The
fall protection equipment market and it is
poised to grow by USD 974.1 million during 2020-2024, progressing at a CAGR of
almost 6% during the forecast period. The report offers an up-to-date analysis
regarding the current market scenario, latest trends and drivers, and the
overall market environment.
Technavio suggests three forecast scenarios (optimistic, probable, and
pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will
accelerate during the forecast period. 3M Co., Adolf Würth GmbH & Co. KG,
Bergman & Beving AB, Carl Stahl GmbH, FallTech, Honeywell International
Inc., MSA Safety Inc., Petzl, Pure Safety Group, and Werner Co. are some of the
major market participants. The introduction of IoT and asset tracking features
will offer immense growth opportunities. To make the most of the opportunities,
market vendors should focus more on the growth prospects in the fast-growing
segments, while maintaining their positions in the slow-growing segments.
Introduction of IoT and asset tracking features has been instrumental in
driving the growth of the market.
Fall Protection Equipment Market 2020-2024: Segmentation
Fall Protection Equipment Market is segmented as below:
·
Product
o
Anchors and Connectors
o
Bodywear
o
Devices
o
Others
·
Geographic Landscape
o
APAC
o
Europe
o
MEA
o
North America
o
South America
Fall Protection Equipment Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study,
synthesis, and summation of data from multiple sources. Our fall protection equipment
market report covers the following areas:
·
Fall Protection Equipment Market Size
·
Fall Protection Equipment Market Trends
·
Fall Protection Equipment Market Industry Analysis
This study identifies increasing demand for fall protection equipment
from the construction industry as one of the prime reasons driving the fall
protection equipment market growth during the next few years.
Fall Protection Equipment Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the fall
protection equipment market, including some of the vendors such as 3M Co.,
Adolf Würth GmbH & Co. KG, Bergman & Beving AB, Carl Stahl GmbH,
FallTech, Honeywell International Inc., MSA Safety Inc., Petzl, Pure Safety
Group, and Werner Co. Backed with competitive intelligence and benchmarking,
our research reports on the fall protection equipment market are designed to
provide entry support, customer profile and M&As as well as go-to-market
strategy support.
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