Global Emergency Escape Breathing Device Market Report and Forecast 2023-2031
Global Emergency Escape Breathing Device Market Outlook:
The global emergency escape breathing device market value was USD 1.25 billion in 2022, driven by the increasing stringent safety regulations and standards imposed by governments and industry bodies across the globe. The market size is anticipated to grow at a CAGR of 10.3% during the forecast period of 2023-2031 to achieve a value of USD 3.03 billion by 2031.
Introduction
Emergency escape breathing devices (EEBDs) are critical safety equipment designed to provide respiratory protection to individuals in emergency situations, such as fires, chemical leaks, or other hazardous environments. These devices are compact, portable, and easy to use, allowing individuals to safely evacuate or navigate through dangerous areas with limited oxygen supply or high levels of toxic gases.
EEBDs typically consist of a hood or mask connected to a breathing apparatus that supplies breathable air or oxygen. They are equipped with features such as filters to remove harmful gases and particles, audible alarms for warning signals, and clear visibility to enable effective communication and visibility in low-light conditions.
Key Trends in the Emergency Escape Breathing Device Market
Some key trends involved in the emergency escape breathing device market are as follows:
Technological Advancements: The market for emergency escape breathing devices is driven by ongoing advancements in technology. Manufacturers are constantly working on improving the design, functionality, and performance of EEBDs. This includes the development of lightweight materials, enhanced filtration systems, improved communication systems, and extended battery life for longer use.
Compliance with Safety Regulations: The increasing focus on workplace safety and government regulations has propelled the demand for reliable and compliant emergency escape breathing devices. Organizations across various industries, including oil and gas, mining, manufacturing, and transportation, are implementing stringent safety measures to protect workers in emergency situations. This drives the adoption of EEBDs that meet specific safety standards and regulatory requirements.
Market Breakup by Product Type
Air Supplying Breathing Apparatus
Air Purifying Breathing Apparatus
Market Breakup by End User
Marine Sector
Oil and Gas Sector
Others
Emergency Escape Breathing Device Market Segmentations
Market Breakup by Region
North America
United States of America
Canada
Europe
United Kingdom
Germany
France
Italy
Others
Asia Pacific
China
Japan
India
ASEAN
Australia
Others
Latin America
Brazil
Argentina
Mexico
Others
Middle East and Africa
Saudi Arabia
United Arab Emirates
Nigeria
South Africa
Others
Emergency Escape Breathing Device Market Scenario
The market for emergency escape breathing devices (EEBDs) is experiencing significant growth due to the increasing emphasis on workplace safety and the need for effective respiratory protection in emergency situations. EEBDs are essential safety equipment used in various industries such as oil and gas, mining, manufacturing, transportation, and construction, among others.
The market is driven by several factors, including stringent safety regulations and standards imposed by governments and industry bodies. Organizations are taking proactive measures to ensure the safety of their workers and comply with these regulations, which is fueling the demand for reliable and compliant EEBDs.
Technological advancements play a crucial role in the market growth. Manufacturers are continuously investing in research and development to enhance the design, functionality, and performance of EEBDs. This includes the use of lightweight materials, improved filtration systems, enhanced communication features, and extended battery life. These advancements improve the usability and effectiveness of the devices, providing individuals with the confidence and protection they need during emergency situations.
Overall, the market for emergency escape breathing devices is witnessing significant growth due to the increasing emphasis on safety, technological advancements, and the need for reliable respiratory protection. With the rising demand for workplace safety and the continuous innovation in the field, the market is expected to expand further in the coming years.
Emergency Escape Breathing Device Market: Competitor Landscape
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
MSA
3M
Honeywell International Inc.
Dräger Nederland B.V.
Interspiro
Cam Lock Ltd.
Danaher
SHIGEMATSU WORKS CO., LTD.
Avon Protection
KOKEN LTD
MATISEC
Lifting Tackles
VIKING LIFE-SAVING EQUIPMENT A/S
F. Hoffmann-La Roche Ltd.
MeKo Laser Material Processing