Global revenue of Fall Protection Equipments market is expected to reach USD 4001.80 M USD in 2022

Global revenue of Fall Protection Equipments market is expected to reach USD 4001.80 M USD in 2022 Custom Research｜Research Report｜Management Consulting｜Seminar｜Database

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Fall protection equipment is the equipment planned for a worker who could lose his or her balance at height, in order to control or eliminate injury potential.

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The global revenue of Fall Protection Equipments market was valued at 2463.34 M USD in 2016 and is expected to reach USD 4001.80 M USD in 2022. In the future five years, we predict the CAGR of global revenue is 7.18%.

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United States has the largest global export quantity and manufacturers in Fall Protection Equipments market, while the Europe is the second sales volume market for Fall Protection Equipments in 2016.

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In the industry, 3M profits most in 2016 and recent years, while MSA and Petzl ranked 2 and 3.The market share of them is 19.70%, 3.73% and 2.26% in 2016.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are five mainly types of Fall Protection Equipments, including Harness, Lanyard, Self Retracting Lifeline, Belt and Others.

And Harness is the main type for Fall Protection Equipments, and the Harness reached a sales volume of approximately 876.45 M USD in 2016, with 35.58% of global sales value.

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Fall Protection Equipments technology is much mature now, and new enterprises can not surpass existing famous brands on reputation or design in the short term. So, the study group recommends the new entrants need to be considered carefully before enter into this field.

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