Industry Background:
Safety helmets are majorly used to avoid accidents during industrial activities, mainly at construction sites. Safety helmets are used to protect workers at the working sites and to lowers the chance of injuries and accidents at construction, mining, and manufacturing sites. Safety helmets are known as the first line of defense against head injuries. It is the most useful personal protective equipment to wear, protecting the brain & head. Raised prevalence cases of head injuries at workplaces are responsible for to surge in the demand for safety helmets. According to the published article of U.S. BUREAU OF LABOR STATISTICS, IN 2018 Construction workers accounted for 1008 that is 47% of all fatal work injuries. Thus, the huge demand for safety helmets continues to rise. Geographically, North America dominated the market and witness moderate growth however, Asia-Pacific is expected to grow with a high growth rate over the forecast period. In Asia-Pacific, Governments like China and India are mandating the use of safety helmets to ensure employee safety. In addition, rising proactive measures are taken by various associations such as ASTM, and ISO are impacting positively on market growth
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Bullard (Kentucky), 3M (United States), JSP (United Kingdom), Drägerwerk AG & Co. KGaA (Germany), Schuberth GmbH(Germany), Pyramex (United States), Delta Plus Group (France), MSA (India), Honeywell International Inc. (United States), Polison Corporation (China), Uvex Group (Bavaria), Centurion Safety Products Ltd. (United Kingdom) and Concord Helmet & Safety Products Pvt. Ltd. (India) |
This growth is primarily driven by Rising demand for head safety owing to the increased number of daily basis head injuries incidents and Strict safety norms mandating the use of safety helmet at the workstation.
Globally, a noticeable market trend is evident Introduction of safety helmets with IoT technologies for construction sites Major Manufacturers, such as Bullard (Kentucky), 3M (United States), JSP (United Kingdom), Drägerwerk AG & Co. KGaA (Germany), Schuberth GmbH(Germany), Pyramex (United States), Delta Plus Group (France), MSA (India), Honeywell International Inc. (United States), Polison Corporation (China), Uvex Group (Bavaria), Centurion Safety Products Ltd. (United Kingdom) and Concord Helmet & Safety Products Pvt. Ltd. (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. There are various companies are operating in this industry and heavily conducting research on the characteristics of safety helmets and how to reduce the weight of safety helmets. There are various market players are entering this industry to capture market growth opportunities. The market leaders are investing in organic and non-organic strategic growth initiatives to become dominant in this industry.
Key Developments in the Market:
In January 2019, Roland Berger GmbH has introduced safety helmets with IoT technology. With this technological advancement, safety on construction sites has been increased with proper coordination.
Influencing Trend:
Introduction of safety helmets with IoT technologies for construction sites
Market Growth Drivers:
Rising demand for head safety owing to the increased number of daily basis head injuries incidents and Strict safety norms mandating the use of safety helmet at the workstation
Challenges:
Heavy Weight of helmets owing to other assemble accessories like goggles
Restraints:
low awareness in certain economies of Central and South America regarding employee’s safety during manufacturing, mining, and construction activities
Opportunities:
Surging industrialization in constriction industries and Strengthen government regulations for workplaces
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Construction Safety Helmets Market
- Analysis about New Entrants in Construction Safety Helmets Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Construction Safety Helmets Study Sheds Light on
The Construction Safety Helmets Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Construction Safety Helmets industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Construction Safety Helmets industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.