Market Overview:
The global market for Totally Enclosed Lifeboats is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market was valued at US$ 1,362.8 Mn in 2017 and is projected to reach US$ 2,023.4 Mn by 2030. The growth of the global market for Totally Enclosed Lifeboats can be attributed to the increasing demand for safety and security measures across various industries and applications. Additionally, the increasing awareness about safety among end-users is also propelling the growth of this market globally. However, volatility in prices of raw materials used in manufacturing lifeboats may restrain the overall growth of this market over the forecast period (2018-2030). Based on type, totally enclosed lifeboats with a capacity up to 30 persons are expected to dominate the global market throughoutthe forecast period followed by those with a capacity between 30-50 persons and 50-90 persons respectively . On accountof their low price point as comparedto other types such as thosewith capacities exceeding 90 personstotally enclosed lifeboatswith capacities up t o30 personswill continueto witness high demand from small & medium sized enterprises operating across various industry verticals such as marine transportation & logistics , oil & gas , construction etc . In terms offunctionality too , these boats find widespread application onboard tanker ships , cargo ships etc .
Product Definition:
A Totally Enclosed Lifeboat is a type of lifeboat that completely encloses the people inside, providing them with fresh air and protection from the elements. These boats are important for ensuring the safety of people who may be stranded at sea, as they provide a safe and comfortable environment in which to wait for rescue.
Capacity (
Capacity (30-50 Person):
Capacity (30-50 person) is the total number of passengers and crew that can be accommodated in a lifeboat or ship's boat during a maritime emergency. The term is used for both floating and submerged lifeboats as well as ships' boats.
Application Insights:
The other application segment includes cruise ships, oil and gas platforms, research vessels and icebreakers, military ships/crafts/submersibles, etc. The lifeboat is required to be used in case of emergencies on board these vessels as they are not allowed to enter a port for security reasons due to high risk of getting stuck or damaged while trying to get into the port. Thusly equipped boats are designed with enough capacity so that they can accommodate all passengers along with crew members in case of emergencies. These types of boats have been gaining popularity among leisure travelers owing to their ability provide safety during emergency situations at sea without the need for a rescue boat or helicopter assistance which reduces costs associated with logistics & travel expenses thereby making it affordable for an average middle-class family vacationing abroad. This factor is expected fuel demand over the forecast period especially from countries such as China & India who spend heavily on luxury vacations annually.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030. This can be attributed to the adoption of technologically advanced products and stringent regulations by regulatory bodies, such as IMO and ABS. Europe accounted for more than 25% share in 2017 owing to growing maritime tourism industry coupled with increasing marine accidents involving ships and coastal areas.
Growth Factors:
- Increasing demand for safety and security in maritime sector
- Growing popularity of totally enclosed lifeboats among ship owners and operators
- Proliferation of new regulations and standards pertaining to safety at sea
- Technological advancements in the design and construction of lifeboats
- Rising awareness about the benefits of using totally enclosed lifeboats
Scope Of The Report
Report Attributes
Report Details
Report Title
Totally Enclosed Lifeboats Market Research Report
By Type
Capacity (<30 Person), Capacity (30-50 Person), Capacity (50-90 Person), Capacity (>90 Person)
By Application
Tanker Ship, Cargo Ship, Other
By Companies
VIKING Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, Jiangsu Jiaoyan, Hatecke, Qingdao Beihai Shipbuilding, Jiangyinshi Beihai LSA, Jiangyin Neptune Marine, VIKING Life-Saving Equipment, Shigi, JingYin Wolong, Ningbo New Marine Lifesaving, Nishi-F, ACEBI, DSB Engineering, Wuxi Haihong Boat, 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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Totally Enclosed Lifeboats Market Report Segments:
The global Totally Enclosed Lifeboats market is segmented on the basis of:
Types
Capacity (<30 Person), Capacity (30-50 Person), Capacity (50-90 Person), Capacity (>90 Person)
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
Tanker Ship, Cargo Ship, 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
- Jiangyinshi Beihai LSA
- Jiangyin Neptune Marine
- VIKING Life-Saving Equipment
- Shigi
- JingYin Wolong
- Ningbo New Marine Lifesaving
- Nishi-F
- ACEBI
- DSB Engineering
- Wuxi Haihong Boat
- Balden Marine
Highlights of The Totally Enclosed Lifeboats 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:
- Capacity (<30 Person)
- Capacity (30-50 Person)
- Capacity (50-90 Person)
- Capacity (>90 Person)
- By Application:
- Tanker Ship
- Cargo Ship
- 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 Totally Enclosed Lifeboats 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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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?
