Press release
Electrical Protective Equipment Market is projected to Grow Significantly to reach US$ 1,315.3 million by 2027: 3M, Alpha Pro Tech, Ansell, Cintas, Delta Plus, Honeywell, Lakeland, MSA, NSA-National Safety
According to our latest market study on "Electrical Protective Equipment Market to 2027 - COVID-19 Impact and Global Analysis and Forecast by Product (Insulated Tools, Face and Eye Protection, Respiratory Protection, Protective Apparels, Head Protection, and Others); End User (Manufacturing, Construction, Oil & Gas, Healthcare, Transportation, and Others), and Geography," the market was valued at US$ 1,222.3 million in 2019 and is projected to reach US$ 1,315.3 million by 2027; it is expected to grow at a CAGR of 1.0% from 2019 to 2027. The report highlights the key factors driving the market growth, and prominent players and their developments in the market.The severe regulatory agenda regarding worker safety principally in developed countries propels the demand for electrical protective equipment. Also, the growing adoption of OSHA-regulated products to reduce the impact of injurious exposures is the crucial factor in supporting the market growth. Further, OSHA directs the use of choosing the right protective gear. The increasing concerns regarding the safety of workers has potentially surged the demand for numerous electrical protective equipment, mainly face and eye protection equipment, which includes surgical masks, face shields, protective goggles, and respirators. While working on energized parts, there exist a possibility of the generation of electric arcs; thus, the workers must be protected with nonconductive, durable, and heat-resistant electrical protective equipment that offer deflection qualities.
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The Report includes the latest coverage of the impact of COVID-19 on the Electrical Protective Equipment industry. The incidence has affected nearly every aspect of the business domain. This study evaluates the current scenario and predicts future outcomes of the pandemic on the global economy.
The Electrical Protective Equipment Market Report mainly contains the following Manufacturers: 3M, Alpha Pro Tech, Ansell Ltd., Cintas Corporation, Delta Plus Group, Honeywell International Inc., Lakeland Inc., MSA, NSA-National Safety Apparel, and Mallcom (India) Ltd., are among the leading players operating in the electrical protective equipment market.
Growth in the adoption of face and eye protection is creating significant opportunities for electrical protective equipment providers. The market for face and eye protection equipment is expected to reach US$ 4,269.84 million by 2027 Face and eye protection can be achieved by wearing eyewear, specially designed to mitigate the risk of exposure to chemical splashes or laser radiation. The high growth of the market for face and eye protection is expected to create significant global demand for electrical protective equipment.
The main objectives of the research report elaborate the overall market overview on Electrical Protective Equipment market dynamics, historic volume and value, robust market methodology, current and future trends, Porter's Five Forces Analysis, upstream and downstream industry chain, new technological development, cost structure, government policies and regulations, etc. Major companies, company overview, financial data, products and services, strategy analysis, key developments market competition, industry competition structure analysis, SWOT Analysis, etc.
According to the World Health Organization (WHO) report, the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are some of the worst affected countries by the COVID-19 outbreak. The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take a worst hit in 2020, as well as in 2021. The outbreak has primarily created significant disruptions in industries such as consumer electronics, semiconductor, automotive, and IT infrastructure. All these industries are crucial for the growth of global electrical protective equipment market as they contribute a major share to the total demand for electrical protective equipment. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the transmission have impacted both manufacturing and sales of various products.
The report segments the global electrical protective equipment market as follows:
? By Product
o Insulated Tools
o Face and Eye Protection
o Respiratory Protection
o Protective Apparels
o Head Protection
o Others
? By End-user
o Manufacturing
o Construction
o Oil & Gas
o Healthcare
o Transportation
o Others
? By Geography
o North America
? US
? Canada
? Mexico
o Europe
? Germany
? UK
? France
? Italy
? Russia
? Rest of Europe
o Asia Pacific (APAC)
? China
? India
? Japan
? Australia
? South Korea
? Rest of APAC
o Middle East and Africa (MEA)
? South Africa
? Saudi Arabia
? UAE
? Rest of MEA
o South America (SAM)
? Brazil
? Argentina
? Rest of SAM
Interested in Purchasing this Report? Click here @ https://bit.ly/3eDZenc
Reasons to Buy:
The nature of Electrical Protective Equipment business opportunities has grown in complexity with the industry evolving at a greater pace, making it increasingly difficult going without adequate information on markets and companies.
o Gain a complete understanding of Global Electrical Protective Equipment industry through the comprehensive analysis
o Evaluate the pros and cons of investing/operating in country level Electrical Protective Equipment markets through reliable forecast model results
o Identify potential investment/contract/expansion opportunities
o Drive your strategies in the right direction by understanding the impact of latest trends, market forecasts on your Electrical Protective Equipment business
o Beat your competition through information on their operations, strategies and new projects
o Recent insights on the Electrical Protective Equipment market will help users operating in the market to initiate transformational growth
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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