Press release
3M & Guardian Industries - Industrial Fall Protection Equipment Market To Surpass US$3.8 Billion By 2024.
Industrial Fall Protection Equipment Market
U.S. hard goods for industrial fall protection equipment market size is poised to exceed USD 7 million over the forecast timeframe. These include mainly anchors, retractable blocks, and carabiners. Anchors are installed in the roof and connected to lanyards which prevents workers from falling. Strict mandates regulated by the government to maintain standards at workshop to avoid hazards and injuries which in turn boost regional demand.
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Germany fall protection equipment market size was valued at over 105 million in 2017. Increasing renewable energy industry demand has led to rise in product usages such as harnesses and netting may favor market growth in the region. The safety standards in Germany follow the directives of the European Union and are developed locally by the Joint German Occupational Safety & Health Strategy.
Industrial Fall Protection Equipment Market, By Product
• Soft goods
• Hard goods
• Full body harness
• Rescue kit
• Body belts
• Others
Fall Protection Equipment Market, By Application
• Construction
• Oil & gas
• Mining
• Transportation
• Energy & utilities
• Telecom
• General industry
• Others
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Factors hindering industrial fall protection equipment market are selling of low quality and inexpensive products with nonexistence of product demand in the U.S., China, and Germany. Although, contractors or manufacturers choose to supersede requirements for fall protection to protect their workers and implement safety standards.
Industrial Fall Protection Equipment Market size is set to surpass USD 3.8 billion by 2024. Rising focus on workers safety during construction, mining, energy and oil & gas industries are escalating global fall protection equipment market demand. It involves use of controls which are preferably designed to protect personnel from falling preventing deaths and injuries. Mishaps and occupational hazards including falling off the overhead platforms, or elevated work stations are factors giving rise for protection measures from various industries may foster industry growth demand.
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MSA Safety Company, 3M, Honeywell Miller, SKYLOTEC, and Capital Safety are key industrial players in industrial fall protection equipment market. Companies are focusing on offering complete product portfolio as per standards listed by authorities to meet required comfort and protection will stimulate fall protection equipment market growth. Also, companies offer various benefits such as ease of application, high reliability, and innovative features and are sold through company’s website.
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