Asia Pacific Emergency Escape Breathing Device Market Size, Share, Report

Market Overview:

The Asia Pacific emergency escape breathing device market size reached US$ 1.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2032, exhibiting a growth rate (CAGR) of 8.73% during 2024-2032.

An emergency escape breathing device (EEBD) refers to an appliance that helps in escaping from hazardous conditions like fire, smoke, poisonous gases, biological hazards, and unsafe industrial and marine environment. These life-saving devices offer a usage time of up to 15 minutes. EEBDs are specially manufactured to provide airflow automatically as soon as the bag is opened. In the Asia Pacific region, the demand for EEBDs has escalated with a rise in the number of accidents in various industries related to hazardous materials.

The Asia Pacific EEBD market is primarily driven by the advancements in technology and the growing awareness about fire safety products. Apart from this, the increasing incidences of destructive events have escalated the demand for EEBDs in the region. Besides this, the implementation of stringent safety regulations and various government initiatives that impart required training skills to the staff regarding workplace safety are further driving the market. Additionally, the growing number of infrastructural projects and rising investment in offshore development is also providing a positive impact on the market. Furthermore, rapid industrialization in the emerging economies, like China and India, coupled with a significant number of floating liquefied natural gas vessels to be set up in Australia, is expected to impel the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the Asia Pacific emergency escape breathing device market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on product type and end user.

Breakup by Product Type:

• Air Supplying Breathing Apparatus
• Air Purifying Breathing Apparatus
   

Breakup by End User:

• Marine Sector
  • Middle Vessels
  • Small Vessels
  • Large Vessels
  • Very Large Vessels
• Oil and Gas Sector
• Others
   

Breakup by Country:

• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Asia Pacific emergency escape breathing device market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Asia Pacific emergency escape breathing device market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Asia Pacific emergency escape breathing device market and who are the key players?
• What is the degree of competition in the industry?