IMARC Group has recently released a new research study titled “Fall Protection Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

How big is the fall protection equipment market?

The global fall protection equipment market size reached US$ 2.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 7.5% during 2023-2028.

Fall protection equipment refers to different safety equipment and products that are employed to prevent industrial workers from injuries when working at heights. On-body and off-body products are some of the usually utilized fall protection equipment. On-body products include body belts, safety nets, connecting devices, full-body and chest harnesses, and suspension belts, which are generally linked to or worn on the body to arrest falls. Off-body products including guard rails and skylight guards are fitted on a physical structure to prevent the worker from falling.

Market Trends and Growth Drivers: 

The rising product application across various industries, such as mining, utilities, telecommunication, and transportation, represents a significant factor driving the market growth. In line with this, the increasing instances of occupational hazards due to a lack of appropriate safety measures at numerous mining, manufacturing, and other industrial sites are contributing to the growth of the market. The market is also driven by the increasing product application in the construction industry. In line with this, construction workers working at elevated platforms, walkways, steep roofs, wall apertures, and the edges of excavated regions are prone to the danger of falling and related accidents, which is facilitating the need for fall protection equipment, thus driving the market growth.

Some of the Top Key Players Operating in the Market are Given Below:

Competitive Scenario with Key Players: 3M Company, ABS Safety, Bergman & Beving AB, Carl Stahl GmbH, FallTech, Honeywell International Inc., Kee Safety Inc., MSA Safety Incorporated, Petzl, Pure Safety Group Inc., SKYLOTEC GmbH, W. W. Grainger Inc. and Werner Co. (Triton)

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Market Segmentation:

The report has segmented the global fall protection equipment market on the basis of product type, end-use industry and region.

Market By Product Type:

Harness
Lanyard
Self Retracting Lifeline
Belt
Rope
Others

Market By End-Use Industry:

Construction
Telecom
Energy and Utility
Transportation
Mining
Marine
Others

Geographical Analysis:

North America
Asia Pacific
Europe
Latin America
Middle East and Africa

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Key Highlights of the Report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us                                    

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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