Norway Fall Protection Market Size & Outlook, 2023-2030
Norway fall protection market, 2018-2030 (US$M)
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Norway fall protection market highlights
- The Norway fall protection market generated a revenue of USD 13.5 million in 2023 and is expected to reach USD 19.9 million by 2030.
- The Norway market is expected to grow at a CAGR of 5.7% 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 13.5 million |
| Market revenue in 2030 | USD 19.9 million |
| Growth rate | 5.7% (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, Norway accounted for 0.5% 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 |
|---|
Norway 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 58.52% in 2023. Horizon Databook has segmented the Norway fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The Norwegian government's initiative to promote offshore wind power is set to revolutionize the energy landscape. With a target to open areas for offshore wind power production generating 30 GW by 2040, the plan entails a substantial increase from the current two offshore wind turbines to approximately 1,500 turbines over the next 20 years.
This expansion in offshore wind power presents a substantial demand for fall protection equipment to ensure the safety of workers involved in construction, installation, and maintenance activities. As the offshore wind industry flourishes, the need for effective fall protection solutions is expected to escalate in tandem with the growth of this sector.
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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 Norway fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Norway fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway fall protection market size, by type, 2018-2030 (US$M)
Norway Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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