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Industrial Fall Protection Equipment Market 2019 By Regional Revenue, Trend & Growth Forecast | Key Players are: 3M, MSA Safety Company, Capital Safety, Udyogi

05-15-2019 06:59 PM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights Inc.

Industrial Fall Protection Equipment Market

Industrial Fall Protection Equipment Market

Industrial Fall Protection Equipment Market in North America is driven by the U.S. may observe significant gains at over 6% on account of increasing construction activities in the region. The region is witnessing rising development of commercial & residential buildings. The U.S. government has announced infrastructure plans aimed at attracting investments for the modernization of old infrastructure such as bridges, roads, public utilities and hospitals.

Industrial Fall Protection Equipment Market may exceed USD 3.5 billion by 2024; according to a new research report. Industrial fall protection equipment offers protection from various hazards in the construction industry such as ladders, scaffolds, stairs, roofs and building structures which may further stimulate product demand.

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Increasing government regulations and standards regarding worker safety in industries such as mining, energy, utility and construction may accelerate industry growth. These regulations require employers to provide equipment’s for protection from floor holes, runways, platforms and dangerous machines. These products help prevent falls, trips and slips on slippery surfaces preventing minor injuries and fatalities, thus boosting industrial fall protection equipment market growth.

The oil & gas industry has a high potential for injuries during operations in confined spaces such as reserve pits, storage tanks, excavated areas, mud pits and hooped ladders which may further boost industrial fall protection equipment market growth.

Body belts for industrial fall protection equipment market should surpass USD 360 million by 2024 owing to increasing government investments in infrastructure facilities. These products prevent drop from elevated platforms, ensure proper worker positioning, and work in combination with full body harnesses. Also, they provide comfort and are resistant to harsh environment, chemicals & moisture, which may further stimulate industry growth.

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Industrial fall protection equipment market from oil & gas applications should witness gains close to 7% in the predicted period primarily owing to rising energy demand and favorable government initiatives to promote investments. These products withstand harsh conditions such as fire, contamination and rain, along with ensuring worker safety during pipe positioning, maintenance, tear down, or rig setup operations.

Global industrial fall protection equipment market share is consolidated among few manufacturers such as:

• MSA Safety Company
• 3M
• Capital Safety
• Honeywell
• French Creek production
• Mallcom Pure Safety Group
• Udyogi

Prominent industry participants are primarily focusing on new product development to improve product offerings and strategic acquisitions to expand their product portfolio.

Browse Report Summery @
www.gminsights.com/industry-analysis/fall-protection-market

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.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/

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