According to the latest report by IMARC Group, titled “Emergency Escape Breathing Device Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global emergency escape breathing device market grew at a CAGR of around 11% during 2014-2019. Emergency escape breathing devices (EEBDs) are self-contained air apparatus that are used while evacuating from unbreathable, poorly oxygenated and highly toxic environments. These devices include cylinders, hood and facepieces, clear windows, and pressure indicators. As they are lightweight, compact and easy to use, they are widely used in the marine, and oil and gas sectors around the world.
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The increasing utilization of advanced safety systems in hospitals, labs and various industries represents one of the key factors driving the emergency escape breathing device market growth across the globe. Moreover, the rising adoption of safety measures on ships, owing to increasing concerns about the installation of safety equipment, safety compliance, and proper training to the officials and crew members, is further propelling the market growth. Besides this, rapid technological advancements, coupled with the introduction of innovations in the existing products by the manufacturers, is expected to create a positive outlook for the market. Looking forward, IMARC Group expects the global emergency escape breathing device market to continue its double digit growth during 2020-2025.
Market Breakup by End-User:
- Marine Sector
- Marine Sector Breakup by Vessel Type
- Middle Vessels
- Small Vessels
- Large Vessels
- Very Large Vessels
- Oil and Gas Sector
- Others
- Air Supplying Breathing Apparatus
- Air Purifying Breathing Apparatus