Lifeboat

Lifeboat Market Outlook

The global lifeboat market is projected to reach USD 1.4 billion by 2035, growing at a CAGR of 5.8% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing regulations surrounding maritime safety and the rising demand for safety equipment across various industries, including commercial shipping, offshore oil and gas exploration, and defense. Additionally, the surge in maritime tourism and the growing need for evacuation systems in the event of emergencies are contributing to the expansion of the lifeboat market. The market is also benefitting from advancements in lifeboat technologies, leading to the development of more efficient and reliable safety solutions. These factors collectively drive the need for a diverse range of lifeboat types, capacities, and materials, catering to varying user requirements.

Growth Factor of the Market

Several factors contribute to the growth of the lifeboat market, primarily revolving around safety and compliance. The increasing awareness regarding maritime safety standards among shipping companies has led to a heightened demand for lifeboats equipped with improved safety features. The maritime industry's stringent regulations enforced by organizations such as the International Maritime Organization (IMO) emphasize the necessity for reliable lifeboats, ensuring passenger and crew safety during emergencies. Moreover, the growth of offshore oil and gas exploration activities has created a greater need for robust evacuation systems, further bolstering the lifeboat market. The introduction of advanced technologies in lifeboat design, such as self-righting capabilities and enhanced navigation systems, is also a significant factor driving market growth. Additionally, the rising number of maritime accidents and incidents has made companies more vigilant in investing in effective safety measures, contributing positively to the lifeboat market trajectory.

Key Highlights of the Market

• The lifeboat market is expected to grow at a CAGR of 5.8% from 2025 to 2035.
• Regulatory compliance is a major driver for the adoption of lifeboats across industries.
• Technological advancements are leading to the development of more efficient and reliable lifeboats.
• The commercial shipping sector represents a significant portion of the lifeboat market.
• Increased maritime tourism is contributing to the demand for advanced safety equipment.

By Type

Open Lifeboat:

Open lifeboats are designed to provide a quick and easy means of evacuation in emergency situations. These vessels are typically characterized by their simplicity and ease of access, allowing passengers to board quickly. Open lifeboats feature a lightweight construction and are engineered for rapid deployment, making them suitable for use in conditions where time is of the essence. Their ability to accommodate a large number of individuals makes them ideal for commercial shipping operations. However, open lifeboats are less protected from adverse weather conditions, which can pose risks during rough seas. Despite these challenges, their affordability and effectiveness in emergencies contribute to their continued relevance in the lifeboat market.

Enclosed Lifeboat:

Enclosed lifeboats offer enhanced protection for occupants compared to open lifeboats. Designed with an enclosed cabin, these lifeboats shield passengers from external elements, such as harsh weather conditions and rough seas. As a result, enclosed lifeboats are particularly favored in offshore oil and gas operations, where safety is paramount. The interior of an enclosed lifeboat often includes seating and safety equipment, enhancing the comfort and security of evacuees. Additionally, the enclosed design allows for better maneuverability in adverse conditions, making them a preferred choice for emergency evacuations in challenging maritime environments. Their growing adoption in various industries underlines the importance of safety features in lifeboat design.

Freefall Lifeboat:

Freefall lifeboats are known for their unique launching mechanism, which involves a freefall descent into the water. This innovative design allows for rapid deployment without the need for additional launching equipment, making them suitable for emergency situations where time is critical. Freefall lifeboats are typically used in offshore applications, where quick evacuation is essential. Their streamlined shape and high buoyancy enable them to remain stable upon water entry, ensuring the safety of passengers. The increased focus on advanced evacuation systems has led to a rise in the demand for freefall lifeboats in the maritime industry, particularly in sectors that prioritize safety and efficiency.

Partially Enclosed Lifeboat:

Partially enclosed lifeboats aim to provide a balance between safety and accessibility. With a design that offers partial protection from the elements while maintaining ease of access, these lifeboats serve as a versatile option for various maritime operations. Their structure allows for quick boarding while still offering some shelter against adverse weather conditions. Partially enclosed lifeboats are particularly popular in commercial shipping, where they fulfill the need for a cost-effective and efficient evacuation solution. The flexibility of their design ensures that they can be adapted to meet various safety regulations, contributing to their appeal among operators in multiple sectors.

