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Global Inflatable Marine Life Rafts 2017-2021

Global Inflatable Marine Life Rafts 2017-2021

About Inflatable Marine Life Rafts

Inflatable marine life rafts are small, rigid boats that are used for the emergency evacuation of a vessel. Inflatable rescue rafts likely have auto-inflation devices such as carbon dioxide canisters or mechanical pumps or may be inflated before deployment.Life rafts are used as a life-saving appliance for seagoing merchants and passengers. These are used along with life boats. However, life rafts are easier to launch than lifeboats. At the time of emergency, ships can be vacated without manually launching life rafts as they are designed with an auto-inflatable system.

Technavio’s analysts forecast the global inflatable marine life rafts to grow at a CAGR of 3.87% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global inflatable marine life rafts for 2017-2021. To calculate the market size, the report considers the demand for inflatable marine life rafts across various applications.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Inflatable Marine Life Rafts 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
  • LALIZAS
  • Plastimo
  • Survival products
  • VIKING LIFE-SAVING
Other prominent vendors
  • Chongqing Guanheng Technology & Development
  • Jiaxing Rongsheng Lifesaving Equipment
  • Galvanisers India
  • Revere Survival
  • Winslow Life Raft
  • Zodiac Nautic
  • Survitec Group
Market driver
  • Growth in sea borne trade
  • For a full, detailed list, view our report
Market challenge
  • Collapse of shipbuilding industry in China
  • For a full, detailed list, view our report
Market trend
  • Increase in participation of sea sports
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Inflatable Marine Life Rafts 2017-2021

Technavio recognizes the following companies as the key players in the global inflatable marine life rafts market: LALIZAS, Plastimo, Survival products, and VIKING LIFE-SAVING.

Other Prominent Vendors in the market are: Chongqing Guanheng Technology & Development, Jiaxing Rongsheng Lifesaving Equipment, Galvanisers India, Revere Survival, Winslow Life Raft, Zodiac Nautic, and Survitec Group.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increase in participation of sea sports. The increase in participation of sea sports will likely contribute to the demand for inflatable marine life rafts over the next few years. Recreational sea sports are a growing trend across countries. For instance, the Great Barrier Reef, in Australia, is an attractive location for snorkeling and scuba diving.”

According to the report, one of the major drivers for this market is Growth in sea borne trade. The seaborne trade has been growing gradually compared with the past decade and this is expected to drive the demand for more shipbuilding propelling demand for inflatable marine life rafts which is one of the necessary safety equipment on a ship. The seaborne trade contributes hugely in economic expansion and economic growth of countries and their respective regions. The rise in economy of any region will enhance the global economy which will witness in increasing seaborne trade.

Further, the report states that one of the major factors hindering the growth of this market is Collapse of shipbuilding industry in China. There has been a downtrend in the shipbuilding industry in China since 2016. The fact that shipbuilding companies in country are refraining from taking new orders is one of the major reasons for the downtrend. Approximately, 60% of shipbuilding enterprises took no new orders in China in 2016. Some of the large shipbuilding enterprises, including Jiangsu Rongsheng, Shuntian Shipbuilding, Nantong Mingde, Zhejiang Zhenghe, and Zhejiang Shipbuilding, were dramatically influenced and even encountered bankruptcy.

Companies Mentioned

LALIZAS, Plastimo, Survival products, VIKING LIFE-SAVING, Chongqing Guanheng Technology & Development, Jiaxing Rongsheng Lifesaving Equipment, Galvanisers India, Revere Survival, Winslow Life Raft, Zodiac Nautic, and Survitec Group.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table SCI-A throw overboard inflatable life raft (SOLAS)
      • Table SCI-D davit launched inflatable life raft (SOLAS)
      • Table SCI-R open reversible inflatable life raft (SOLAS)
      • Table Global inflatable marine life rafts market by geography 2016-2021
      • Table Global inflatable marine life rafts market by application type 2016-2021
  • Market landscape
    • Market overview
      • Table Global inflatable marine life rafts market: Overview
    • Market size and forecast
      • Table Global inflatable marine life rafts market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Global inflatable marine life rafts market by application
      • Table Global inflatable marine life rafts by application 2016 and 2021 (%)
    • Global inflatable marine life rafts market for ocean applications
      • Table Global inflatable marine life rafts market for ocean applications 2016-2021 ($ millions)
    • Global inflatable marine life rafts market for offshore applications
      • Table Global inflatable marine life rafts market for offshore applications 2016-2021 ($ millions)
    • Global inflatable marine life rafts market for coastal applications
      • Table Global inflatable marine life rafts market for coastal applications 2016-2021 ($ millions)
  • Geographical segmentation
    • Table Global inflatable marine life rafts market by geography 2016 and 2021
    • Inflatable marine life rafts market in APAC
      • Table Inflatable marine life rafts market in APAC 2016-2021 ($ millions)
    • Inflatable marine life rafts market in EMEA
      • Table Inflatable marine life rafts market in EMEA 2016-2021 ($ millions)
    • Inflatable marine life rafts market in the Americas
      • Table Inflatable marine life rafts market in the Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global ocean cruise travelers 2012-2017 (in millions)
      • Table Growing international seaborne trade, 2011-2015 (millions of tonnes)
    • Market challenges
  • Market trends
    • Increase in participation of sea sports
      • Table Various sports activities experiencing growth in 2017
    • Adoption of advanced technology in inflatable marine life rafts
    • Hybrid lifesaving crafts
    • Compliance with new regulations
      • Table Various government standard regulations for inflatable marine life rafts
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
  • Key vendor analysis
    • LALIZAS
    • Plastimo
      • Table Different types of life rafts offered by Plastimo
    • Survival Products
    • VIKING LIFE-SAVING EQUIPMENT
      • Table List of inflatable marine life rafts with varying capacity
  • Appendix
    • List of abbreviations
  • Explore Technavio

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