According to our latest market study on "Electrical Protective Equipment Market to 2027 - COVID-19 Impact and Global Analysis and Forecast by Product (Insulated Tools, Face and Eye Protection, Respiratory Protection, Protective Apparels, Head Protection, and Others); End User (Manufacturing, Construction, Oil and Gas, Healthcare, Transportation, and Others), and Geography," the market was valued at 12,890.2 Mn in 2019 and is projected to reach 15,658.6 Mn by 2027; it is expected to grow at a CAGR of 2.6% from 2019 to 2027. The report highlights the key factors driving the market growth, and prominent players and their developments in the market.
The extreme regulatory agenda regarding specialist safety principally in created nations propels the demand for electrical protective equipment. Also, the growing adoption of OSHA-regulated products to lessen the impact of injurious openings is the crucial factor in supporting the market growth. Further, OSHA coordinates the utilization of choosing the right protective gear. The increasing concerns regarding the safety of laborers has potentially flooded the demand for various electrical protective equipment, mainly face and eye protection equipment, which includes surgical masks, face safeguards, protective goggles, and respirators. While working on empowered parts, there exist a possibility of the generation of electric arcs; in this manner, the specialists should be protected with nonconductive, durable, and heat-resistant electrical protective equipment that offer deflection qualities.
Growth in the adoption of face and eye protection is creating significant opportunities for electrical protective equipment providers. The market for face and eye protection equipment is expected to reach US$ 4,269.84 million by 2027 Face and eye protection can be achieved by wearing eyewear, specially intended to mitigate the risk of openness to chemical splashes or laser radiation. The high growth of the market for face and eye protection is expected to create significant global demand for electrical protective equipment.
3M, Alpha Pro Tech, Ansell Ltd., Cintas Corporation, Delta Plus Group, Honeywell International Inc., Lakeland Inc., MSA, NSA-National Safety Apparel, and Mallcom (India) Ltd., are among the leading players operating in the electrical protective equipment market. Several other players are also functioning and are contributing significant incomes to the market.
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COVID-19 Impact on Electrical Protective Equipment Market
According to the World Health Organization (WHO) report, the US, Spain, Italy, France, Germany, the UK, Turkey, Iran, China, and Russia are a portion of the most obviously terrible affected nations by the COVID-19 outbreak. The COVID-19 crisis is affecting the industries around the world, and the global economy is anticipated to take a most horrendously terrible hit in 2020, as well as in 2021. The outbreak has primarily created significant disruptions in industries like consumer electronics, semiconductor, automotive, and IT infrastructure. All these industries are crucial for the growth of global electrical protective equipment market as they contribute a major share to the total demand for electrical protective equipment. The factory closures, travel bans, trade bans, and line lockdowns to combat and contain the transmission have impacted both manufacturing and sales of various products. The global manufacturing industry is one of the major industries that is suffering significant disruptions because of production network issues and manufacturing closures.
The report segments the global electrical protective equipment market as follows:
By Product
- Insulated Tools
- Face and Eye Protection
- Respiratory Protection
- Protective Apparels
- Head Protection
- Others
By End-user
- Manufacturing
- Construction
- Oil & Gas
- Healthcare
- Transportation
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM
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