New York, NY -- (SBWIRE) -- 04/12/2019 -- The Fall Protection Market is forecasted to grow from USD 2.14 billion in 2018 to USD 3.48 billion by 2026, at a CAGR of 6.1%, during the forecast period. Increasing demand for labour safety is the major driving factor of the market.

Rise in demand for fall protection equipment's to drive market growth for recreational activities. One of the key drivers of the market for fall protection is the construction, industrial and utility sectors. Using fall protection equipment in these activities ensures that amateurs and professional participants are safe and protected.

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The major players covered in this Fall Protection market report are 3M Company (US), Honeywell International Inc. (US), MSA Safety Inc. (US), GF Protection Inc. (US), Skylotec GmbH (Germany), Kee Safety, Inc. (UK), Werner Co. (US), W.W. Grainger, Inc. (US), Total Access (UK), and FallTech (US)

The sale of low-cost and low-quality products accompanied by a lack of consumer awareness is likely to hamper the demand of the market. Furthermore, non-compliance by the industrial participants with different regulations and standards is the main restraining factors faced by the manufacturers for the industry. Regulatory bodies, however, require employers to provide each employee with a training program that may be exposed to falling hazards.

Knowing the trends influencing the Fall Protection industry performance
Stakeholders, marketing executives and business owners planning to refer Fall Protection market research report can use this study to design their offerings and understand how competitors attract their potential customers and manage their supply and distribution channels. When tracking the trends researchers have made a conscious effort to analyze and interpret the consumer behaviour. Besides, the research helps product owners to understand the changes in culture, target market as well as brands so they can draw the attention of the potential customers more effectively.

Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.

Market split by type, can be divided into:
- Hard goods
- Soft goods
- Access system
- Rescue kit
- Services

Market split by End-Users, can be divided into:
- Construction
- Oil & gas
- Mining
- General industry
- Transportation

Market split by Distribution, can be divided into:
- Direct
- Indirect

Geographically, this Fall Protection market report studies the top producers and consumers in these key regions:
- North America
- Europe
- China
- Japan
- Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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Further key findings from the report suggest:
- The Fall Protection Market is forecasted to grow from USD 2.14 billion in 2018 to USD 3.48 billion by 2026, at a CAGR of 6.1%, during the forecast period. Increasing demand for labour safety is the major driving factor of the market.
- The market for access system is estimated to grow at the highest CAGR of 8.3% during the forecast period. Due to the increase in demand for fall protective equipment used in confined spaces, the access system segment is projected to witness the highest growth during the forecast period. Access systems include products used in confined space and tripods in tanks, vessels, sewers, and other applications.
- Based on end-users, the market for construction segment is estimated to have the largest market share at USD 1.02 Billion in 2026, at a CAGR of 7.0%, during the forecast period. Mandatory regulations by governments of various countries around the globe, in regards to the use of equipment to lower the number of accidents during construction activities, are expected to drive the growth of this segment.
- APAC is estimated to reach USD 1.02 Billion in 2026, at a CAGR of 6.9% during the forecast period. China's growth is driven by its large manufacturing and building sectors that create demand for both general and personal fall protection systems. The market in India is estimated to be the fastest growing in the APAC, due to factors such as large populations, a fast developing economy, particularly in the construction sector.

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Key Points from TOC:
Chapter 10. Company Profiles
10.1. Honeywell International Inc.
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Type Insights
10.1.4. Strategic Initiatives
10.2. 3M Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Type Insights
10.2.4. Strategic Initiatives
10.3. MSA Safety Inc.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Type Insights
10.3.4. Strategic Initiatives
Continued…

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