Davit Launched Lifeboat:

Davit launched lifeboats are designed for controlled launching, enabling precise deployment from larger ships. These lifeboats are typically suspended from a davit system, which allows them to be lowered into the water with ease. The ability to launch lifeboats safely and reliably is crucial in emergency situations, making this type an essential component of many commercial vessels. Davit launched lifeboats offer a range of capacities, catering to different vessel sizes and passenger loads. Their robust design and efficient launching mechanism contribute to their growing popularity in the lifeboat market, particularly in sectors where safety and reliability are top priorities.

By Capacity

Less than 50 people:

Lifeboats with a capacity of less than 50 people are commonly used in smaller vessels, including fishing boats and leisure crafts. These lifeboats are designed for quick evacuation and are often equipped with essential safety gear for the limited number of occupants. Their compact size makes them easier to store and deploy, ensuring that they are readily available in emergency situations. The demand for smaller capacity lifeboats is driven by the increasing number of recreational boating activities and the growing emphasis on safety compliance in smaller maritime operations. Moreover, regulations often mandate the installation of lifeboats on smaller vessels, further contributing to this segment's growth.

50-100 people:

Lifeboats designed to accommodate between 50-100 individuals are commonly utilized in mid-sized commercial vessels. This capacity range is essential for ferries, smaller cargo ships, and offshore support vessels. These lifeboats balance the need for efficient evacuation systems with the practical limitations of vessel space. The increasing focus on passenger safety in the maritime industry is driving the demand for lifeboats in this capacity range. Furthermore, the expansion of the cruise ship industry, where passenger capacity is critical, is contributing to the rise in demand for lifeboats that can hold between 50 and 100 people. Their versatility and efficiency make them a popular choice among operators looking to enhance safety measures.

100-200 people:

Lifeboats with a capacity of 100-200 individuals are essential for larger vessels such as oil tankers, container ships, and cruise liners. These lifeboats are designed to ensure that a significant number of passengers can be evacuated efficiently during emergencies. Their larger size allows for additional safety equipment and provisions, catering to the comfort and well-being of evacuees. The growing trend of larger cruise ships and cargo vessels necessitates the installation of lifeboats that can accommodate 100-200 people, making them a critical segment of the lifeboat market. Additionally, regulatory requirements mandating sufficient evacuation capabilities further drive the demand for this capacity segment.

200-500 people:

Lifeboats designed for 200-500 people are primarily utilized in large commercial vessels, including supertankers and expansive passenger ships. These lifeboats play a crucial role in ensuring the safe evacuation of a substantial number of individuals during emergencies. Their design typically incorporates advanced safety features, ensuring that they can withstand adverse maritime conditions. The demand for lifeboats in this capacity range continues to grow as shipping regulations and safety standards become increasingly stringent. Operators of large vessels are compelled to invest in such lifeboats to comply with safety regulations and enhance passenger protection, thus contributing to this segment's expansion.

More than 500 people:

Lifeboats with a capacity of more than 500 individuals are mainly required on the largest ships, such as cruise liners and heavy cargo vessels. These lifeboats are engineered to meet the rigorous safety standards imposed by international maritime regulations. Their size and capacity ensure that a significant number of passengers can be evacuated swiftly during emergencies, making them indispensable for large maritime operations. The increasing passenger capacity of modern cruise ships heightens the demand for lifeboats in this category. Moreover, the focus on safety and compliance with maritime regulations compels operators to adopt lifeboats capable of accommodating large numbers of individuals, thus driving market growth in this segment.

By Material

Fiberglass:

Fiberglass is widely used in lifeboat construction due to its lightweight yet durable properties. This material offers excellent resistance to corrosion and is not susceptible to rust, making it ideal for maritime applications. Fiberglass lifeboats are easy to maintain and repair, contributing to their popularity among operators. The use of fiberglass allows for the design of streamlined lifeboats that can enhance speed during deployment. As fiberglass technology continues to advance, manufacturers are increasingly optimizing their designs for buoyancy and stability, which further bolsters the attractiveness of this material in the lifeboat market. Additionally, the growing preference for lightweight materials in maritime safety equipment is expected to spur the adoption of fiberglass lifeboats.

