Top 3 Emerging Trends Impacting the Global Industrial Safety Ladders Market from 2017-2021: Technavio

Technavio has published a new report on the global industrial safety ladders market from 2017-2021. (Graphic: Business Wire)

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LONDON--()--Technavio’s latest report on the global industrial safety ladders market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

The growth of the global industrial safety ladders market is driven by the strong demand from the construction industry, especially from APAC. Another factor that has driven the market is the comprehensive safety regulations, which necessitate the use of safety ladders while working at certain heights. Various vendors and end-users in the US have been very receptive of the National Ladder Safety Month, which is a movement initiated by safety organizations to reduce ladder-related accidents.

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The top three emerging trends driving the global industrial safety ladders market according to Technavio research analysts are:

  • Increasing use of fiberglass ladders
  • Use of high-visibility tapes on industrial ladders
  • Ladder safety and training programs on the rise

Increasing use of fiberglass ladders

Fiberglass ladders are being increasingly used in the telecommunication and energy sectors as they are resistant to corrosion and provide high electrical insulation, unlike aluminum. Therefore, fiberglass ladders are used more when working around power lines. The use of fiberglass ladders is gaining traction, which will drive the industrial safety ladders market,” says Neelesh Prakash Singh, a lead research analyst at Technavio.

Vendors in the market are increasingly manufacturing ladders using fiberglass, popularly known as fiber-reinforced plastic. The intrinsic structural and material properties make fiberglass strong and lightweight. This gives the material an advantage over other materials that are commonly used for manufacturing industrial ladders.

Use of high-visibility tapes on industrial ladders

In the manufacturing, utility, telecommunication and energy sectors, many activities are carried out in a dimly lit environment. Working under insufficient lighting increases the risk of hitting objects and falling. To address this, manufacturers have started using high-visibility tapes on ladders. This makes the rungs and the ladders more visible in the dark due to their highly reflective property, thus reinforcing safety,” adds Neelesh.

In 2016, key vendor TB Davies (CARDIFF) introduced a new ladder, the Little Giant Overhaul Ladder, which has high-visibility reflective labels on it that makes it more visible under low-light conditions. The incorporation of high-visibility tapes in ladders will enhance worker safety and thus, contribute to market growth during the forecast period.

Ladder safety and training programs on the rise

The use of ladders in the workplace involves the dangers of falling off, which may lead to injuries. Industrial end-users such as construction, manufacturing, and telecommunication industries use ladders extensively. Falls from ladders are one of the key concerns among occupational safety organizations.

Ladder manufacturers are holding ladder safety and training programs in various places globally in collaboration with occupational safety organizations. These programs enhance the innovation competencies of manufacturers and create awareness among employees regarding their importance. Such training increases user compliance, thereby driving the market.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio’s latest report on the global industrial safety ladders market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com