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Electrical Safety Products Market Share

  • Report ID: GMI8946
  • Published Date: Apr 2024
  • Report Format: PDF

Electrical Safety Products Market Share

The market for electrical safety products exhibits moderate fragmentation, with numerous regional players operating globally. In 2023, key market leaders included Honeywell International Inc., 3M Company, Hubbell Incorporated, DuPont de Nemours, Inc., and Ansell Limited. These industry giants often utilize their established distribution networks and resources to expand their market presence. This fragmentation is particularly notable in segments such as personal protective equipment (PPE), where a multitude of companies manufacture gloves, safety glasses, helmets, and other protective gear. These leading companies actively pursue strategic initiatives such as mergers and acquisitions, facility expansions, and partnerships to diversify their product offerings, broaden their customer base, and reinforce their foothold in the market.

Electrical Safety Products Market Companies

Major key players operating in the electrical safety products industry include:

  • 3M Company
  • Ansell Limited
  • Brady Corporation
  • Cementex Products, Inc.
  • DuPont de Nemours, Inc.
  • Honeywell International Inc.
  • Hubbell Incorporated
  • Leviton Manufacturing Co., Inc.
  • Milliken & Company
  • MSA Safety Incorporated
  • National Safety Apparel, Inc.
  • Oberon Company, Inc.
  • Panduit Corporation
  • Saf-T-Gard International, Inc.
  • Tyndale Company, Inc.
Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of electrical safety products was reached USD 27.1 billion in 2023 and is expected to register 5.9% CAGR from 2024 to 2032, owing to the growing awareness about electrical safety and stringent government regulations mandating the use of safety products in various industries worldwide.

Electrical safety products industry from the construction segment recorded 30% share in 2023 and is expected to register an appreciable CAGR up to 2032, due to heightened awareness of occupational safety and the importance of protecting construction workers from electrical hazards.

North America electrical safety products industry is expected to reach USD 15.2 billion by 2032 due to technological innovation in electrical safety products and investments in research and development to develop advanced safety solutions in the region.

3M Company, Leviton Manufacturing Co., Inc., Milliken & Company, MSA Safety Incorporated, National Safety Apparel, Inc., Oberon Company, Inc., Panduit Corporation, Saf-T-Gard International, Inc, Tyndale Company, Inc., are some of the major electrical safety products companies worldwide.

Electrical Safety Products Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 380
  • Countries covered: 21
  • Pages: 320
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