Press release
Life-Support Pressure Vessels Market is Forecasted to Reach USD 812 Million in 2031, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm has launched a report on the global Life-Support Pressure Vessels Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/2307/life-support-pressure-vessels-market.html#form
Report Highlights: `
Market Size in 2031: USD 812 million
Growth (CAGR): 4.6% during 2025-2031
Forecast Period: 2025-2031
Trend Period: 2019-2023
Base Year: 2024
Number of Segments Covered: 3
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20
Segment Insights on the Life-Support Pressure Vessels Market:
The global Life-Support Pressure Vessels Market is segmented by application type, pressure vessel type and region
Based on application type: The market is segmented into SCBA and Medical Oxygen. Medical oxygen is set to be the primary demand generator for the life-support pressure vessels market, with rapid growth expected due to increasing oxygen needs in-home care, hospitals, and emergency services. The rising incidence of respiratory diseases and a greater focus on healthcare infrastructure are the key factors contributing to healthy growth in the market. In 2020, medical oxygen pressure vessels dominated the market and are expected to be the fastest-growing application during the forecast period. This growth is attributed to the significant surge in demand for medical oxygen pressure vessels to treat many COVID-19 patients.
Based on pressure vessel type: The market is segmented into Type I, Type II, Type III, and Type IV. In which, Type I vessels are likely to continue their leading position as they are affordable, reliable, and widely used in medical and industrial applications. However, Type IV vessels are catching up fast, thanks to their lightweight design, durability, and ability to handle higher pressures, making them ideal for cutting-edge applications in healthcare, aerospace, and defense. As industries move toward more efficient and advanced solutions, Type IV is set to grow rapidly, whereas Type I remains the go-to choice for cost-effective, everyday use.
To know the most attractive segments, click here for a free sample of the report: https://www.stratviewresearch.com/Request-Sample/2307/life-support-pressure-vessels-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Asia-Pacific is expected to maintain its dominance in the market during the forecast period and is projected to experience the fastest growth. This growth outlook is majorly attributed to the following-
• The rising adoption of advanced SCBA equipment in Asian economies, increased healthcare spending, and the growing prevalence of respiratory diseases in the region.
Life-Support Pressure Vessels Market Drivers:
The growth of the Life-Support Pressure Vessels Market is driven by several factors.
• The life-support pressure vessels market is steadily expanding, driven by the rising demand for life-support systems across healthcare, aerospace, defense, and space exploration industries.
• These vessels play a vital role in storing and supplying essential gases like oxygen, nitrogen, and carbon dioxide in controlled environments, ensuring the safety and survival of individuals in critical or high-risk scenarios. In healthcare, the growing incidence of chronic respiratory conditions has increased the need for portable oxygen cylinders and advanced life support systems.
• Meanwhile, the surge in space exploration missions and advancements in aerospace life support technologies are boosting the adoption of specialized pressure vessels. In the defense industry, deploying life support systems in submarines, fighter jets, and military vehicles is further driving demand.
Top 10 Companies in the Life-Support Pressure Vessels Market:
Stratview Research has identified the following companies as the top market players:
• Luxfer Holdings PLC
• Drägerwerk AG & Co. KGaA
• Cylinders Holding Group
• TriMas Corporation
• Everest Kanto Cylinder Ltd.
• Worthington Industries, Inc.
• Beijing Tianhai Industry Co., Ltd.
• Shenyang Gas Cylinder Safety Technology Co., Ltd
• Shanghai Bene High-Pressure Container Co., Ltd
• Sinoma Science & Technology Co., Ltd.
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Life-Support Pressure Vessels Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Pressure Vessels Market: https://www.stratviewresearch.com/438/Pressure-Vessel-Market.html
• Self-Contained Breathing Apparatus (SCBA) Market: https://www.stratviewresearch.com/2580/self-contained-breathing-apparatus-scba-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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