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[190 Pages Report] Smart PPE Market To Grow At A CAGR Of 15.9% And Is Projected To Reach $13.2 Billion By 2031
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The global smart personal protective equipment (PPE) market is expected to witness a significant growth in the coming years, due to the growing demand for workplace safety. Smart PPE is designed to detect and protect against hazardous environment and situations, and to alert employees of potential dangers. It is used in multiple industries, such as construction, manufacturing, health care, oil & gas, and mining.
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The increasing awareness among workers and employers about the safety of their workers have led to the increased adoption of Smart PPE. The rising demand for smart PPE is also attributed to the increasing number of incidents related to workplace safety. Additionally, the growing need for advanced technology-enhanced safety products is another factor driving the growth of the Smart PPE market.
The global Smart PPE market is segmented based on product type, end-user, and geography. By product type, the market is categorized into smart helmets, smart jackets, smart gloves, smart glasses, and others. By end-user, the market is divided into manufacturing, construction, oil & gas, health care, and others.
Market Scope and Structure Analysis
Description:
Smart PPE is the most important wearable in different industrial sectors, it is having advanced technologies within it which monitors and collects real time data. IOT, smart sensors assist in detecting and sending real time frequency and analysis it. Smart PPE is must in the industries and other required places because the workforce safety is the most priority in the scale. It make the hazards less in the difficult working environment.
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Top Impacting Factors
One of the most important driving factor for smart PPE market growth is health industry because the demand for smart PPE technologies owing to the rowing prevalence of high risk infectious diseases such as Ebola, SARS, swine flu, COVID-19,among others. These conditions have fueled the demand of smart PPE.
Smart PPE technologies offer safety, security and protection from dangerous activities and accidents. Thus, it is essential to have proper network connection all the time to monitor real-time changes. Any errors or delays in sending alerts can cause serious damage. It is most important restraint for the smart PPE market growth.
Market Trends
In 2018, Intellinium in collaboration with Sierra Wireless launched a smart safety shoe based on a device-to-cloud IoT solution. It provides safety to the workers in dangerous, noisy and remote workplaces.
Key Benefits of the Report
This study presents the analytical depiction of the smart PPE market making industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the smart PPE market share.
The current market is quantitatively analyzed to highlight the smart PPE market growth scenario.
Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides detailed smart PPE market analysis based on competitive intensity and how the competition will take shape in coming years.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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