The Distress Flare Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Distress Flare Market?
The Distress Flare Global Market Report 2025 shows a vigorous historical growth trend. The market size has expanded significantly from $1.47 billion in 2024 to an estimated $1.58 billion in 2025. This represents a compound annual growth rate (CAGR) of 7.2%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Distress Flare Industry?
The Distress Flare Global Market Report 2025 projects that by 2029, the distress flare market will increase to a worth of $2.07 billion. This growth signifies a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Distress Flare Market?
The key drivers in the distress flare market are:
• Rising demand for maritime safety equipment
• Growing awareness about emergency preparedness in coastal regions
• Increasing adoption of advanced pyrotechnic technologies in distress signals
• Increasing regulatory mandates for safety equipment on vessels and rising investments in maritime and aviation safety infrastructure.
Global Market Segmentation: Identifying Major Distress Flare Industry Segments
The distress flare market covered in this report is segmented –
1) By Type: With Localization System Type, Without Localization System Type
2) By Application: Marine, Aircraft, Other Applications
3) By End-User: Commercial Sector, Government And Defense Agencies, Recreational Users, Emergency Response Teams, Oil And Gas Industry
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What are the Emerging Trends Shaping the Future of the Distress Flare Market?
The key trends in the distress flare market are:
• Advanced pyrotechnics are enhancing the brightness of distress flares.
• Integration of GPS technology is allowing for precise tracking in distress signals.
• Technology developments are leading to the creation of eco-friendly flares.
• Improvements in ignition technology are accelerating the deployment of distress flares.
Who Are the Top Competitors & Leading Players in the Distress Flare Market?
Major players in the distress flare market are:
• Olin Corporation
• Chemring Marine Limited
• Comet GmbH
• Survitec Group Ltd
• Orion Safety Products LLC
• Drew Marine Inc.
• Greatland Laser LLC
• Lacroix Defense SAS
• Pains Wessex Ltd
• Hansson PyroTech AB
• Revere Survival Inc.
• Albatross SRL
• Ikaros Marine Safety Ltd
• Sirius Signal LLC
• Weems & Plath
• Daniamant A/S
• LHR Marine Ltd
• Odeo S.A.
• Pirotecnia Lecea S.A.
• SeaCurity GmbH
• Skyblazer Pyrotechnics Inc.
Regional Dominance: Which Area Leads the Global Distress Flare Market?
North America was the largest region in the distress flare market in 2024
