Industrial Safety Gates Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Technavio has been monitoring the industrial safety gates market and it is expected to grow by $ 104.53 mn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking
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Industrial Safety Gates Market: Key Trends to impact market growth
The manufacturing industry involves activities such as moving objects from enclosed to open areas and access to a hazardous area of work through a restricted entrance. Manufacturing premises have numerous ladder access points. This makes the manufacturing area prone to occupational hazards such as falling and slipping over electrical equipment and inadequately guarded machines. To avoid such hazards industries are installing industrial safety gates, further augmenting the growth of the industrial safety gates market. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.
Industrial Safety Gates Market: Top Drivers to Boost Demand
Provision of self-closing and opening of gates is key in driving the industrial safety gates market growth. Industrial safety gates provide a safe mode of movement through a restricted space. Additionally, safety gates come with safety features that define a type. Automated safety gates are increasingly used in industrial premises such as manufacturing plant entrances, telecommunication facilities, energy, and water treatment plants, thereby boosting the industrial safety gates market growth. There are several vendors in the market offering automated safety gates, which is further contributing to the growth of the industrial safety gates market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business.
Vendor Analysis: ARA Group Ltd., Benko Products Inc. and Kee Safety Inc. are key growth contributors
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. ARA Group Ltd., Benko Products Inc., Kee Safety Inc., Linkcare Ltd. , Mezzanine Safeti-Gates Inc., PS Industries Inc., Safety Rail Co. LLC, Tractel, U.S. Netting Inc., and Wilcox Door Service Inc. are some of the major market participants.
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Industrial Safety Gates Market: Key Highlights of the Report for 2021-2025