Market Overview:
The global high and medium voltage insulated gloves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high and medium voltage insulated gloves in electrical and electronics, automotive industry, public utilities, manufacturing, and other applications. North America is expected to lead the global high and medium voltage insulated gloves market in terms of revenue during the forecast period.
Product Definition:
High voltage insulated gloves are designed to protect the user from electrical shock when working with high voltage equipment. These gloves are made of a durable material that can withstand an electrical shock and have a layer of insulation that will keep the user's hands safe. Medium voltage insulated gloves are designed to protect the user from electrical shock when working with medium voltage equipment. These gloves are made of a durable material that can withstand an electrical shock and have a layer of insulation that will keep the user's hands safe.
Class 3 & Class 4:
The global class 3 & class 4, it's usage and growth factor in high and medium voltage insulated gloves market size was valued at USD 6.5 billion in 2016. The growing demand for insulation of electric components is expected to drive the market over the forecast period.
Rising awareness regarding employee safety across various industries including oil & gas, chemical, manufacturing, construction has resulted in increased use of insulated gloves which is anticipated to propel product demand over the next seven years.
Class 1 & Class 2:
The global market for High and Medium Voltage (HV) insulated gloves is expected to witness significant growth over the forecast period. The growth in this industry can be attributed to rising awareness regarding employee safety at workplaces across various industries including construction, manufacturing, oil & gas, power generation and healthcare among others.
Application Insights:
The manufacturing segment dominated the global market accounting for over 24.0% share of the overall revenue in 2017. The growth can be attributed to increasing industrialization and construction activities in developing countries, such as India and China. These countries are also likely to witness significant growth in electrical & electronics industry which is a major driver for high voltage insulated gloves demand globally.
Automotive was the second largest application segment accounting for nearly 23.5% share of total revenue in 2017 owing to rising product demand from various automotive manufacturers globally including Ford Motor Company, General Motors Company, Tesla Inc., Volkswagen AG.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for insulated gloves from various end-use industries in China, India, and Japan. The Asia Pacific has been witnessing robust economic growth over the past few years on account of rapid industrialization and urbanization resulting in an increase in disposable income. This has led to an increased spending on consumer goods including automobiles, electricals & electronics products as well as public infrastructure projects such as hospitals, schools and colleges among others.
The Middle East & Africa is also likely to witness significant growth over the forecast period owing its large oil reserves which have made it one of the most lucrative regions for petroleum exploration worldwide thus leading major international companies including Total SA; Shell Oil Company; ExxonMobil Corporation; ConocoPhillips Co.; British Petroleum (BP); Royal Dutch Shell Plc.; Kuwait Petroleum Corp.; Saudi Arabia Oil Co., etc.
Growth Factors:
- Increasing demand from electrical and electronics industry
- Growing construction and infrastructure activities
- Rising safety awareness among workers
- Technological advancements in insulation gloves manufacturing process
- Growing popularity of insulated gloves among end-users
Scope Of The Report
Report Attributes
Report Details
Report Title
High and Medium Voltage Insulated Gloves Market Research Report
By Type
Class 3 & Class 4, Class 1 & Class 2
By Application
Electrical and Electronics, Automotive Industry, Public Utilities, Manufacturing, Others
By Companies
Honeywell Safety, Ansell, GB Industries, YOTSUGI CO., LTD., Regeltex, Secura B.C., Boddingtons Electrical, Hubbell Power Systems, Binamé Electroglove, Stanco Safety Products, Derancourt, Protective Industrial Products (PIP), Dipped Products PLC (DPL), Saf-T-Gard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global High and Medium Voltage Insulated Gloves Market Report Segments:
The global High and Medium Voltage Insulated Gloves market is segmented on the basis of:
Types
Class 3 & Class 4, Class 1 & Class 2
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electrical and Electronics, Automotive Industry, Public Utilities, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell Safety
- Ansell
- GB Industries
- YOTSUGI CO., LTD.
- Regeltex
- Secura B.C.
