India Fall Protection Market Size & Outlook, 2023-2030
India fall protection market, 2018-2030 (US$M)
Related Markets
India fall protection market highlights
- The India fall protection market generated a revenue of USD 52.3 million in 2023 and is expected to reach USD 98.9 million by 2030.
- The India market is expected to grow at a CAGR of 9.5% 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 52.3 million |
| Market revenue in 2030 | USD 98.9 million |
| Growth rate | 9.5% (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, India accounted for 1.8% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Fall Protection Market Scope
Fall Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India 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 58.32% in 2023. Horizon Databook has segmented the India fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
India has been adopting high standards of occupational health and safety, to improve the awareness and mitigate the risk of accidental falls in manufacturing facilities. For example, according to the draft safety code for iron & steel industry (SC-02 safety Code), the employer needs to check the availability of PPE equipment, fall protection vests, fall arrester, and take measure to eliminate fall hazards.
Further, the code makes provisions to create awareness among all stakeholders such as employers, workers, supervisors, and other stakeholders to improve the safety of workers in various facilities. The Indian government has enacted laws specifically addressing the safety of mine workers, exemplified by the Ministry of Coal's Coal Mine Safety Regulation.
This legislation is designed to ensure compliance with occupational health and safety (OHS) standards. Notably, the law stipulates that site-specific risk assessment-based Safety Management Plans (SMPs), and Principal Hazards Management Plans (PHMPs) must be formulated and implemented in mines.
Reasons to subscribe to India fall protection market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India fall protection market databook
-
Our clientele includes a mix of fall protection market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India fall protection market , including forecasts for subscribers. This country databook contains high-level insights into India fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India fall protection market size, by type, 2018-2030 (US$M)
India Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
