Global Emergency Escape Breathing Device Market to Grow at 9.4% During 2024-2032, Impelled by Demand for Advanced Safety Solutions

March 12, 2020 | Healthcare

According to the latest report by IMARC Group, titled "Emergency Escape Breathing Device Market Report by Product Type (Air Supplying Breathing Apparatus, Air Purifying Breathing Apparatus), End Users (Marine Sector, Oil and Gas Sector, and Others), and Region 2024-2032," the global emergency escape breathing device market is expected to grow at a CAGR of 9.4% during 2024-2032. 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.

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.

Market Summary:

Based on the product type, the market is bifurcated into air supplying and air purifying breathing apparatus.
On the basis of the end users, the market has been divided into the marine sector (middle vessels, small vessels, large vessels, very large vessels), oil and gas sector, and other sectors.
On the geographical front, the market has been segregated into Asia Pacific, Europe, North America, Middle East and Africa, and Latin America.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include MSA Safety Incorporated, 3M Company, Honeywell International Inc, Drägerwerk AG & Co. KGaA, Interspiro AB (Ocenco, Inc.), Cam Lock Ltd, Shigematsu Works Co Ltd, Avon Protection, Koken Ltd and Matisec.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, End Users, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Companies Covered	MSA Safety Incorporated, 3M Company, Honeywell International Inc, Drägerwerk AG & Co. KGaA, Interspiro AB (Ocenco, Inc.), Cam Lock Ltd, Shigematsu Works Co Ltd, Avon Protection, Koken Ltd and Matisec
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Emergency Escape Breathing Device Market to Grow at 9.4% During 2024-2032, Impelled by Demand for Advanced Safety Solutions

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