Belgium Fall Protection Market Size & Outlook, 2023-2030
Belgium fall protection market, 2018-2030 (US$M)
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Belgium fall protection market highlights
- The Belgium fall protection market generated a revenue of USD 19.1 million in 2023 and is expected to reach USD 26.4 million by 2030.
- The Belgium market is expected to grow at a CAGR of 4.7% 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 19.1 million |
| Market revenue in 2030 | USD 26.4 million |
| Growth rate | 4.7% (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, Belgium accounted for 0.7% 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 Europe, Germany fall protection market is projected to lead the regional market in terms of revenue in 2030.
- Ireland is the fastest growing regional market in Europe and is projected to reach USD 42.1 million by 2030.
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Fall Protection Market Scope
Fall Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Belgium 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 57.59% in 2023. Horizon Databook has segmented the Belgium fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The surge in costs of construction material, along with higher interest rates and declining wages, has temporarily slowed the growth of Belgium's construction sector. However, despite immediate concerns within this industry, the country's economic outlook remains stable in the medium to long term.
Belgium's recovery and resilience plan, which entails a significant investment of USD 5.75 billion by 2026 in diverse infrastructure projects like constructing energy islands, refurbishing social housing, and enhancing transportation networks, among others, is positioned to reinvigorate expansion in the construction sector.
Infrastructure projects, renovation activities, and maintenance operations necessitate reliable fall protection measures to ensure worker safety at elevated heights. This anticipated influx of investment is projected to have a positive impact on fall protection market.
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Our clientele includes a mix of fall protection market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Belgium fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Belgium fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Belgium fall protection market size, by type, 2018-2030 (US$M)
Belgium Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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