Fall Protection Equipment Market 2020-2024 | Introduction of IoT and Asset Tracking Features to Boost Growth | Technavio

Technavio has been monitoring the fall protection equipment market and it is poised to grow by USD 974.1 million during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Fall Protection Equipment Market 2020-2024 (Graphic: Business Wire)

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Adolf Würth GmbH & Co. KG, Bergman & Beving AB, Carl Stahl GmbH, FallTech, Honeywell International Inc., MSA Safety Inc., Petzl, Pure Safety Group, and Werner Co. are some of the major market participants. The introduction of IoT and asset tracking features will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Introduction of IoT and asset tracking features has been instrumental in driving the growth of the market.

Fall Protection Equipment Market 2020-2024: Segmentation

Fall Protection Equipment Market is segmented as below:

• Product
  • Anchors and Connectors
  • Bodywear
  • Devices
  • Others
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Fall Protection Equipment Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our fall protection equipment market report covers the following areas:

• Fall Protection Equipment Market Size
• Fall Protection Equipment Market Trends
• Fall Protection Equipment Market Industry Analysis

This study identifies increasing demand for fall protection equipment from the construction industry as one of the prime reasons driving the fall protection equipment market growth during the next few years.

Fall Protection Equipment Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the fall protection equipment market, including some of the vendors such as 3M Co., Adolf Würth GmbH & Co. KG, Bergman & Beving AB, Carl Stahl GmbH, FallTech, Honeywell International Inc., MSA Safety Inc., Petzl, Pure Safety Group, and Werner Co. Backed with competitive intelligence and benchmarking, our research reports on the fall protection equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Fall Protection Equipment Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist fall protection equipment market growth during the next five years
• Estimation of the fall protection equipment market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the fall protection equipment market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of fall protection equipment market vendors

Table Of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Anchors and connectors - Market size and forecast 2019-2024
• Bodywear - Market size and forecast 2019-2024
• Devices - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Customer Landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 3M Co.
• Adolf Würth GmbH & Co. KG
• Bergman & Beving AB
• Carl Stahl GmbH
• FallTech
• Honeywell International Inc.
• MSA Safety, Inc.
• Petzl
• Pure Safety Group
• Werner Co.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200707005734/en/