A ship is approved to sail in water whether its international waters or domestic water only when it is constructed as per the fire safety system code and carries required fire-fighting appliances approved by the concerned authority. Presence of high temperature, excess quantity of flammable oil, and other combustible material in a ship might cause fire. Due to this, safety systems are mandatory in marine ships. This has resulted in the rising demand for marine firefighting equipment over a period of time. A ship is fitted with portable or fixed type of fire retardant and firefighting equipment. The fire-fighting equipment fitted in the ship should meet the requirement of MC SOLAS (Safety of Life at Sea) and approved by ICE (Immigration and Customs Enforcement).
MARKET DYNAMICS
There are various factors expected to drive the marine fire-fighting equipment market such as need for installation of safety equipment on ships, and the mandate regarding safety compliance. Rapidly evolving passenger ship safety measures due to increasing number of accidents in ships is expected to increase the demand for marine fire- fighting equipment during the forecast period. As per regulatory bodies such as the Safety of Life at Sea (SOLAS), use of firefighting equipment in a ship or cruise is mandatory. These safety regulations are one of the primary factors contributing to the growth of the market.
MARKET SCOPE
The "Global Marine Fire-Fighting Equipment Market Analysis to 2028" is a specialized and in-depth study of the Marine fire-fighting equipment market with a special focus on the global market trend analysis. The report aims to provide an overview of Marine fire-fighting equipment market with detailed market segmentation by type, product type. The global Marine fire-fighting equipment market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Marine fire-fighting equipment market player and offers key trends and opportunities in the Marine fire-fighting equipment market.
MARKET SEGMENTATION
The global Marine fire-fighting equipment market is segmented on the basis of type, product type. On the basis of type, market is segmented as portable, fixed. On the basis of product type, market is segmented as portable fire extinguishers, fire doors, fire dampers, fire pumps, fire main piping and valves, fire hose and nozzles, fire hydrants, fixed fire extinguishers, fire detectors and alarms, others..
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Marine fire-fighting equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Marine fire-fighting equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Marine fire-fighting equipment market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Porters five forces analysis highlighting factors effecting the Marine fire-fighting equipment market in these regions.
MARKET PLAYERS
The reports cover key developments in the Marine fire-fighting equipment market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Marine fire-fighting equipment market are anticipated to lucrative growth opportunities in the future with the rising demand for Marine fire-fighting equipment market. Below mentioned is the list of few companies engaged in the Marine fire-fighting equipment market.
The report also includes the profiles of key Marine fire-fighting equipment market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Akron Brass
- Amerex Fire International
- Asiatic Fire System
- Fireboy-Xintex
- Sea-Fire
- BRK Brands
- Danfoss Semco
- Delta Fire
- Elkhart Brass Manufacturing
- Fluid Global Solutions
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.