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Maritime & Offshore Safety Devices Market: Introduction

Maritime & offshore safety devices enable inspection of safety devices on production equipment and pipelines and ensure the safety of the all offshore employees and facilities. Generally, these devices are used in the oil & natural gas industry where oil and gas are extracted on a large scale from sea or gulf. These devices facilitate decision making by applying risk assessment technique. Offshore and maritime companies, with the help of risk assessment, identify, monitor and control the potential undesirable events which can reduce the safety, environmental, quality, or financial problems.

Rise in number of disasters as well as accidents on marine and offshore platforms has led to the evolution of maritime & offshore safety devices. It has helped marine and offshore companies to achieve greater efficiency with the installation of maritime offshore devices. Furthermore, it has enabled the companies to sort the biggest problem related to workforce retention on the offshore and marine platforms as the job on offshore platform is relatively risky. 

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maritime offshore safety devices market

Maritime & Offshore Safety Devices Market: Dynamics

maritime offshore safety devices market 1

Increase in International Energy Demand

It has been observed that the demand for energy resources such as oil and gas has been increased exponentially in the past 2 decades. This has led to an increase in number of installations of offshore and marine platforms to gather maximum resources. Initially, the focus on the safety of such platforms was very low. However, increase in number of natural disasters occurrence across the globe the companies which are dealing in the extraction of oil and gas has increased the safety measurements and this has led to the increased demand for the maritime and offshore safety devices.

High Cost of Integration and Installation and Reduced Focus on Environmental Disaster Safety

The cost of maritime & offshore safety devices is generally high, and with the rise in importance of deep-water and ultra-deep-water production worldwide, the technology which is being used in such a harsh condition usually costs very high for these platforms. Furthermore, increased importance of deep-water and ultra-deep-water production has reduced the focus on technological development for environmental disaster safety on offshore platforms and diverted the focus on production technology development.

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Increase in Focus on Workforce Retention on Offshore Platforms

It has been seen that the companies which are dealing in the oil and gas extraction have focused on workforce retention to manage the increased demand for oil & gas. At maritime & offshore platforms, the workforce retention rate is low which could affect the potential production. However, integration and installation of maritime & offshore safety devices has created a positive effect on production. This, in turn, is boosting the demand for maritime & offshore safety devices. Furthermore, the stringent regulations regarding safety of the workforce are likely to have a positive impact on the maritime & offshore safety devices market.

Europe Expected to Dominate the Market in Terms of Market Size

In terms of region, the global maritime & offshore safety devices market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe is expected to dominate the market as the region holds major market share across the globe for marine equipment. The region also holds the major market share in terms of marine logistics which directly increases the demand for offshore safety devices in Europe.

Maritime & Offshore Safety Devices Market: Competitive Landscape

  • In June 2019, a free text message alert system has been unveiled by the Bureau of Safety and Environmental Enforcement. This system would enhance the safety of the workers through alerts and bulletins who are working at offshore platform of oil and gas extraction.
  • In May 2019, Apollo Safety, Inc. launched enhanced Man Down/Lone Worker detection device. This would help the offshore companies to detect the lone or remote worker on the work site.

Marine Rescue Technologies Ltd

Established in 1975, Marine Rescue Technologies Ltd is headquartered in Beverley, East Yorkshire, U.K. The company focuses on manufacturing and supply of safety systems for the marine facilities in offshore oil and gas, defense, commercial marine, and renewable industries as well as for the workforce which are onboard. The company holds a strong product and service portfolio in terms of safety devices related to the process of offshore resource extraction.

ALTUM Sp. z o.o.

Founded in 2015, ALTUM Sp. z o.o. is based in Gda?sk, Poland. The company is focused toward providing PLC programming and design-engineering services as well as fabrication, assembly inspections, supervisions, follow up, and testing performance in the area of hydraulic, mechanical,  and electrical/PLC systems for the maritime and offshore industry.


Established in 2015, ALPA AS is headquartered in Oscar Hanssens veg, Molde, Norway. The company is a part of Axess Group which has strong expertise in service and maintenance of numerous offshore and maritime crane brands. It caters in all the regions across the globe. The company holds ISO 9001:2008, ISO 14001:200 certifications. Furthermore, the company is FPAL (First Point Assessment) verified.

Maritime & Offshore Safety Devices Market: Segmentation

The global maritime & offshore safety devices market can be segmented based on:

  • System Type
  • Geography

Maritime & Offshore Safety Devices Market Segmentation, by System Type

In terms of system type, the maritime & offshore safety devices market can be divided into:

  • Fire and Gas Detection Systems
  • Public Address and General Alarm Systems (PAGA)
  • CCTV (Closed Circuit Television)
  • Satellite Communications Systems
  • Internal and Emergency Communications Systems
  • Radio Communications Systems
  • Others

The report on the maritime & offshore safety devices market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The maritime & offshore safety devices market report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various factors on the maritime & offshore safety devices market segments and geographies.

Regional analysis of the maritime & offshore safety devices market includes:

  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Russia
    • Italy
    • Spain
    • Nordics
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • Singapore
    • Malaysia
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America
maritime offshore safety devices market 3


  • Marine
  • Offshore
  • Oil & Gas
  • Safety Device
  • Disaster

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Maritime Offshore Safety Devices Market

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