NEW
YORK, June 19, 2024 /PRNewswire/ -- The
global smart personal protective equipment
market size is estimated to grow by USD 7.61 billion from 2024-2028, according
to Technavio. The market is estimated to grow at a CAGR of
21.41% during the forecast period. Risks of
physical injuries in labor-intensive industries is driving
market growth, with a trend towards growing distribution
through retail and online channels. However, high costs of
smart ppe poses a challenge. Key market players include
3M Co., Ansell Ltd., Corvex Connected
Safety, Delta Plus Group, Dragerwerk AG and Co. KGaA, DuPont de
Nemours Inc., Guardhat Inc, Honeywell International Inc.,
Intellinium, Iristick NV, Kimberly Clark Corp., MCR Safety, MSA
Safety Inc, North American Manufacturing, Radians Inc., Rock Fall
UK Ltd., Sioen Industries NV, TexTech Industries Inc., UVEX WINTER
HOLDING GmbH and Co. KG, and Vuzix Corp..
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report
Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
End-user (Firefighting
industry, Oil and gas industry, Mining industry, Construction
industry, and Others), Product (Protective clothing, Head, eye and
Face protection, Hand and arm protection, Foot and leg protection,
and Respiratory protection), and Geography (North America, Europe,
APAC, South America, and Middle East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
3M Co., Ansell Ltd.,
Corvex Connected Safety, Delta Plus Group, Dragerwerk AG and Co.
KGaA, DuPont de Nemours Inc., Guardhat Inc, Honeywell International
Inc., Intellinium, Iristick NV, Kimberly Clark Corp., MCR Safety,
MSA Safety Inc, North American Manufacturing, Radians Inc., Rock
Fall UK Ltd., Sioen Industries NV, TexTech Industries Inc., UVEX
WINTER HOLDING GmbH and Co. KG, and Vuzix Corp.
|
Key Market Trends Fueling Growth
The global smart PPE market is experiencing growth due to
vendors expanding distribution through direct sales, online, and
retail channels. Online marketing reduces costs and increases
product access for consumers. E-commerce platforms like Amazon,
India MART, Medical Expo, and Alibaba sell PPE across regions using
tactics such as influencer marketing and social media advertising.
Vendors like 3M sell respiratory
masks on IndiaMART and Amazon, offering discounts to boost sales.
Retail stores and online channels provide convenience, easy
returns, and free delivery, making smart PPE an attractive purchase
for end-users.
The Smart Personal Protective Equipment (PPE) market is
experiencing significant growth due to the increasing demand for
advanced safety solutions. Systems such as wearable technology,
biometric sensors, and connectivity features are trending in this
industry. These innovations enable real-time monitoring of worker
health and safety, improving overall productivity and efficiency.
Additionally, the use of materials like conductive fabrics and
lightweight composites enhances comfort and durability. The market
for smart PPE is expected to continue expanding, driven by
technological advancements and the need for enhanced workplace
safety.
Research report provides comprehensive data on impact of trend.
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Market Challenges
- The global smart PPE market faces growth challenges due to the
high cost of smart PPE. Organizations find purchasing smart PPE to
be an expensive investment. While adhering to safety regulations is
crucial, the functionality of the equipment is a major concern.
Smart PPE costs include purchase price, maintenance, and service
life. High-quality materials and testing phases increase
manufacturing costs. For instance, aramid fiber can cost up to
USD40,000 per metric ton. Companies
may cut protective equipment expenses, risking worker safety. Smart
PPE manufacturers aim to enhance worker health and safety without
significantly increasing production costs. The challenge is to
quantify the ROI for end-users, apart from the initial high
cost.
- The Smart Personal Protective Equipment (PPE) market faces
several challenges. These include the need for cost-effective
solutions (cost, pricing), user comfort (comfort, wearability), and
integration with technology (technology, sensors). Additionally,
ensuring the durability and reliability of these devices
(durability, reliability) is crucial. Another challenge is the need
for regular maintenance and calibration (maintenance, calibration).
Furthermore, ensuring regulatory compliance (regulations) and data
security (security) are also significant concerns. Lastly, the
market requires standardization and interoperability
(standardization, interoperability) to facilitate seamless
integration and use across various industries.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This smart personal protective equipment market report
extensively covers market segmentation by
- End-user
- 1.1 Firefighting industry
- 1.2 Oil and gas industry
- 1.3 Mining industry
- 1.4 Construction industry
- 1.5 Others
- Product
- 2.1 Protective clothing
- 2.2 Head
- 2.3 eye and Face protection
- 2.4 Hand and arm protection
- 2.5 Foot and leg protection
- 2.6 Respiratory protection
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Firefighting industry- The Smart Personal
Protective Equipment (PPG) market is experiencing significant
growth due to increasing safety concerns in various industries.
Advanced sensors and connectivity technologies enable real-time
monitoring and analysis of environmental hazards, improving worker
safety. Companies invest in research and development to create
innovative solutions, enhancing productivity and efficiency. The
market's expansion is driven by stringent regulations and growing
awareness of workplace safety.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Smart Personal Protective Equipment (PPPE) market
encompasses innovative wearable systems designed to enhance safety,
productivity, and comfort for workers in various industries,
including construction and mining. These advanced systems integrate
Data insights through In-built sensors and user interfaces,
enabling real-time Data analysis solutions. Smart vests, PPE, and
safety pods are among the popular solutions, equipped with
connectivity features and Data analytics capabilities. Wearable
technology, such as smart helmets and shoes or boots, is also
gaining traction, featuring embedded sensors and user-friendly
interfaces. Employers and businesses are increasingly adopting
these solutions to adhere to regulations, minimize workplace
injuries, and boost overall productivity. Iristick and Intellinium
are examples of companies offering such solutions, focusing on
smart sensors and wearable technology to revolutionize the
industry. Smart cones are another addition to this market,
providing an extra layer of safety and connectivity for
workers.
Market Research Overview
The Smart Personal Protective Equipment (PPG) market encompasses
advanced and technologically integrated safety solutions designed
to enhance worker productivity and minimize risks in various
industries. These systems incorporate features such as real-time
monitoring, temperature sensing, and communication capabilities.
The market is driven by the increasing awareness of occupational
safety and health, as well as the integration of IoT and AI
technologies. The use of smart PPG extends to sectors like
construction, manufacturing, healthcare, and oil & gas, among
others. The market is expected to grow significantly due to the
rising demand for worker safety and the increasing adoption of
technology in safety applications.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- End-user
-
- Firefighting Industry
- Oil And Gas Industry
- Mining Industry
- Construction Industry
- Others
- Product
-
- Protective Clothing
- Head
- Eye And Face Protection
- Hand And Arm Protection
- Foot And Leg Protection
- Respiratory Protection
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio