PUNE, India, September 21, 2017 /PRNewswire/ --
The global fall protection market is forecast to reach $2.69 billion by 2022 from $1.82 billion in 2017 at a CAGR of 8.1% during (2017-2022) driven by the increasing awareness regarding industrial safety and stringent government regulations pertaining to the safety of people working in the construction industry says a latest study at ReportsnReports.com.
Browse 68 Market Data Tables and 61 Figures spread through 149 Pages and in-depth TOC on "Fall Protection Market - Global Forecast to 2022" at http://www.reportsnreports.com/reports/1192050-fall-protection-market-by-type-soft-goods-hard-goods-installed-system-access-system-rescue-kit-services-end-use-industry-construction-general-industry-oil-gas-energy-utilities-telecom-transportatio-st-to-2022.html .
North America is expected to lead the global fall protection market between 2017 and 2022. The US is the key producer and consumer of fall protection equipment in North America. Mandates by governments of countries in the region to follow the PPE standards at work places are expected to drive the demand for fall protection equipment in North America.
Construction is the largest end-use industry segment of the global fall protection market. Based on end-use industry, the construction segment is projected to lead the market between 2017 and 2022. The high demand for fall protection equipment in the construction industry is expected to drive the market for fall protection equipment. Fall protection equipment is widely used in the construction industry to provide protection in areas, such as building structure, construction sites, scaffolds, and stairs among others.
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The leading players in the global fall protection market are 3M Company (US), Honeywell International Inc. (US), MSA Safety Inc. (US), Werner Co. (US), GF Protection Inc. (US), SKYLOTEC GmbH (Germany), W.W. Grainger, Inc. (US), Total Access (UK) Ltd. (UK), Kee Safety, Inc. (UK), and FallTech (US).
The soft goods segment is the largest type segment of the global fall protection market. Based on type, the soft goods segment is estimated to be the largest segment of the market in 2017, owing to the increased demand for comfort, safety, ease of work at heights provided by soft goods. Soft goods are essential fall protection equipment, which is used with all other types of fall protective equipment, such as installed system, access system, and rescue kit.
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Breakdown of profiles of primary interviews for the report:
- By Company Type: Tier 1 - 45%, Tier 2 - 22%, and Tier 3 - 33%
- By Designation: C Level - 50%, Director Level - 10%, and Others - 40%
- By Region: Europe - 29%, North America - 21%, Asia Pacific - 29%, Middle East & Africa - 14%, South America - 7%.
The global fall protection market has been segmented on the basis of type, end-use industry, and region. Based on type, the market has been segmented into soft goods, hard goods, installed system, access system, rescue kit, and services. Based on end-use industry, the market has been segmented into construction, general industry, oil & gas, energy & utilities, telecom, transportation, mining, and others. Based on region, the market has been segmented into Asia Pacific, Europe, North America, South America, and the Middle East & Africa.
Key benefits of this research:
- Market segmentation based on type, end-use industry, and region
- Market dynamics including drivers, restraints, opportunities, and challenges
- Porter's Five Forces Analysis
- Profile of key players in the global fall protection market
Another research titled Personal Protective Equipment Market Global Forecast to 2022 says, the personal protective equipment market is expected to reach $58.34 billion by 2022, at a CAGR of 6.5% from 2017 to 2022. Hands & arm protection segment expected to be the largest type segment of the personal protective equipment market. Manufacturing anticipated being the largest end-use industry segment of the personal protective equipment market during the forecast period. Asia Pacific projected to be the fastest-growing personal protective equipment market during the forecast period. Companies such as 3M Co. (US), MSA Safety Inc. (US), Ansell Limited (US), Honeywell International Inc. (US), E I DuPont de Nemours and Co. (US), Kimberly-Clark Corporation (US), Lakeland Industries, Inc. (US), Alpha Pro Tech, Ltd. (Canada), Sioen Industries NV (Belgium), Radians, Inc. (US) have been profiled in this 178 pages research report available at http://www.reportsnreports.com/reports/431841-personal-protective-equipment-market-by-type-hand-arm-protection-protective-clothing-foot-leg-protection-eye-face-protection-head-protection-and-others-by-application.html .
Explore more reports on Consumer Goods Market at http://www.reportsnreports.com/market-research/consumer-goods/ .
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