North America Electrical Safety Products Market Analysis

North America Electrical Safety Products Market Analysis

Based on product type, the personal protective equipment product type segment was worth over USD 10.55 billion in 2023 and expected to reach around USD 18.33 billion by 2032. Personal Protective Equipment (PPE) refers to a variety of items meant to protect workers against electrical risks. There is a growing trend towards the usage of smart PPE that includes sensors and Internet of Things (IoT) technologies to monitor safety in real time and improved security through real-time data collecting and monitoring, resulting in faster reactions to possible dangers.
 

On the other hand, Testing and measurement equipment is critical to ensure the safety and proper operation of electrical systems. There is a growing adoption of digital and wireless technology to improve accuracy and convenience in testing and measuring. LOTO products are used to ensure that machines and equipment are correctly turned off and cannot be started again until maintenance or repair work is done. There is a trend towards increasing usage of complete lockout/tagout programs that include a variety of devices and procedures. Improved safety practices have lowered the likelihood of inadvertent equipment startup, resulting in fewer worker injuries.
 

Based on voltage, the high voltage [Above 36kV] segment accounted for revenue of around USD 7.78 billion in 2023 and likely to cross USD 13.18 billion by 2032. Expansion and upgrade of high-voltage transmission networks to meet rising electricity demand and renewable energy distribution. Significant investment in high-voltage safety items such as insulating barriers, switchgear, and specialist personal protective equipment (PPE). Long-distance power transmission is increasingly being carried out using HVDC systems.
 

On the other hand, there is a growing trend towards industrial automation and smart grids. Expanding industrial automation and implementing smart grid technology. Demand for modern medium voltage safety solutions such as smart switchgear, protective relays, and monitoring systems to improve grid dependability and safety. Furthermore, there is an increased use of portable electrical devices. The widespread use of portable electrical equipment in both household and commercial settings is increasing demand for low voltage safety products. Surge protectors, circuit breakers, and personal protective equipment (PPE) intended for low voltage applications are in high demand.
 

US dominated the North America electrical safety products market with revenue of around USD 13.27 billion in 2023 and is predicted to hit USD 23,44 billion by 2032. In U.S., there is strict regulatory safety standard set by the Occupational Safety and Health Association (OSHA) OSHA requires that almost all electrical devices and cables in workplaces meet the relevant UL standards and that these are listed / certified by a nationally recognized testing laboratory (NRTL). There is a high demand for high-quality electrical safety goods such as insulated tools, arc flash protective gear, and ground fault circuit interrupters (GFCIs) to assure compliance and reduce workplace accidents.
 

On the other hand, rising incidents has surged the demand for safety requirement and awareness among people in the U.S. Smart personal protection equipment (PPE) with integrated sensors and Internet of Things (IoT) technologies is becoming more popular. Increased real-time monitoring of worker safety, resulting in faster reactions to possible electrical dangers and overall safer work conditions.
 

Country Level Analysis

In terms of country US dominating with the overall market share of around 82% in the North America electrical safety products market. In U.S., there is strict regulatory safety standard set by the Occupational Safety and Health Association (OSHA) OSHA requires that almost all electrical devices and cables in workplaces meet the relevant UL standards and that these are listed / certified by a nationally recognized testing laboratory (NRTL).
 

There has also been a surge in the number of electrical hazard incidents in the U.S., which drives the demand for these electrical safety products. According to the U.S. Bureau of Labor Statistics, there were 5,486 fatal work injuries recorded in the United States in 2022, a 5.7% increase from 5,190 in 2021. Technological innovation is a major driver of the electrical safety goods industry. Advancements in materials science and production methods have resulted in the creation of more effective and lasting safety devices.
 

The Canada electrical safety products market expressing notable growth rate of around 5.6% in 2023. According to Electrical Safety Authority in Canada, between 2018 and 2022, powerline contact caused 50% of non-occupational fatalities. Over the last ten years, at least one electrical trade worker has suffered a critical accident each year.
 

The Canadian Centre for Occupational Health and Safety (CCOHS) sets rigorous guidelines for electrical safety in the workplace. Thers is an increasing demand for compliant electrical safety gear, such as flame-resistant clothing, arc flash protection suits, and insulated tools.