UAE Fall Protection Market Size & Outlook, 2023-2030
UAE fall protection market, 2018-2030 (US$M)
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UAE fall protection market highlights
- The UAE fall protection market generated a revenue of USD 60.4 million in 2023 and is expected to reach USD 98.9 million by 2030.
- The UAE market is expected to grow at a CAGR of 7.3% 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 60.4 million |
| Market revenue in 2030 | USD 98.9 million |
| Growth rate | 7.3% (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, UAE accounted for 2.1% 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 |
|---|
UAE 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 57.28% in 2023. Horizon Databook has segmented the UAE fall protection market based on individual protection, collective protection, access equipment covering the revenue growth of each sub-segment from 2018 to 2030.
In November 2023, Masdar and Emirates Steel Alkan started developing the first green hydrogen project in the Middle East and North Africa region. It is located at Emirates Steel Arkan's manufacturing facility in Abu Dhabi. Hence with the growth in infrastructure sector, the demand for fall protection system is likely to remain high over the forecast period.
Moreover, in November 2023, the International Trade Administration reported that the U.A.E. is among the world’s largest oil producers and produces an average of 3.2 million barrels of petroleum and liquids every day.
In February 2022, Abu Dhabi National Oil Company (ADNOC) announced the discovery of more than 80 trillion cubic feet of gas resources. As fall protection systems are important in oil & gas operations to ensure safe working conditions, with the growth in this industry, the demand for fall protection systems is likely to remain high in the U.A.E.
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Our clientele includes a mix of fall protection market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 UAE fall protection market , including forecasts for subscribers. This country databook contains high-level insights into UAE fall protection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE fall protection market size, by type, 2018-2030 (US$M)
UAE Fall Protection Market Outlook Share, 2023 & 2030 (US$M)
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