Novel Applications Drive Growth of Confined Space Personal Protective Equipment
New product development driven by stringent regulations and increased workplace hazards
This research service covers the research and analysis for the Global Confined-Space Personal Protective Equipment (PPE) Growth Opportunities. Increasing need for protection against hazards and implementation of stringent safety norms in confined spaces are expected to Increase demand of PPE used in confined spaces in the next 2–3 years. Innovative technology to make confined spaces safer by protecting workers from hazards is expected to gain prevalence in the coming years.
Among end-user verticals, utilities and wastewater treatment and agricultural products and services are the 2 largest segments, with a revenue share of 16.2% and 15.1%, respectively, followed by manufacturing at 7.2% and electrical and electronic equipment at 6.8% in 2020. Stringent implementation of regulatory norms and growing end-user awareness about hazards in confined spaces will drive market growth.
Fall protection is the largest product segment, accounting for 26.4% of market revenue share in 2020, followed by above-the-neck protection at 14.8% and gas detection at 10.4%. The increasing occurrence of accidents related to the collapse and engulfment of confined spaces will drive demand for fall protection PPE.
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