Aluminum:

Aluminum is another prevalent material used in lifeboat construction, particularly in environments where lightweight and strength are paramount. Aluminum lifeboats are known for their robustness and resistance to harsh weather conditions, making them suitable for various maritime applications. The material’s inherent properties allow for increased buoyancy, ensuring enhanced safety during emergencies. Furthermore, aluminum lifeboats can be fabricated into complex designs that provide innovative safety features. The versatility of aluminum in manufacturing processes allows for customization to meet specific operational requirements, making it a popular choice among operators in sectors such as offshore oil and gas, where durability is essential.

Steel:

Steel lifeboats are renowned for their durability and strength, making them an ideal choice for vessels operating in rough maritime conditions. These lifeboats can withstand significant impacts and adverse weather, providing a reliable evacuation option in emergencies. Although heavier than fiberglass and aluminum, steel lifeboats are often favored for larger vessels where weight is less of a concern. Their robust construction allows for a longer lifespan and sustained performance, making them a wise investment for operators prioritizing safety. The use of steel in lifeboat production is also complemented by advanced coatings and treatments to prevent corrosion, ensuring that these lifeboats remain functional and safe over time.

Others:

This category encompasses alternative materials used in lifeboat construction, including composite materials and advanced polymers. Manufacturers are increasingly exploring innovative materials to enhance performance while reducing weight. Composite materials often combine the best features of fiberglass and aluminum, leading to improved buoyancy and durability. The continuous evolution of material science is enabling the development of lifeboats that not only meet regulatory standards but also provide enhanced safety features. As the maritime industry looks to improve evacuation time and efficiency, the demand for lifeboats made from alternative materials is expected to grow, offering operators additional options to enhance safety measures aboard their vessels.

By User

Commercial:

The commercial sector represents one of the largest user segments in the lifeboat market, driven by the increasing need for safety equipment in shipping and transportation. Commercial vessels, including cargo ships, ferries, and cruise ships, are mandated to equip their fleets with lifeboats to ensure passenger and crew safety. The rising volume of global trade and maritime activities is leading to an increased focus on compliance with safety regulations, resulting in a heightened demand for lifeboats. Additionally, the growing emphasis on corporate responsibility and safety standards within the commercial shipping industry further propels the adoption of advanced lifeboat technologies. As the commercial sector expands, the demand for versatile and reliable lifeboat solutions continues to rise.

Offshore Oil & Gas:

The offshore oil and gas industry is another significant user of lifeboats, where safety is a top priority due to the inherent risks associated with exploration and drilling activities. Lifeboats in this sector are designed to withstand harsh environmental conditions, offering robust safety solutions for personnel who work on offshore platforms. The increasing number of offshore projects globally enhances the demand for specialized lifeboats that meet regulatory requirements and provide adequate safety measures. Additionally, operators in the offshore oil and gas sector are often required to adhere to stringent safety standards, increasing the need for reliable lifeboats capable of efficient evacuations. The ongoing growth of this industry is set to further boost the lifeboat market in this particular user segment.

Defense:

The defense sector relies heavily on lifeboats for the safety of personnel on naval ships and submarines. These lifeboats are engineered to meet military standards, and their designs often incorporate advanced technologies to enhance performance in critical situations. As naval operations expand and the need for maritime security increases, the demand for high-quality lifeboats in the defense sector is expected to rise. The emphasis on training and preparedness in military operations has led to an increased focus on lifeboat technologies that ensure quick and efficient evacuations. As defense budgets grow and the need for enhanced maritime capabilities becomes more pronounced, the lifeboat market will benefit from the expanding requirements of this sector.

