Fall Protection Equipment Market 2020-2024 | Introduction of IoT and Asset Tracking Features to Boost Growth

 

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.

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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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