Global Dielectric Shoes Market Overview:
Dielectric boots are used when there is a risk of electric shock from high voltages. This is an electrically insulating boot with a steel toe cap and vulcanised rubber sole. A high voltage electric current might stop the heart or inflict deadly burns if you don't have the correct PPE. Because current can jump vast distances, especially in wet or damp circumstances, dielectric boots are worn when working on live power or in close proximity to live power. Even after high voltage equipment has been turned off, there may be a residual charge on the equipment that could cause an injury. There have also been fatalities caused by digging in areas where power cables are buried underground and the cable was inadvertently cut by a drill, shovel, or mole.
As per latest study released by AMA Research, the Global Dielectric Shoes market is expected to see growth rate of 3.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase in Incidence of Musculoskeletal Diseases
Market Growth Drivers:
Increasing Concerns Towards Worker’s Safety Along with Stringent Legislations and Rising Demand for Electrical Safety Footwear
Challenges:
Fluctuations in Supply and Demand Share Due to Enforcement of Stringent Lockdown Measures
Restraints:
High Cost of Dielectric Shoes and Availability of Low-Cost Counterfeit Products
Opportunities:
Rising Opportunities in Emerging Economies and Rising Awareness of Poor Quality Safety Footwear
Competitive Landscape:
The demand for Dielectric Shoes is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are Honeywell (United States), Thermo Fisher Scientific (United States), Skellerup (New Zealand), Thorne & Derrick (United Kingdom), Bekina Boots (Belgium), Dunlop Boots (Maryland), Raychem RPG (India), G.B. Industries Sdn. Bhd. (Malaysia) and Giasco Srl (Italy). Additionally, following companies can also be profiled that are part of our coverage like Respirex International (United Kingdom), Cementex Products, Inc (United States) and Rock Fall (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Dielectric Shoes market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Online {Company Website, E-Commerce Site} will boost the Dielectric Shoes market. Considering Market by Size, the sub-segment i.e. 5-10 will boost the Dielectric Shoes market. Considering Market by Working Voltage, the sub-segment i.e. Upto 10KV will boost the Dielectric Shoes market. Considering Market by Material, the sub-segment i.e. Ozone-Resistant Rubber will boost the Dielectric Shoes market.
Latest Market Insights:
In June 2021, Honeywell launched the Electrigrip™ dielectric boots, which provide primary protection for voltages up to 20kV combined with comfort, flexibility, and performance.
In January 2019, Respirex launched HV3 electrically insulating class 3 Dielectric Boots to provide protection against high voltage hazards.
What Can be Explored with the Dielectric Shoes Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Dielectric Shoes Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Dielectric Shoes
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Dielectric Shoes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Dielectric Shoes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers, Shoes Traders/Distributors, Industrial Sector and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.