- Boddingtons Electrical
- Hubbell Power Systems
- Binamé Electroglove
- Stanco Safety Products
- Derancourt
- Protective Industrial Products (PIP)
- Dipped Products PLC (DPL)
- Saf-T-Gard
Highlights of The High and Medium Voltage Insulated Gloves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Class 3 & Class 4
- Class 1 & Class 2
- By Application:
- Electrical and Electronics
- Automotive Industry
- Public Utilities
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High and Medium Voltage Insulated Gloves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
High voltage insulated gloves are designed to protect the wearer's hands from high voltages. Medium voltage insulated gloves are designed to protect the wearer's hands from medium voltages.
Some of the major companies in the high and medium voltage insulated gloves market are Honeywell Safety, Ansell, GB Industries, YOTSUGI CO., LTD., Regeltex, Secura B.C., Boddingtons Electrical, Hubbell Power Systems, BinamƒÂ© Electroglove, Stanco Safety Products, Derancourt, Protective Industrial Products (PIP), Dipped Products PLC (DPL), Saf-T-Gard.
The high and medium voltage insulated gloves market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High and Medium Voltage Insulated Gloves Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High and Medium Voltage Insulated Gloves Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High and Medium Voltage Insulated Gloves Market - Supply Chain
4.5. Global High and Medium Voltage Insulated Gloves Market Forecast
4.5.1. High and Medium Voltage Insulated Gloves Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High and Medium Voltage Insulated Gloves Market Size (000 Units) and Y-o-Y Growth
4.5.3. High and Medium Voltage Insulated Gloves Market Absolute $ Opportunity
5. Global High and Medium Voltage Insulated Gloves Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
5.3.1. Class 3 & Class 4
5.3.2. Class 1 & Class 2
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High and Medium Voltage Insulated Gloves Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
6.3.1. Electrical and Electronics
6.3.2. Automotive Industry
6.3.3. Public Utilities
6.3.4. Manufacturing
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High and Medium Voltage Insulated Gloves Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High and Medium Voltage Insulated Gloves Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High and Medium Voltage Insulated Gloves Demand Share Forecast, 2019-2026
9. North America High and Medium Voltage Insulated Gloves Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
9.4.1. Electrical and Electronics
9.4.2. Automotive Industry
9.4.3. Public Utilities
9.4.4. Manufacturing
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
9.7.1. Class 3 & Class 4
9.7.2. Class 1 & Class 2
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High and Medium Voltage Insulated Gloves Demand Share Forecast, 2019-2026
10. Latin America High and Medium Voltage Insulated Gloves Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
10.4.1. Electrical and Electronics
10.4.2. Automotive Industry
10.4.3. Public Utilities
10.4.4. Manufacturing
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
10.7.1. Class 3 & Class 4
10.7.2. Class 1 & Class 2
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High and Medium Voltage Insulated Gloves Demand Share Forecast, 2019-2026
11. Europe High and Medium Voltage Insulated Gloves Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
11.4.1. Electrical and Electronics
11.4.2. Automotive Industry
11.4.3. Public Utilities
11.4.4. Manufacturing
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
11.7.1. Class 3 & Class 4
11.7.2. Class 1 & Class 2
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High and Medium Voltage Insulated Gloves Demand Share, 2019-2026
12. Asia Pacific High and Medium Voltage Insulated Gloves Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
12.4.1. Electrical and Electronics
12.4.2. Automotive Industry
12.4.3. Public Utilities
12.4.4. Manufacturing
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
12.7.1. Class 3 & Class 4
12.7.2. Class 1 & Class 2
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High and Medium Voltage Insulated Gloves Demand Share, 2019-2026
13. Middle East & Africa High and Medium Voltage Insulated Gloves Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Application
13.4.1. Electrical and Electronics
13.4.2. Automotive Industry
13.4.3. Public Utilities
13.4.4. Manufacturing
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High and Medium Voltage Insulated Gloves Market Size and Volume Forecast by Type
13.7.1. Class 3 & Class 4
13.7.2. Class 1 & Class 2
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High and Medium Voltage Insulated Gloves Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High and Medium Voltage Insulated Gloves Market: Market Share Analysis
14.2. High and Medium Voltage Insulated Gloves Distributors and Customers
14.3. High and Medium Voltage Insulated Gloves Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Honeywell Safety
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Ansell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GB Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. YOTSUGI CO., LTD.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Regeltex
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Secura B.C.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Boddingtons Electrical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hubbell Power Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Binamé Electroglove
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Stanco Safety Products
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Derancourt
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Protective Industrial Products (PIP)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dipped Products PLC (DPL)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Saf-T-Gard
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook