Published on : Dec 12, 2017
Albany, New York, December 12, 2017: Every day, thousands of workers face potential death as they are not wearing or using protective equipment. One of the most vital equipment is for head protection. It has been analyzed that rising number of head injuries in various industries such as construction, mining, power line maintenance, etc., is driving the demand for head protection equipment. A new forecast study based on current trends and future market size in (US$ million), has been freshly broadcasted to the wide repository of Market Research Hub (MRH), with the title of “Head Protection Equipment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2026”. The report offers thorough insights into the factors driving and limiting the market growth, various trends and opportunities are also given, major advancements in technology and competition tracking is also delivered in the report.
Protective helmets are required when there is a risk of head injuries because of falling or fixed objects and electrical hazards. Manufacturers are increasingly investing in research and development activities to develop helmets with advanced wearable technology that increases efficiency and helps in reducing workplace injury. Now, these head protection equipment are equipped with sensors, hence along with ensuring safety and monitoring health conditions, these smart helmets are also helping in performing other activities such as collecting data, communicating, etc. Looking to these factors, analysts anticipate that the global head protection equipment market will gain moderate growth, expanding at 4.7% CAGR during the forecast period 2017-2026. The market is also estimated to bring in US$ 6,841.3 million revenue by the end of 2026. Also, sales of head protection equipment is likely to be maximum through direct (B2B) sales channel.
The global head protection equipment market is segmented on the basis of product type, application, sales channel, and region. For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, APEJ, North America, Middle East & Africa and Latin America. Of these, stringent regulations imposing the use of safety helmets across manufacturing sector in various countries in Europe is driving the growth of head protection equipment market in the region. Meanwhile, North America and APEJ are also likely to witness growth during 2017-2026.
Moreover, the report clearly finds that among major product types available in the market, Class B helmet is likely to emerge as one of the top-selling products in the global market for head protection equipment. On the other hand, head protection equipment is likely to find the largest application in the manufacturing sector.
Later, porters five force analysis, SWOT analysis, and market attractiveness analysis are also provided in the report.
Moving further, the report offers a detailed profile of some of the leading market players in the global head protection equipment market such as Centurion Safety EU, Lakeland Industries, Inc., Honeywell International Inc., 3M, E. I. du Pont de Nemours and Company, Bullard, MSA, Uvex Group, Pinnacle Protection Enterprises and Cintas Corporation.
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