Outlook on the $7.5 Billion Safety Helmets Global Market to 2027 - Featuring Delta Plus, Bullard, Honeywell International, 3M and Polison Among Others - ResearchAndMarkets.com
Outlook on the $7.5 Billion Safety Helmets Global Market to 2027 - Featuring Delta Plus, Bullard, Honeywell International, 3M and Polison Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Safety Helmets Market Size, Trends & Growth Opportunity, By Product, By Materials, By End-user By Region and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global Safety Helmets market was valued at USD 4.2 billion in 2021 which expected to reach USD 7.5 billion by 2027 at a CAGR 7.72 % from 2021-2027.
Companies Mentioned
- Delta Plus Group
- Bullard
- Honeywell International Inc.
- 3M
- Polison Corp.
- Dragerwerk AG & Co. KGaA
- Uvex Group
- Centurion Safety Products Ltd
- Schuberth GmbH
Safety has always been an issue throughout industrial activity, particularly on building sites. The better the employees are protected, the lesser the likelihood of injuries and accidents on construction sites. The head is the only organ in the human body that is completely enclosed within a bone. This emphasizes the need of safeguarding the human body's most crucial organ, the brain. Helmets or hard hats are the first line of defence against such head injuries. Safety helmets are one of the most important pieces of personal protective equipment to wear because they protect the brain and head from impact harm.
Market Dynamics
The rising incidence of brain injuries in different industries, including as construction, mining, and manufacturing, has increased worker safety awareness, as have regulatory limits, which are projected to support industry growth throughout the forecast period. The pandemic has also prompted safety helmet producers to consider technology as a potential industry driver. PE helmets are expected to lead the industry because to increased product adoption in numerous end-user sectors such as welding, mining, chemical, and construction.
The lack of use of safety helmets in various end-user industries such as manufacturing, mining, and construction operations, combined with a lack of responsiveness to employee safety, has resulted in significant head injuries throughout South and Central America. This is expected to boost product demand in the region throughout the projection period. Growing industrialization in a number of emerging economies is predicted to boost product demand throughout the forecast period. The increased relevance of workplace safety to avoid head injuries is expected to stimulate product demand.
Impact of COVID-19
COVID-19's effects on the Safety Helmets market and consumer demand have a negative overall impact on the helmets industry. Because the majority of helmet manufacturers and raw material suppliers are based in Europe, it is expected that laser manufacturing will decline faster than expected in the short term. Because of the pandemic, component supplies have been disrupted, resulting in a limited supply of helmet.
Market Segmentation
By Product
- Hard Hats
- Bump Caps
By Materials
- Polyethylene
- Acrylonitrile Butadiene Styrene
- Polycarbonate
By End-user
- Construction
- Manufacturing
- Mining
- Others
By Region
- North America
- Latin America
- Europe
- China
- Asia Pacific
- Middle East & Africa
Key Questions Addressed by the Report
- What are the Key Opportunities in Global Safety Helmets Market?
- What will be the growth rate from 2020 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
For more information about this report visit https://www.researchandmarkets.com/r/ex8b3k
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