[141 Pages Report] 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% from 2017 to 2022. New product developments was the key growth strategy
adopted by leading players in the market. Besides this strategy, major players
also adopted expansions, mergers & acquisitions, and partnerships to
strengthen their position in the global fall protection market. A majority of
strategic developments were undertaken in the Asia Pacific, Europe, and North
America between 2015 and 2017 (February).
In January 2016, the company introduced innovative fall
arresters for height protection against dangerous backward fall.
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Target
audiences for the fall protection market report:
- Fall
Protection Manufacturers
- Fall
Protection Suppliers
- Raw Material
Suppliers
- Investment
Banks
- Government
Bodies
The growth of the fall protection market was largely
influenced by new product developments over the past five years. Companies such
as 3M Company, Honeywell International Inc., MSA Safety Inc., and GF Protection
Inc. undertook new product developments, expansions, mergers &
acquisitions, and partnerships to expand their regional presence and enhance
their product offerings.
The 3M Company (US) is a key player in the global fall
protection market. The company offers a comprehensive range of fall protection
products for various end-use industries, such as construction, general industry,
oil & gas, telecom, transportation, energy & utilities, and mining. The
company adopted new product developments and mergers & acquisitions as its
major growth strategies. In August 2015, the company acquired Capital Safety
(US) to expand its business of fall protection products across the global.
Honeywell International Inc. (US) is another leading
manufacturer in fall protective market. The company adopted new product
developments as a key growth strategy to expand its business globally. The
company offers a wide range of fall protective equipment for construction,
general industry, oil & gas, telecom, transportation, energy &
utilities, mining, and other industries. For example, Honeywell Söll GlideLoc
ladder and Söll BodyControl are used in telecommunication, utilities, and
general industries.
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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MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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