Self-Contained Breathing Apparatus Market is Expected to Grow at 4.2% During 2022-2027
Self-Contained Breathing Apparatus Market is expected to reach US$ 1.5 Billion in 2027, growing at a CAGR of 4.2% during 2022- 2027, reports Stratview Research.
RAIPUR, India, Feb. 16, 2022 /PRNewswire/ -- Stratview Research, a leading market research firm has launched a report on the Self-Contained Breathing Apparatus Market which provides an in-depth analysis of the market dynamics, current and emerging trends, industry forecast, and competitive landscape.
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How is the Report Helpful?
The report has a very high utility for the key decision-makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyses the possible impact of COVID-19 on the market dynamics which offers cushioning against the uncertain business environment and helps in streamlining the resources and investment decisions in a fruitful manner.
What are the Top Market Drivers?
According to the report, the Self-Contained Breathing Apparatus Market is driven by a host of factors, some of which are noted below:
- Growing demand for firefighters, rising investments in surface and underground mining activities.
- Projected increase in chemical production in the coming years.
The report also includes growth rate estimates based upon the intensity of drivers and constraints and provides the users with several graphical illustrations of the key insights.
Self-Contained Breathing Apparatus Market Segmentation:
Stratview Research has segmented the market in the following 3 ways which fulfill the market data needs of multiple stakeholders across the industry value chain.
- Product Type (Closed-Circuit SCBA and Open-Circuit SCBA)
- End-Use Industry Type (Firefighting, Mining, Chemicals, and Others)
- Region (North America, Europe, Asia-Pacific, and Rest of the World)
Self-Contained Breathing Apparatus Market Insights
Market Trends by Product Type
Based on the product type, the SCBA market is segmented as closed-circuit SCBA and open-circuit SCBA.
Both product types are expected to grow at a similar rate during the forecast period, owing to the growing demand for SCBA by several industries such as mining, chemicals, and firefighting.
Open-circuit SCBA has widespread use and also dominates the market, whereas the closed-circuit SCBA is predominantly used when the concentration of fatal gases is too high
Which region offers the best opportunity and growth?
North America is expected to remain the largest market for SCBA during the forecast period. This region has a presence of a large number of global and regional players, such as MSA, Honeywell International Inc, and 3M, which are also the market leaders.
On the other hand, Asia-Pacific is estimated to witness the fastest market growth in the foreseen future, as the countries like China, India, Japan, and South Korea are generating an increased demand for SCBA in the industries such as chemicals, mining, and firefighting.
Europe is also likely to create sizeable opportunities in the coming five years, driven by the major countries such as the UK, France, Italy, and Germany, which are also the home of several leading players.
COVID-19 Impact on the Self-Contained Breathing Apparatus Market
COVID-19 has put an instant halt to many industries across the globe. Lockdown norms in several countries have swiftly affected the global economy by affecting the supply chain, production, and demand in the market. Both direct, as well as indirect impacts of the pandemic, have been incorporated in this report.
To know more about the covid-19 impact, get a free sample report, here:
Who are the Top Market Players?
After a thorough analysis of the market, the experts have listed few key players and discussed company profiles of below-given players -
- MSA
- Honeywell International Inc.
- Drägerwerk AG & Co. KGaA
- 3M
- Interspiro
- MATISEC
- Cam Lock Ltd
What deliverables will you get in this report?
- In-depth analysis of the Self-Contained Breathing Apparatus Market
- Detailed market segmentation.
- Competitive-landscape analysis.
- Historical, present, and future market size analysis.
- Industry trends, technologies, and advancements.
- Growth and operation strategies adopted by key players.
- Potential segments/regions offering promising growth.
- Geographical presence of the key players.
Related reports which might be useful:
1. Firefighter Self-Contained Breathing Apparatus (SCBA) Market
2. Firefighter Personal Protective Equipment (PPE) Market
About us
Stratview Research is a global market research firm that offers reliable market reports, market entry strategies, strategic growth consulting, and more. The market experts compile high-quality market information to help users obtain granular level clarity on current business trends and expected future developments. Stratview Research also offers customisation of the reports. Reach out to the analysts to customize the given report according to your priority/requirement.
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