Asia-Pacific Fall Protection Market By Type (Product, Services), Industry (Mining, Construction, Oil & Gas, Energy & Utilities, Telecommunication, Agriculture, Transportation, Marine and Shipbuilding, and Others), Country (Japan, China, South Korea, India, Australia & New Zeeland, Singapore, Thailand, Indonesia, Malaysia, Philippines, and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
The Asia-Pacific fall protection market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 9.1% in the forecast period of 2021 to 2028 and expected to reach USD 1,985,827.73 thousand by 2028.
Fall protections are used to prevent fall from height when the workers are working at height of above 6 feet. A variety of materials such as harness, anchors, lanyards, lifelines, fall arrest, rope, and rescue kits among others are used for fall protection in various industries such as mining, construction, oil & gas, energy & utilities, transportation, marine and shipbuilding, and others. Growing demand for fall protection items in construction and mining industries is acting as a key driver for the market growth. However, the declining rate of tourism and sports industries during COVID-19 pandemic acting as restrain for market growth.
This fall protection market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific fall protection market is segmented into two notable segments on the basis of type, industry.
- On the basis of by type, the fall protection market is segmented into product and services. In 2021, the product segment is expected to dominate the market due to increased usage of product segment in agriculture and mining sectors.
- On the basis of industry, the fall protection market is segmented into mining, construction, oil & gas, energy & utilities, telecommunication, agriculture, transportation, marine and shipbuilding, and others. In 2021, the construction segment is expected to dominate the market, due to urbanization and increased usage of fall protection equipment in construction industry.
Fall Protection Market Country Level Analysis
Asia-Pacific market is analysed and market size information is provided by country, type and industry.
The countries covered in Asia-Pacific fall protection market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand and rest of Asia-Pacific.
- In Asia-Pacific fall protection market, China is dominating the market due to high demand of fall protection products in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Fall Protection Industry
Asia-Pacific fall protection market also provides you with detailed market analysis for every country growth in installed base of different kind of products for fall protection market, impact of technology using life line curves and changes in infant formula regulatory scenarios and their impact on the fall protection market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Fall Protection Market Share Analysis
Asia-Pacific fall protection market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to Asia-Pacific fall protection market.
The major players covered in the report are 3M, Honeywell International Inc, MSA, SKYLOTEC, Kee Safety, Inc, Carl Stahl Hebetechnik GmbH, Adolf Wurth GmbH & Co. KG, Petzl and W.W. Grainger Inc
DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In October 2020, Honeywell International Inc announced miller H500 series that combines ergonomics and comfort initiative safety features to provide workers with more confidence when working at height.