Report : Asia Pacific Electrical Protective Equipment Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Products (Insulated Tools, Face and Eye Protection, Respiratory Protection, Protective Apparels, Head Protection, and Others); End-user (Manufacturing, Construction, Oil & Gas, Healthcare, Transportation, and Others), and Country
In terms of product, face and eye protection segment to DominateAsia-Pacific Electrical protective equipment Marketduring 2020–2027
According to our new market research study on “Asia-PacificElectrical protective equipmentMarketto 2027 – Regional Analysis and Forecast by Product, and End User,”the market is expected to reach US$ 4039.2 Mnby 2027 from US$ 3,053.98Mn in 2019; it is estimated to grow at a CAGR of 3.7% from 2020 to 2027.Growth in power transmission projects across the globe will require electricians to wear electrical protection equipment at work locations. Furthermore, increase in electrical infrastructure projects worldwide is driving the use of electrical protective equipment among diversified industries.
The electrical protective equipment market, by product, is segmented intoinsulated tools, face and eye protection, respiratory protection, protective apparels, head protection, and others.Face and eye protection segment led the electrical protective equipment market. The increasing safety of workers has potentially surged the demand for numerous electrical protective equipment products, mainly face and eye protection equipment, which includes surgical masks, face shields, protective goggles, and respirators.
Ansell Limited, MSA Safety Incorporated, Delta Plus Group, Alpha Pro Tech Ltd, are among the leading companies in the Asia-Pacificelectrical protective equipmentmarket. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Alpha Pro Tech, Ltd announced that its Board of Directors has authorized a US$ 2.0 million expansion of the Company’s existing share repurchase program. Through this authorized expansion, the Company now has approximately $2.2 million available to repurchase shares of the Company’s common stock, $0.2 million of which remains from the previous expansion announced in December 2018.
Asia-Pacific : Electrical protective equipment Market, By Country, 2019 and 2027
The report segments the Asia-Pacific Electrical protective equipment marketas follows:
ByProduct
- Insulated Tools
- Face and Eye Protection
- Respiratory Protection
- Protective Apparels
- Head Protection
- Others
By End-User
- Manufacturing
- Construction
- Oil & Gas
- Healthcare
- Transportation
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC