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Smart Personal Protective Equipment Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR43527
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The smart personal protective equipment (PPE) market share is expected to increase by USD 3.26 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 15.54%. This smart personal protective equipment (PPE) market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. The smart personal protective equipment (PPE) market report also offers information on several market vendors, including 3M Co., Ansell Ltd., Baker Hughes Co., Delta Plus Group, DuPont de Nemours Inc., Honeywell International Inc., Intellinium, Kimberly-Clark Corp., MCR Safety, and Radians Inc. among others. Furthermore, this report extensively covers smart personal protective equipment (PPE) market segmentation by end-user (firefighting industry, manufacturing industry, construction industry, oil and gas industry, and mining industry) and geography (North America, Europe, APAC, South America, and MEA).

What will the Smart Personal Protective Equipment (PPE) Market Size be During the Forecast Period?

Smart Personal Protective Equipment Market Size

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Smart Personal Protective Equipment (PPE) Market: Key Drivers, Trends, and Challenges

The risks of physical injuries in labor-intensive industries is notably driving the smart personal protective equipment (PPE) market growth, although factors such as high costs of smart PPE may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart personal protective equipment (PPE) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Personal Protective Equipment (PPE) Market Driver

One of the key factors driving the smart personal protective equipment (PPE) market growth is the risks of physical injuries in labor-intensive industries. Industries such as automotive, construction, manufacturing, chemicals, and food processing are labor-intensive and are usually associated with certain risks of impact-related hand injuries such as abrasion cuts, slicing cuts, and impact cuts. Injuries to the hands, such as cuts and chemical burns, may result in lacerations or even amputations, which not only increase the need for emergency room visits and days away from work but can also lead to costly workers' compensation claims. According to the Bureau of Labor Statistics, 70% of workers who sustain hand injuries do not wear gloves while performing tasks. The remaining 30% wear gloves, which are inadequate and ineffective to protect the hands against injuries as they are ill-fitting or damaged. Thus, the increasing incidences of impact-related hand injuries during industrial activities and the associated cost of treatment are influencing employers to mandate protective hand equipment for their employees. This is creating demand for smart PPE, thereby driving market growth.

Key Smart Personal Protective Equipment (PPE) Market Trend

Growing distribution through retail and online channels is the major trend influencing the smart personal protective equipment (PPE) market growth. Vendors are focusing on increasing the distribution of PPE through direct sales as well as online and retail channels. Increasing promotional and marketing activities online are enabling vendors to offer users better access to their products. Online marketing helps these vendors in reducing costs, including the distribution, setup, and operational costs, for PPE. Various e-commerce platforms, such as Amazon, IndiaMART, MedicalExpo, and Alibaba, sell PPE across different geographical regions. The offers and discounts that online retailers offer on the purchases of respiratory masks are also expected to increase the demand for and the number of online purchases by end-users. The sales of PPE through retail marketing to meet their immediate current needs are expected to boost growth opportunities for the global smart PPE market. Fewer chances of buying defective products, minimum issues related to fixation, and the ease of purchasing are the major factors spurring the sales of smart PPE through retail stores as well as online channels.

Key Smart Personal Protective Equipment (PPE) Market Challenge

High costs of smart PPE is one of the key challenges hindering the smart personal protective equipment (PPE) market growth. For an organization, purchasing smart PPE is an expensive affair. Owing to the government regulations regarding the safety of employees, employers are focusing on adhering to the regulations of the provision of PPE without paying heed to its appropriate use and functionality. Therefore, the functionality of the equipment becomes a major concern. The challenge is to ensure product quality with respect to safety and functionality while limiting the cost. When it comes to PPE, product costs entail several factors, such as the purchase price, maintenance cost, and service life. Therefore, using expensive equipment that provides assured quality and functionality will cost the buyer less in the long run. The manufacturing cost of protective clothing is high, owing to the use of superior-quality fabrics as well as multiple testing phases. For instance, aramid fiber may cost around $20,000 to $40,000 per metric ton, which increases the price of protective clothing. Thus, many companies cut their expenses on protective equipment, which is a threat to the safety of workers.

This smart personal protective equipment (PPE) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global smart personal protective equipment (PPE) market as a part of the global textile market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart personal protective equipment (PPE) market during the forecast period.

Who are the Major Smart Personal Protective Equipment (PPE) Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • Ansell Ltd.
  • Baker Hughes Co.
  • Delta Plus Group
  • DuPont de Nemours Inc.
  • Honeywell International Inc.
  • Intellinium
  • Kimberly-Clark Corp.
  • MCR Safety
  • Radians Inc.

