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Industrial Head Protection Market is poised to experience a profitable growth by 2024

Author : Rahul Varpe | Published Date : 2019-07-13 

Industrial Head Protection Market has generated a revenue of more than USD 2.3 billion in 2016, is slated to hit a revenue of more than USD 3.4 billion by 2024. 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 market by 2024.

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 market 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.

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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.

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, Gateway Safety Incorporation

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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.

Construction companies have designed a new kind of safety helmet to offer protection to the workers who have sustained fatal head injuries. The OSHA (Occupational Safety and Health Administration) has passed legislations that mandate the use of protective helmets for the workers at locations where there is a possibility of sustaining head injuries due to electric shock impact, burns, and falling or flying objects.

 

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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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