A ship is approved to sail in water whether its international waters or domestic water only when it is constructed as per the fire safety system code and carries required fire-fighting appliances approved by the concerned authority. Presence of high temperature, excess quantity of flammable oil, and other combustible material in a ship might cause fire. Due to this, safety systems are mandatory in marine ships. This has resulted in the rising demand for marine fire fighting equipment over a period of time.
A ship is fitted with portable or fixed type of fire retardant and firefighting equipment. The fire-fighting equipment fitted in the ship should meet the requirement of MC SOLAS (Safety of Life at Sea) and approved by ICE (Immigration and Customs Enforcement). Manufacturers of these systems are always focused on introducing new safety features in marine fire -fighting equipment.
There are various factors expected to drive the marine fire-fighting equipment market such as need for installation of safety equipment on ships, and the mandate regarding safety compliance. Rapidly evolving passenger ship safety measures due to increasing number of accidents in ships is expected to increase the demand for marine fire- fighting equipment during the forecast period.
As per regulatory bodies such as the Safety of Life at Sea (SOLAS), use of firefighting equipment in a ship or cruise is mandatory. These safety regulations are one of the primary factors contributing to the growth of the market.
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The global marine fire-fighting equipment market can be segmented based on type, product type, and geography. On the basis of type, the marine fire-fighting equipment market has been segmented into portable and fixed type fire–fighting equipment.
Based on product type, the marine fire-fighting equipment market has been segmented into portable fire extinguishers, fire doors, fire dampers, fire pumps, fire main piping and valves, fire hose and nozzles, fire hydrants, fixed fire extinguishers, fire detectors and alarms, inert gas system, emergency escape breathing device (EEBD), fire fighter outfit, and others. The portable fire extinguishers segment is further segmented into water, wet chemical, foam, dry chemical, carbon dioxide (CO2), and vaporizing liquid.