The global Fall Protection Market size is expected to reach USD 4,534.9 million by 2030, registering a CAGR of 7.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing fatalities along with the growing relevance of workplace safety and security, are expected to fuel industry expansion during the forecast period. As per the 2022 World Health Organization Report, falls constitute a significant public health issue, with 684,000 fatal incidents occurring annually. This makes falls the second-leading cause of unintentional injury-related deaths after road traffic injuries. As per the National Institute for Occupational Safety and Health (NIOSH) Construction Statistics, falls continue to be the primary cause of fatalities in the construction industry, which is one of the most hazardous industries in the U.S. In 2023, falls in the construction industry accounted for over one-third of all industry-related fatalities.
Each
year, over 300 workers experience fatal falls while doing their routine job
tasks, and this statistic has shown relative stability in the past decade.
Fatalities due to falls from heights constitute the primary cause of death in
the construction industry. Regardless of the distance involved, any work
conducted at elevated levels poses the risk of severe or fatal injuries in the
event of a fall. For instance, 3M Fall Protection is dedicated to providing
construction workers with the necessary equipment, training, knowledge, and
expertise, thus instilling confidence in them to execute their tasks safely and
effectively. These aforementioned factors are expected to augment the market
growth over the forecast period. Moreover, governments across the globe are
implementing and enforcing stringent safety regulations to ensure a secure
working environment.
A
pivotal initiative to raise fall prevention awareness is the National Safety
Stand-Down, an annual voluntary event coordinated by the Occupational Safety
and Health Administration (OSHA) and other safety organizations. Typically
occurring in May, this event brings together supervisors, employers, and
workers to increase their awareness about possible fall hazards in the construction
industry. During the Stand-Down, work is temporarily halted, and participants
engage in training sessions, discussions, and equipment inspections focused on
fall prevention. These activities are designed to educate workers to recognize
fall hazards and use appropriate safety equipment. OSHA has further mandated
that fall prevention measures are imperative for falls of six feet or more to
the ground or lower surfaces.
Examples
of such systems include guardrails and mid rails that are installed on scaffolds,
along the open edges of floors, around skylights, on scissor lifts, as covers
over floor openings, and in designated restricted zones during roofing
operations. These protective systems adhere to specific design requirements
outlined in OSHA standards for construction. For instance, guardrails must be
positioned between 39 and 45 inches above the walking and working surface and
must possess the capacity to withstand a force exceeding 200 pounds. Fall
protection equipment manufacturers are seeking collaborations, mergers &
acquisitions to develop advanced and innovative solutions.
Manufacturers
are also adopting several strategies, like product development and geographical
expansion, to enhance their market penetration and cater to end-use industries.
For instance, in January 2024, WenerCo introduced a groundbreaking fall
protection utility lifeline tailored for utility workers and linemen that
provides them with an elevated level of climbing security. This innovative
offering includes an anchor strap fall arrest system, which is specifically
designed to meet the unique safety requirements of professionals working on
utility poles or similar structures. With this product launch, WenerCo
demonstrates its commitment to advancing safety solutions for workers in
specialized industries, thereby offering a comprehensive and effective tool to
enhance fall protection in utility-related environments.
List of Key Players in Fall Protection Market
- FallTech
- Petzl
- SKYLOTEC
- WernerCo
- Guardian
Fall
- MSA
- Honeywell
International Inc.
- 3M
- Gravitec
Systems, Inc.
- Kee Safety
Inc
- French Creek
Production
- Safewaze
- Tritech Fall
Protection
- GISS
- Webb-Rite
Safety
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free sample copy or view report summary: Fall Protection Market Report
Fall Protection Market Report Highlights
- In 2023, the
individual protection segment dominated the market with a share of over
58.5%. Individual protection is the prevention of adverse outcomes from
hazardous events that may take place during construction work. Lifelines,
anchorage points, personal protective equipment, harnesses, lanyards,
self-retracting lifelines, personal fall limiters, fall arresters, lanyard
positioning devices, and body belts are all considered under the
individual protection category
- Access fall
protection equipment is a comprehensive safety measure designed to prevent
falls from elevated surfaces in various work environments. These equipment
are crucial for protecting workers who operate at heights, such as
rooftops, facades, ladders, or elevated platforms
- The
manufacturing end-use segment is expected to register the highest CAGR
from 2024 to 2030. There is a growing awareness within the manufacturing
sector about the importance of adhering to safety standards. Manufacturers
are recognizing the need for robust fall protection solutions to mitigate
the risks associated with working at heights, leading to a higher product
adoption
- The
construction industry is experiencing substantial growth globally, driven
by urbanization, infrastructure development, and population expansion.
Moreover, there is a growing awareness in the construction industry about
the occupational hazards associated with working at heights. Employers and
workers are recognizing the need for comprehensive fall protection measures
to mitigate the risks posed by elevated work environments. This is
expected to propel the demand for advanced & effective fall protection
solutions
- In March
2023, Petzl unveiled the ASAP & ASAP LOCK kits, which act as
convenient solutions that are pre-equipped with connectors, mobile fall
arresters, and energy absorbers. These kits are hassle-free, ready-to-use
personal fall arrest systems that comply with OSHA fall protection
regulations and adhere to the ANSI Z359.15 standard. When paired with RAY
11 lifelines, available with or without a sewn termination (sold
separately), these kits act as comprehensive and reliable fall protection
solutions
Fall Protection Market Segmentation
Grand
View Research has segmented the global fall protection market on the basis of
type, end-use, and region:
Fall Protection Type Outlook (Revenue, USD Million, 2018
- 2030)
- Individual
Protection
- Collective
Protection
- Access
Equipment
Fall Protection End-use Outlook (Revenue, USD Million,
2018 - 2030)
- Construction
- Manufacturing
- Oil &
Gas
- Chemicals
- Food
- Pharmaceuticals
- Healthcare
- Transportation
- Mining
- Others
Fall Protection Regional Outlook (Revenue, USD Million,
2018 - 2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Sweden
- Denmark
- Norway
- Poland
- The
Netherlands
- Belgium
- Switzerland
- Austria
- Portugal
- Ireland
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Central
& South America
- Brazil
- Argentina
- Middle East
& Africa
- Saudi
Arabia
- UAE
- South
Africa
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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