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Industrial Fall Protection Equipment Market 2018-2024 Growth & Regional Revenue By Top Players Guardian Industries, 3M, Honeywell Miller, MSA - The Safety Company, KARAM.

12-10-2018 06:02 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc

Industrial Fall Protection Equipment Market

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.

China industrial fall protection equipment industry demand from oil & gas applications may show substantial growth at around 9% up to 2024. These are widely designed to help employees to work efficiently and durable to withstand corrosive materials, grime, and grease within the oil & gas sector. Companies offers lanyards, harnesses, ladder safety, netting, carabiners, and rescue systems designed for the industry.

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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.

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688

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