Personal Floatation Devices Market Set to Deliver Major Revenue up to 2028 | Key Players are The Coleman Company, Johnson Outdoors Inc., Mustang Survival ULC, etc.
Get Sample PDF Illustration Here - https://www.factmr.com/connectus/sample?flag=S&rep_id=740
The personal floatation devices market continues to be influenced by a range of broader and industry-specific factors. Government regulations mandating the use of personal floatation devices on all vessels have been instrumental in promoting use among end-users. According to United States Coast Guard’s annual report, ‘Recreational Boating Statistics’, 80% of 701 deaths in the US in 2016 were on account of drowning – a staggering 83% of victims who drowned were not wearing a life jacket. Considering the fact that using a personal floatation device can significantly reduce the number of drowning fatalities, government and ombudsmen are working on making it mandatory for players to boost growth.
Demand has also witnessed an increase on account of increasing participation in recreation boating. While recreational boating has traditionally remained the biggest draw for manufacturers, sustained demand from oil & gas, and naval industry has also created sustained opportunities for manufacturers.
In a bid to consolidate their position in the market, personal floatation device manufacturers are focusing on making incremental improvement to their product offerings.
Sunshine Innovation announced the launch of its multi-use floatation device, which can also be used by people with personal disabilities. Sensing the gaps in the market for people with personal disabilities, Sunshine Innovations’ Float'n & Boat'n Thang® is targeting at helping everyone enjoy floating.
Survitech has broadened its lifeboat inspection programme by adding XD Quick Release Belt and Atacama Pro drysuit. These products are aimed at boosting the safety of emergency service personnel during flood rescue operations. These products can help rescue teams with the option of opting for inflatable lifejackets as their personal floatation device of choice.
‘OneUp’ floatation device promises next level of automation, as it has the provision of automatic inflation upon contact with water, owing to the use of replaceable CO2 cartridge. The inflation time for ‘OneUp’ floatation devices has been kept at two seconds, to ensure users get immediate assistance.
Browse Market Report with TOC Here - https://www.factmr.com/report/740/personal-floatation-devices-market
Use of personal floatation devices is mandatory for both adults and kids, however, in spite of effective regulation, implementation has been lax in many countries. Many developing countries have adequate laws in place that mandate the use of personal floatation devices, however, in view of lax implementation, penetration has remained moderate. The personal floatation devices market can witness robust growth in developing countries in Asia Pacific and Latin America if regulations and mandates on boating recreation are strictly implemented. The growing pervasiveness and popularity of e-commerce as a sales channel can help manufacturers in reaching last mile consumers in tier II and suburban areas.
Table of Content:
1.1. Summarizing Key Findings
1.2. Wheel of Fortune
1.3. Opportunity Assessment
1.4. Mega Trends
To buy this Report, Click here - https://www.factmr.com/checkout/740/S
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Suite 400, Rockville, MD 20852
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Personal Floatation Devices Market Set to Deliver Major Revenue up to 2028 | Key Players are The Coleman Company, Johnson Outdoors Inc., Mustang Survival ULC, etc. here
News-ID: 1636582 • Views: 727
More Releases from Fact.MR
Alexandrite Gemstone Lasers Market: Business Analysis, Scope, Size, Share, Growt …
Product launches in the alexandrite gemstone lasers market are precisely governed by positive regulations whose approval is required for any. Over the last few years, leading players in the alexandrite gemstone lasers market have established regulatory approvals across the globe, which has facilitated them to launch various products in the market. The launch of new products brings in new technology, which provides improved results to patients and eases treatment procedures. • In
Proliferative Vitreoretinopathy Market Size Analysis, Growth by Top Companies, T …
With the rise in emphasis on prevention and treatment of proliferative vitreoretinopathy (PVR), a serious ailment that leads to blindness despite repeated treatment, the requirement for vitreoretinal centers has gained importance worldwide. Prevention of PVR development at early stage RRD for preserving visual function in patients has become a primary agenda among medical researchers and clinicians. A recent Fact.MR analysis envisages the proliferative vitreoretinopathy market to reflect a modest 4.0%
Neonatal Ventilator Market to Expand with Significant CAGR During 2018 to 2028 | …
Efficacy of neonatal ventilators in reducing infant mortality continues to drive their adoption in healthcare settings, finds a new Fact.MR study. Global sales are likely to surpass 19,000 units in 2018, equating a market value of over US$ 440 Mn. End-users continue to show a marked affinity for hybrid neonatal ventilators that offer the advantages of both invasive and non-invasive variants. The neonatal ventilator landscape continues to be massively influenced by
Fetal and Neonatal Heart Monitor Market is predicted to grow at a staggering CAG …
Global sales of fetal and neonatal heart monitors are likely to surpass 261,000 units in 2018, with rising adoption in the US driving sales. Cardiotocographs remain the highest selling fetal and neonatal heart monitor devices, with global sales equating a valuation of nearly US$ 400 Mn in 2017. Demand continues to remain concentrated in hospitals and neonatal clinics, with the former accounting for a leading share. The fetal and neonatal heart
More Releases for Float
Float Level Switch Market Recent Developments & Emerging Trends To 2025
DataIntelo has recently added a concise research on the Float Level Switch Market to depict valuable insights related to significant market trends driving the industry. The report features analysis based on key opportunities and challenges confronted by market leaders while highlighting their competitive setting and corporate strategies for the estimated timeline. The report is a detailed study on the Float Level Switch Market with details regarding an in-depth assessment of the
Float Switch Market
2019-2025 GLOBAL FLOAT SWITCH MARKET REPORT:- The report presents an opportunity to unlock comprehensive insights with respect to the Global Float Switch Market and helps in forming well-informed strategic decisions. The research uncovers some of the substantial parameters that must be taken into consideration before entering into the Float Switch Market. The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top
Float Level Switch Market Future Growth Factors 2018-2023
Future Market Reports on Global Float Level Switch 2018 Research Report presents a professional and complete analysis of on the current Industry situation. The Global report includes Float Level Switch Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by Float Level Switch market players and the future prospects from various angles in detail. Industry
Global Float Level Sensors Market 2018 - Barksdale, FineTek, Dandong Top
Apex Market Research, recently published a detailed market research study focused on the "Float Level Sensors Market" across the global, regional and country level. The report provides 360° analysis of "Float Level Sensors Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Float Level Sensors industry, and estimates the future trend of
Global Survival Float Market 2018 - A-Laiturit, Baltic, Burke, Crewsaver
Apex Market Reports, recently published a detailed market research study focused on the “Survival Float Market” across the global, regional and country level. The report provides 360° analysis of “Survival Float Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Survival Float on
Urban Float Leverages Flexible Membership Plans for Rapid Growth, Retention
As float therapy continues to grow in popularity, Washington-based Urban Float is poised for rapid expansion. To support growth and boost center profitability, Urban Float has switched from their previous software system, Booker, to Zenoti. Urban Float offers floatation services in sensory-deprivation float pods, which provide physical and mental relaxation. Float therapy has been embraced by consumers as a way to help with stress, anxiety and pain management. Urban Float leverages memberships