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Fall Protection Market Worth 2.69 Billion USD by 2022


News provided by

MarketsandMarkets

19 Sep, 2017, 15:00 GMT

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PUNE, India, September 19, 2017 /PRNewswire/ --

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The 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 2022", published by MarketsandMarkets™, the global market is estimated to be USD 1.82 Billion in 2017 and is projected to reach USD 2.69 Billion by 2022, at a CAGR of 8.1 % from 2017 to 2022. The growth of the market is driven by the increasing awareness regarding industrial safety and stringent government regulations pertaining to safety in various industries.

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Browse 68 Market Data Tables and 51 Figures spread through 149 Pages and in-depth TOC on "Fall Protection Market"

http://www.marketsandmarkets.com/Market-Reports/fall-protection-market-37333659.html
Early buyers will receive 10% customization on this report

The access system segment is projected to witness the highest growth between 2017 and 2022 

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.

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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 between 2017 and 2022. 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.

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 between 2017 and 2022. 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.

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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.

Browse Related Reports 

Personal Protective Equipment Market by Type (Hands & Arm Protection, Protective Clothing, Foot & Leg Protection, Respiratory Protection, Head Protection), End-Use Industry (Manufacturing, Construction, Oil & Gas, Healthcare) - Global Forecast to 2022

http://www.marketsandmarkets.com/Market-Reports/personal-protective-equipment-market-132681971.html

Protective Clothing Market by Material Type (Aramid & Blends, Polyolefin & Blends, Polyamide, and PBI), Application (Thermal, Chemical, and Visibility), End-Use Industry (Construction & Manufacturing, Oil & Gas, and Mining) - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/protective-clothing-market-1278.html


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About MarketsandMarkets™  

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 5000 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 markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


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