The Global Marine Fire Damper Market size is projected to grow at a CAGR of 4.6% during the forecast period (2021-2028) and will reach US$1,814 million by 2028. The major factors driving the growth of this market include increasing demand for safety and security onboard ships along with a growing number of casualties due to fires onboard vessels.
Marine Fire Damper is a type of damping system that provides thermal and sound insulation in ships, yachts, and other watercraft. The device uses adjustable blades to control the flow rate entering or exiting from an enclosed area through it.
On the basis of Types, the market is segmented into Electrical Actuators, Manual Actuators.
An electrical actuator is a device that uses electricity to rotate or push an object. In marine fire dampers, this mechanism works by increasing the flow of air through ducts and into rooms with suppressed fires. The increased airflow causes damper doors to open automatically when a fire occurs in these areas.
Manual actuators are those which require a human to physically move the dampers. They can be used as manual override systems in case of electrical failure, or for ships with redundant control circuits where each circuit is manually controlled through separate switches. In addition, it has been observed that there is a significant demand from vessels operating under harsh environmental conditions such as long-range RoRo and short/medium sea sectors who typically opt for manual damper actuation due to high reliability over time rather than relying entirely on electric motor driven devices.
On the basis of Application, the market is segmented into Yachts, Merchant Ships, and Navy Vessels.
Marine Fire Damper is used in Yachts to get rid of the fire. It is an appliance that works for the purpose of protecting ships from catching fire by controlling the rate at which heat spreads through different areas of a ship.
There are many uses of Marine Fire Damper in Merchant Ships like-
In Navy vessels, Marine Fire Damper is used as a controller for the watertight doors. In case of fire on any deck, it automatically closes/opens all penetrations up to that level and controls airflows from forward to aft side in order to contain the smoke inside the compartment.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to hold a major market share in Marine Fire Damper Market during the forecast period due to the increasing number of accidents involving ships overloading with combustible materials such as crude oil.
In recent years there has been rapid industrial growth in Asian countries such as India and China which directly increases demand for marine vessels resulting in the expansion of the global merchant fleet that fuels the growth of these regional markets.
The key driving forces for the expansion of this market are an increase in demand for fire safety systems from various maritime industries, especially yachts and merchant ships, coupled with rising expenditure on modernizing existing vessels by shipping companies as well as naval fleets across different countries. Some major restraints that may hamper the overall development rate include an expensive installation process and a low level of awareness regarding such products among end-users.
Up Market Research published a new report titled “Marine Fire Damper Market research report which is segmented by Types (Electrical Actuators Type, Manual Actuators Type), By Applications (Yachts, Merchant Ships, Navy Vessels, Other), By Players/Companies Actionair, Heinen & Hopman, Hi-sea Marine, Halton, Wozair Ltd., BSB Dampers, Eindec, Teknotherm Marine, Greenheck, Sagicofim, E.R.A.S.E Marine, Flamgard Calidair, HI AIR KOREA(HAK)”.
|Report Attributes||Report Details|
|Report Title||Marine Fire Damper Market Research Report|
|By Type||Electrical Actuators Type, Manual Actuators Type|
|By Application||Yachts, Merchant Ships, Navy Vessels, Other|
|By Companies||Actionair, Heinen & Hopman, Hi-sea Marine, Halton, Wozair Ltd., BSB Dampers, Eindec, Teknotherm Marine, Greenheck, Sagicofim, E.R.A.S.E Marine, Flamgard Calidair, HI AIR KOREA(HAK)|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||248|
|Number of Tables & Figures||174|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Electrical Actuators Type, Manual Actuators Type and By Application Yachts, Merchant Ships, Navy Vessels, Other.
Some of the companies that are profiled in this report are:
Marine Fire Damper Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Marine Fire Damper Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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