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The incidence of accidents is rising at the workplace, and there is a growing concern regarding worker safety. Hence the demand for PPE, especially the smart PPE is expected to increase in the coming years. Lately, the integration of wearable with PPE allows the market to expand its horizons across the globe. The demand for PPE is high from the end-use sector, such as firefighting, healthcare, construction, oil and gas, manufacturing, chemicals, and food processing. North America held most of the share in the global smart PPE market. And East Asia will show rapid progress in the smart PPE market.
Due to remarkable sales worldwide, the smart PPE market is expected to grow at a good rate. This is because in firefighting and healthcare, there is an increased use of smart PPE. Also, with the introduction of innovative and specialized materials, smart technologies such as wearable sensors in clothes, gloves, and shoes have helped transfer the costs, avoid accidents, and increase productivity in the workplace. Thus, there is growth for smart PPE market across the globe. Moreover, companies are adopting creative strategies to expand their customer base, propelling the smart PPE industry's growth.
Moreover, strict regulations have been introduced in many countries by regulatory authorities to minimize uncertainties and injuries. This is generating many possibilities for market leaders in the smart PPE market due to increased understanding of safety at the workplace. Workplace hazards are increasing, and there is mounting concern regarding worker safety. These are the key factors that are expected to drive the smart PPE market's growth over the next decade. This can be in industries such as oil and gas, manufacturing, chemicals, and food processing. By preventing accidents on site, wearable technology is also successful in offering long-term cost savings solutions. In the manufacturing and construction sector, there is a higher rate of adoption of safety products. This scenario is primarily in emerging economies such as India and China, and it is expected to boost the overall global demand for smart PPE to 5.7 million by 2030 end. In the smart PPE market, the key players continuously focus on innovation and integration of various smart sensors to monitor gas, chemicals, heat, sound, and UV rays. Thus there are more growth avenues for protective clothing among end users. This is in the manufacturing and construction industry. These factors will propel the growth of the smart PPE market. One of the most prominent segment is the head, eye and face protection, which is also expected to grow at a good rate and is expected to reach USD 250 million. Also, the protective footwear segment is projected to hold a fair amount of share in the smart PPE market. The frontline defense industry to protect the public from emergencies is the firefighting industry. And this industry has been using traditional PPE over the years. It is expected to propel the industry's growth due to the increase in the smart PPE market's advancement. Increased focus on employee safety, and flammable characteristics of gases in the oil and gas industry will boost the demand for smart PPE over the coming years. The oil and gas industry will hold one-fourth of the share of the global smart PPE industry.
Moreover, the manufacturing segment as end-use industry is expected to show a good growth rate. North America is expected to continue its dominance globally due to mounting industrial activities and increased demand from end-use sectors. On the global average, East Asia is likely to progress at the highest growth rate as compared to other regions. Thus there are good prospects for the Smart PPE market. The Smart PPE market globally is growing at a reasonable rate as compared to the last few years. PPE is used to protect individuals from hazards that can be seen in industry.
Key Market Players
The key market players include:
Protective Industrial Products
Cordova Safety Products
Global Smart PPE Market, By Product:
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