Market Overview:
The global energy absorbing lanyard 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 safety equipment in workplaces, especially in construction and mining industries. Additionally, the growing awareness about safety among workers is also propelling the demand for energy absorbing lanyards globally. Based on type, the global energy absorbing lanyard market can be segmented into 3ft, 4ft, 5ft and 6ft segments. Among these segments, 4ft segment is expected to witness highest growth during the forecast period owing to its versatility and easy handling characteristics. Based on application, construction industry is expected to account for majority of share in terms of revenue in 2018 followed by mining industry.
Product Definition:
An energy absorbing lanyard is a device that employees wear around their necks to protect them from falls. The lanyard absorbs the force of the fall, preventing the employee from hitting the ground. Energy absorbing lanyards are important for workers who are required to work at height, as they can help prevent serious injuries in the event of a fall.
3ft:
3ft is the measure of distance between two points. It is also known as 3 feet or 12 inches. The length of a yard, A unit of linear measurement in various fields including land surveying and carpentry. It is also used as a synonym for “linear footage” or “linear footage” in film industry and photography which measures the size or dimensions of objects such as films, photographs, prints etc., generally taken on 35mm film.
4ft:
4ft is the measure of length and it's used in energy absorbing lanyard market to define the maximum weight a lanyard can safely hold. The higher the 4 foot rating, generally means more load capacity.
The standard 4 foot rule applies where a persons' weight plus that of any object(s) cannot exceed 150 pounds.
Application Insights:
The construction application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the rising demand for lanyards in safety equipment, such as hard hats, masks and gloves, used by workers during construction activities. Furthermore, increasing use of lanyards in safety equipment provided to visitors at high risk areas is expected to drive the demand further.
The mining application segment is anticipated to witness a CAGR of XX% from 2018 to 2030 owing to growing need for personal protection devices including ear defenders and eye protection goggles among miners due largely in part that these products are considered an essential toolbox by many mine owners and operators across various regions globally including North America.
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 industrial activities in countries, such as China and India. In addition, rising number of construction projects in the region will drive the demand for energy absorbing lanyards over the forecast period.
North America accounted for a significant share in 2017 owing to stringent regulatory scenario coupled with high workplace accident rates in this region. The U.S., being one of the most developed economies has witnessed an increase in construction activities post-recession which is likely to benefit product demand over next eight years; however, uncertainty surrounding trade policies between U.S.
In Europe, growing awareness regarding personal safety along with stringent regulations implemented by OSHA.
Growth Factors:
- Increasing demand for energy absorbing lanyards in construction and manufacturing industries for worker safety
- Growing awareness about the benefits of using energy absorbing lanyards among workers, which is likely to boost the demand for these products over the forecast period
- Rising number of workplace accidents due to lack of safety measures, which is expected to fuel the growth of energy absorbing lanyard market
- Technological advancements in terms of design and functionality that would make these products more efficient and safe to use
- Growing popularity of eco-friendly and ergonomic products among consumers, which is anticipated to create new opportunities for growth in the global energy absorbing lanyard market
Scope Of The Report
Report Attributes
Report Details
Report Title
Energy Absorbing Lanyard Market Research Report
By Type
3ft, 4ft, 5ft, 6ft
By Application
Construction, Mining, Others
By Companies
MSA Safety Incorporated, FallTech, M, SafeWaze, CAMP, Gravitec, JE Lortie，Co., ABS Safety GmbH, Beal Pro, Bornack GmbH & Co. KG, Climbing Technology, Cresto Safety Ab, Productos Climax
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Energy Absorbing Lanyard Market Report Segments:
The global Energy Absorbing Lanyard market is segmented on the basis of:
Types
3ft, 4ft, 5ft, 6ft
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
Construction, Mining, 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:
- MSA Safety Incorporated
- FallTech
- M
- SafeWaze
- CAMP
- Gravitec
- JE Lortie，Co.
- ABS Safety GmbH
- Beal Pro
- Bornack GmbH & Co. KG
- Climbing Technology
- Cresto Safety Ab
- Productos Climax
Highlights of The Energy Absorbing Lanyard 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:
- 3ft
- 4ft
- 5ft
- 6ft
- By Application:
- Construction
- Mining
- 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 Energy Absorbing Lanyard 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?
An energy absorbing lanyard is a type of safety device that absorbs energy when it is pulled, preventing someone from being injured. This type of lanyard can be used in a variety of settings, such as construction sites and factories.
Some of the major companies in the energy absorbing lanyard market are MSA Safety Incorporated, FallTech, M, SafeWaze, CAMP, Gravitec, JE Lortie，Co., ABS Safety GmbH, Beal Pro, Bornack GmbH & Co. KG, Climbing Technology, Cresto Safety Ab, Productos Climax.
The energy absorbing lanyard market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Energy Absorbing Lanyard Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Energy Absorbing Lanyard Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Energy Absorbing Lanyard Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Energy Absorbing Lanyard Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Energy Absorbing Lanyard Market Size & Forecast, 2020-2028
4.5.1 Energy Absorbing Lanyard Market Size and Y-o-Y Growth
4.5.2 Energy Absorbing Lanyard Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 3ft
5.2.2 4ft
5.2.3 5ft
5.2.4 6ft
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Mining
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Energy Absorbing Lanyard Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Energy Absorbing Lanyard Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 3ft
9.6.2 4ft
9.6.3 5ft
9.6.4 6ft
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Mining
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 3ft
10.6.2 4ft
10.6.3 5ft
10.6.4 6ft
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Mining
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 3ft
11.6.2 4ft
11.6.3 5ft
11.6.4 6ft
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Mining
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 3ft
12.6.2 4ft
12.6.3 5ft
12.6.4 6ft
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Mining
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 3ft
13.6.2 4ft
13.6.3 5ft
13.6.4 6ft
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Mining
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Energy Absorbing Lanyard Market: Competitive Dashboard
14.2 Global Energy Absorbing Lanyard Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MSA Safety Incorporated
14.3.2 FallTech
14.3.3 M
14.3.4 SafeWaze
14.3.5 CAMP
14.3.6 Gravitec
14.3.7 JE Lortie，Co.
14.3.8 ABS Safety GmbH
14.3.9 Beal Pro
14.3.10 Bornack GmbH & Co. KG
14.3.11 Climbing Technology
14.3.12 Cresto Safety Ab
14.3.13 Productos Climax
