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The emergency escape breathing device market size was valued at USD 1.38 billion in 2023, driven by rapid technological advancements and the growing demand for advanced safety products in diverse sectors. The market is anticipated to grow at a CAGR of 10.3% during the forecast period 2024-2032 to reach a value of USD 3.33 billion by 2032.
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The global market is being driven by rapid technological advancements and the growing demand for advanced safety products in diverse sectors. Emergency escape breathing devices (EEBDs) are experiencing a strong demand owing to its lightweight, compact design, and user-friendly nature. These self-contained air apparatuses include cylinders, hood and facepieces, and pressure indicators.
North America and Europe are some of the significant markets for the product. The growth of the market in these regions can be attributed to the factors like stringent government regulations pertaining to safety and increased penetration of the key players.
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Emergency escape breathing device (EEBDs) is a kind of lifesaving appliance that is used for vacating or escaping an unbreathable or poorly oxygenated area with hazardous situations like fire, smoke, poisonous gases, biological hazards, and unsafe industrial and marine environments. Being a self-contained compressed air apparatus, the bag automatically provides airflow as soon as it is opened. The instrument is perfect for use in confined spaces, and marine, industrial, and oil and gas applications and is used when a person needs to quickly vacate his nearby surroundings with the device usage time of up to 15 minutes.
On the basis of product type, the global emergency escape breathing device industry is divided into:
On the basis of end-use, the industry can be further segmented into:
The report also covers the regional markets like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The market has been witnessing a healthy growth with the rapid advancement of technology and growing demand for advanced safety systems in various industries. The rising incidences and possibility of fatal accidents in chemical, mining, oil and gas, and other industries is leading to their increased adoption. Additionally, the implementation of stringent government regulations regarding safety and precautionary measures, particularly for industries like oil and gas, chemicals, and others, is further supporting the industry growth.
With the advancement in technology, the emergency escape breathing device industry has been experiencing a continuous evolution. Growing investment in research and development (R&D) by leading players to develop and innovate efficient products is expected to contribute to the industry growth significantly. For instance, Honeywell International Inc. has introduced Bio-S-Cape, which offers easy donning and improved comfort to the consumers as it is integrated with inflatable air cushion. This air cushion, which could be found towards the back of the head, allows the hood to fit securely over the head, thus ensuring a hand-free operation. Such trends are expected to aid the emergency escape breathing device industry growth over the forecast period.
The report gives a detailed analysis of the following key players in the global emergency escape breathing device market, covering their competitive landscape, capacity, and latest developments like mergers and acquisitions, investments, capacity expansion, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Supplier Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global emergency escape breathing device market reached a value of USD 1.38 billion in 2023.
The market is projected to grow at a CAGR of 10.3% during the forecast period of 2024-2032 to reach a value of USD 3.33 billion by 2032.
The major drivers of the market are increased utilisation of advanced safety products in sectors like oil and gas and chemicals, rising product demand from the developing regions, and implementation of strict regulatory policies by the governments across the nations, and growing technological advancements.
The key trends guiding the growth of the market include increased investments by the companies in research and development activities and launch of improved product range with advanced technology.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Air supplying breathing apparatus and air purifying breathing apparatus are the major emergency escape breathing device product types available in the market.
The major end uses of emergency escape breathing devices include the marine sector and the oil and gas sector, among others.
The key players in the global emergency escape breathing device market are MSA Safety Incorporated, 3M, Honeywell International Inc., Cam Lock Ltd., and Drägerwerk AG & Co. KGaA, among others.
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