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(Construction.IndustryNews247.Com, August 09, 2018 ) Market Overview:-
Fall Protection Market size is expected to witness extensive growth owing to broadening application of fall protection in various commercial and industrial sectors which has increased the scope of innovative products in this market. Fall Protection Market is propelled by worker safety norms created by government and various industries. Fall protection equipment are mainly used in transmission and power generation sectors.
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Increasing on-site training is another key drive to upsurge the market growth. Various organizations have made safety training mandatory to encourage workers to take part in on-site training programs. Growing safety concerns about overall safety in workers and increasing fleet size of emergency services have raised the demand of these equipment.
Top Key Players:-
Global fall protection market is highly fragmented in nature compromising of various local and international market players. Some of the prominent key players operating the same market are Uvex safety group, 3M Co., Honeywell safety products, Oftenrich holdings ltd., Avon, Ansell ltd. and Alpha pro tech ltd. Other key players are ABS safety, Karam, ELK River, P&P safety, Klein tools, Roof safety solutions, RTC co. and Petzl.
Market share calculation in this report is not done based on companies covered in it. The calculation of fall protection market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
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Regional Segmentations: -
Asia Pacific region is expected to be the fastest growing fall protection market over the estimated years. China and India will offer an enormous potential fall protection market with rising urbanization and globalization. Increase in manufacturing and construction activities in this region will foster the market. Rise in power plant construction and other energy utility will impel the product market in the forecasted years.
The Middle East and Africa region, dominated by Saudi Arabia and South Africa fall protection market. This region is expected to witness a rapid growth in the product market due to increased transmission and energy sectors. Middle East countries including UAE and Iran will witness the market to prosper in the forecasted years with increase in oil and gas activities in the region.
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Based on its equipment’s, fall protection market is segmented into chest harness, full body harness, body belts, safety nets and suspension belts are commonly used in protection devices. Horizontal lifelines, vertical lifelines and self-retracting lifelines are normally used in suspension belts. Full body harness is one of the major type of safety tool used by rock climber, construction worker, painter, and window washer. Safety net is fastest growing protection tool to prevent any mishaps mainly in construction industries and is expected to grow at the same rate in the forecasted period. Growing industrialization in infrastructures & buildings, oil & gas and manufacturing will fuel the market.
Fall protection market is divided based on its applications into telecom, energy and utility, construction, production, transportation and other industrial sectors. Construction and energy & utility sectors hold the major use of these tools due to high end requirement of safety working conditions for workers.
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