 

This statistical study of the smart personal protective equipment (PPE) market encompasses successful business strategies deployed by the key vendors. The smart personal protective equipment (PPE) market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

Product Insights and News

  • 3M Co. - The company offers comfortable, well-designed 3M safety personal protective equipment that offers workers the most effective protection.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The smart personal protective equipment (PPE) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Smart Personal Protective Equipment (PPE) Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the smart personal protective equipment (PPE) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.

Which are the Key Regions for Smart Personal Protective Equipment (PPE) Market?

Smart Personal Protective Equipment Market Market segmentation by region

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40% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for smart personal protective equipment (PPE) in North America. Market growth in this region will be slower than the growth of the market in APAC regions.

The increase in oil and gas production activities in countries such as the US, Canada, and Mexico will facilitate the smart personal protective equipment (PPE) market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the COVID-19 outbreak in North America positively impacted the growth of the smart PPE. The growing rate of the disease in the region increased the demand for smart PPE from healthcare providers and pharmaceutical manufacturers in H1 2020. In addition, the stringent rules of social distancing and rising awareness in public regarding the efficiency of smart PPE have increased the demand for smart PPE from other major end-users such as the construction and oil and gas industries since Q4 2020. Furthermore, growing awareness in public regarding the efficiency of regular vital monitoring via smart PPE will enhance the sales of smart PPE during the forecast period.

What are the Revenue-generating End-user Segments in the Smart Personal Protective Equipment (PPE) Market?

Smart Personal Protective Equipment Market Segmentation

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The smart personal protective equipment (PPE) market share growth by the firefighting industry will be significant during the forecast period. Vendors are deploying information and communications technology (ICT) solutions to protect firefighters and help prevent accidents by integrating ICT with smart PPE. Additionally, add-on technologies such as voice communication equipment, thermal imaging cameras, sensors, and localization systems are likely to gain traction in the market during the forecast period. 

Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the smart personal protective equipment (PPE) market size and actionable market insights on post COVID-19 impact on each segment.

 

Smart Personal Protective Equipment (PPE) Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 15.54%

Market growth 2021-2025

$ 3.26 billion

Market structure

Fragmented

YoY growth (%)

14.60

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 40%

Key consumer countries

US, China, Germany, Canada, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

3M Co., Ansell Ltd., Baker Hughes Co., Delta Plus Group, DuPont de Nemours Inc., Honeywell International Inc., Intellinium, Kimberly-Clark Corp., MCR Safety, and Radians Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Smart Personal Protective Equipment (PPE) Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive smart personal protective equipment (PPE) market growth during the next five years
  • Precise estimation of the smart personal protective equipment (PPE) market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart personal protective equipment (PPE) industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart personal protective equipment (PPE) market vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis: Textile

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
    • 3.4 Market outlook: Forecast for 2020 - 2025
      • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
      • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 08: Five forces analysis 2020 & 2025
    • 4.2 Bargaining power of buyers
      • Exhibit 09: Bargaining power of buyers
    • 4.3 Bargaining power of suppliers
      • Exhibit 10: Bargaining power of suppliers
    • 4.4 Threat of new entrants
      • Exhibit 11: Threat of new entrants
    • 4.5 Threat of substitutes
      • Exhibit 12: Threat of substitutes
    • 4.6 Threat of rivalry
      • Exhibit 13: Threat of rivalry
    • 4.7 Market condition
      • Exhibit 14: Market condition - Five forces 2020

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 15: End-user - Market share 2020-2025 (%)
    • 5.2 Comparison by End-user
      • Exhibit 16: Comparison by End-user
    • 5.3 Firefighting industry - Market size and forecast 2020-2025
      • Exhibit 17: Firefighting industry - Market size and forecast 2020-2025 ($ million)
      • Exhibit 18: Firefighting industry - Year-over-year growth 2020-2025 (%)
    • 5.4 Manufacturing industry - Market size and forecast 2020-2025
      • Exhibit 19: Manufacturing industry - Market size and forecast 2020-2025 ($ million)
      • Exhibit 20: Manufacturing industry - Year-over-year growth 2020-2025 (%)
    • 5.5 Construction industry - Market size and forecast 2020-2025
      • Exhibit 21: Construction industry - Market size and forecast 2020-2025 ($ million)
      • Exhibit 22: Construction industry - Year-over-year growth 2020-2025 (%)
    • 5.6 Oil and gas industry - Market size and forecast 2020-2025
      • Exhibit 23: Oil and gas industry - Market size and forecast 2020-2025 ($ million)
      • Exhibit 24: Oil and gas industry - Year-over-year growth 2020-2025 (%)
    • 5.7 Mining Industry - Market size and forecast 2020-2025
      • Exhibit 25: Mining Industry - Market size and forecast 2020-2025 ($ million)
      • Exhibit 26: Mining Industry - Year-over-year growth 2020-2025 (%)
    • 5.8 Market opportunity by End-user
      • Exhibit 27: Market opportunity by End-user

