The Asia-Pacific electrical protective equipmentmarket was valued at US$ 3,053.98million in 2019 and is projected to reach US$ 4,039.2million by 2027; it is expected to grow at a CAGR of 3.7% from 2020 to 2027.
Electrical protective equipment include insulated tools, face and eye protection tools, respiratory protection tools, protective apparels, and head protection tools, which protect the workers from electric shocks, electric blasts, and other hazards. The equipment is primarily used in the manufacturing, construction, oil & gas, healthcare, and transportation industries to ensure the protection of workers and engineers while working in the proximity of the electrical equipment. The rising awareness regarding workers’ safety and health, and the increasing industrial fatalities—primarily in oil & gas and mining industries—due to the lack of electrical protective equipment are the major factors that would continue to drive the electrical protective equipment market growth in the coming years
Advancements in technologies, accompanied by changing consumer needs for electrical protective equipment, is further expected to accelerate the market expansion. The rising investments in the electrical network, growth of the manufacturing sector, and regulations from associations such as the National Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) are among the other key factor contributing to the Asia Pacific Electrical Protective Equipment market growth.
The detailed reports include inventory and volume analysis, top-selling items, revenue and profit margin optimization, and staffing needs. With these features and technologies, vendors can attract new customers and expand their footprints in emerging markets. TheAsia-Pacific Electrical protective equipment market is expected to grow at a good CAGR during the forecast period from 2020 to 2027.
Rest of Asia-Pacific Electrical protective equipment Market Revenue and Forecasts to 2027 (US$ Mn)
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Asia-Pacific Electrical protective equipment Market–Segmentation
Asia-Pacific Electrical protective equipmentMarket,by Products
- Insulated Tools
- Face and Eye Protection
- Respiratory Protection
- Protective Apparels
- Head Protection
- Others
Asia-Pacific Electrical protective equipmentMarket,by End-User
- Manufacturing
- Construction
- Oil & Gas
- Healthcare
- Transportation
- Others
Asia-Pacific Electrical protective equipmentMarket,by Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Asia-Pacific Electrical protective equipment Market-Companies Mentioned
- Ansell Limited
- MSA Safety Incorporated
- Delta Plus Group
- ALPHA PRO TECH, LTD.
- Honeywell International Inc.
- 3M
- Mallcom (India) Limited
- Lakeland Industries Inc
- Cintas Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Products, End-user, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, China, Japan, South Korea
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electrical Protective Equipment Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 APAC
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Electrical Protective Equipment –Market Dynamics
5.1 Market Drivers
5.1.1 Emerging Power Line Transmission Projects
5.1.2 Dynamic Power Generation Industry
5.2 Market Restraints
5.2.1 High Price of Speciality Materials and Fabrics
5.3 Market Opportunities
5.3.1 Electrification of Rail Lines
5.4 Future Trends
5.4.1 Emergence of Smart Grid and Adoption of New Technologies
5.5 Impact Analysis of Drivers and Restraints
6. Electrical Protective Equipment Market – Asia-Pacific Analysis
6.1 Electrical Protective Equipment Market Asia-Pacific Overview
6.2 Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Billion)
7. Electrical Protective Equipment Market Analysis – By Products
7.1 Overview
7.2 Electrical Protective Equipment Market, By Products (2019 and 2027)
7.3 Insulated Tools
7.3.1 Overview
7.3.2 Insulated Tools: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Face and Eye Protection
7.4.1 Overview
7.4.2 Face and Eye Protection: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Respiratory Protection
7.5.1 Overview
7.5.2 Respiratory Protection: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Protective Apparels
7.6.1 Overview
7.6.2 Protective Apparels: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
7.7 Head Protection
7.7.1 Overview
7.7.2 Head ProtectionMarket Revenue and Forecast to 2027 (US$ Million)
7.8 Others
7.8.1 Overview
7.8.2 Others Market Revenue and Forecast to 2027 (US$ Million)
8. Electrical Protective Equipment Market Analysis – By End-User
8.1 Overview
8.2 Electrical Protective Equipment Market Breakdown, by End-User, 2019 & 2027
8.3 Manufacturing
8.3.1 Overview
8.3.2 Manufacturing Market Revenue and Forecast to 2027 (US$ Million)
8.4 Construction
8.4.1 Overview
8.4.2 ConstructionMarket Revenue and Forecast to 2027 (US$ Million)
8.5 Oil & Gas
8.5.1 Overview
8.5.2 Oil & GasMarket Revenue and Forecast to 2027 (US$ Mn)
8.6 Healthcare
8.6.1 Overview
8.6.2 HealthcareMarket Revenue and Forecast to 2027 (US$ Mn)
8.7 Transportation
8.6.1 Overview
8.6.2 Transportation Market Revenue and Forecast to 2027 (US$ Mn)
8.8 Others
8.6.1 Overview
8.6.2 Others Market Revenue and Forecast to 2027 (US$ Mn)
9. Asia-Pacific Electrical Protective Equipment Market – Country Analysis
9.1 APAC: Electrical Protective Equipment Market
9.1.1 APAC: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.2 APAC: Electrical Protective Equipment Market, by Products
9.1.3 APAC: Electrical Protective Equipment Market, by End-User
9.1.4 APAC: Electrical Protective Equipment Market, by Key Country
9.1.4.1 Australia: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.1.1 Australia: Electrical Protective Equipment Market, by Products
9.1.4.1.2 Australia: Electrical Protective Equipment Market, by End-User
