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Marine Firefighting Equipment Market to Grow at a CAGR of 2.31% by 2021

Press Release   •   Aug 31, 2017 02:35 EDT

How fast is the Marine Firefighting Equipment market growing?

Global Marine Firefighting Equipment Market to grow at a CAGR (Compound Annual Growth Rate) of 2.31% during the period 2017-2021.in the Four Years 2017 to 2021

Summary

About Marine Firefighting Equipment:

Marine firefighting equipment such as fire extinguishing systems, water mist, spray, and sprinkler systems, and fire detection and alarm systems is used in on board seaborne vessels to safeguard them from fire accidents. All sea vessels are required to carry a minimum number of marine firefighting equipment as per the regulations imposed by regulatory bodies. There are several regulations framed by the Safety of Life at Sea (SOLAS) Convention, particularly Regulation 10.10.4, which pertains to firefighting and the adoption of marine firefighting equipment in seafaring vessels.

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Covered in this report

This report covers the present scenario and the growth prospects of the global marine firefighting equipment market for 2017-2021. To calculate the market size, the report considers the demand for firefighting equipment from the marine industry.

The report is excellent in terms of geographical segmentation: Americas, APAC and EMEA.

This report, Global Marine Firefighting Equipment Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors: Akron Brass, Amerex Fire International, Asiatic Fire System,Fireboy-Xintex and Sea-Fire.

Market driver: Growing international market for OPVs and for a full, detailed list, view our report.

Market challenge: Slowdown in South Korea's shipbuilding industry and for a full, detailed list, view our report.

Market trend: Restructuring of China's economy and for a full, detailed list, view our report.

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Table of Contents

Executive summary

Scope of the report

Research Methodology

Introduction

Market landscape

Market segmentation by Product type

Geographical segmentation

Decision framework

Drivers and challenges

Market trends

Key leading countries

Vendor landscape

Key vendor analysis

Appendix

Continued…

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