Life-Saving Appliance (LSA) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Life-Saving Appliance (LSA) Market Size and Growth
The Life-Saving Appliance (LSA) market research reports indicate a positive growth trajectory due to increasing maritime safety regulations and rising awareness about safety equipment among ship owners. The market size is projected to reach $2.5 billion by 2025, driven by the growing demand for lifesaving devices in the shipping industry.
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Companies Covered (Covid 19 Impact Covered)
◍ O'Neill
◍ Decathlon
◍ Intex
◍ Speedo
◍ Stearns
◍ Plastimo
◍ Kadematic
◍ Crewsaver
◍ Marinepool
◍ Regatta
◍ Besto-Redding
◍ Secumar
◍ Hansen Protection
The Life-Saving Appliance (LSA) Market is highly competitive with key players such as O'Neill, Decathlon, Intex, Speedo, and Stearns. These companies offer a wide range of life-saving products such as life jackets, buoyancy aids, and liferafts to cater to various water sports and boating activities. They contribute to the growth of the market by providing innovative and highquality safety equipment to ensure the safety of individuals in water-related activities.
- O'Neill's sales revenue: $489 million
- Decathlon's sales revenue: $15.7 billion
- Intex's sales revenue: $1.5 billion
- Speedo's sales revenue: $418 million
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