Saudi Arabia Fall Protection Market Size & Outlook
Saudi Arabia fall protection market, 2018-2030 (US$M)
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Saudi Arabia fall protection market highlights
- The Saudi Arabia fall protection market generated a revenue of USD 29.2 million in 2023 and is expected to reach USD 43.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 5.9% 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 29.2 million |
| Market revenue in 2030 | USD 43.5 million |
| Growth rate | 5.9% (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, Saudi Arabia accounted for 1.0% 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 Middle East & Africa, South Africa fall protection market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 165.5 million by 2030.
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Fall Protection Market Scope
Fall Protection Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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 59.25% in 2023. Horizon Databook has segmented the Saudi Arabia fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Work at construction sites and oil & gas refineries is inherently risky due to elevated work areas, scaffolding, roofs, platforms, and moisture presence. While undertaking the construction of skyscrapers, fall protection systems act as a preventive barrier and reduce the chances of accidents.
Saudi Arabia has been investing heavily in infrastructure projects like King Salman Energy Park, Red Sea, AMAALA, NEOM, and others. In November 2023, Saudi Arabia’s mega project NEOM proclaimed to upscale the coastal destination in northwest Saudi Arabia by unveiling two futuristic skyscrapers with approximate heights of 225 meters and 275 meters, housing a premium of 41 hotels, 14 suites, and apartments.
In addition, the Saudi Arabian government has been focusing on its Vision 2030, putting emphasis on the construction of airports, hospitals, and universities. This has created a strong demand for the fall protection market in Saudi Arabia.
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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 Saudi Arabia fall protection market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia fall protection market size, by type, 2018-2030 (US$M)
Saudi Arabia Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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