Others:

This segment includes users from various other industries that require lifeboats for safety compliance, such as research vessels, luxury yachts, and marine tourism operators. As the importance of safety regulations becomes more pronounced across diverse maritime sectors, the demand for lifeboats is expected to grow. Operators in these sectors are increasingly investing in advanced lifeboat systems to ensure the safety of passengers and crew, often choosing customized solutions tailored to specific operational needs. The growing awareness of safety practices in recreational boating and tourism is driving the adoption of lifeboats among these users. The diversification of the user segment continues to broaden the lifeboat market landscape, providing opportunities for innovation and growth.

By Region

The North American lifeboat market is witnessing significant growth, driven by strict safety regulations and a thriving maritime industry. The region is expected to account for a substantial share of the global market, with the United States and Canada being the primary contributors. The increasing focus on safety standards and compliance among commercial shipping operators is propelling the demand for advanced lifeboats. Furthermore, the growing offshore oil and gas exploration activities in the Gulf of Mexico are expected to bolster the lifeboat market in this region. North America is projected to achieve a CAGR of 6.2% throughout the forecast period, underscoring its importance in the global lifeboat market.

In Europe, the lifeboat market is also experiencing robust growth, attributed to the region's extensive maritime heritage and stringent safety regulations. Countries like the UK, Germany, and Norway are at the forefront of adopting advanced lifeboat technologies for commercial shipping and offshore operations. The European market's focus on sustainability and safety is leading to increased investments in lifeboat systems that meet environmental standards. As maritime tourism continues to grow, the demand for lifeboats in this sector is also rising. The European lifeboat market is expected to expand at a CAGR of 5.5% over the forecast period, reflecting its strong position in the global landscape.

Opportunities

The lifeboat market is poised to capitalize on several emerging opportunities, particularly in relation to technological advancements. The development of smart lifeboat systems equipped with real-time tracking and monitoring capabilities presents a significant opportunity for manufacturers. These innovations can enhance safety and efficiency during evacuations by providing critical information to rescue teams and operators. Additionally, the integration of eco-friendly materials and sustainable practices in lifeboat manufacturing aligns with the growing emphasis on environmental responsibility within the maritime industry. Companies that invest in such innovations can differentiate themselves in a competitive market, appealing to operators who prioritize sustainability and safety.

Furthermore, the growing global focus on maritime safety regulations presents a valuable opportunity for the lifeboat market. As governments and international organizations impose stricter safety requirements for vessels, operators are compelled to upgrade their safety equipment, including lifeboats. This regulatory landscape creates a favorable environment for growth, as operators seek to ensure compliance with evolving standards. Additionally, the expansion of maritime tourism offers opportunities for lifeboat manufacturers to provide tailored solutions that meet the unique safety needs of cruise lines and recreational vessels. By aligning their offerings with market trends and regulatory demands, companies can position themselves for sustained growth in this dynamic market.

Threats

Despite the positive outlook for the lifeboat market, several challenges pose threats to its growth trajectory. The emergence of alternative safety solutions and evacuation technologies may disrupt the traditional lifeboat market. As advancements in emergency response systems and evacuation protocols continue to evolve, operators may explore alternatives that could overshadow the importance of conventional lifeboats. Additionally, economic fluctuations and uncertainties in the maritime industry can affect investment in safety equipment. Companies may face budget constraints, leading to delays in upgrading lifeboat systems or adopting new technologies. The competitive landscape also presents challenges, as manufacturers strive to differentiate themselves in a market characterized by numerous players vying for market share.

Moreover, supply chain disruptions and fluctuations in raw material prices can impact the lifeboat manufacturing process. The reliance on specific materials, such as fiberglass, aluminum, and steel, makes manufacturers vulnerable to price volatility and availability issues. These challenges can lead to increased production costs and hinder the ability to meet market demand effectively. Additionally, the regulatory landscape is continuously evolving, and companies must remain agile to ensure compliance with changing safety standards. Failure to adapt to these regulatory changes can result in penalties and reputational damage, posing a threat to companies operating within the lifeboat market.

