MRO Magazine

Technavio Publishes Global Fall Protection Equipment Market Analysis and Forecast 2015-2019


March 25, 2015
By Business Wire News

LONDON

The Global Fall Protection Equipment Market is expected to grow at a CAGR of 5.95 percent from 2015-2019, according to a new report from research firm Technavio.

About the Report

The energy and utilities sectors have become the major consumer of fall protection equipment in recent years. The significant development of the oil and gas sector in Nordic regions and the shale gas boom in North America have also increased the demand for this equipment.

“Fall protection equipment is increasingly becoming an integral part of safety and protection equipment in the energy sector, and specifically in wind energy because of the elevated heights of wind towers along with the unavailability or longer reach times of rescue crews,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also emphasizes product innovation and fall protection training. Manufacturers are spending extensively on R&D to develop new and efficient products to reduce their overall operating costs and increase their market share.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and the growth prospects of the Global Fall Protection Equipment Market from 2015-2019. To calculate the market size, the report considers revenue generated from sales of fall protection equipment in various industries along with revenue generated from fall protection training for employees.

Key Information Covered in the Report:

  • Key Vendors:
    • ABS Safety GmbH
    • Capital Safety
    • Eurosafe Solutions BV
    • 3M
    • Ahlsell
    • Ansell
  • Market Growth Drivers:
    • Increased Demand from Energy and Utilities Sector
    • For a full detailed list, view our report.
  • Market Challenges:
    • Non-compliance with Regulations and Standards
    • For a full detailed list, view our report.
  • Market Trends:
    • Product Innovation and Emphasis on Fall Protection Training
    • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 200+ reports on the equipment market:

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jes Ellacott
US: +1-630-333-9501
UK: +44 208 123 1770
Media & Marketing Executive
www.technavio.com
media@technavio.com