South Korea Evacuation Chairs Market was valued at USD 0.05 Billion in 2022 and is projected to reach USD 0.09 Billion by 2030, growing at a CAGR of 8.3% from 2024 to 2030.
The South Korea evacuation chairs market has seen a notable rise in demand due to growing safety regulations across industries and the increasing need for emergency preparedness. Evacuation chairs are essential for transporting individuals with mobility impairments or those who are unable to evacuate buildings quickly in case of emergencies. These chairs, designed to be used in buildings with limited accessibility, ensure that people are safely evacuated during fires, earthquakes, and other critical situations. The requirement for evacuation chairs spans multiple sectors, with industries like healthcare, education, and hospitality leading the charge.
In South Korea, government regulations have contributed significantly to the adoption of evacuation chairs. The implementation of strict fire and safety codes in public buildings, schools, hospitals, and offices has made it essential for these institutions to invest in evacuation equipment. In hospitals, for example, patients who are bedridden or use wheelchairs must be swiftly evacuated in case of emergencies. Additionally, educational institutions with diverse student populations, including those with special needs, are increasingly incorporating evacuation chairs as part of their emergency response strategies.
Industries such as hospitality, which includes hotels and large venues, have also recognized the need for evacuation chairs to ensure the safety of their guests and staff. Hotels, in particular, are incorporating these devices to comply with safety codes while providing a secure environment for guests with physical disabilities. Moreover, government regulations requiring buildings to be accessible to people with disabilities have further driven the demand for evacuation chairs.
The need for evacuation chairs has also grown due to technological advancements. Modern evacuation chairs are lightweight, durable, and equipped with ergonomic designs that facilitate safe transport without causing discomfort to the user. Their development reflects the increasing importance of user safety during evacuations, coupled with the rising concern for individuals with mobility challenges. The South Korean evacuation chairs market is expected to continue its upward trajectory, with more industries recognizing the necessity of these life-saving devices.
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Evacuation Chairs
Safelincs
Emergy
Cellennium Company Limited
American Vanadium Corp
Vanadis
Vionx
Garaventa Evacu-Trac
CarryLite
Evac&Chair
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Evacuation Chairs Market
Manual Evacuation Chairs
Electric Evacuation Chairs
Aluminium
Steel
Plastic
Others
Healthcare Facilities
Educational Institutions
Corporate Offices
Public Transport Facilities
Residential Buildings
Hospitals
Corporate Offices
Educational Institutions
Retail Stores
Aviation and Maritime
Up to 200 lbs
201 lbs to 400 lbs
Above 400 lbs
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Evacuation Chairs Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Evacuation Chairs Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Evacuation Chairs Market, By Type
6. South Korea Evacuation Chairs Market, By Application
7. South Korea Evacuation Chairs Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Evacuation Chairs Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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