SEP 04 2020: The North America self-contained breathing apparatus market size is expected to reach USD 962.2 million by 2025, according to a new report by Grand View Research, Inc., registering a CAGR of 8.1% over the forecast period. Increasing incidence of occupational injuries, coupled with growing requirement of high-utility protective equipment, is anticipated to spur demand for self-contained breathing apparatus (SCBA) over the coming years.
Strict safety legislations pertaining to asbestos mining, complemented by rising employee awareness regarding personal and respiratory safety across major industries, are expected to drive demand for self-contained breathing apparatus over the forecast period. In addition, various regulatory bodies such as the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) have issued guidelines for monitoring activities associated with exposure to hazardous gases and particulates, thereby boosting product demand in recent years.
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Largescale investments for sustaining oil and gas production levels and improving overall production efficiency are anticipated to contribute to the growth of the oil and gas industry in the U.S. Oil and gas being a labor-intensive industry, growth in the industry is projected to drive the employment rate, thereby boosting the need for SCBA.
Various educational and training programs related to the use and maintenance of respiratory protective equipment are expected to spread awareness regarding the benefits and proper use of self-contained breathing apparatus, which is projected to promote market growth. In addition, the implementation of safety laws in fire service industry by the government is likely to promote the use of SCBA over the forecast period.
Further key findings from the report suggest:
• Demand for self-contained breathing apparatus in the chemicals/petrochemicals industry is anticipated to experience strong growth over the forecast period owing to increasing adoption of engineering control methods, which necessitates the use of respiratory protective products such as SCBA
• The mining industry is expected to account for 8.2% of the overall market in terms of revenue by 2025 due to rise in occupational health risks owing to the presence of fine airborne particulate matter
• U.S. is anticipated to exhibit a CAGR of 7.6% in terms of revenue over the forecast period. Increasing onshore and offshore drilling activities, coupled with rising shale gas production has resulted in lifting demand for self-contained breathing apparatus in recent times
• Rapid rise in mergers and acquisitions, integration operations, and site relocations has driven the demand for industrial construction in Canada and Mexico, thereby boosting the demand for SCBA in the region
• Constant need for innovation and development on account of increasing user expectations and shifting health and safety regulations has forced manufacturers to spend more on R&D in order to develop efficient products. This will benefit market growth.
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Table of Contents
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. North America Self-Contained Breathing Apparatus Market Variables, Trends & Scope
3.1. Market Segmentation & Scope
3.2. Market Lineage Outlook
3.3. Penetration and Growth Prospect Mapping
3.4. Industry Value Chain Analysis
3.5. Regulatory Framework
3.6. Market Dynamics
3.6.1. Market Driver Analysis
3.6.2. Market Restraint Analysis
3.6.3. Industry Challenges
3.7. Business Environment Analysis: North America Self-Contained Breathing Apparatus Market
3.7.1. Industry Analysis – Porter’s
3.7.1.1. Supplier Power
3.7.1.2. Buyer power
3.7.1.3. Threat of substitutes
3.7.1.4. Threat of new entrants
3.7.1.5. Competitive rivalry
3.7.2. PESTEL Analysis
3.7.2.1. Political Landscape
3.7.2.2. Economic Landscape
3.7.2.3. Social Landscape
3.7.2.4. Technological Landscape
3.7.2.5. Environmental Landscape
3.7.2.6. Legal Landscape
Continued………………
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