Totally Enclosed Lifeboats are a type of inflatable boat that is enclosed by a watertight hull and has no openings other than the hatch. This type of boat is designed to provide complete protection from the elements for passengers and crew.
Some of the key players operating in the totally enclosed lifeboats market are VIKING Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, Jiangsu Jiaoyan, Hatecke, Qingdao Beihai Shipbuilding, Jiangyinshi Beihai LSA, Jiangyin Neptune Marine, VIKING Life-Saving Equipment, Shigi, JingYin Wolong, Ningbo New Marine Lifesaving, Nishi-F, ACEBI, DSB Engineering, Wuxi Haihong Boat, Balden Marine.
The totally enclosed lifeboats market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size & Forecast, 2018-2028 4.5.1 Totally Enclosed Lifeboats Market Size and Y-o-Y Growth 4.5.2 Totally Enclosed Lifeboats Market Absolute $ Opportunity
Chapter 5 Global Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Type
5.2.1 Capacity (<30 Person)
5.2.2 Capacity (30-50 Person)
5.2.3 Capacity (50-90 Person)
5.2.4 Capacity (>90 Person)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Applications
6.2.1 Tanker Ship
6.2.2 Cargo Ship
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Analysis and Forecast
9.1 Introduction
9.2 North America Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Type
9.6.1 Capacity (<30 Person)
9.6.2 Capacity (30-50 Person)
9.6.3 Capacity (50-90 Person)
9.6.4 Capacity (>90 Person)
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 Totally Enclosed Lifeboats Market Size Forecast by Applications
9.10.1 Tanker Ship
9.10.2 Cargo Ship
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 Totally Enclosed Lifeboats Analysis and Forecast
10.1 Introduction
10.2 Europe Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Type
10.6.1 Capacity (<30 Person)
10.6.2 Capacity (30-50 Person)
10.6.3 Capacity (50-90 Person)
10.6.4 Capacity (>90 Person)
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 Totally Enclosed Lifeboats Market Size Forecast by Applications
10.10.1 Tanker Ship
10.10.2 Cargo Ship
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 Totally Enclosed Lifeboats Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Type
11.6.1 Capacity (<30 Person)
11.6.2 Capacity (30-50 Person)
11.6.3 Capacity (50-90 Person)
11.6.4 Capacity (>90 Person)
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 Totally Enclosed Lifeboats Market Size Forecast by Applications
11.10.1 Tanker Ship
11.10.2 Cargo Ship
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 Totally Enclosed Lifeboats Analysis and Forecast
12.1 Introduction
12.2 Latin America Totally Enclosed Lifeboats 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 Totally Enclosed Lifeboats Market Size Forecast by Type
12.6.1 Capacity (<30 Person)
12.6.2 Capacity (30-50 Person)
12.6.3 Capacity (50-90 Person)
12.6.4 Capacity (>90 Person)
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 Totally Enclosed Lifeboats Market Size Forecast by Applications
12.10.1 Tanker Ship
12.10.2 Cargo Ship
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) Totally Enclosed Lifeboats Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Totally Enclosed Lifeboats 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) Totally Enclosed Lifeboats Market Size Forecast by Type
13.6.1 Capacity (<30 Person)
13.6.2 Capacity (30-50 Person)
13.6.3 Capacity (50-90 Person)
13.6.4 Capacity (>90 Person)
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) Totally Enclosed Lifeboats Market Size Forecast by Applications
13.10.1 Tanker Ship
13.10.2 Cargo Ship
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 Totally Enclosed Lifeboats Market: Competitive Dashboard
14.2 Global Totally Enclosed Lifeboats 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 Jiangyinshi Beihai LSA
14.3.10 Jiangyin Neptune Marine
14.3.11 VIKING Life-Saving Equipment
14.3.12 Shigi
14.3.13 JingYin Wolong
14.3.14 Ningbo New Marine Lifesaving
14.3.15 Nishi-F
14.3.16 ACEBI
14.3.17 DSB Engineering
14.3.18 Wuxi Haihong Boat
14.3.19 Balden Marine