The global demand for Safety Helmet Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A safety helmet is unique and innovative head protection equipment used for demanding working conditions. It is used by workers in the construction and mining industries to protect their heads from falling objects, impact, burns, and electrical hazards. The helmet can absorb impact energy and can resist water, fire, and perforation. They are manufactured using different materials and are adjustable. The type of helmet used depends mainly on the work environment. Wearing a safety helmet is mandatory for specific industries. It is gaining prominence among forest workers and in the power sector.
Rapid growth in the construction, mining, and manufacturing sectors will be the key drivers in the safety helmet market’s growth. Increasing head injuries across various industries and growing awareness of workers’ safety and strict government regulations concerning workers’ protection will boost the market growth. Rising investments in airports, power, railways, and water infrastructure will propel market growth. High fatalities due to brain injuries caused by electrocution, malfunctioning equipment like forklifts and cranes will cause an upward surge in demand for safety helmets. These helmets’ thermal discomfort and lack of high durability standards will be the primary restraining factors for this market’s growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of safety helmet.
The entire safety helmet market has been sub-categorized into material, product and end-use. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Acrylonitrile Butadiene Styrene
- Hard Hats
- Bump Caps
- Hard Bump Caps
- Soft Bump Caps
This section covers regional segmentation which accentuates on current and future demand for safety helmet market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Safety Helmet Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the safety helmet market include 3M, Delta Plus Group, Bullard, Honeywell International Inc., MSA, JSP, Polison Corporation, Drägerwerk AG & Co. KGaA, Uvex Group, Centurion Safety Products Ltd., Schuberth GmbH, Concord Helmet & Safety Products Pvt. Ltd., OccuNomix International LLC, VOSS-HELME GmbH & Co. KG, Pyramex. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.