Safety Helmet Market Enhance Growth Of $2.7 Billion By 2027 | Grand View Research, Inc

Safety Helmet Market Enhance Growth Of $2.7 Billion By 2027 | Grand View Research, Inc

Grand View Research, Inc. – Market Research And Consulting.
According to report published by Grand View Research, the global safety helmet market size was valued at USD 1.8 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.0% over the forecast period.

The global safety helmet market is anticipated to witness an unwavering growth rate of 5.0% by 2027. Safety has always remained a matter of concern while performing industrial activities, mainly in construction sites. It grants protection to the workers against accidents and head injuries. Hard hats or safety helmets act as the first line of personal protective equipment to be worn against such type of head injuries. In several industrial environments such as construction, mining, forestry, and power, there is a high probability of accidents that may cause head damages. Workers in operational sites are exposed to various risks such as fall from high buildings, collision with heavy bodies, and falling of heavy objects to the body. Attributed to the nature of these works, it is difficult to eliminate these risks with collective personal protective equipment. This has driven the need for enhancing manpower safety by the utilization of safety helmets.

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The U.S. safety helmets market size, by type, 2016 - 2027 (USD Million)

Increasing incidents of head injuries in numerous industries on everyday basis is leading to increasing awareness among the consumers about the head safety measures that are to be mandatorily adopted. The market is driven by majorly by increase in construction activities.  The National Institute for Occupational Safety and Health (NIOSH), Occupational Safety and Health Administration (OSHA), and Centre for Construction Research and Training (CPWR) are the key regulatory bodies that compel various industries to adopt safety guidelines. This has further supported the use of personal protective equipment (PPE), like construction safety helmets. Furthermore, research analysis of the global construction hard helmets has identified that these stringent safety guidelines will be one of the prominent factors that will have a massive impact on the market growth. The regulatory bodies are also converging on creating awareness about traumatic brain injuries (TBIs) during construction activities. Also, PPE, such as industrial head protection hats, prevents injuries that might result from burns and electrocution, which obliges employers to equip their work force with the necessary PPE.

Key Takeaways from the report:

  • Hard hats dominated the global market, with more than 86.2% of the overall revenue share in 2019. This can be attributed to increased demand for type I helmets in the manufacturing, mining, and construction sectors, particularly in economies like Europe and North America.
  • The construction segment accounted for approximately 43.6% share of the revenue in 2019. The key factors contributing to the growth include increasing demand for better public infrastructure such as airports, harbors, roadways, and rail transport systems, thus stimulating safety helmets demand over the coming years.

Global safety helmets market share, by end use, 2019 (%)

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Major Players:

  • Delta Plus Group
  • Bullard
  • Honeywell International Inc.
  • 3M
  • MSA
  • JSP
  • Polison Corporation
  • Drägerwerk AG & Co. KGaA
  • Uvex Group
  • Centurion Safety Products Ltd.
  • Schuberth GmbH
  • Concord Helmet & Safety Products Pvt. Ltd.
  • OccuNomix International LLC
  • VOSS-HELME GmbH & Co. KG
  • Pyramex.

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Grand View Research has segmented the global safety helmets market on the basis of material, product, end-use, and region

Safety Helmets Material Outlook (Revenue, USD Million, 2016 – 2027)

  • Polyethylene
  • Acrylonitrile Butadiene Styrene
  • Polycarbonate

Safety Helmets Product Outlook (Revenue, USD Million, 2016 – 2027)

  • Hard Hats
    • Type I
    • Type II
  • Bump Caps
    • Hard Bump Caps
    • Soft Bump Caps

Safety Helmets End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Construction
  • Manufacturing
  • Mining
  • Others

Safety Helmets Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Spain
    • The U.K.
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
  • Central & South America
    • Argentina
    • Brazil
  • Middle East & Africa
    • Saudi Arabia
    • South Africa

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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