Nov 03, 2024
Smart Personal Protective Equipment Market size is set to grow by USD 7.61 billion from 2024-2028, risks of physical injuries in labor-intensive industries to boost the market growth, Technavio
Jun 19, 2024, 17:40 ET Share this article NEW YORK, June 19, 2024 /PRNewswire/ -- The global smart personal protective equipment market size is estimated to grow by USD 7.61 billion from 2024-2028,
Jun 19, 2024, 17:40 ET
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NEW YORK, June 19, 2024 /PRNewswire/ -- The global smart personal protective equipment market size is estimated to grow by USD 7.61 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 21.41% during the forecast period. Risks of physical injuries in labor-intensive industries is driving market growth, with a trend towards growing distribution through retail and online channels. However, high costs of smart ppe poses a challenge. Key market players include 3M Co., Ansell Ltd., Corvex Connected Safety, Delta Plus Group, Dragerwerk AG and Co. KGaA, DuPont de Nemours Inc., Guardhat Inc, Honeywell International Inc., Intellinium, Iristick NV, Kimberly Clark Corp., MCR Safety, MSA Safety Inc, North American Manufacturing, Radians Inc., Rock Fall UK Ltd., Sioen Industries NV, TexTech Industries Inc., UVEX WINTER HOLDING GmbH and Co. KG, and Vuzix Corp..
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Forecast period
2024-2028
Base Year
2023
Historic Data
2018 - 2022
Segment Covered
End-user (Firefighting industry, Oil and gas industry, Mining industry, Construction industry, and Others), Product (Protective clothing, Head, eye and Face protection, Hand and arm protection, Foot and leg protection, and Respiratory protection), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
Region Covered
North America, Europe, APAC, South America, and Middle East and Africa
Key companies profiled
3M Co., Ansell Ltd., Corvex Connected Safety, Delta Plus Group, Dragerwerk AG and Co. KGaA, DuPont de Nemours Inc., Guardhat Inc, Honeywell International Inc., Intellinium, Iristick NV, Kimberly Clark Corp., MCR Safety, MSA Safety Inc, North American Manufacturing, Radians Inc., Rock Fall UK Ltd., Sioen Industries NV, TexTech Industries Inc., UVEX WINTER HOLDING GmbH and Co. KG, and Vuzix Corp.
Key Market Trends Fueling Growth
The global smart PPE market is experiencing growth due to vendors expanding distribution through direct sales, online, and retail channels. Online marketing reduces costs and increases product access for consumers. E-commerce platforms like Amazon, India MART, Medical Expo, and Alibaba sell PPE across regions using tactics such as influencer marketing and social media advertising. Vendors like 3M sell respiratory masks on IndiaMART and Amazon, offering discounts to boost sales. Retail stores and online channels provide convenience, easy returns, and free delivery, making smart PPE an attractive purchase for end-users.
The Smart Personal Protective Equipment (PPE) market is experiencing significant growth due to the increasing demand for advanced safety solutions. Systems such as wearable technology, biometric sensors, and connectivity features are trending in this industry. These innovations enable real-time monitoring of worker health and safety, improving overall productivity and efficiency. Additionally, the use of materials like conductive fabrics and lightweight composites enhances comfort and durability. The market for smart PPE is expected to continue expanding, driven by technological advancements and the need for enhanced workplace safety.
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Market Challenges
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Segment Overview
This smart personal protective equipment market report extensively covers market segmentation by
1.1 Firefighting industry- The Smart Personal Protective Equipment (PPG) market is experiencing significant growth due to increasing safety concerns in various industries. Advanced sensors and connectivity technologies enable real-time monitoring and analysis of environmental hazards, improving worker safety. Companies invest in research and development to create innovative solutions, enhancing productivity and efficiency. The market's expansion is driven by stringent regulations and growing awareness of workplace safety.
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Research Analysis
The Smart Personal Protective Equipment (PPPE) market encompasses innovative wearable systems designed to enhance safety, productivity, and comfort for workers in various industries, including construction and mining. These advanced systems integrate Data insights through In-built sensors and user interfaces, enabling real-time Data analysis solutions. Smart vests, PPE, and safety pods are among the popular solutions, equipped with connectivity features and Data analytics capabilities. Wearable technology, such as smart helmets and shoes or boots, is also gaining traction, featuring embedded sensors and user-friendly interfaces. Employers and businesses are increasingly adopting these solutions to adhere to regulations, minimize workplace injuries, and boost overall productivity. Iristick and Intellinium are examples of companies offering such solutions, focusing on smart sensors and wearable technology to revolutionize the industry. Smart cones are another addition to this market, providing an extra layer of safety and connectivity for workers.
Market Research Overview
The Smart Personal Protective Equipment (PPG) market encompasses advanced and technologically integrated safety solutions designed to enhance worker productivity and minimize risks in various industries. These systems incorporate features such as real-time monitoring, temperature sensing, and communication capabilities. The market is driven by the increasing awareness of occupational safety and health, as well as the integration of IoT and AI technologies. The use of smart PPG extends to sectors like construction, manufacturing, healthcare, and oil & gas, among others. The market is expected to grow significantly due to the rising demand for worker safety and the increasing adoption of technology in safety applications.
Table of Contents:
1 Executive Summary2 Market Landscape3 Market Sizing4 Historic Market Size5 Five Forces Analysis6 Market Segmentation
7 Customer Landscape8 Geographic Landscape9 Drivers, Challenges, and Trends10 Company Landscape11 Company Analysis12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
SOURCE Technavio
Technavio