09-01-2017 12:08 PM CET - Politics, Law & Society
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Global marine firefighting equipment market to grow at a CAGR of 2.31% during the period 2017-2021

Press release from: MarketResearchReports.biz

MarketResearchReports.Biz presents this most up-to-date research on "global marine firefighting equipment market to grow at a CAGR of 2.31% during the period 2017-2021"

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Description

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.

Technavios analysts forecast the global marine firefighting equipment market to grow at a CAGR of 2.31% during the period 2017-2021.

Covered in this report
The 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 market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's 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
Sea-Fire

Other prominent vendors
BRK Brands
Danfoss Semco
Delta Fire
Elkhart Brass Manufacturing
Fluid Global Solutions
Garbarino Pumps Asia
Hochiki Europe
Jason Engineering
Kidde-Fenwal
NAFFCO
Survitec Group

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Market driver
Growing international market for OPVs
For a full, detailed list, view our report

Market challenge
Slowdown in South Korea's shipbuilding industry
For a full, detailed list, view our report

Market trend
Restructuring of China's economy
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product type
Global marine firefighting equipment market by product type
Fire mains and pumps, hydrants, hoses, and nozzles
Fire extinguishing systems
Water mist, water spray, and sprinkler systems
Fixed fire detection and alarm systems
PART 07: Geographical segmentation
Overview
Marine firefighting equipment market in APAC
Marine firefighting equipment market in EMEA
Marine firefighting equipment market in Americas
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Restructuring of China's economy
Rapidly evolving passenger ship safety measures due to growing cruise shipping industry
Trend of consolidations and alliances in the shipping industry

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PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Akron Brass
Amerex Fire International
Asiatic Fire System
Fireboy-Xintex
Sea-Fire
PART 14: Appendix
List of abbreviations

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