A new research document with title ‘Global Personal Flotation Devices Market 2017-2021’ covering detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like Americas, APAC, EMEA and important players/vendors such as Mustang Survival, Astral, Survitec Group Limited, The Coleman The report will help user gain market insights, future trends and growth prospects for forecast period of 2017-21
HTF’s analysts forecast the global personal flotation devices market to grow at a CAGR of 4.27% during the period 2017-2021.
HTF recognizes the following companies as the key players in the global personal flotation devices market: Mustang Survival, Astral, Survitec Group Limited, The Coleman Company, Kokatat, NRS (Northwest River Supplies), and MTI – Marine Technology.
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Other Prominent Vendors in the market are: Aqua Lung International, Harmony, JimBuoy, ABSOLUTE OUTDOOR, O’Brien, Hansen Protection, Johnson Outdoors, Stormy Lifejackets, Spinlock, and SeaSafe Systems.
Commenting on the report, an analyst from HTF’s team said: “One trend in the market is development of Robot Life Preservers. Sea crossing could be extremely dangerous as unsafe and leaky boats tend to capsize or break apart in rough water. The coast guard is entrusted with several maritime duties, the most important being the rescue of boats that have capsized, broken down, or have run out of fuel.”
According to the report, one driver in the market is increasing focus on preventing marine fatalities. Marine fatalities in on the rise prompting an increased focus on preventing such accidental deaths. There is a wide range of PFDs available in the market, from traditional foam floatation devices to inflatable life jackets. PFDs are designed corresponding to a boating activity and water conditions with different performance level and limitations. For life jackets used for boating activity, USCG approved variants are highly recommended, which must be appropriate for the intended use.
Further, the report states that one challenge in the market is selection of right PFDs. PFDs are required to provide safety from drowning while participating in water sports. Hence, it must be ensured that PFDs are of the correct size and properly fastened to the wearer body, and the wearer should know how to operate them. In water sports activities such as jet skiing, windsurfing, canoeing, water skiing, and dinghy sailing the right size of PFDs provides confidence to the paddlers to enjoy the activities. There are several aspects for the classification of PFDs such as the type of activity they are designed to be used in and the distance of the activity from the shore.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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Table of Contents
PART 01: Executive
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
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PART 06: Market segmentation by product
PART 07: Geographical segmentation
….Continued
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