Increasing Oil & Gas Industry Infrastructure Fuelling Growth Opportunities for Self-Contained Breathing Apparatus Manufacturers
United States, Rockville MD, June 21, 2022 (GLOBE NEWSWIRE) -- As per the recent published report by Fact.MR, a market research and competitive intelligence provider, the self-contained breathing apparatus (SCBA) market is valued at US$ 1.1 billion in 2022 and is predicted to expand at an impressive CAGR of 5.8% over the forecast period of 2022 to 2032.
Self-contained breathing apparatus continue to experience rapid technological changes with an expansion of scope, including tracking and physiological monitoring of indoor firefighters. Self-contained breathing systems have witnessed the integration of personal warning security alarms. Self-contained breathers, such as self-contained breathing apparatus (SCBA), are commonly used by firefighters and emergency responders to provide breathing air in life-threatening situations.
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SCBA have become increasingly popular as a product to ensure safety from unexpected hazards, which is expected to push global sales beyond US$ 1.9 billion by the end of 2032.
What Makes the United States a Huge Market for SCBA?
The U.S. self-contained breathing equipment market holds the largest market share at 91.5% in North America and is poised to record 4.5% CAGR over the projected years.
High product penetration in the United States is due to the strict regulatory scenario and increased employee awareness of personal safety. An increase in large-scale infrastructure projects in the industrial sector is expected to drive the growth of the SCBA market in the country.
Optimal market conditions such as highly skilled labor and affordable modern infrastructure are expected to increase the number of manufacturing facilities in the country. As a result, the United States will see high product demand growth over the coming years.
How is the Russia SCBA Market Predicted to Evolve? The Russia self-contained breathing apparatus market is expected to hold 41.7% market share in Europe by the end of 2032.
Russia has some of the largest multinational oil & gas companies in the world. SCBA is also used in the oil & gas sector on a large scale in the country. Volunteer firefighters are the backbone of the fire service sector in Russia, thereby increasing the demand for self-contained breathing systems.
Open circuit SCBA is in high demand in European nations such as Spain, France, and the United Kingdom.
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Key Segments Covered in the Self-contained Breathing Apparatus Industry Survey
SCBA Market by Application Sector :
SCBA Market by Sales Channel :
The global self-contained breathing apparatus market is highly competitive and fragmented owing to the presence of several regional and international players. Marketing strategies such as new product launches, product upgradation, conducting thorough research & developments, mergers & acquisitions, and partnerships & collaborations are being adopted by key players.
3M Corporation in May 2022 launched a new self-contained breathing apparatus solution designed specifically for law enforcement and special operations. The 3M Scott X3-21 Pro SCBA is the first SCBA-certified with the NFPA 1986 standard on respiratory protection equipment for tactical operations.
MSA Safety in July 2021 announced a partnership with U.K.-based non-profit FIRE AID to help protect firefighters across developing countries.
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Key players in the Self-contained Breathing Apparatus Market
Key Takeaways from Self-contained Breathing Apparatus Market Study
Open circuit SCBA is likely to reach a market share of 78.2% by the end of 2032.
Demand for positive pressure open circuit SCBA is likely to increase at a CAGR of 7.2% through 2032.
Firefighting application is likely to grow 1.9X over the forecast years.
Direct sales of SCBA will provide an absolute opportunity US$ 557.3 million by 2032.
Based on region, demand for self-contained breathing apparatus is expected to increase at a CAGR of 5.2% in Europe.
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With a repertoire of over thousand reports and 1 Billion-plus data points, the team has analysed the Industrial Goods across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services.
Explore Fact.MR's Coverage on the Industrial Goods Domain-
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Ammunition Market- The global ammunition market was valued at US$ 19.2 Billion in 2021, and is projected to register a Y-o-Y increase of 4.16% in 2022 to be valued at US$ 20 Billion. During the 2022-2032 period of assessment, demand is expected to rise at a 5.7% value CAGR, likely to reach US$ 35 Billion by the end of the said forecast period.
Personal Protective Equipment Market- As of 2021, sales of personal protective equipment were valued at US$ 51.5 Billion, and are expected to surge at a Y-o-Y growth rate of 2.9% in 2022, reaching US$ 53 Billion. Across the forecast period ranging from 2022-2032, the personal protective equipment market value is poised to expand at a CAGR of 6.6% to reach US$ 100.3 Billion.
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