Fall Protection Equipment Market in Rescue is Expected to Reach USD 3,556.2 Million in 2020

2024-11-01 05:04:09 News & Society

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According to a new market report published by Transparency Market Research ?Fall Protection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,? the market was valued at USD 1,952.7 million in 2013, which is expected to reach USD 3,556.2 million by 2020, growing at a CAGR of 9.0% from 2014 to 2020.

The demand for fall protection equipment market in rescue is expected to shift from mature regions such as North America and Europe to emerging markets such as Asia Pacific, Africa and Middle East primarily supported by the countries such as China, India, Japan, South Africa and Middle East among others. Increasing number of regulatory actions supported by International Labour Organization (ILO) is one of the major factors boosting the demand for fall protection equipment in rescue in the coming years.

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Increasing awareness about workplace safety and safety mandates in many countries is boosting the usage of fall protection equipment by manufacturing utilities specifically for rescue purposes. Apart from this, increasing fleet size of emergency services in emerging economies of Asia Pacific, Africa and Latin America is also expected to boost the demand for fall protection equipment in rescue.

Full Body harness is one of the major types of fall protection equipment used for rescue purposes. Better support provided by full body harness in case of full body suspension is one of the major factors boosting the demand for full body harness during the forecast period. North America and Europe are the major markets for fall protection equipment used for rescue purposes. The domination of these regions is expected to continue throughout the forecast period. However, emerging markets such as Asia Pacific, Africa, Latin America and Middle East are having huge untapped potential for fall protection equipment used for rescue purposes.

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3M Co., Alpha Pro Tech Ltd., Ansell Ltd., Avon Rubber p.l.c., Cofra Holdings AG, Oftenrich Holdings Limited (Golden Chang), Honeywell Safety Products, Rock Fall Ltd. and Uvex Safety Group among others are some of the key players in the fall protection equipment market in rescue.

Fall Protection Equipment Market in Rescue: By type
Body Belts
Chest Harness
Full Body Harness
Suspension Belts
Horizontal Lifelines
Vertical Lifelines
Self Retracting Lifelines
Safety Nets
Others

Fall Protection Equipment Market in Rescue: By Geography
North America
Europe
Asia Pacific
Latin America
Middle East
Africa

Browse Press Release of Fall Protection Equipment Market :
http://www.transparencymarketresearch.com/pressrelease/fall-protection-equipment-market.htm

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