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Industrial Fall Protection Equipment Market by Regional Growth Factors & Trends Analysis Leading Players by 2024

Author : Rahul Varpe | Published Date : 2019-09-14 

Increasing 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 industry is slated to surpass a revenue collection of USD 3.8 billion by the end of 2024.

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.

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Most of the industries comprise confined spaces on their work sites that come with challenges for the safety of employees. At such work sites, nearly more than 60% such incidents occur during repairing and maintenance activities. In such situations, for ensuring the safety of workers, several companies have been deploying rescue kits at the confined space. Organizations like OSHA and ANSI (American National Standard Institute) have mandated the deployment of rescue facilities at hazardous workplaces for lowering the risk of fatalities of fallen workers. For the record, rescue kits based industrial fall protection equipment market size will grow at a CAGR of 6.5% over 2018-2024.

Industrial Fall Protection Equipment Market, by Application:

  • Construction
  • Oil & gas
  • Mining
  • Transportation
  • Energy & utilities
  • Telecom

Important pointers encompassed pertaining to the Application spectrum:

  • Substantial details about the Application spectrum are provided in the report.
  • The study mentions about the valuation estimate of each of the Application categories in detail, by the end of the forecast period.
  • The market share that each of the Application segments account are mentioned in the study.
  • The trends that the Application landscape is defined by are also contained in the report.

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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.

Global industrial fall protection equipment market share is consolidated among few manufacturers such as:

  • MSA Safety Company
  • 3M
  • Capital Safety
  • Honeywell
  • French Creek production
  • Mallcom Pure Safety Group
  • Udyogi

Other important pointers encompassed pertaining to the Industrial fall protection equipment market:

  • The report includes major details regarding the market.
  • The study mentions information about the revenue estimate of the market by the end of the forecast duration.
  • The market share accounted for each of the segments are discussed in the report.
  • The study also discusses the ongoing and future trends defining the Industrial fall protection equipment market.

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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

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