Australia Fall Protection Market Size & Outlook, 2023-2030
Australia fall protection market, 2018-2030 (US$M)
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Australia fall protection market highlights
- The Australia fall protection market generated a revenue of USD 47.6 million in 2023 and is expected to reach USD 74.4 million by 2030.
- The Australia market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, individual protection was the largest revenue generating type in 2023.
- Collective Protection is the most lucrative type segment registering the fastest growth during the forecast period.
Fall protection market data book summary
| Market revenue in 2023 | USD 47.6 million |
| Market revenue in 2030 | USD 74.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Individual protection |
| Fastest growing segment | Collective Protection |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Individual Protection, Collective Protection, Access Equipment |
| Key market players worldwide | Werner Enterprises Inc, MSA Safety Inc, Honeywell International Inc, 3M Co, Giss, FallTech, Petzl, Skylotec, Guardian Fall, Gravitec Systems, Kee Safety, French Creek Production, SafeWaze, Tritech Fall Protection Systems |
Other key industry trends
- In terms of revenue, Australia accounted for 1.7% of the global fall protection market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China fall protection market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 98.9 million by 2030.
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Fall Protection Market Scope
Fall Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Australia fall protection market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fall protection market will help companies and investors design strategic landscapes.
Individual protection was the largest segment with a revenue share of 58.82% in 2023. Horizon Databook has segmented the Australia fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Fall protection systems are used in underground mines to protect workers from accidental falls, thereby maintaining a safe work environment. In December 2023, the Australian department of industry Science & resources reported that, Australia’s resources & energy exports reached to a record of USD 408 billion and 28 new energy resource projects were added in 2022.
The Mines Safety and Protection Act 1994 imposes a general duty of care provisions to maintain safe and healthy workplaces in mining operations to protect workers from accidents As the mining operations in Australia is witnessing significant growth, the demand for fall protection systems is likely to grow in the coming years.
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Our clientele includes a mix of fall protection market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Australia fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia fall protection market size, by type, 2018-2030 (US$M)
Australia Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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