Marine Pyrotechnics Market Report 2025

The marine pyrotechnics market size has grown strongly in recent years. It will grow from $3.06 billion in 2024 to $3.28 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth during the historic period can be linked to stricter maritime safety regulations, increased international sea trade, higher naval defense spending, growth in marine tourism, and greater demand for distress signaling devices.

The marine pyrotechnics market size is expected to see strong growth in the next few years. It will grow to $4.28 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The projected growth in the forecast period is driven by rising defense budgets, military equipment modernization, escalating geopolitical tensions, expansion of training and simulation activities, and increased commercial use. Key trends expected during this time include the integration of pyrotechnics with GPS, technology-enhanced signaling solutions, development of biodegradable flares, improvements in shelf-life, and incorporation with digital distress systems.

The growing international sea trade is anticipated to drive the expansion of the marine pyrotechnics market in the coming years. International sea trade involves the exchange of goods and services between countries through maritime routes, using ships to transport cargo across oceans and seas. This growth is fueled by increasing global economic integration, which boosts the movement of goods between nations. Marine pyrotechnics contribute to international sea trade by offering dependable distress signaling devices, ensuring the safety of vessels navigating crowded maritime routes. They aid in regulatory compliance and emergency response, enhancing overall maritime security and confidence in global shipping operations. For example, in October 2024, the UN Trade and Development, a Switzerland-based intergovernmental organization, reported that maritime trade reached 12.3 billion tons in 2023, representing a 2.4% increase and a recovery from the decline experienced in 2022. Thus, the rise in international sea trade is driving the growth of the marine pyrotechnics market.

Leading companies in the marine pyrotechnics market are concentrating on developing advanced products like electronic visual distress signaling devices to improve safety and comply with evolving regulatory requirements. These battery-powered devices emit bright flashing lights or infrared signals to alert rescuers during marine emergencies, serving as alternatives to traditional pyrotechnic flares. For instance, in November 2024, Ocean Signal Limited, a UK-based manufacturer of marine safety equipment, introduced the RescueME EDF2, a sophisticated electronic distress flare. The EDF2 includes a high-intensity LED array that displays a visible SOS pattern along with an infrared signal detectable by night vision equipment. It can operate continuously for over 6 hours, is buoyant, waterproof, and designed for both recreational and commercial maritime use. Compared to conventional flares, the EDF2 provides a safer, longer-lasting, and more environmentally friendly distress signaling option without hazardous chemicals or explosive materials.

In April 2024, LALIZAS S.A., a Greece-based marine safety equipment manufacturer, acquired Revere Survival Limited for an undisclosed sum. This acquisition strengthens LALIZAS S.A.’s position in the marine safety market by broadening its portfolio of survival products and enhancing its ability to offer comprehensive life-saving solutions. Revere Survival Limited, based in the UK, specializes in the design and manufacture of marine pyrotechnics.

Major players in the marine pyrotechnics market are Rheinmetall AG, Lacroix Group, Chemring Group PLC, Seago Yachting Ltd., Drew Marine Group Inc., Orion Safety Products Inc., Comet GmbH, Wescom Group Inc., Lalizas S.A., Primetake Ltd., Datrex Inc., Hansson PyroTech AB, Revere Survival Inc., Life Support International Ltd., HFI Pyrotechnics Inc., Marinetech Safety and Shipping Corporation, Sirius Signal LLC, Aurora Marine Flare Co. Ltd., Pirotecnia Lecea S.A., and LHR Marine Ltd.

North America was the largest region in the marine pyrotechnics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in marine pyrotechnics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the marine pyrotechnics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

Marine pyrotechnics are specialized signaling tools used on ships and boats to produce bright light or smoke for distress signaling, navigation, or safety communication at sea. These devices include flares, smoke signals, and rockets designed for long-distance visibility. Their main function is to alert nearby vessels or rescue teams during emergencies like man-overboard incidents or vessel distress.

The primary types of marine pyrotechnics consist of distress flares, signal flares, smoke signals, hand-held flares, and floating flares. Distress flares serve as emergency visual signals used at sea to notify others and request urgent help. Compliance with regulations such as those from the International Maritime Organization (IMO), U.S. Coast Guard, European Union standards, National Fire Protection Association (NFPA), and environmental guidelines is required. These products are applied in search and rescue missions, recreational boating, commercial shipping, military operations, and other emergency scenarios. Distribution occurs through online retailers, direct sales, specialty marine stores, wholesale distributors, and trade events, catering to users in industries like commercial fishing, passenger and naval vessels, offshore platforms, and leisure boating.

The marine pyrotechnics market research report is one of a series of new reports that provides marine pyrotechnics market statistics, including the marine pyrotechnics industry global market size, regional shares, competitors with the marine pyrotechnics market share, detailed marine pyrotechnics market segments, market trends, and opportunities, and any further data you may need to thrive in the marine pyrotechnics industry. These marine pyrotechnics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The marine pyrotechnics market consists of sales of parachute rockets, man-overboard markers, and line-throwing appliances. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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