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Global Workplace Safety Market 2023: Business Outlook, Growth Strategy, CAGR Status And Key Players Analysis To 2032 | IBM Corporation, Honeywell International, Inc., 3M Company, Hexagon AB, Appian Corporation
Workplace Safety Market
The Business Research Company's Template Global Market Report 2023 identifies Rising occupational injuries and deaths as the major driver for the Workplace Safety Market's growth in the forecast period. Workplace safety systems protect employees from a variety of life-threatening situations at their workplaces, and rising occupational injuries and deaths at workplaces are leading to more companies deploying workplace safety equipment and practices that are in turn, driving the market.
The global workplace safety market size is expected to grow from $12.30 billion in 2022 to $13.61 billion in 2023 at a compound annual growth rate (CAGR) of 10.58%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The workplace safety market size is expected to reach $19.92 billion in 2027 at a CAGR of 10.00%.
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Major competitors in the workplace safety market are IBM Corporation, Honeywell International, Inc., 3M Company, Hexagon AB, Appian Corporation, Microsoft Corporation, Robert Bosch GmbH, Amazon.com, Inc., Panasonic Corporation, Cority Software, Inc., NuSafe, Arco Limited, J&K Ross Ltd., and Alpha Pro Tech Ltd.
A key trend in the Workplace Safety Market includes Technological advancement. Major companies operating in the workplace safety system market are developing various new technological innovations, such as Honeywell's NIOSH-certified N95 respirator. For instance, in May 2022, Honeywell, a US-based company that that produces industrial, commercial, and residential control systems, aerospace, and automotive goods, speciality chemicals and plastics, and so on, launched the N95 respirator. This product has unique features, such as the new filtered, reusable half-mask respirator that allows workers in the healthcare sector to wear it comfortably for hours. The product offers a superior personal protection equipment portfolio and enables an ecosystem of improved safety and protection of human health.
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The Workplace Safety Market is segmented -
By System: Environmental Health And Safety, Access Control And Surveillance System, Real Time Location Monitoring
By Enterprise Size: Small And Medium Enterprises, Large Enterprises
By Application: Incident And Emergency Management, Asset Tracking And Management, Personal Protective Equipment Detection
By Industry: BFSI, IT And Telecom, Manufacturing And Automobile, Hospitality, Healthcare
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Workplace Safety Market.
The Business Research Company's "Global Workplace Safety Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Workplace Safety Market Include:
1. Executive Summary
2. Workplace Safety Market Characteristics
3. Workplace Safety Market Trends And Strategies
4. Workplace Safety Market - Macro Economic Scenario
5. Workplace Safety Market Size And Growth
……
26. Africa Workplace Safety Market
27. Workplace Safety Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Workplace Safety Market
29. Workplace Safety Market Future Outlook and Potential Analysis
30. Appendix
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