North American Fall Protection Market Report 2022: A $993.8 Million Market in 2026 – Mergers and Acquisitions for Market Penetration and Growth Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “North American Fall Protection Market Growth Opportunities” report has been added to ResearchAndMarkets.com’s offering.

The North American fall protection market generated $820.7 million in 2021.

It is expected to grow at a Compound Annual Growth Rate (CAGR) of 3.9% to $993.8 million in 2026, driven by regulatory updates, growth resurgence in end-use industries, better end-user safety awareness, and greater adoption of improved fall protection equipment.

The top 5 participants in the market – 3M, Honeywell, MSA, Guardian, and FallTech – accounted for 68% to 78% of the total fall protection market revenue in 2021. Fall protection manufacturers are trying to gain market presence through Mergers and Acquisitions ( M&As) as well as organic growth.

The construction industry accounted for 32.7% of the revenue in 2021 and is expected to remain a major end-user segment for fall protection equipment and services. Other major end-use industries are manufacturing (21.4%), telecom (13.4%), utilities (13%), and oil and gas (9.8%).

Wind energy is expected to witness the highest revenue growth with a CAGR of 6.3%. This is because of the large number of ongoing and expected on-shore and offshore wind farm projects in the region. According to the Bureau of Labor and Statistics (BLS), ‘wind turbine service technician’ is expected to be the second-fastest growing occupation in the US between 2020 and 2030.

Soft goods generated the highest revenue share of 41.6% in 2021. This segment is also expected to grow more than the average, given the high demand for soft goods in end-user industries, such as construction, manufacturing, and utilities. The higher adoption of soft goods is also because of the relatively cost-effective prices of soft goods.

The services segment is expected to witness high growth at a CAGR of 5.6%, driven by increasing end-user safety awareness, enhanced regulatory enforcements, and increasing investments in training facilities by major end-user industries to reduce fall injuries.

Key topics covered:

1. Strategic imperatives

  • Why is it Increasingly Difficult to Grow?

  • The Strategic Imperatives

  • The Impact of the Top 3 Strategic Imperatives on North American Fall Protection Industry

  • Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis

  • Key Findings

  • Scope of Analysis

  • segmentation

  • key competitors

  • Growth Metrics

  • Distribution Channels

  • growth drivers

  • Growth restraints

  • OSHA – Most Frequently Cited Violations

  • occupational injuries

  • Macroeconomic Aspects – North America

  • Market Overview – Major Standards and Regulations

  • Regulatory Compliance Overview

  • Forecast Assumptions

  • Revenue forecast

  • Revenue Forecast by Product

  • Percent Revenue Forecast by Product

  • Revenue Forecast Analysis

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast Analysis by Country

  • Competitive Environment

  • Notable Merger and Acquisitions Activity

  • Revenue share

  • Revenue Share Analysis

3. Growth Opportunity Analysis – Soft Goods

  • Growth Metrics

  • Revenue Forecast – Soft Goods

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

4. Growth Opportunity Analysis – Hard Goods

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

5. Growth Opportunity Analysis – Installed Systems

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

6. Growth Opportunity Analysis – Access Systems

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

7. Growth Opportunity Analysis – Rescue Equipment

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

8. Growth Opportunity Analysis – Services

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast Analysis

  • Revenue Forecast by Country

  • Forecast percent of revenue by country

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis by Industry Vertical

  • Competitive Environment

  • Revenue share

  • Revenue Share Analysis

9. Growth Opportunity Analysis – US

  • Key Statistics

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast by Product

  • Forecast percent of revenue by product

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis

10. Growth Opportunity Analysis – Canada

  • Key Statistics

  • Growth Metrics

  • Revenue forecast

  • Revenue Forecast by Product

  • Forecast percent of revenue by product

  • Revenue Forecast by Industry Vertical

  • Forecast Percent of Revenue by Industry Vertical

  • Revenue Forecast Analysis

11. Growth Opportunity Universe

  • Growth Opportunity 1: Digital Solutions for Enhanced Compliance Control

  • Growth Opportunity 2: Mergers and Acquisitions for Market Penetration

  • Growth Opportunity 3: Regulatory Updates to Boost End-users’ Fall Protection Adoption

12. Appendix

Companies Mentioned

  • 3M

  • CaseTech

  • Guardians

  • Honeywell

  • MSA

  • OSHA

For more information about this report visit https://www.researchandmarkets.com/r/4wn9d

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