Firefighter Personal Protective Equipment (PPE) Market: Competitive Analysis and Global Outlook
The market research report, entitled Firefighter Personal Protective Equipment (PPE) Market shows good possibilities in the Firefighter Personal Protective Equipment (PPE) Market during the next five-year period and ensures more information regarding market trends. The following summary will give an overview of the drivers, challenges and key players in the market.
Global Firefighter Personal Protective Equipment (PPE) Market Forecast:
The rising incidence of fire incidents has resulted in a greater demand for firefighters, which is projected to drive the sales of firefighter PPE in the coming years. Since PPE provides the highest level of protection to wearers, the demand for helmets and wearable apparel/gear is likely to increase at a healthy pace during the forecast period. The government mandates are also expected to govern the safety of firefighters and would give additional impetus to this expanding market. As a result, the firefighter PPE market is likely to grow at a promising CAGR of 4.9%, in the long run, to reach a value of US$ 2.2 Billion in 2027.
Key Players
The following are some of the key players in the Firefighter Personal Protective Equipment (PPE) Market:
· Honeywell International Inc.
· MSA
· 3M
· Drägerwerk AG & Co. KGaA
· LION Group, Inc.
· Fire-Dex, LLC
· Eagle Technical Products Ltd
Firefighter Personal Protective Equipment (PPE) Market Segmentation:
The report segments based upon demographics, geographics, benefits and volume etc, has different driving factors and identifies the most-attractive segments and sub-segments. Firefighter Personal Protective Equipment (PPE) Market segmentation will not only help marketers to be more efficient in terms of time, money and other resources but also allows companies to learn about their target audience so that they can tailor campaigns and increase market share and revenue.
Based on the product type, the firefighter PPE market is segmented into apparel (wearable gear) and helmets. The apparel segment is predicted to witness faster growth during the forecast period since it is replaced more frequently as compared to the helmets, paired with the organic growth of firefighter safety equipment. On the other hand, helmets form the dominant segment accounting for more than half of the market, and are expected to maintain their dominance throughout the forecast period.
In terms of regions, North America is expected to remain the largest market for firefighter PPE during the forecast period. A large number of global and regional players, such as MSA, Honeywell International Inc., and 3M, which are also the market leaders, are present in the region. The USA remains the world’s largest market for firefighter safety equipment, supported by a huge expenditure of the country on firefighter safety equipment. Europe is also likely to create sizeable opportunities in the coming five years and is also estimated to remain the second-largest market by 2027. Asia-Pacific is estimated to remain the fastest-growing market in the years to come, propelled by China, India, and Japan.
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