Market Overview:
The global positioning belts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced positioning systems in various applications such as construction, oil & gas, electricity, wind energy, telecommunication and others. Additionally, the growing demand for miniaturized and portable devices is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Positioning belts are devices used to secure a person in a desired position. They are often used in medical settings to keep patients from moving around and injuring themselves.
Small Series:
Small series are used to manufacture positioning belts for the automotive industry. They are also used in other industries such as construction, marine and electronics. The growth of these industries is directly proportional to the demand for small series products.
The global positioning belt market has been witnessing strong growth over the past few years on account of increasing demand from end-use industries such as construction, marine and electronics coupled with rising technological advancements in terms of product innovation and development.
Medium Series:
The medium series consists of two to four positioners and is used for stabilizing the vehicle. It has a wide application in commercial vehicles, LCVs, and HCVs. The positioning belts are widely used in agriculture sector as they help in maintaining desired distance between crops & weeds.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The belts are used in various applications, such as concrete drilling, auger drilling, road construction and utility line installation. In addition to this application segment, positioning technology is also being increasingly used for other purposes such as earthmoving & moving foundations and tunneling.
The oil & gas industry is another key application where these products are widely utilized owing to their benefits of accuratehole placement with high-precision rotary blades coupled with advanced global positioning systems (GPS). These devices help improve productivity by enabling workers onsiteto have real-time information about the location of resources including equipmentand materials. Furthermore, they also enable users to generate detailed reports on resource usage for improved planningand management of projects while reducing costs associated with labor errors or omissions.
Regional Analysis:
The market in North America is expected to witness significant growth over the forecast period owing to the presence of prominent players such as Johnson Controls, Inc.; Honeywell International Inc.; and Garmin Ltd. The region accounted for a revenue share of more than 30% in 2017 and is estimated to grow at a CAGR exceeding 5% from 2018 to 2030.
The oil & gas industry has been witnessing healthy growth since past few years on account of increasing exploration activities across various regions including Middle East, Africa, South America, and Asia Pacific. This scenario is anticipated to drive demand for positioning belts in this industry over the forecast period. In addition, growing investments by major oil companies such as ExxonMobil Corporation; Royal Dutch Shell Plc; Total S.A.; Sinopec Group; China National Offshore Oil Corporation (CNOOC); Kuwait Petroleum Corp (KPC); Saudi Arabia Oil Company (SESCO) are projected favorably impact regional market development during the same period.
Growth Factors:
- Increasing demand for positioning belts from the medical sector for use in surgeries and other treatments.
- Growing popularity of fitness and workout regimes, which has led to an increase in the demand for positioning belts from the sports and fitness industry.
- The increasing number of women who are working out during their pregnancies, which is driving the demand for maternity positioning belts.
- Rising awareness about the benefits of using positioning belts among consumers, which is helping to boost sales growth of these products globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Positioning Belts Market Research Report
By Type
Small Series, Medium Series, Large Series
By Application
Construction, Oil & Gas, Electricity, Wind Energy, Telecommunication, Other
By Companies
3M, Capital Safety, Load Halt, Globestock, Tri-Motion, Ash Safety, Fall Protection, Hy-Safe Technology, Honeywell, 3M
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
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Positioning Belts Market Report Segments:
The global Positioning Belts market is segmented on the basis of:
Types
Small Series, Medium Series, Large Series
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, Oil & Gas, Electricity, Wind Energy, Telecommunication, Other
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:
- 3M
- Capital Safety
- Load Halt
- Globestock
- Tri-Motion
- Ash Safety
- Fall Protection
- Hy-Safe Technology
- Honeywell
- 3M
Highlights of The Positioning Belts 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:
- Small Series
- Medium Series
- Large Series
- By Application:
- Construction
- Oil & Gas
- Electricity
- Wind Energy
- Telecommunication
- Other
- 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 Positioning Belts 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
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- 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?
Positioning belts are a type of safety belt that help to keep a person in their seat during an accident. They attach around the waist and use webbing or straps to hold the person in place.
Some of the major players in the positioning belts market are 3M, Capital Safety, Load Halt, Globestock, Tri-Motion, Ash Safety, Fall Protection, Hy-Safe Technology, Honeywell, 3M.
The positioning belts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Positioning Belts 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 Positioning Belts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Positioning Belts 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 Positioning Belts 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 Positioning Belts Market Size & Forecast, 2020-2028 4.5.1 Positioning Belts Market Size and Y-o-Y Growth 4.5.2 Positioning Belts 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 Small Series
5.2.2 Medium Series
5.2.3 Large Series
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 Oil & Gas
6.2.3 Electricity
6.2.4 Wind Energy
6.2.5 Telecommunication
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Positioning Belts 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 Positioning Belts 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 Small Series
9.6.2 Medium Series
9.6.3 Large Series
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 Oil & Gas
9.10.3 Electricity
9.10.4 Wind Energy
9.10.5 Telecommunication
9.10.6 Other
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 Small Series
10.6.2 Medium Series
10.6.3 Large Series
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 Oil & Gas
10.10.3 Electricity
10.10.4 Wind Energy
10.10.5 Telecommunication
10.10.6 Other
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 Small Series
11.6.2 Medium Series
11.6.3 Large Series
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 Oil & Gas
11.10.3 Electricity
11.10.4 Wind Energy
11.10.5 Telecommunication
11.10.6 Other
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 Small Series
12.6.2 Medium Series
12.6.3 Large Series
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 Oil & Gas
12.10.3 Electricity
12.10.4 Wind Energy
12.10.5 Telecommunication
12.10.6 Other
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 Small Series
13.6.2 Medium Series
13.6.3 Large Series
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 Oil & Gas
13.10.3 Electricity
13.10.4 Wind Energy
13.10.5 Telecommunication
13.10.6 Other
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 Positioning Belts Market: Competitive Dashboard
14.2 Global Positioning Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Capital Safety
14.3.3 Load Halt
14.3.4 Globestock
14.3.5 Tri-Motion
14.3.6 Ash Safety
14.3.7 Fall Protection
14.3.8 Hy-Safe Technology
14.3.9 Honeywell
14.3.10 3M