Electrical Safety Personal Protective Equipment Market Share – Industry Analysis, Key Players and Trends to 2027

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Electrical Safety Personal Protective Equipment
Market to at over 5 CAGR from 2021 to 2027
Global Market Insights, Inc.
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Overview of Electrical Safety Personal Protective
Equipment Market

• The escalating formulation of directives by
  regulatory bodies across various regions is
  expected to open lucrative growth avenues for
  electrical safety personal protective equipment
  market. Citing an instance, the European
  Regulation 2016/425/EU is associated with the
  basic safety requirements that must be satisfied
  by personal protective equipment (PPE) for
  ensuring the safety and health protection of
  users.
• Similar regulations are expected to signpost the
  designing and development of innovative products
  to be deployed in electrical applications across
  various sectors. Owing to these factors, the
  electrical safety personal protective equipment
  market is anticipated to hit a valuation of USD
  21.5 billion by 2027, cites a recent study
  conducted by Global Market Insights Inc.
• While the electrical safety personal protective
  equipment industry in the Asia Pacific accounted
  for a valuation of more than USD 3 billion in
  2020, the industry in Europe is expected to
  foresee commendable expansion through 2027.

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• For instance, in December 2021, the European
  Commission adopted a package of electrical safety
  rules, ending an extensive array of prevailing
  exemptions for the usage of mercury in lamps. The
  new rules are intended at increasing the
  protection of environment and health from this
  hazardous substance. Such policies are expected
  to increase awareness regarding electrical
  safety, boosting market penetration across these
  regions.
• Major players in the electrical safety personal
  protective equipment industry are taking a keen
  interest in capacity expansion strategies such as
  mergers, acquisitions, and product developments
  for the consolidation of their position in the
  market.
• Citing an instance, in June 2021, Honeywell
  rolled out its Electrigrip dielectric boots that
  provide primary protection for voltages up to
  20kV along with high performance, flexibility,
  and comfort. The boots, which can be worn
  directly over socks, not only incorporate some
  commonly found safety features, including
  compression resistance and impact, and but also
  provide precarious protection against electrical
  shock.

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• The mining sector is expected to record an
  increase in product consumption given the
  increase in research activities for the
  development of advanced solutions. One such
  review published by a research team at the
  Department of Economics and Management, Anhui
  University of Science and Technology, China,
  analyzed the causes of safety and environmental
  issues in coal mining.
• The study recommended the importance of
  conducting further research using different
  psychological models for understanding human
  factors and designing effective safety management
  systems. The functional climate of coal mining
  presents many hazards to personnel, including the
  proximity of machinery, exposure to dust and
  explosive mine gases, roof falls, and hydraulic
  and electrical power.
• Such an environment elevates the need for
  innovative safety gears for catering to the
  burgeoning requirements across the industry.

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• In a nutshell, the expanding chemical,
  construction, and manufacturing industries across
  various regions coupled with increasing safety
  awareness initiatives are expected to escalate
  the demand for electrical safety PPE kits through
  the forthcoming years.

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