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The personal protective equipment market size for aerospace and aviation industry has the potential to grow by USD 241.49 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (hearing protection, protective clothing, foot and arm protection, head eye and face protection, respiratory protection, and fall protection) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M, Ansell, DuPont de Nemours Inc., Elacin International B.V., Honeywell International Inc., KIMBERLY-CLARK Corp., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Incorporated, Phonak Communications AG, and Rhine Air.
The market is concentrated. KIMBERLY-CLARK Corp., Magid Glove & Safety Manufacturing Co. LLC, MSA Safety Incorporated, Phonak Communications AG, and Rhine Air are some of the major market participants. Although the increased investments in the aviation industry in India will offer immense growth opportunities, the cost and functionality trade-off will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this personal protective equipment market forecast report for aerospace and aviation industry provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this personal protective equipment market analysis report for aerospace and aviation industry also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
APAC will offer several growth opportunities to market vendors during the forecast period. The growing investments in the aviation industry, especially in India, will significantly influence the personal protective equipment market share for aerospace and aviation market in this region.
Over 35% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for personal protective equipment for the aerospace and aviation industry in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Market growth by the hearing protection segment will be faster than the growth of the market by the other segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the personal protective equipment market size for aerospace and aviation market.
The global PPE market for aerospace and aviation industry will grow at a steady rate and post a CAGR of more than 4% during the forecast period. The increasing number of investments in the aviation industry in India will drive the growth prospects for the global PPE market for the aerospace and aviation industry. Some of the major factors responsible for the market’s growth is the increasing number of investments in the aviation industry in India due to the growing focus on infrastructural development and the focus on increasing the number of operational airports to 250 by the end of 2020. Additionally, as per the Make in India campaign, around 300 business jets and small aircraft and 250 helicopters are expected to be added to the current fleet of Indian carriers by the next five years, which in turn, will boost the demand for personal protective equipment (PPE).
Advances in technology will also have a significant impact on the growth of the market. One of the major technological advances in the aerospace and aviation industry is the app-based service for worker protection, equipment replacements, and quick-response situations. Technological advancements will be one of the major personal protective equipment market trends in the aerospace and aviation industry that will gain traction during the forecast period.
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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