Global and China Lifeboat Market Insights, Forecast to 2027

Lifeboat is one of the most important life-saving equipment onboard a ship, which is used at the time of extreme emergencies for abandoning a ship. Lifeboat is a smaller rigid vessel, secured onboard into davits so that it can be launched over the side of the ship with least time and mechanical assistance possible for an early escape of the crew from the ship.
Global Lifeboat key players include VIKING Life-Saving Equipment, Palfingermarine, HLB, Fassmer, Survival Systems, etc. Global top five manufacturers hold a share over 40%.
China is the largest market, with a share over 50%, followed by Europe and Korea, both have a share over 30% percent.
In terms of product, Freefall Lifeboats is the largest segment, with a share over 50%. And in terms of application, the largest application is Cargo Ship, followed by Tanker Ship.

Market Analysis and Insights: Global and China Lifeboat Market
This report focuses on global and China Lifeboat market.
In 2020, the global Lifeboat market size was US$ 293.4 million and it is expected to reach US$ 303.7 million by the end of 2027, with a CAGR of 0.5% during 2021-2027. In China the Lifeboat market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Lifeboat Scope and Market Size
Lifeboat market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Lifeboat market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For China market, this report focuses on the Lifeboat market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in China.


Segment by Type
Conventional Lifeboat
Freefall Lifeboat
The proportion of freefall lifeboats in 2019 is about 54.33%.


Segment by Application
Tanker Ship
Cargo Ship
Others
The cargo ship holds an important share in terms of applications, and accounts for 42.76% of the consumption market share.


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
VIKING Life-Saving Equipment
Palfingermarine
HLB
Fassmer
Survival Systems
Jiangsu Jiaoyan
Hatecke
Qingdao Beihai Shipbuilding
Jiangyinshi Beihai LSA
Jiangyin Neptune Marine
Vanguard
Shigi
JingYin Wolong
Ningbo New Marine Lifesaving
Nishi-F
ACEBI
DSB Engineering
Wuxi Haihong Boat
Balden Marine