Industrial Fall Protection Equipment Market Trends Information and Competitive Landscape Scenario to 2024 - PowerPoint PPT Presentation

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Industrial Fall Protection Equipment Market Trends Information and Competitive Landscape Scenario to 2024

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This Industrial Fall Protection Equipment market report is an exhaustive research on companies active in Industrial Fall Protection Equipment sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years. – PowerPoint PPT presentation

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Title: Industrial Fall Protection Equipment Market Trends Information and Competitive Landscape Scenario to 2024


1
Industrial Fall Protection Equipment Market is
Projected to Witness Exponential Growth by 2024
  • The rising number of construction activities
    across the globe will majorly propel industrial
    fall protection equipment market in the years
    ahead. The stringent regulations enforced by
    administrative bodies to increase workspace
    safety will also have a positive impact on the
    industry growth in the near future. Reportedly,
    fueled by strategic alliances, acquisitions, and
    novel product adoption, industrial fall
    protection equipment market is slated to surpass
    a revenue collection of USD 3.8 billion by the
    end of 2024.
  • The construction sector has emerged as one of
    leading industrial domains where rate of
    fatalities due to falling at the workplace is
    increasing tremendously due to lack of compliance
    negligence toward the use of effective personal
    protective equipment. In fact, for preventing the
    future cases of fall fatalities at construction
    site, numerous construction companies have been
    demanding fall protection equipment on a large
    scale. As per estimates, by the end of 2024, the
    construction sector will contribute USD 900
    million to the industrial fall protection
    equipment industry.

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2
  • Industrial Fall Protection Equipment Market
    Scenario
  • Most of the industries comprise confined spaces
    on their work sites that come with challenges for
    the safety of employees. At such work sites,
    nearly more than 60 such incidents occur during
    repairing and maintenance activities. In such
    situations, for ensuring the safety of workers,
    several companies have been deploying rescue kits
    at the confined space. Organizations like OSHA
    and ANSI (American National Standard Institute)
    have mandated the deployment of rescue facilities
    at hazardous workplaces for lowering the risk of
    fatalities of fallen workers. For the record,
    rescue kits based industrial fall protection
    equipment industry size will grow at a CAGR of
    6.5 over 2018-2024.
  • Powered by the increasing rate of fatalities due
    to hazardous falls at industrial workplaces,
    industrial fall protection equipment market size
    has been growing remarkably in the recent years.
    The rising awareness among the industries and
    regulatory bodies about the surging need of safe
    working conditions for maintaining decorum at the
    workplace has been impelling the industry trends.
    Several policymakers have been implementing
    strict regulations to mandate the use of fall
    protection equipment at work sites such as
    construction firms, mining, and energy utility
    firms. The presence of a stringent regulatory
    scenario related to the safety of workers for
    curbing the chances of fatal falls along with the
    implementation of fall protection programs to
    generate awareness among the workers about the
    use of safety products are likely to propel the
    industrial fall protection equipment industry.

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3
Request for a Sample Copy of this Report
_at_ https//www.gminsights.com/request-sample/detail
/1693
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4
  • Regional Analysis
  • The North America industrial fall protection
    equipment market led predominantly by the U.S
    and Canada is one of the worlds largest
    personal protection equipment (PPE) business
    spaces. The regional growth is facilitated by a
    work culture that gives the worker safety utmost
    importance. This healthy work culture coupled
    with strict worker safety standards that are
    introduced and upheld by regulatory agencies like
    OSHA and ANSI ensure that the North America
    industrial fall protection equipment market would
    continue to receive significant momentum.
  • Competitive Analysis
  • MSA Safety Company, 3M, Honeywell Miller,
    SKYLOTEC, and Capital Safety are key industrial
    players in industrial fall protection equipment
    market.

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1693
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5
Latest Research Report On Industrial Fall
Protection Equipment Market _at_ https//www.gminsig
hts.com/industry-analysis/fall-protection-market
Request for sample of this research report_at_
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1693 Request for customization
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6
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