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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.
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Industrial Fall Protection Equipment Market Study by Regional Outlook and Competitive Landscape to 2024 • 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 industry would continue to receive significant momentum. • 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 industry is slated to surpass a revenue collection of USD 3.8 billion by the end of 2024. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Industrial Fall Protection Equipment Market Scenario: • In the last few years, the construction sector has emerged as one of the leading industrial domains where the rate of fatalities due to falling at the workplace is increasing tremendously due to lack of compliance and 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. • 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
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Regional Analysis: • The Europe fall protection equipment market, led by some of the continent’s biggest nations – namely UK, France, Germany and Italy – would be depicting a substantial increase in valuation in the years ahead. The major factor responsible for the same is the prevalence of work-related accidents & injuries in the region. According to a 2017 press release by the International Labor Organization and the European Agency for Safety and Health at Work (EU-OSHA), accidents and injuries that occurred in a work environment cost the European Union (EU) about €476 billion annually – which is approximately 3.3% of the region’s GDP. • 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
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