of which 60% deaths were reported from Europe.
Asia Pacific is anticipated to be the fastest growing market with a CAGR exceeding 5% during the forecast period owing rising incidences of maritime accidents and natural disasters across countries like India and China as well as other South East Asian countries.
Growth Factors:
- Increasing demand for safe and reliable transportation: The growth of the global economy has led to an increase in the demand for safe and reliable transportation. This is particularly true for maritime transport, which is considered to be one of the most efficient and safest modes of transportation. Ship liferafts are an important part of maritime safety and are essential for ensuring the safety of passengers and crew in case of emergencies.
- Stringent safety regulations: The increasing number of accidents at sea has led to a heightened awareness among regulators about the need for improved safety standards in maritime transport. As a result, there has been a significant tightening up of regulations governing ship liferafts over the past few years. This is likely to lead to increased demand for ship liferafts in coming years as shipping companies strive to meet these new regulatory requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ship Liferafts Market Research Report
By Type
Large Liferaft, Middle Liferaft, Small Liferaft
By Application
Maritime Rescue, Rivers Rescue
By Companies
LALIZAS, Survitec, VIKING, SHM, Shanghai Youlong Rubber Products, FUJIKURA COMPOSITES, Shanghai Star Rubber Products
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Ship Liferafts Market Report Segments:
The global Ship Liferafts market is segmented on the basis of:
Types
Large Liferaft, Middle Liferaft, Small Liferaft
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
Maritime Rescue, Rivers Rescue
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:
- LALIZAS
- Survitec
- VIKING
- SHM
- Shanghai Youlong Rubber Products
- FUJIKURA COMPOSITES
- Shanghai Star Rubber Products
Highlights of The Ship Liferafts 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:
- Large Liferaft
- Middle Liferaft
- Small Liferaft
- By Application:
- Maritime Rescue
- Rivers Rescue
- 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 Ship Liferafts 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.
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- Correctly Positioning New Products
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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?
Ship Liferafts are a type of emergency lifeboat that can be deployed from a ship in case of an emergency. They are designed to hold up to 80 people, and can be launched using either a manual or automatic system.
Some of the major companies in the ship liferafts market are LALIZAS, Survitec, VIKING, SHM, Shanghai Youlong Rubber Products, FUJIKURA COMPOSITES, Shanghai Star Rubber Products.
The ship liferafts 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 Ship Liferafts 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 Ship Liferafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ship Liferafts 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 Ship Liferafts 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 Ship Liferafts Market Size & Forecast, 2020-2028
4.5.1 Ship Liferafts Market Size and Y-o-Y Growth
4.5.2 Ship Liferafts Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Large Liferaft
5.2.2 Middle Liferaft
5.2.3 Small Liferaft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Maritime Rescue
6.2.2 Rivers Rescue
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ship Liferafts 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 Ship Liferafts 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Large Liferaft
9.6.2 Middle Liferaft
9.6.3 Small Liferaft
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 Market Size Forecast by Applications
9.10.1 Maritime Rescue
9.10.2 Rivers Rescue
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Large Liferaft
10.6.2 Middle Liferaft
10.6.3 Small Liferaft
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 Market Size Forecast by Applications
10.10.1 Maritime Rescue
10.10.2 Rivers Rescue
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Large Liferaft
11.6.2 Middle Liferaft
11.6.3 Small Liferaft
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 Market Size Forecast by Applications
11.10.1 Maritime Rescue
11.10.2 Rivers Rescue
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Large Liferaft
12.6.2 Middle Liferaft
12.6.3 Small Liferaft
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 Market Size Forecast by Applications
12.10.1 Maritime Rescue
12.10.2 Rivers Rescue
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Large Liferaft
13.6.2 Middle Liferaft
13.6.3 Small Liferaft
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) Market Size Forecast by Applications
13.10.1 Maritime Rescue
13.10.2 Rivers Rescue
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 Ship Liferafts Market: Competitive Dashboard
14.2 Global Ship Liferafts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 LALIZAS
14.3.2 Survitec
14.3.3 VIKING
14.3.4 SHM
14.3.5 Shanghai Youlong Rubber Products
14.3.6 FUJIKURA COMPOSITES
14.3.7 Shanghai Star Rubber Products
