Personal Floatation Devices Market during 2021-2025
This report provides in depth study of “Personal Floatation Devices Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Personal Floatation Devices Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
A Personal floatation devices or life vest are designed to be used as a support for ensuring safe floating over water. It is a category of protective equipment, particularly for safety while boating, water sports and for emergency situations. A lifejacket holds a person upright and can turn the person completely from face-down to face-up.
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While, a personal floatation device will retain floating position of persons but not essentially face-up. A personal floatation device is light in weight and less compact than a lifejacket. The personal floatation device is filled with foam to keep people warm in water and heat is uniformly distributed around the body.
Usually, off-shore life jacket uses in commercial craft, this jacket is designed to turn an unconscious person in the water to vertical or slightly reclining position. Near-shore buoyant vest flotation device is used for fast rescue operation owning to its lightweight. Flotation Aid are highly used for boating activity and water sports. There are also some specialized categories of personal floatation devices, primarily designed for navy and military uses.
Key Players:
The report has profiled some of the Important players prevalent in the global like – The Coleman Company Inc., National Marine Manufacturer Association, ABSOLUTE OUTDOOR INC., Aqua Lung International, Kent Sporting Goods Co., Inc., LALIZAS, International Safety Product Ltd., Hydrodynamic Industrial Co. Ltd, Johnson Outdoors Watercraft, Inc., Erez Europe, GALVANISERS INDIA, Supreme In Safety Services, United Moulders Limited, Hutchwilco Ltd., Marine Rescue Technologies Ltd. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Personal Floatation Devices.
Personal Floatation Devices Market: Dynamics
Increasing demand from government marine agency and coast guards are driving the demand for global personal floatation devices market. The responsibilities of coast guards include safety of vessels, maintenance of sea-marks, and enforcement of maritime law, search and rescue. These life jackets are available to them in their boats and nearby places of work and include some additional features such as whistles, emergency lights, etc. Furthermore, increasing activities such as fishing, boating and water sports are also driving the demand for personal floatation devices market.
Lack of awareness related to types of use, weight limit and life jacket fit and incomprehensible performance rating may hinder the global personal floatation devices market.
Personal flotation devices manufacturing companies across the globe are focusing on developing devices addressing health issues i.e. mitigate the effect of secondary drowning, cold water shock and hypothermia.
Global Personal Floatation Devices Market: Segmentation
Application – Passenger and aircraft crew, Government & Military, Water Sporting
Commercial Vessel – Cargo ships, Tugboats, Passenger ferries
Type – Offshore Lifejacket, Near-shore buoyant vest, Flotation Aid, Throw able device, Others (Special use device)
Actuation – Inflatable personal flotation devices( Manually activated, Automatically activated)
End-User: – Aquaculture industry, Oil & Gas industry, Naval industry, Other industry
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Personal Floatation Devices Market Manufacturers
Personal Floatation Devices Market Distributors/Traders/Wholesalers
Personal Floatation Devices Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Major Highlights of the Personal Floatation Devices Market Report:
- The Personal Floatation Devices Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Personal Floatation Devices Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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