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Industrial Fall Protection Equipment Market Demand Analysis and Growth Forecast from 2019 to 2024

The Industrial Fall Protection Equipment market trends are analysis from recent past with an eye on coming years in this report that also offers projections for Industrial Fall Protection Equipment industry targeted at helping in business decisions.

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Industrial Fall Protection Equipment Market Demand Analysis and Growth Forecast from 2019 to 2024

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  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. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  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. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @https://www.gminsights.com/request-sample/detail/1693 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis: • The North America industrial fall protection equipment market – led predominantly by the U.S and Canada – is one of the world’s 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. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/1693 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Industrial Fall Protection Equipment Market @ https://www.gminsights.com/industry-analysis/fall-protection-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/1693 Request for customization: https://www.gminsights.com/roc/1693 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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