Competitor Outlook

• Survitec Group Limited
• VIKING Life-Saving Equipment A/S
• Fassmer GmbH & Co. KG
• Life Boat Services Ltd.
• Marine Safety Products
• Hansen Protection AS
• Ridgeway Marine
• Damen Shipyards Group
• GROUPE BERTIN
• Schatz GmbH
• Palfinger AG
• Wartsila Corporation
• Naval Group
• Maritime Partner AS
• Holland Marine Equipment

The competitive landscape of the lifeboat market is characterized by a mix of established companies and emerging players striving to capture market share through innovation and technological advancements. Major players in the market are focusing on research and development to create lifeboats that incorporate the latest safety features and materials. Companies like Survitec Group Limited and VIKING Life-Saving Equipment A/S are recognized for their extensive product portfolios and strong global presence, positioning them as leaders in the lifeboat industry. Their commitment to quality and compliance with maritime safety regulations has earned them a solid reputation among operators across various sectors, including commercial shipping and offshore operations.

Additionally, companies such as Fassmer GmbH & Co. KG and Life Boat Services Ltd. are notable competitors in the lifeboat market, offering specialized solutions tailored to meet the unique requirements of their clients. These companies have successfully established partnerships with shipbuilders and maritime operators, allowing them to leverage their expertise and deliver customized lifeboat systems that prioritize safety and efficiency. Moreover, the ongoing trend of consolidation within the industry is contributing to the emergence of larger players, enabling them to enhance their competitive edge through expanded product offerings and improved operational capabilities.

The lifeboat market also features a range of smaller players and niche manufacturers that are carving out their segment by focusing on specific user needs or innovative technologies. For instance, companies like Marine Safety Products and Hansen Protection AS are gaining traction by providing specialized lifeboat designs and advanced materials that cater to the evolving demands of the maritime industry. As the market continues to evolve, the emphasis on sustainability and performance will drive competition among existing players while creating opportunities for new entrants to establish themselves in this dynamic landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Naval Group
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Schatz GmbH
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Palfinger AG
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 GROUPE BERTIN
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Ridgeway Marine
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Maritime Partner AS
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Hansen Protection AS
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Wartsila Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Damen Shipyards Group
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Fassmer GmbH & Co. KG
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Marine Safety Products
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Survitec Group Limited
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Life Boat Services Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Holland Marine Equipment
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 VIKING Life-Saving Equipment A/S
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Lifeboat Market, By Type
    • 6.1.1 Open Lifeboat
    • 6.1.2 Enclosed Lifeboat
    • 6.1.3 Freefall Lifeboat
    • 6.1.4 Partially Enclosed Lifeboat
    • 6.1.5 Davit Launched Lifeboat
  • 6.2 Lifeboat Market, By User
    • 6.2.1 Commercial
    • 6.2.2 Offshore Oil & Gas
    • 6.2.3 Defense
    • 6.2.4 Others
  • 6.3 Lifeboat Market, By Capacity
    • 6.3.1 Less than 50 people
    • 6.3.2 50-100 people
    • 6.3.3 100-200 people
    • 6.3.4 200-500 people
    • 6.3.5 More than 500 people
  • 6.4 Lifeboat Market, By Material
    • 6.4.1 Fiberglass
    • 6.4.2 Aluminum
    • 6.4.3 Steel
    • 6.4.4 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Lifeboat Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Lifeboat market is categorized based on

By Type

• Open Lifeboat
• Enclosed Lifeboat
• Freefall Lifeboat
• Partially Enclosed Lifeboat
• Davit Launched Lifeboat

By Capacity

• Less than 50 people
• 50-100 people
• 100-200 people
• 200-500 people
• More than 500 people

By Material

• Fiberglass
• Aluminum
• Steel
• Others

By User

• Commercial
• Offshore Oil & Gas
• Defense
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Survitec Group Limited
• VIKING Life-Saving Equipment A/S
• Fassmer GmbH & Co. KG
• Life Boat Services Ltd.
• Marine Safety Products
• Hansen Protection AS
• Ridgeway Marine
• Damen Shipyards Group
• GROUPE BERTIN
• Schatz GmbH
• Palfinger AG
• Wartsila Corporation
• Naval Group
• Maritime Partner AS
• Holland Marine Equipment