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North America Electrical Safety Products Market Share
Key players involve in the North America electrical safety products industry are 3M Company, Ansell Limited, DuPont, Honeywell International Inc., and Hubbell Incorporated accounting market share of 30-35% in 2023. Electrical manufacturers constantly develop new technologies to meet changing safety regulations, address growing risks, and improve the performance and usability of their products. Manufacturers are incorporating IoT technology and networking capabilities into electrical safety devices to allow for remote monitoring, control, and diagnosis. Arc flash incidents provide serious risks in electrical work applications, leading manufacturers to invest in improved arc flash prevention technology. This involves the development of arc-resistant switchgear, protective apparel, and equipment with advanced arc flash mitigation features including fast-acting relays and arc-resistant enclosures.
North America Electrical Safety Products Market Companies
Major companies operating in the North America electrical safety products industry include:
- 3M Company
- Ansell Limited
- Brady Corporation
- DuPont
- Honeywell International Inc.
- Hubbell Incorporated
- Leviton Manufacturing Co., Inc.
- Milliken & Company
- MSA Safety Incorporated
- National Safety Apparel, Inc.
- Oberon Company, Inc.
- Panduit Corporation
- Protective Industrial Products
- Saf-T-Gard International, Inc.
- Tyndale Company, Inc.
Why is the demand for personal protective equipment rising in North America?
North America electrical safety products industry from the personal protective equipment (PPE) product type segment will record USD 18.33 billion by 2032, due to the growing trend towards the usage of smart PPE that includes sensors and IoT technologies to monitor safety in real time and improved security through real-time data collecting and monitoring.
How big is the North America electrical safety products market?
The market size of North America electrical safety products was reached USD 17.2 billion in 2023 and is anticipated to register 5.8% CAGR between 2024 to 2032, owing to increased awareness about workplace safety requirements, improvements in technology, and increased expenditures in infrastructure.
How large is the U.S. electrical safety products market?
U.S. electrical safety products industry size crossed USD 13.27 billion in 2023 and may reach USD 23.44 billion by 2032, owing to 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.
Which are the leading electrical safety product companies in North America?
3M Company, Ansell Limited, Brady Corporation, DuPont, Honeywell International Inc., Hubbell Incorporated, Leviton Manufacturing Co., Inc., Milliken & Company, MSA Safety Incorporated, National Safety Apparel, Inc., and Oberon Company, Inc., among others