Friday 1 May 2015, Amsterdam
The report recognizes the following companies as the key players in the Global Fall Protection Equipment Market: ABS Safety GmbH, Capital Safety, Eurosafe Solutions BV, Gravitec Systems Inc., Guardian Fall Protection and Honeywell International Inc.
Other Prominent Vendors in the market are: 3M, Ahlsell, Ansell, B&B Tools, British Safety Services, Buckingham Manufacturing, Cresto, CSS Worksafe, Drägerwerk, Elk River, Evan Fall Protection, Fall Protection Solutions, Fall Safe, FallTech, Fecrogard, Gentex, Grolls, Heightsafe Systems, Karam, Klein Tools, Latchways, Magus International, Mantech Engineering, MSA Safety, NASCO Industries, P&P Safety, PBI Height Safety, PenSafe, Petzl, Roof Safety Solutions, RTC Fall Protection, Skylotec, Steadfast (Anglia), Super Safety Services, Survitec Group, Teufelberger, Total Access (UK), TRACTEL Group, Ultra Safe, Unicare Emergency Equipment, Usang, Wenaas, Werner and YOKE Industrial
The report said: “Product innovation and emphasis on fall protection training is the major trend that has been witnessed by the market in recent years. Manufacturers in the market are spending extensively on R&D to develop new and efficient products such as jetpacks for fall protection and advanced fall restraint systems to increase their market share.”
According to the report, the increase in demand for fall protection equipment from the Energy and Utilities sector because of the significant development in the global Oil and Gas sector in recent years, especially in the Nordic region, and the shale gas boom in the US and Canada is one of the major drivers of the market. The rapid growth of the Wind Energy sector and the increased use of fall protection equipment by this sector are also propelling the growth of the market.
Further, the report states that the non-compliance with fall protection equipment regulations and standards set up by government organizations across the world and by the players in the Industrial and Commercial sectors is the major challenge being faced by the fall protection equipment manufacturers in the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.