25 Oct 2021
The global smart personal protective equipment (PPE) market was valued at US$ ~2.9 Bn in 2019 and is projected to grow at a value CAGR of more than 15% during the forecast period 2019-2029. The smart PPE manufacturers are focusing on integrating digital technologies into the personal protective devices by installing smart sensors, using nanotechnology and intelligent materials to enhance the safety function in order to ensure people’s protection and physical comfort. Owing to the emergence of innovative, high quality and cost-effective products, manufacturers are constantly focusing on research and development activities to develop new products that can be used in multiple end-use industries. On the back of these factors, manufacturers are adopting innovative strategies to increase their customer base which is driving the growth of smart PPE market. Owing to the multiple advantages of smart PPE devices, coupled with rapid digital advancements is foreseen to auger well over the forecast period, reveals Fact.MR.
“The global smart personal protective equipment market is primarily driven by government initiatives about safety at the workplace. With stiff competition, the leading players are paving the way for product innovation to retain their position in the market.” says a Fact.MR analyst.
The smart PPE market is moderately fragmented with several players occupying market share. Some of the prominent players in smart PPE market are 3M Co., Baker Hughes, a GE Co. LLC, Honeywell International Inc., MSA Safety, uvex Group, Vuzix Corp., Dragerwerk AG, DAQRI, Human Condition Safety, Intellinium, Seebo, among others. Smart PPE market is highly competitive and leading industry players are introducing new products to gain a competitive edge over other players in the market. For instance,
Fact.MR, in its new offering, presents an unbiased analysis of the global smart PPE market, presenting historical demand data (2014-2018) and forecast statistics for the period of 2019-2029. The study divulges essential insights on the smart PPE market on the basis of product (protective footwear, multifunctional protective clothing, smart ear muffs, respiratory protection, others), and end-use industries (firefighting industry, mining fields, construction sites, oil and gas, manufacturing industry) across seven major regions.
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Smart PPE Market
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