rising use of protective tools in wind energy , telecommunications , utilities and transportation coupled with growing safety awareness and stringent safety norms created by European government . On other hand , increase in general industrial applications in construction and manufacturing sectors will help the market to grow in the forecasted years .
Asia Pacific region is expected to be the fastest growing fall protection market over the estimated years . China and India will offer an enormous potential fall protection market with rising urbanization and globalization . Increase in manufacturing and construction activities in this region will foster the market . Rise in power plant construction and other energy utility will impel the product market in the forecasted years .
The Middle East and Africa region , dominated by Saudi Arabia and South Africa fall protection market . This region is expected to witness a rapid growth in the product market due to increased transmission and energy sectors . Middle East countries including UAE and Iran will witness the market to prosper in the forecasted years with increase in oil and gas activities in the region .
Global fall protection market is highly fragmented in nature compromising of various local and international market players . Some of the prominent key players operating the same market are Uvex safety group , 3M Co ., Honeywell safety products , Oftenrich holdings ltd ., Avon , Ansell ltd . and Alpha pro tech ltd . Other key players are ABS safety , Karam , ELK River , P & P safety , Klein tools , Roof safety solutions , RTC co . and Petzl .
The most common strategy used by businesses is acquisitions and mergers aiming to increase the market size and product portfolio . In March 2106 , the 3M co . acquired Scott safety from Johnson controls for a value of USD 2 billion . The acquisition was done to broaden the protective solutions to their customers .
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