Market Overview:
The global overhead fall protection system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for overhead fall protection systems in passenger and freight railway, city transportation, and high-speed rail applications. Additionally, the growing awareness about safety among workers is also propelling the growth of this market. However, the high cost of installation and maintenance of these systems may restrain the growth of this market during the forecast period. On basis on type, mobile type segment held a dominant share in 2017 and is projected to maintain its dominance throughout the forecast period owing to its easy installation and low maintenance cost as compared to fixed type segment.
Product Definition:
An overhead fall protection system is a type of personal protective equipment that helps protect employees from falling objects or debris. It typically consists of a guardrail or barrier system, along with a canopy or net to catch the employee in case of a fall. The importance of an overhead fall protection system is twofold: it helps protect employees from potentially serious injuries, and it also helps keep workers safe by preventing objects from falling on them.
Mobile Type:
Mobile type is a system used to provide fall protection to employees working at or above head level. It consists of a harness, lifeline, and connecting device that enables the employee to safely perform their work without any risk of falling. Mobile type systems are primarily used in warehouses, construction sites, maintenance & repair facilities and ports where there is potential for workers to be exposed to overhead hazards.
The global overhead fall protection system market was valued at USD 6 billion in 2015.
Fixed Type:
Fixed type protection systems are used to provide fall protection to employees working at height. Fixed type overhead fall protection systems comprise a series of straps, belts or cords, and/or nets designed to be worn around the body in large numbers. Fixed-type overhead fall protection system is an effective safety device when used in conjunction with adequate personal protective equipment such as safety shoes and belts.
Application Insights:
Passenger and freight railway application segment led the global overhead fall protection system market in 2017, accounting for over 60% of the overall revenue share. The segment is projected to expand further at a steady CAGR from 2018 to 2030 owing to an increase in demand for high-speed rail networks across various regions.
The city transportation application segment is expected to witness significant growth over the forecast period due largely to growing urbanization and industrialization, which has resulted in an increased number of construction sites across various regions. Furthermore, increasing investments by governments as well as private companies are likely to boost product demand globally.
High-speed rail (HSR) systems require extensive maintenance and repair work on account of constant friction between moving trains and stationary objects such as bridges or tunnels along with other structures on either side of the track that causes wear & tear on HSR equipment including rails, wheelsets & axles, pantographs ( collectors & feeders ), etc.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to increasing industrialization and rapid urbanization, which has led to an increase in the number of construction activities, thereby driving the demand for safety equipment such as fall protection systems across this region. In addition, growing awareness regarding employee health and safety along with stringent regulations by OSHA and other regulatory bodies are expected to further drive growth over the forecast period.
Europe was estimated as being worth USD X million in 2017 owing to high product penetration across this region on account of increased workplace fatalities resulting from falls from height or heights coupled with rising awareness about employee safety standards among employers coupled with government initiatives for improving infrastructure development is expected to drive growth over next eight years.
Growth Factors:
- Increasing demand for overhead fall protection systems in the construction and manufacturing industries as a result of growing awareness about safety hazards and regulations
- Rising investment in infrastructure development projects across the globe
- Growing demand for advanced safety equipment in industrial applications
- Proliferation of online retail platforms that offer cost-effective and easy access to overhead fall protection systems
- Technological advancements that have led to the development of more reliable and user-friendly overhead fall protection systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Overhead Fall Protection System Market Research Report
By Type
Mobile Type, Fixed Type
By Application
Passenger and Freight Railway, City Transportation, High-speed Rail
By Companies
Gorbel, Rigid Lifelines, 3M, SFS Intec, Uniline Safety, Sayfa Group, CAI Safety Systems, Heightsafe, Cresto Group
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Overhead Fall Protection System Market Report Segments:
The global Overhead Fall Protection System market is segmented on the basis of:
Types
Mobile Type, Fixed Type
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
Passenger and Freight Railway, City Transportation, High-speed Rail
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:
- Gorbel
- Rigid Lifelines
- 3M
- SFS Intec
- Uniline Safety
- Sayfa Group
- CAI Safety Systems
- Heightsafe
- Cresto Group
Highlights of The Overhead Fall Protection System 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:
- Mobile Type
- Fixed Type
- By Application:
- Passenger and Freight Railway
- City Transportation
- High-speed Rail
- 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 Overhead Fall Protection System 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 overhead fall protection system is a safety device that is installed in workplaces to protect workers from falling objects. The system consists of a network of cables, poles, or beams that support workers and equipment above the floor. If an object falls from above, the system can quickly release the weight to prevent serious injury or death.
Some of the major players in the overhead fall protection system market are Gorbel, Rigid Lifelines, 3M, SFS Intec, Uniline Safety, Sayfa Group, CAI Safety Systems, Heightsafe, Cresto Group.
The overhead fall protection system 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 Overhead Fall Protection System 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 Overhead Fall Protection System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Overhead Fall Protection System 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 Overhead Fall Protection System 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 Overhead Fall Protection System Market Size & Forecast, 2020-2028
4.5.1 Overhead Fall Protection System Market Size and Y-o-Y Growth
4.5.2 Overhead Fall Protection System 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 Mobile Type
5.2.2 Fixed Type
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 Passenger and Freight Railway
6.2.2 City Transportation
6.2.3 High-speed Rail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Overhead Fall Protection System 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 Overhead Fall Protection System 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 Mobile Type
9.6.2 Fixed Type
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 Passenger and Freight Railway
9.10.2 City Transportation
9.10.3 High-speed Rail
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 Mobile Type
10.6.2 Fixed Type
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 Passenger and Freight Railway
10.10.2 City Transportation
10.10.3 High-speed Rail
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 Mobile Type
11.6.2 Fixed Type
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 Passenger and Freight Railway
11.10.2 City Transportation
11.10.3 High-speed Rail
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 Mobile Type
12.6.2 Fixed Type
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 Passenger and Freight Railway
12.10.2 City Transportation
12.10.3 High-speed Rail
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 Mobile Type
13.6.2 Fixed Type
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 Passenger and Freight Railway
13.10.2 City Transportation
13.10.3 High-speed Rail
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 Overhead Fall Protection System Market: Competitive Dashboard
14.2 Global Overhead Fall Protection System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Gorbel
14.3.2 Rigid Lifelines
14.3.3 3M
14.3.4 SFS Intec
14.3.5 Uniline Safety
14.3.6 Sayfa Group
14.3.7 CAI Safety Systems
14.3.8 Heightsafe
14.3.9 Cresto Group
