Industrial fall protection equipment market growth outlook with industry review and forecasts 2018-2024
Germany
fall
protection equipment market
size was valued at over 105 million in 2017. Increasing renewable energy
industry demand has led to rise in product usages such as harnesses and netting
may favor market growth in the region. The safety standards in Germany follow
the directives of the European Union and are developed locally by the Joint
German Occupational Safety & Health Strategy.
Factors
hindering industrial fall protection equipment market are selling of low
quality and inexpensive products with nonexistence of product demand in the
U.S., China, and Germany. Although, contractors or manufacturers choose to
supersede requirements for fall protection to protect their workers and
implement safety standards.
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Industrial Fall Protection Equipment Market
size is set to surpass USD 3.8 billion by 2024. Rising focus on workers safety
during construction, mining, energy and oil & gas industries are escalating
global fall protection equipment market demand. It involves use of controls
which are preferably designed to protect personnel from falling preventing
deaths and injuries.
Mishaps and occupational hazards including
falling off the overhead platforms, or elevated work stations are factors
giving rise for protection measures from various industries may foster industry
growth demand.
Body belts for industrial fall protection
equipment market size may surpass consumption at 50 million units by 2024.
These are mainly used in conjunction with full body harness to provide
protection against injuries. OSHA also recommends usage of body belts during
falling from elevated truck platforms.
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U.S. hard
goods for industrial fall protection equipment market size is poised to exceed
USD 7 million over the forecast timeframe. These include mainly anchors,
retractable blocks, and carabiners. Anchors are installed in the roof and
connected to lanyards which prevents workers from falling. Strict mandates
regulated by the government to maintain standards at workshop to avoid hazards
and injuries which in turn boost regional demand.
China
industrial fall protection equipment industry demand from oil & gas
applications may show substantial growth at around 9% up to 2024. These are
widely designed to help employees to work efficiently and durable to withstand
corrosive materials, grime, and grease within the oil & gas sector.
Companies offers lanyards, harnesses, ladder safety, netting, carabiners, and
rescue systems designed for the industry.
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MSA Safety Company, 3M, Honeywell Miller, SKYLOTEC, and Capital Safety
are key industrial players in industrial fall protection equipment market.
Companies are focusing on offering complete product portfolio as per standards
listed by authorities to meet required comfort and protection will stimulate
fall protection equipment market growth. Also, companies offer various benefits
such as ease of application, high reliability, and innovative features and are
sold through company’s website.
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Industrial fall protection equipment market growth outlook with industry review and forecasts 2018-2024
Reviewed by Pradip Varpe
on
November 19, 2018
Rating:
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