Electrical Safety PPE Market to Surpass $20 Billion by 2025
The Electrical Safety PPE Market size is expected to surpass USD 20 billion, according to a new research report by Global Market Insights. A focus on overall superior workplace safety will drive the market growth.
A new research report by Global Market Insights, Inc. states that the Electrical Safety PPE Market size is predicted to surpass USD 20 billion by 2025.
Some of the qualities boosting the market are overall superior workplace safety and growing manufacturer focus toward aesthetic appearance, customer comfort, and safety. These focuses will increase safety equipment adoptions, and therefore, drive the electrical safety PPE market size.
On a smaller scale, the U.S. electrical PPE industry size may surpass USD 6.5 billion by 2025. The product demand will come from stringent safety regulations including OSHA general industry standards 1910.137. These standards address electrical protective equipment requirements for different processes.
Raw material supply deficit due to strict quality requirements are likely to hinder product demand because it has raised raw material cost supported by growing product replication owing to low case safety equipment procurement. Furthermore, complicated manufacturing processes to comply with strict safety regulations may restrain industry gains, thus affecting electrical safety device market price course.
Arc rated hoods, which are predominantly used for protection from electrical arc flash and flash fire hazards, are expected to experience a large amount of growth through this 5-year period. By 2025, electrical safety PPE market size from arc rated hoods may witness substantial growth over 5.5 percent.
In China, low, medium, and high voltage insulating gloves in manufacturing sector owing to superior dielectric, physical strength, and flexibility properties will drive the market. In addition, the Chinese manufacturing industry will experience growth due to Made in China 2025 initiative. The initiative should increase in land production, which will then drive regional industry growth. The growth may exceed USD 650 million by the end of 2025.
In the United States, automotive application, which is predominantly used in automotive industries owing to prevent conducted and radiated hazards, is expected to drive the electrical PPE market size. Monetarily, it may surpass USD 250 million by the end of 2025.
Lastly, the oil and gas sector will most likely observe strong gains because of its usage against arc flash, explosion and electric shock hazards caused by low voltage motors, medium voltage machinery and distribution board.