Market revenue in 2023 | USD 728.9 million |
Market revenue in 2030 | USD 1,092.6 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Individual protection |
Fastest growing segment | Collective Protection |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 60.27% in 2023. Horizon Databook has segmented the Europe fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Passive fall protection systems are generally used in mega construction projects as there is a requirement to cover large workspaces to ensure the safety of workers. In infrastructure development projects, these systems are used to avoid mishaps and mitigate the risks associated with working near high-depth openings and at heights.
Fall protection systems such as physical barriers and guardrails are placed around the unprotected edges and deep hole areas to prevent accidents. The increase in the number of infrastructure development projects in Europe can be attributed to the surged spending on these projects and the increased focus on sustainability and technological achievements.
For the past two years, construction works related to different mega projects have been initiated in different countries of the region. For instance, the construction work related to the Baltic Power Offshore Wind Farm project started in the third quarter of 2023.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe fall protection market , including forecasts for subscribers. This continent databook contains high-level insights into Europe fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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