[141 Pages Report] Fall Protection Market research report categorizes the global market by End-use Industry (General Industry, Oil & Gas, Energy & Utilities, Telecom, Transportation, Mining, Construction), Type (Hard Goods, Soft Goods, Installed System, Access System, Rescue Kit, Services) & by Geography
According to the new market research report "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, transportation, mining) - Global Forecast to 2027", published by MarketsandMarkets™, the fall protection market is projected to grow from USD 1.97 billion in 2018 to USD 3.97 billion by 2027.
Download PDF Brochure @ www.marketsandmarkets.com/pdfdown…d=37333659
The growth of the market is driven by the increasing awareness regarding industrial safety and stringent government regulations pertaining to safety in various industries. Increasing demand of fall protection equipment from construction industry is also one of the major driver.
On the other hand, increasing automation in end-use industries is expected to restrain the growth of the market.
The access system segment is projected to witness the highest growth during the forecast period
Based on type, the global fall protection market has been segmented into soft goods, hard goods, installed system, rescue kit, access system, and services. The access system segment is projected to witness the highest growth during the forecast period.
The growth of this segment can be attributed to the rising demand for tripods and confined space kits for ease of work in hollow areas, such as tanks, vessels, and sewers.
The construction segment is projected to witness the highest growth during the forecast period
Based on end-use industry, the construction segment is projected to witness the highest growth during forecast period. Workers in the construction industry are often exposed hazards when working at heights in areas, such as building structures, scaffolds, and stairs, among others.
Fall protection equipment is required to protect workers from such hazards.
Browse and in-depth TOC on "Fall Protection Market"
68 - Tables
54 - Figures
141 - Pages
Don’t miss out on business opportunities in Fall Protection Market. Speak to our analyst and gain crucial industry insights that will help your business grow: www.marketsandmarkets.com/speakto…d=37333659
Asia Pacific is expected to be the fastest-growing market for fall protection products during the forecast period
The fall protection market in Asia Pacific is projected to witness the highest growth during forecast period. This growth can be mainly attributed to the rapid infrastructure development, high investments in new industries, and rise in residential & commercial building construction activities in countries, such as India, Indonesia, Thailand, and China.
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) are some of the leading players in the global fall protection market.
Get This Report @ www.marketsandmarkets.com/Purchas…d=37333659
Category: Market Research Publishers and RetailersCompany about: MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth ...