Global Industrial Safety Ladders Market 2017-2021

Overview of the global industrial safety ladders market

According to Technavio's global industrial safety ladders market research report, the market is expected to grow steadily at a CAGR of around 5% by 2021. This market research analysis identifies the implementation of ergonomically designed ladders as one of the factors driving the industrial safety ladders market growth. Ergonomically designed ladders are most suitable for the industrial and commercial sectors as they have been designed under the specific guidance of OSHA and ANSI. Ergonomically designed devices, tools, and products improve the efficiency of the worker and increase productivity. In addition to the provision of training these devices also include the provision of management support, identification of the ergonomic problems, and finding solutions to them.

The industrial safety ladders market report identifies the use of high-visibility tapes on industrial ladders as one of the key trends behind the growth of this market. Manufacturers have implemented the use of highly-visible tapes on ladders to protect against the risk of hitting objects and falling. The usage of such tapes reinforces safety by making the rungs, the ladder, and objects more visible in the dark due to their reflective property. The incorporation of high-visibility tapes in ladders will also enhance worker safety, which will contribute to market's growth during the forecast period.

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• Identify latent opportunities and explorative solutions in the global industrial safety ladders market: research report
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• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors

The market is highly-competitive and fragmented due to the presence of numerous international, regional, and local vendors. The market is capital intensive and requires the vendors to innovate their offerings to attain a competitive advantage. Vendors compete based on the price, quality, and product portfolios.

The leading vendors in the market are -

• Louisville Ladder
• TB Davies (Cardiff)
• Tri-arc Manufacturing
• Werner

The other prominent vendors in the market are Alaco Ladder, Bauer Ladder, Clow Group, EGA Products, Ladder Industries, LockNClimb, Lynn Ladder & Scaffolding, Metallic Ladder Manufacturing, SA Ladder, Stokes Ladders, Tricam Industries, and Vanguard Manufacturing.

Industrial safety ladders market segmentation by material type and analysis

• Aluminum
• Fiberglass
• Steel

During 2016, the aluminum segment accounted for the major shares and dominated this market. Aluminum ladders and lightweight and cost-effective. Factors such as the utilization of these ladders in various industrial applications including construction, shipbuilding, and utility towers will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the industrial safety ladders market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the market throughout the forecast period. This is mainly due to the introduction of stringent and comprehensive safety regulations and the growth of the construction sector.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global industrial safety ladders market?
• What are the key market trends impacting the growth of the global industrial safety ladders market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial safety ladders market?
• What are the market opportunities and threats faced by the vendors in the global industrial safety ladders market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global industrial safety ladders market? 

Technavio also offers customization on reports based on specific client requirement.

Technavio's reports for the automotive industry cover an array of product markets including the power sector. This report aims at providing insights on a range of parameters including the shift in customer preferences combined with several aspects that prove imperative in driving the market growth of the global market. Industrial safety ladders are one of the most commonly used tools for working at heights.

By implementing a collaboration of quantitative and qualitative data collection methods, Technavio predicts the energy industry's growth prospects, which will support clients devise efficient business strategies. This impending market research report on the global industrial safety ladders market for the assessment period of 2017 to 2021 projects insights gained from the data collected from several reliable sources of information such as channel partners and various regulatory bodies.

This upcoming industry report on the industrial safety ladders market also considers the growth of resembling markets such as recreational safety harness market and safety headgear market, which are expected to project a CAGR of above 3% and more than 4%, respectively, during the assessment period of 2017-2021. According to our industry experts, the exponential rise in the construction industry in developing countries like India and China has proved pivotal to the growth of this market over the last few years.

The impending industry research report for the global industrial safety ladders market also identifies the major market drivers and key trends coupled with the imminent challenges currently experienced by vendors in the power sector.