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Tool Tethering Market Size
- Report ID: GMI5314
- Published Date: Aug 2022
- Report Format: PDF
Tool Tethering Market Size
Tool Tethering Market size was valued at over USD 240 million in 2021, driven by an increasing focus towards worker safety in workplaces. The industry is expected to record 10% CAGR through 2030.
Stringent regulatory norms regarding workplace conditions and worker safety in North America are emerging as primary drivers for the growth of the tool tethering market. According to the U.S. Bureau of Labor Statistics, around 4,764 work-related fatal injuries were recorded in the United States in 2020. Furthermore, the U.S. Department of Labor (DOL) has implemented the Occupational Safety and Health Act (OSHA) which provides workplace safety and reviews work-related illnesses and injuries.
| Report Attribute | Details |
|---|---|
| Base Year: | 2021 |
| Tool Tethering Market Size in 2021 : | USD 240 million |
| Forecast Period: | 2022 to 2030 |
| Forecast Period 2022 to 2030 CAGR: | 10% |
| 2030 Value Projection: | USD 590 million |
| Historical Data for: | 2017 to 2021 |
| No. of Pages: | 255 |
| Tables, Charts & Figures: | 253 |
| Segments covered: | Product, Application, Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Tool Tethering Market Scope
