Lifeboat Market Size, Share, Trend, Forecast 2023 – 2033

The Global Lifeboat Market Size is Anticipated to Exceed USD 402.51 Million by 2033, Growing at a CAGR of 3.03% from 2023 to 2033.A lifeboat is an inflatable boat used for emergency evacuation that is carried on board a ship. During an emergency, the lifeboats are inflated and used to rescue everyone on board. These are used on cargo ships, cruise ships, oil ships, navy ships, and any other ship that travels to deep waters.