The global safety helmet market size is expected to reach USD 2.7 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.0% over the forecast period. Rising awareness among employees pertaining to the advantages of using safety helmets to avoid occupational hazards is expected to drive the market.
Introduction
of stringent safety norms mandating the use of various Personal Protective
Equipment (PPE) such as safety helmets, protective footwear, respirators, and
gloves are expected to propel market growth. Furthermore, surging incidences of
head injuries at workplaces is anticipated to augment product penetration
across the end-use industries.
Changing
consumer preference for the helmets that combines fashion and protection is
likely to propel market growth in the European economies such as Germany,
France, and the U.K. Furthermore, technological advancements in terms of
additional product attributes such as a built-in torch, face shields, and ear
protection are anticipated to augment market growth.
Increasing
demand for different types of PPE in various application industries including
manufacturing, construction, and mining is projected to positively impact the
market over the coming years. Augmenting demand for industrial safety helmets
coupled with technological advancement is anticipated to provide ample
opportunities for the market.
Full Research Report On Safety Helmet Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/safety-helmet-market
Safety Helmet
Market Report Highlights
- The demand
for PE head protection is anticipated to witness a CAGR of 5.0% from 2020
to 2027, on account of the superior tensile strength offered by the
material to the product that is exposed to various workplace accidents
- In North
America, the market was valued at USD 617.5 million in 2019 on account of
the increasing number of large-scale infrastructure investment projects in
the U.S. coupled with growing employee awareness regarding personal
protection
- The demand
for type II hard hats is estimated to witness a growth of 5.4% in terms of
revenue over the forecast period owing to the enhanced head protection
offered to the workers operating in challenging environments
- The adoption
of safety helmets in the construction industry is estimated to witness a
CAGR of 5.2% from 2020 to 2027 owing to the propelling construction
activities and infrastructural developments in Central and South America
and Asia Pacific
- The key
manufacturers in the market are engaged in partnering with other market
players to gain a competitive advantage by catering to a larger customer
base in various emerging economies.
Request a Sample Copy of the Report @
https://www.grandviewresearch.com/industry-analysis/safety-helmet-market/request/rs1
About Grand View Research
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, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
No comments:
Post a Comment