Industrial Head Protection Market by Products, Applications & Regional Growth by 2019-2024 - PowerPoint PPT Presentation

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Industrial Head Protection Market by Products, Applications & Regional Growth by 2019-2024

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Title: Industrial Head Protection Market by Products, Applications & Regional Growth by 2019-2024


1
Industrial Head Protection Market Growth
Outlook with Industry Review and Forecast
2019-2024
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2
Global Market Scenario of Industrial Head
Protection Industry
  • 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.
  • 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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Rights Reserved
www.gminsights.com
3
Continue-
  • 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.
  • 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.

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Rights Reserved
www.gminsights.com
4
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5
360 Industry Analysis
  • 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.
  • Strict legislations enforcing the use of safety
    helmets across the manufacturing sector are
    speculated to impel the business expansion across
    Germany, in turn contributing majorly towards
    Europe industrial head protection industry share
    over the coming timeframe. A growing number of
    construction projects will favorably leverage the
    growth map of industrial head protection industry
    across China, which is contemplated to make
    lucrative contributions of over USD 300 million
    towards APAC industrial head protection industry
    by 2024.
  •  

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6
  • Competitive Analysis
  • 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 RD 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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7
Latest Research Report On Industrial Head
Protection Market _at_ https//bit.ly/2qXXfGF
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customization https//bit.ly/2pwWTXe
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