Press release
Fall Protection Equipment Market in Rescue overall Value Expected to Rise from US$1.9 bn in 2013 to US$3.5 bn by 2020
Full body harness is one of the major types of fall protection equipment used for rescue purposes. The better support provided by full body harness in height rescue is one of the major factors fueling the demand for full body harness globally. The full body harness segment was valued at USD 676.7 million in 2013. However, safety net is one of the fastest growing types of fall protection equipment used for rescue purposes. The safety net segment is expected to grow at a CAGR of 9.6% from 2014 to 2020.
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On the basis of geography, the fall protection equipment market has been divided into North America, Latin America, Asia Pacific, Africa, Europe, and the Middle East. Europe and North America are presently the largest markets for fall protection equipment in the area of rescue operations. Valued at US$670.7 mn in 2013, the North America market is anticipated to witness steady growth in the coming years. Africa possesses immense potential for players in the fall protection equipment market and this region is projected to expand at an impressive 17.9% CAGR from 2014 to 2020. Countries such as South Africa, Kenya, and Nigeria have been identified as the most lucrative options for industry players.
The research report highlights the performance and contribution of the leading players competing in the global fall protection equipment market. The top companies operating in this marketplace include Ansell Ltd., Rock Fall Ltd., Uvex Safety Group, Oftenrich Holdings Limited, Cofra Holdings AG, Capital Safety, Avon Rubber p.l.c., 3M Co., Honeywell Safety Products, and Alpha Pro Tech Ltd.
The study offers an in-depth assessment of these players based on several aspects such as company overview, business strategies, financial standing, and recent developments. With the help of a SWOT analysis, the report sheds light on the strengths, weaknesses, opportunities, and threats of individual companies in the market for fall protection equipment in the field of rescue. This gives clients a better understanding of the competition and also helps them devise strategic alliances for the future.
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