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Fall Protection Market 2024: Forecasts, Analysis and Growths

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Fall protection market is divided based on its applications into telecom, energy and utility, construction, production, transportation and other industrial sectors – PowerPoint PPT presentation

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Title: Fall Protection Market 2024: Forecasts, Analysis and Growths


1
Fall Protection Market 2024 Forecasts,
Analysis and Overview Global Market Insights
Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Regional Analysis of Fall Protection Market
  • North American region is anticipated to be the
    leading market for fall protection equipment in
    recent years. Increase in several safety norms by
    government bodies and rising number of fleet
    emergency services is boosting the product market
    in the region. North America is expected to
    witness a steady growth in the forecasted years
    due to increased usage of safety tools in various
    industries including telecom, transportation and
    construction industry. The Shale gas boom in this
    region will also create potential opportunities
    in flourishing the fall protection market.
  • Europe is another prominent region for fall
    protection market with increase in demand these
    safety tools used in rescue operations. The
    market is expected to grow at high CAGR with
    rising use of protective tools in wind energy,
    telecommunications, utilities and transportation
    coupled with growing safety awareness and
    stringent safety norms created by European
    government. On other hand, increase in general
    industrial applications in construction and
    manufacturing sectors will help the market to
    grow in the forecasted years.

3
Regional Analysis of Fall Protection Market
  • Asia Pacific region is expected to be the fastest
    growing fall protection market over the estimated
    years. China and India will offer an enormous
    potential fall protection market with rising
    urbanization and globalization. Increase in
    manufacturing and construction activities in this
    region will foster the market. Rise in power
    plant construction and other energy utility will
    impel the product market in the forecasted years.
  • The Middle East and Africa region, dominated by
    Saudi Arabia and South Africa fall protection
    market. This region is expected to witness a
    rapid growth in the product market due to
    increased transmission and energy sectors. Middle
    East countries including UAE and Iran will
    witness the market to prosper in the forecasted
    years with increase in oil and gas activities in
    the region.

4
Application Analysis of Fall Protection Market
  • Consumer drone market is segmented as
    toy/hobbyist, prosumer, and photogrammetry.
    Prosumer is expected to dominate the applications
    segment during period under study.
  • Demand for drones in photogrammetry application
    segment is projected to increase significantly.
    Small low elevation drones offer advantage over
    aerial technology for photogrammetry.
  • The consumer drone market is expected to gain
    momentum in hobby applications, particularly
    sports. DR1 Racing and Mountain Dew organized
    drone race in August 2016. The event used 12 of
    the world's top drone-racing pilots.

5
Competitive Market Share of Fall Protection
Market
  • Global fall protection market is highly
    fragmented in nature compromising of various
    local and international market players. Some of
    the prominent key players operating the same
    market are Uvex safety group, 3M Co., Honeywell
    safety products, Oftenrich holdings ltd., Avon,
    Ansell ltd. and Alpha pro tech ltd. Other key
    players are ABS safety, Karam, ELK River, PP
    safety, Klein tools, Roof safety solutions, RTC
    co. and Petzl.
  • The most common strategy used by businesses is
    acquisitions and mergers aiming to increase the
    market size and product portfolio. In March 2106,
    the 3M co. acquired Scott safety from Johnson
    controls for a value of USD 2 billion. The
    acquisition was done to broaden the protective
    solutions to their customers.

6

Browse Full Market Research Report On Fall
Protection Market _at_ http//bit.ly/2s7r06a Requ
est for an in-depth table of contents for this
report _at_ https//www.gminsights.com/request-toc/up
coming/1693
7
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