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Company Profiles of Industrial Head Protection Market 2018 – 3M, Honeywell, UVEX Safety Group

Company Profiles of Industrial Head Protection Market 2018 –

Industrial Head Protection Market growth is highly impacted due to mergers & acquisitions, new product launches, and product differentiations. For instance, in July 2017, MSA Safety Incorporated, a manufacturer of safety equipment based in the U.S., declared the complete acquisition of Globe Holding Company, LLC, a leading U.S. based manufacturer of firefighting boots and protective clothes, for USD 215 million. With this purchase, MSA has further reinforced its leading position across PPE (Personal Protective Equipment) sector in North America.

The acquisition has helped MSA to further enhance its product portfolio that find applications across the construction, oil & gas, mining, defense, fire service, and petrochemical sectors, thereby augmenting the scope of industrial head protection industry.

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Today, construction companies have designed a new kind of safety helmet to offer protection to the workers who have sustained fatal head injuries. The OSHA (Occupational Safety and Health Administration) has passed legislations that mandate the use of protective helmets for the workers at locations where there is a possibility of sustaining head injuries due to electric shock impact, burns, and falling or flying objects. Global Market Insights, Inc., states that industrial head protection industry, which generated a revenue of more than USD 2.3 billion in 2016, is slated to hit a revenue of more than USD 3.4 billion by 2024.

Low costs and rise in worker efficiency along with declining incidences of worker injury will boost the demand for sensors and smart wearables across the industrial head protection market. Personal protective equipment manufacturers are devising new methods to augment the health quality and safety of workers.

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For instance, Scott Safety, a U.S based manufacturer of PPE and respiratory equipment, has created firefighting equipment such as PPE wearable devices as well as sensor-embedded solutions. Multinational firm Honeywell International incorporation is producing smart helmets for the factory workers to improve their safety as well as efficiency. The aforementioned factors are expected to create bright growth prospects for industrial head protection industry.

Even firms which are not involved in the business of producing personal protection equipment have made heavy investments in the production of smart helmets to explore the growth opportunities across industrial head protection market. For instance, a U.S. based augmented reality firm Daqri has designed wearable devices referred to as ‘smart helmets’, for industrial employees.

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Many of the business players have realized the significant usage of smart sensors and connected devices across the personal protective equipment sector. For instance, in the U.S., many PPE manufacturers are using the data collected from smart sensors to enhance their operational efficiency and productivity. Smart PPE can detect danger signals which can result in a fatal accident or a head injury, which is expected to boost the industrial head protection market revenue over the years ahead.

U.S. safety helmet sector, which will record a CAGR of more than 3.5% over 2017-2024, will heavily influence the business space over the coming years. Strict compliance standards set by OSHA regarding worker safety will impact the product trends across the region.

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Globally, industrial head protection market share is fragmented, with huge corporations and SMBs making substantial contributions toward the industry size. These participants are highlighting on key business growth aspects such as R&D activities to manufacture new products and sustain their position. Some of the major players involved in industrial head protection industry include DuPont, The 3M Company, Texas American Safety Company, and Gateway Safety Incorporation.

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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.

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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: https://www.gminsights.com

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