Sat. Aug 17th, 2019

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Demand-Supply Scenario of Breathing Equipment Market to Remain Balanced During the Forecast Period

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Breathing Equipment Market

Breathing Equipment Market

The latest report on ‘Breathing Equipment Market’, collated by Persistence Market Research, offers a deep dive into market dynamics, size, revenue estimations and growth rate.. In addition, the report illustrates the key obstacles and innovative growth strategies adopted by leading manufacturers having a stronghold in the global market.

The roots of artificial breathing can be traced back to World War II when pilots faced challenges in breathing at high altitudes. Similarly, in places where oxygen content is low or during underwater dives, artificial breathing is used to facilitate adequate oxygen supply with the help of breathing equipment. Such equipment, also known as respiratory protective equipment (RPE), is used for safety from harmful substances in certain workplaces and confined spaces. Breathing equipment filters air to remove harmful substances where it detects an oxygen deficiency. Breathing equipment is commonly used at instances where there is a possibility of exposure to fire, harmful chemicals and biological hazards; it is also used in adventure sports and at hospitals. For people in a situation of risk, breathing equipment is often used as a control measure. About a decade ago, breathing equipment was primarily used at hospitals to facilitate spontaneous breathing, but currently it is commonly used at an industrial level and in several other applications.

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Artificial breathing equipment is gaining traction in all chief operating sectors where exploration is a must. For example, miners and archaeologists have to go deep down the earth’s crust on a daily basis, where oxygen levels are low and harmful gases are present – in this case artificial breathing equipment can aid personnel in doing the same job more efficiently and economically.  Demand for artificial breathing equipment is expected to witness high growth in the near future. Rising demand for adventure and underwater sports is forecasted to boost demand for the market in the coming future.

Breathing equipment used for the intake of oxygen through masks and cylinders has an enormous global market. Such equipment find applications in all industries due to increasing consumer demand for clean and long-lasting products globally. Rules and regulations enforced by government authorities direct and sometimes mandate the use of breathing equipment, such as while working in confined spaces. Research studies are being conducted on breathing equipment to seek ways to improve efficiency and cost-effectiveness.

Market Dynamics

The global breathing equipment market is expected to grow at a healthy CAGR in the forecast period. According to latest reports by government organizations, the breathing equipment market has already witnessed significant demand over the past few years. Currently, the market is expected to witness a boost owing to an increase in the preference for home-care and portable breathing equipment. A major share of demand for breathing equipment arises from fire services departments, who require breathing equipment on almost every job. The market for breathing equipment is further projected to grow owing to its increasing application in adventure sports such as trekking, scuba diving, bungee jumping etc., where the use of these breathing equipment is essential to ensure safety standards – hence making the sport more enjoyable.        

Another driving factor for the growth of the global artificial breathing equipment market is rising demand from industrial, commercial and residential sectors. Manufacturers are looking to technological innovation to cater to this growing demand with a wide range of equipment. This can also serve as an opportunity for manufacturers to introduce self-contained breathing equipment in the market on a large scale. New designs and sensors, single chip solutions and other components are key trends identified in the breathing equipment market.

Segmentation

The breathing equipment market can be segmented on the basis of classification, product types and application.

On the basis of classification, the breathing equipment market can be segmented as:

  • Self-Contained Breathing Apparatus
  • Emergency Escape Breathing Apparatus

On the basis of product type, the breathing equipment market can be segmented as:

  • Masks
  • Cylinders
  • Airlines
  • Re-breather Masks

On the basis of application, the breathing equipment market can be segmented as:

  • Hospitals
  • Fire Fighting
  • Industrial
  • Scuba Diving
  • Others

Market Participants

Examples of some of the key players in the breathing equipment market are:

  • MSA
  • RSG Safety
  • Thameside Fire Protection Co. Ltd
  • Resmar Ltd,
  • Drägerwerk AG & Co. KGaA
  • InspiAIR Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

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