+1-888-308-5802     
News Contact Us

Industrial Head Protection Market Is Expected To Grow At A Highest CAGR Over The Forecast Timeframe

Author : Rahul Varpe | Published Date : 2019-05-10 

Industrial Head Protection Market growth is highly impacted due to mergers & acquisitions, new product launches, and product differentiations. For instance, in July 2017, MSA Safety Incorporated, a manufacturer of safety equipment based in the U.S., declared the complete acquisition of Globe Holding Company, LLC, a leading U.S. based manufacturer of firefighting boots and protective clothes, for USD 215 million. 

With this purchase, MSA has further reinforced its leading position across PPE (Personal Protective Equipment) sector in North America. The acquisition has helped MSA to further enhance its product portfolio that find applications across the construction, oil & gas, mining, defense, fire service, and petrochemical sectors, thereby augmenting the scope of industrial head protection industry.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/1963

Low costs and rise in worker efficiency along with declining incidences of worker injury will boost the demand for sensors and smart wearables across the industrial head protection market. Personal protective equipment manufacturers are devising new methods to augment the health quality and safety of workers. 

For instance, Scott Safety, a U.S based manufacturer of PPE and respiratory equipment, has created firefighting equipment such as PPE wearable devices as well as sensor-embedded solutions. Multinational firm Honeywell International incorporation is producing smart helmets for the factory workers to improve their safety as well as efficiency. The aforementioned factors are expected to create bright growth prospects for industrial head protection industry.

Even firms which are not involved in the business of producing personal protection equipment have made heavy investments in the production of smart helmets to explore the growth opportunities across industrial head protection market. For instance, a U.S. based augmented reality firm Daqri has designed wearable devices referred to as ‘smart helmets’, for industrial employees.

Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/industrial-head-protection-market

Many of the business players have realized the significant usage of smart sensors and connected devices across the personal protective equipment sector. For instance, in the U.S., many PPE manufacturers are using the data collected from smart sensors to enhance their operational efficiency and productivity. Smart PPE can detect danger signals which can result in a fatal accident or a head injury, which is expected to boost the industrial head protection market revenue over the years ahead.

Strict legislations enforcing the use of safety helmets across the manufacturing sector are speculated to impel the business expansion across Germany, in turn contributing majorly towards Europe industrial head protection industry share over the coming timeframe.

U.S. safety helmet sector, which will record a CAGR of more than 3.5% over 2017-2024, will heavily influence the business space over the coming years. Strict compliance standards set by OSHA regarding worker safety will impact the product trends across the region.

A growing number of construction projects will favorably leverage the growth map of industrial head protection industry across China, which is contemplated to make lucrative contributions of over USD 300 million towards APAC industrial head protection industry by 2024.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1963

Globally, industrial head protection market share is fragmented, with huge corporations and SMBs making substantial contributions toward the industry size. These participants are highlighting on key business growth aspects such as R&D activities to manufacture new products and sustain their position. Some of the major players involved in industrial head protection industry include DuPont, The 3M Company, Texas American Safety Company, and Gateway Safety Incorporation.


 

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

Metal Structural Insulation Panels Market Regional Trend & Growth Projections by 2024

Published Date: 2019-08-16         Author: Rahul Varpe

Europe Metal Structural Insulation Panels Market is expected to exceed USD 23 billion by 2024. Favorable government policies such as Nearly Zero Energy Buildings Program to improve the performance of commercial infrastructure is supporting the regional growth. For instance, On 30th November 2016, th... Read More

At 4% CAGR, Coated Fabrics Market is projected to grow over $27.4 billion by 2024

Published Date: 2019-08-16         Author: Rahul Varpe

Growing vehicle sales in Thailand, Indonesia, China, and India are expected to enhance the popularity of coated fabrics in automotive sector. Consistent efforts to improve the aesthetic appearance of seat cover designs are expected to boost the Coated Fabrics Market demand over coming years. Global ... Read More

Beverage Refrigeration Market is expected to witness significant gains during 2019 – 2024

Published Date: 2019-08-16         Author: Rahul Varpe

Reportedly, in this fast-paced era, consumers are being more inclined toward packaged drinks, owing to its convenience and easy storage, which in turn has inflated the demand for beverage refrigeration market, at a global scale. In fact, statistics claim that the global consumption of packaged drink... Read More

© 2019 Fractovia. All Rights Reserved