DUBLIN--(BUSINESS WIRE)--The "Fall Protection - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Fall Protection estimated at US$2.2 Billion in the year 2020, is projected to reach a revised size of US$3.6 Billion by 2027, growing at a CAGR of 6.9% over the analysis period 2020-2027.
Soft Goods, one of the segments analyzed in the report, is projected to record a 7.7% CAGR and reach US$1.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hard Goods segment is readjusted to a revised 6.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $605.3 Million, While China is Forecast to Grow at 10.7% CAGR
The Fall Protection market in the U.S. is estimated at US$605.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$785 Million by the year 2027 trailing a CAGR of 10.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 6.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.
Installed Systems Segment to Record 5.9% CAGR
In the global Installed Systems segment, USA, Canada, Japan, China and Europe will drive the 5.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$332.8 Million in the year 2020 will reach a projected size of US$481 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$486.2 Million by the year 2027, while Latin America will expand at a 7.1% CAGR through the analysis period.
Select Competitors (Total 38 Featured):
- 3M Company
- Buckingham Manufacturing Co Inc.
- Cofra S.R.L
- ELK River Inc.
- Falltech
- Frenchcreek Production, Inc.
- GF Protection Inc.
- Gravitec Systems, Inc.
- Hi-Rise Access
- Honeywell International Inc.
- Karam Industries
- Kee Safety, Inc.
- Malta Dynamics, LLC
- MSA Safety Inc.
- P&P Safety Ltd
- Rigid Lifelines Inc.
- Safe Approach Inc.
- Safetylink Pty Ltd.
- Sellstrom Manufacturing Company
- Skylotec GmbH
- Swelock Asia Co., Ltd.
- The Petzel Group
- Total Access (U.K.) Ltd.
- W.W. Grainger, Inc.
- Werner Co.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
IV. COMPETITION
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/8nqow2