    6 Customer landscape

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 29: Market share by geography 2020-2025 (%)
    • 7.2 Geographic comparison
      • Exhibit 30: Geographic comparison
    • 7.3 North America - Market size and forecast 2020-2025
      • Exhibit 31: North America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 32: North America - Year-over-year growth 2020-2025 (%)
    • 7.4 Europe - Market size and forecast 2020-2025
      • Exhibit 33: Europe - Market size and forecast 2020-2025 ($ million)
      • Exhibit 34: Europe - Year-over-year growth 2020-2025 (%)
    • 7.5 APAC - Market size and forecast 2020-2025
      • Exhibit 35: APAC - Market size and forecast 2020-2025 ($ million)
      • Exhibit 36: APAC - Year-over-year growth 2020-2025 (%)
    • 7.6 South America - Market size and forecast 2020-2025
      • Exhibit 37: South America - Market size and forecast 2020-2025 ($ million)
      • Exhibit 38: South America - Year-over-year growth 2020-2025 (%)
    • 7.7 MEA - Market size and forecast 2020-2025
      • Exhibit 39: MEA - Market size and forecast 2020-2025 ($ million)
      • Exhibit 40: MEA - Year-over-year growth 2020-2025 (%)
    • 7.8 Key leading countries
      • Exhibit 41: Key leading countries
    • 7.9 Market opportunity by geography
      • Exhibit 42: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • Exhibit 43: Impact of drivers and challenges
      • 8.3 Market trends

        9 Vendor Landscape

        • 9.1 Overview
          • Exhibit 44: Vendor landscape
        • 9.2 Landscape disruption
          • Exhibit 45: Landscape disruption
          • Exhibit 46: Industry risks

        10 Vendor Analysis

        • 10.1 Vendors covered
          • Exhibit 47: Vendors covered
        • 10.2 Market positioning of vendors
          • 10.3 3M

            101 10.4

            103 10.5

            105 10.6

            108 10.7

            110 10.8

            113 10.9

            116 10.10

            118 10.11

            120 10.12

            122 11.

            124 11.1

            125 11.2

            126 11.3

            128 11.4

            Research Framework

            Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

            TechnavioINFORMATION SOURCES

            Primary sources

            • Manufacturers and suppliers
            • Channel partners
            • Industry experts
            • Strategic decision makers

            Secondary sources

            • Industry journals and periodicals
            • Government data
            • Financial reports of key industry players
            • Historical data
            • Press releases
            Technavio

            TechnavioDATA ANALYSIS

            Data Synthesis

            • Collation of data
            • Estimation of key figures
            • Analysis of derived insights

            Data Validation

            • Triangulation with data models
            • Reference against proprietary databases
            • Corroboration with industry experts
            Technavio

            TechnavioREPORT WRITING

            Qualitative

            • Market drivers
            • Market challenges
            • Market trends
            • Five forces analysis

            Quantitative

            • Market size and forecast
            • Market segmentation
            • Geographical insights
            • Competitive landscape
            Interested in this report?
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            Smart Personal Protective Equipment (PPE) Market market growth will increase by $3.26 bn during 2021-2025.
            The smart personal protective equipment (ppe) market market is expected to grow at a CAGR of 15.54% during 2021-2025.
            Technavio has segmented the smart personal protective equipment (ppe) market market by end-user (firefighting industry, manufacturing industry, construction industry, oil and gas industry, and mining industry) ,geography (North America, Europe, APAC, South America, and MEA) , and geographic (North America, Europe, APAC, South America, and MEA).
            3M Co., Ansell Ltd., Baker Hughes Co., Delta Plus Group, DuPont de Nemours Inc., Honeywell International Inc., Intellinium, Kimberly-Clark Corp., MCR Safety, Radians Inc. are a few of the key vendors in the smart personal protective equipment (ppe) market market.
            North America will register the highest growth rate of 40% among the other regions. Therefore, the smart personal protective equipment (ppe) market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
            The key factors driving the smart personal protective equipment (ppe) market market growth are:
            • Risks of physical injuries in labor-intensive industries
            • Growing distribution through retail and online channels
            The smart personal protective equipment (ppe) market market vendors should focus on grabbing business opportunities from the firefighting industry segment as it accounted for the largest market share in the base year.
            • What are the key global market and the regional market share?
            • What are the revenue-generating key market segments?
            • What are the key factors driving and challenging this market’s growth?
            • Who are the key market vendors and their growth strategies?
            • What are the latest trends influencing the growth of this market?
            • What are the variables influencing the market growth in the primary regions?
            • What are the factors influencing the growth of the parent market?
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            • Parent market analysis
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            • Detailed vendors report with competitive landscape
            • Covid-19 impact and recovery analysis
            • Data on revenue-generating market segments
            • Details on the market shares of various regions
            • Five-force market analysis

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