South Africa Fall Protection Market Size & Outlook
South Africa fall protection market, 2018-2030 (US$M)
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South Africa fall protection market highlights
- The South Africa fall protection market generated a revenue of USD 98.7 million in 2023 and is expected to reach USD 165.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.7% 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 98.7 million |
| Market revenue in 2030 | USD 165.5 million |
| Growth rate | 7.7% (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, South Africa accounted for 3.5% 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 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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South Africa 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 58.16% in 2023. Horizon Databook has segmented the South Africa fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
In the event of a fall, a fall protection system with shock-absorbing components is used to reduce the impact force on the worker, thereby minimizing the risk of severe injuries and fatalities. In high-depth mines, the fall protection system ensures worker and equipment safety against accidents such as falling in open pits.
South Africa has a highly developed mining industry, which involves coal, gold, platinum group metals (PGMs), iron ore, and diamond mining. The mining industry constitutes a significant percentage of the overall exports to South Africa.
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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 South Africa fall protection market , including forecasts for subscribers. This country databook contains high-level insights into South Africa fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa fall protection market size, by type, 2018-2030 (US$M)
South Africa Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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