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Fall Protection Market worth $3.97 billion by 2027


(, July 06, 2019 ) The report "Fall Protection Market by Type (Soft goods, hard goods, installed system, access system, rescue kit, services), END-USE INDUSTRY (construction, general industry, OIL & GAS, energy & utilities, telecom, transportation, mining) - Global Forecast to 2027", is projected to grow from USD 1.97 billion in 2018 to USD 3.97 billion by 2027

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The growth of the market is driven by the increasing awareness regarding industrial safety and stringent government regulations pertaining to safety in various industries. Increasing demand of fall protection equipment from construction industry is also one of the major driver. On the other hand, increasing automation in end-use industries is expected to restrain the growth of the market.

The access system segment is projected to witness the highest growth during the forecast period

Based on type, the global fall protection market has been segmented into soft goods, hard goods, installed system, rescue kit, access system, and services. The access system segment is projected to witness the highest growth during the forecast period. The growth of this segment can be attributed to the rising demand for tripods and confined space kits for ease of work in hollow areas, such as tanks, vessels, and sewers.

The construction segment is projected to witness the highest growth during the forecast period

Based on end-use industry, the construction segment is projected to witness the highest growth during forecast period. Workers in the construction industry are often exposed hazards when working at heights in areas, such as building structures, scaffolds, and stairs, among others. Fall protection equipment is required to protect workers from such hazards.

Don't miss out on business opportunities in Fall Protection Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow.

Browse in-depth TOC on "Fall Protection Market”
68 - Market Data Tables
54 - Figures
141 - Pages

Asia Pacific is expected to be the fastest-growing market for fall protection products during the forecast period

The fall protection market in Asia Pacific is projected to witness the highest growth during forecast period. This growth can be mainly attributed to the rapid infrastructure development, high investments in new industries, and rise in residential & commercial building construction activities in countries, such as India, Indonesia, Thailand, and China.

3M Company (US), Honeywell International Inc. (US), MSA Safety Inc. (US), Werner Co. (US), GF Protection Inc. (US), SKYLOTEC GmbH (Germany), W.W. Grainger, Inc. (US), Total Access (UK) Ltd. (UK), Kee Safety, Inc. (UK), and FallTech (US) are some of the leading players in the global fall protection market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Mr. Shelly Singh


Source: EmailWire.Com

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