+1-888-308-5802     
News Contact Us

Industrial fall protection equipment market report 2019-2024 by regional revenue, growth & trends analysis.

Author : Rahul Varpe | Published Date : 2019-04-23 

An analysis of Industrial fall protection equipment market has been provided in the latest report introduced by Global Market Insights that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders.  

Taking into account the proliferating demand for fall protection equipment, leading companies in the industrial fall protection equipment market have been investing in mergers and acquisitions to achieve a dominant position in the market.

Recently, 3M successfully purchased the global leader in the personal protection industry, Aearo Technologies Inc., for USD 1.2 million. The acquisition will help 3M to strengthen its customer base across military, industrial, and construction sector. In addition, the company has broadened its business space in safety and personal protection equipment. The rising number of M&As will thus help industrial fall protection equipment manufacturers increase their chances of profitability and help them develop high-quality products.

Request for a sample copy of this report @ www.gminsights.com/request-sample/detail/1693

Powered by the increasing rate of fatalities due to hazardous falls at industrial workplaces, industrial fall protection equipment market size has been growing remarkably in the recent years. The rising awareness among the industries and regulatory bodies about the surging need of safe working conditions for maintaining decorum at the workplace has been impelling the industry trends. Several policymakers have been implementing strict regulations to mandate the use of fall protection equipment at work sites such as construction firms, mining, and energy utility firms.

The presence of a stringent regulatory scenario related to the safety of workers for curbing the chances of fatal falls along with the implementation of fall protection programs to generate awareness among the workers about the use of safety products are likely to propel the industrial fall protection equipment industry.

As of now, most of the workers and employers have been striving to understand the possible hazards at the workplace and the design of the products that need to be suitably manufactured. In this regard, for generating awareness among the employers and workers about the use of appropriate protective equipment, several regulatory organizations have been forming strategic alliances amongst each other.

For instance, a few months before, Occupational Safety and Health Administration (OSHA) and the International Safety Equipment Association (ISEA) signed a two-year agreement to provide information about the selection of personal protective equipment to its members, employers, and workers. Apparently, ISEA has partnered with OSHA to share information about energy campaigns such as the National Stand-Down to prevent falls in construction. They are also planning to enforce worker safety and health programs at educational institutions and community-based organizations to reduce fatalities and injuries at workplace.

Make an inquiry for purchasing this report @ www.gminsights.com/inquiry-before-buying/1693

In the last few years, the construction sector has emerged as one of the leading industrial domains where the rate of fatalities due to falling at the workplace is increasing tremendously due to lack of compliance and negligence toward the use of effective personal protective equipment. In fact, for preventing the future cases of fall fatalities at construction site, numerous construction companies have been demanding fall protection equipment on a large scale. As per estimates, by the end of 2024, the construction sector will contribute USD 900 million to the industrial fall protection equipment industry.

It is thus rather overt that the rising number of construction activities across the globe will majorly propel industrial fall protection equipment market in the years ahead. The stringent regulations enforced by administrative bodies to increase workspace safety will also have a positive impact on the industry growth in the near future. Reportedly, fueled by strategic alliances, acquisitions, and novel product adoption, industrial fall protection equipment market is slated to surpass a revenue collection of USD 3.8 billion by the end of 2024.

About Author

Rahul Varpe

Rahul Varpe

Rahul Varpe currently writes for fractovia. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products online. Apart from being an avid reader, his other hobbies include music and sketching. He can be contacted at- [email protected] | https://twitter.com/varperahul

Related News

Concrete Floor Coatings Market Statistics: 2019-2024 Global Share Report

Published Date: 2019-09-20         Author: Rahul Varpe

As per a report by Global Market Insights, Inc., Concrete floor coatings market is projected to record a 7% CAGR over 2016-2024 and exceed a market valuation of USD 1.5 billion by 2024. Global Concrete Floor Coatings Market is poised to witness a major upswing with the soaring construction industry ... Read More

Smart And Interactive Textiles Market 2019: Regional Trends, Opportunities & Growth Forecasts To 2024

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Speaking of which, smart textiles find massive applications in the retai... Read More

Smart And Interactive Textiles Market to witness a steady growth over the forecast timeframe

Published Date: 2019-09-20         Author: Rahul Varpe

Global Market Insights, Inc. adds Global Smart And Interactive Textiles Market Research its online database. The report provides information on Industry Trends, Demand, Top Manufacturers, Countries, Material and Application. Excellent growth prospects have been forecast for Smart And Interactive Tex... Read More

© 2019 Fractovia. All Rights Reserved