The Global Fall Protection Market is estimated to be USD 1.82 Billion in 2017 and is projected to reach USD 2.69 Billion by 2022, at a CAGR of 8.1% during the forecast period. Increasing awareness regarding industrial safety and stringent government regulations pertaining to the safety of people in the construction industry are expected to drive the growth of the global fall protection market.

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Browse 68 Market Data Tables and 51 Figures spread through 149 Pages and in-depth TOC on "Fall Protection Market"

Drivers & Opportunities in global industry:

Stringent Government Regulations
Increasing Demand for Fall Protection Equipment From Construction Industry
Growing Awareness of Industrial Safety
High Growth Opportunities for Access System
Industrial Growth in Asia-Pacific
Based on type, the global fall protection market has been segmented into soft goods, hard goods, installed system, access system, rescue kit, and services. The access system segment is projected witness the highest growth during the forecast period, due to the increasing demand for protective equipment used in confined spaces. Access systems include confined space and tripod products used in tanks, vessels, sewers, and other applications.

Based on end-use industry, the global fall protection market has been segmented into construction, general industry, oil & gas, energy & utilities, telecom, transportation, mining, and others. The construction segment is expected to witness the highest growth during the forecast period. Mandates by governments of several countries around the globe, pertaining to the use of fall protection equipment to reduce the number of accidents and causalities during construction activities, is expected to fuel the growth of this segment.

Key players in the fall protection market have opportunities to expand in emerging countries. For example, the government of India is encouraging the growth of the manufacturing sector in the country by liberalizing policies and providing additional incentives such as land at cheap rates and faster clearances from all concerned departments. This will help develop the infrastructure and increase construction activities, which is expected to drive the sales of fall protection in the country over the next five years. Major players in the market can acquire the local players and establish their presence to provide fall protection equipment and provide services to the end users in emerging countries.

3M Company (US), Honeywell International Inc. (US), MSA Safety Inc. (US), Werner Co. (US), GF Protection Inc. (US), SKYLOTEC GmbH (Germany), W.W. Grainger, Inc. (US), Total Access (UK) Ltd. (UK), Kee Safety, Inc. (UK), and FallTech (US) are some of the leading players in the global fall protection market.

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