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Tool Tethering Market Share

Report ID: GMI5314
Published Date: Aug 2022
Report Format: PDF

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Tool Tethering Market Share

Some of the key players operating in the tool tethering market include

Ergodyne
3M
MSA Company
Milwaukee
NLG
Stanley
FallTech
Buckingham Manufacturing Co Inc

Prominent companies are engaged in new product launches to strengthen their market position. Citing an instance, in May 2021, Ergodyne unveiled three new Squid tool lanyards, Squids 3121 Burn + Cut-Resistant Aramid Tool Lanyard - Dual Carabiners – 10lbs; Squids 3120 Burn + Cut-Resistant Aramid Tool Lanyard - Dual Loop Ends – 10lbs; Squids 3105 Single Carabiner Tool Lanyard – 15lbs. This move was intended to improve the product portfolio of the company.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The tool tethering market held a value of over USD 240 million in 2021 driven by rising concerns related to worker safety.

The coil lanyards product of the tool tethering industry is expected to generate USD 90 million by 2030 owing to favorable characteristics such as the ability to function in tight areas.

The construction application is expected to reach USD 170 million by 2030 with increased private investments in urban infrastructural development.

Ergodyne, 3M, MSA Company, Milwaukee, NLG, Stanley, FallTech., Buckingham Manufacturing Co Inc.