Uploaded on May 29, 2020
The global fall protection equipment market size is expected to reach USD 2.9 billion by 2026 according to a new study by Polaris Market Research. The report “Fall Protection Equipment Market Share, Size, Trends, Industry Analysis Report By Product (Hard Goods, Soft Goods, Rescue Kits, Full Body Harness and Body Belts); By Application (Oil & Gas, Construction, Transportation, Mining, Telecom, Energy & Utilities, General Industry); By Regions, Segment Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Fall Protection Equipment Market Size Worth $2.9 Bn by 2026
Fall Protection Equipment Market Set to Exceed USD USD 2.9 billion by 2026 | CAGR 3.7% “Fall Protection Equipment Market Share, Size, Trends, Industry Analysis Report By Product (Hard Goods, Soft Goods, Rescue Kits, Full Body Harness and Body Belts); By Application (Oil & Gas, Construction, Transportation, Mining, Telecom, Energy & Utilities, General Industry); By Regions, Segment Forecast, 2019 - 2026” Fall Protection Equipment Market Estimate & Forecast to 2026 The global fall protection equipment market size is expected to reach USD 2.9 billion by 2026 according to a new study by Polaris Market Research. The global demand for fall protection equipment is escalating, with increasing focus on workers ‘ safety in construction, mining, energy and oil and gas industries. They include the use of controls that are preferably designed to protect staff from death and injury. Incident and occupational risk, including falling off overhead platforms or elevated workstations, is expected to contribute to the protection of industry demand. Market growth is driven by a growing awareness of industrial security and stringent government safety regulations in various industries. One of the main drivers is increasing demand for fall protection equipment from the construction industry. However, increasing automation is expected to limit market growth in the end-use industries. In addition to this, the lack of awareness is expected to hamper the growth of this market over the forecast period. Increasing stringent regulations pertaining to safety of employees is also expected to bring in new opportunities for the key players in this market. Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 2 Fall Protection Equipment Market Scope By Product Type By Application By Region Report Attributes Hard Goods Oil & Gas North America Historic year: 2015-2017 Soft Goods Construction Europe Base year: 2018 Rescue Kit Transportation Asia Pacific Forecast Year: 2019-2026 Full Body Harness Mining Latin America Middle East & Revenue (USD Million) Body Belts Telecom Africa Energy & Utilities General Industry Request for sample Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 3 Fall Protection Equipment Market Estimate & Forecast to 2026 During the forecast period, North America will be followed closely by Europe. The market is expected to grow enormously due to rapid industrialization in both of these regions. In particular, Asia Pacific, due to anticipated growth in the construction industry during the forecast period, will be seen to increase the demand for fall protection equipment. This market growth can be mainly attributed to the rapid development of infrastructure, high investment in new industries, and the rise in construction in residential and commercial buildings in countries such as India, Indonesia, Thailand and China. The high demand for fall-protection equipment in the ever growing energy and utility industry of Latin America market is expected to register a significant CAGR during the forecast period. Some of the key players in the market include 3M, MSA Safety Company, SKYLOTEC, Capital Safety, Honeywell Miller, Eurosafe Solutions, ABS Safety, Gravitec System, French Creek Production, FallTech and DBI-SALA . The key players in this market have adopted the strategy of mergers and acquisitions as a part of their strategy in order to gain competitive share in the global market. Browse Complete Report Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 4 Fall Protection Equipment Market Size Request for TOC Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 5 Fall Protection Equipment Market Study – Engagement Options Buy Now – Click Here! Buy now & have immediate access to premium insights Purchase Report Sections – Click Here! Regional analysis Segmentation analysis Industry outlook Competitive landscape Speak To Analyst – Click Here! Get your doubts clear Schedule a call with our analyst before making any decision Request For Sample Pages – Click Here! Get free sample pages Understand report structure Unmask data for validation Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 6 About Us Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to e present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com Copyright © Polaris Market Research & Consulting LLP 2018. All Rights Reserved 7 Thank You! Contact Us : Polaris Market Research 30 Wall Street 8th Floor, New York City, NY 10005, United States E mail Id: [email protected] Phone: +1-646-568-9980
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