9.1.4.2 China: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.2.1 China: Electrical Protective Equipment Market, by Products
9.1.4.2.2 China: Electrical Protective Equipment Market, by End-User
9.1.4.3 India: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.3.1 India: Electrical Protective Equipment Market, by Products
9.1.4.3.2 India: Electrical Protective Equipment Market, by End-User
9.1.4.4 Japan: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.4.1 Japan: Electrical Protective Equipment Market, by Products
9.1.4.4.2 Japan: Electrical Protective Equipment Market, by End-User
9.1.4.5 South Korea: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.5.1 South Korea: Electrical Protective Equipment Market, by Products
9.1.4.5.2 South Korea: Electrical Protective Equipment Market, by End-User
9.1.4.6 Rest of APAC: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
9.1.4.6.1 Rest of APAC: Electrical Protective Equipment Market, by Products
9.1.4.6.2 Rest of APAC: Electrical Protective Equipment Market, by End-User
10. Electrical Protective Equipment Market- COVID-19 Impact Analysis
10.1 Overview
10.2 Asia-Pacific
11. Industry Landscape
11.1 Market Initiative
11.2 New Development
12. Company Profiles
12.1 Ansell Limited.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MSA Safety Incorporated
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ALPHA PRO TECH, LTD
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Honeywell International Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 3M
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Mallcom (India) Limited
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 NSA - National Safety Apparel.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Lakeland Industries Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Mini-Circuits
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Cintas Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Billion)
Table 2. APAC: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 3. APAC: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 4. APAC: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 5. APAC: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 7. Australia: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 8. China: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 9. China: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 10. India: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 11. India: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 12. Japan: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 14. South Korea: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 15. South Korea: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 16. Rest of APAC: Electrical Protective Equipment Market, by Products – Revenue and Forecast to 2027 (US$ Million)
Table 17. Rest of APAC: Electrical Protective Equipment Market, by End-User – Revenue and Forecast to 2027 (US$ Million)
Table 18. List of Abbreviation
LIST OF FIGURES
Figure 1. Electrical Protective Equipment Market Segmentation
Figure 2. Electrical Protective Equipment Market Segmentation – By Country
Figure 3. Asia-Pacific Electrical Protective Equipment Market Overview
Figure 4. Face and Eye Protection Segment Held the Largest Share During Forecast Period
Figure 5. Manufacturing Held the Largest Share During Forecast Period
Figure 6. Asia-Pacific Electrical Protective Equipment Market, Industry Landscape
Figure 7. APAC: PEST Analysis
Figure 8. Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Electrical Protective Equipment Market Impact Analysis of Drivers and Restraints
Figure 11. Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Billion)
Figure 12. Electrical Protective Equipment Market Revenue Share, by Products (2019 and 2027)
Figure 13. Insulated Tools: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Face and Eye Protection: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Respiratory Protection: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Protective Apparels: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Head Protection Market Revenue and Forecast to 2027(US$ Million)
Figure 18 OthersMarket Revenue and Forecast to 2027(US$ Million)
Figure 19. Electrical Protective Equipment Market Breakdown, by End-User (2019 and 2027)
Figure 20. Manufacturing Market Revenue and Forecast to 2027(US$ Million)
Figure 21 Construction Market Revenue and Forecast to 2027(US$ Million)
Figure 22 Oil and Gas Market Revenue and Forecast to 2027(US$ Mn)
Figure 23 Healthcare to Electrical Protective EquipmentRevenue and Forecast to 2027(US$ Mn)
Figure 24 Transportation to Electrical Protective EquipmentRevenue and Forecast to 2027(US$ Mn)
Figure 25 Others to Electrical Protective EquipmentRevenue and Forecast to 2027(US$ Mn)
Figure 26 APAC: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27 APAC: Electrical Protective Equipment Market Revenue Share, by Products (2019 and 2027)
Figure 28 APAC: Electrical Protective Equipment Market Revenue Share, by End-User (2019 and 2027)
Figure 29 APAC: Electrical Protective Equipment Market Revenue Share, by Key Country (2019 and 2027)
Figure 30 Australia: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31 China: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 32 India: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33 Japan: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34 South Korea: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35 Rest of APAC: Electrical Protective Equipment Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
The List of Companies - Asia-Pacific Electrical Protective Equipment Market
- Ansell Limited
- MSA Safety Incorporated
- Delta Plus Group
- ALPHA PRO TECH, LTD.
- Honeywell International Inc.
- 3M
- Mallcom (India) Limited
- Lakeland Industries Inc
- Cintas Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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