Japan Fall Protection Market Size & Outlook, 2023-2030
Japan fall protection market, 2018-2030 (US$M)
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Japan fall protection market highlights
- The Japan fall protection market generated a revenue of USD 69.3 million in 2023 and is expected to reach USD 112.5 million by 2030.
- The Japan market is expected to grow at a CAGR of 7.2% 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 69.3 million |
| Market revenue in 2030 | USD 112.5 million |
| Growth rate | 7.2% (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, Japan accounted for 2.4% 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 |
|---|
Japan 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% in 2023. Horizon Databook has segmented the Japan fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Japan is experiencing notable expansion, illustrated by initiatives like the Niseko hotel project in Hokkaido by property developer Double Dragon Corp., which commenced in the third quarter of 2023 as part of their global expansion. Anticipated for completion in 2025, this project entails constructing a six-story hotel on a 1.17-hectare site, involving elevated construction activities.
Furthermore, substantial investments by the Japanese government in public infrastructure ventures, including the Maglev train, are foreseen as catalysts for the increased demand in the fall protection system market. Moreover, Japan falls in the Ring of Fire zone (earthquake-prone areas).
Due to this, a special type of engineering is required to build any kind of structure. Advanced composite roofing is used to improve the strength of structure. To undertake the installation of such roofing, workers are required to reach the rooftops and complete work at elevated heights.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Japan fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan fall protection market size, by type, 2018-2030 (US$M)
Japan Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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