This publication has been discontinued on July 19, 2011.
Abstract
Price-sensitive End-users Compromising on Quality Poses Challenges to the Fall
Protection Equipment Markets
Price-sensitive end-users in the fall protection equipment markets are
spurring demand for low-line products, forcing market participants to
re-evaluate their product portfolios. The obligation, especially of medium and
small-sized companies, to comply with the standards set by the Occupational
Safety and Health Administration (OSHA) has encouraged the introduction of
cheaper equipment that have lower production costs and also compromise on
quality. To compete within the market, larger manufacturers are offering a
minimal price 'compliance' product lines along with their original offerings.
This Frost & Sullivan research service examines the U.S. markets for fall
protection equipment. It provides detailed insights into recent developments
and trends. The study also discusses the prevailing market drivers, industry
challenges, and offers an overview of the market shares and revenues.
Increasing Consumer Awareness and Stringent Safety Regulations Expected to
Bolster the Market
New, stringent standards within the fall protection equipment industry, along
with major changes in end-user attitudes will drive the market and make fall
protection a more highly regarded investment. OSHA is adopting various methods
of increasing awareness among end-users concerning the safety merits of using
this equipment as well as the consequences of failing to do so. Educating
apprentices and new employees, conducting internal sessions for existing
employees, and disseminating information through aggressive marketing are all
part of the awareness raising process.
"Firsthand experience is also proving to be a great force in creating demand.
As end-users, themselves, encounter mishaps, through personal experience or
through that of a co-worker or friend, they begin to appreciate that such
incidents could well have been avoided by utilizing proper fall protection
equipment," says the analyst of the research service.
Product Differentiation and Third-party Certification Likely to Positively
Affect the Markets
A number of companies in the U.S. fall protection equipment market are
reducing prices to lure business away from their competition. With enterprises
struggling to optimize resources and rise above shrinking profit margins,
companies that can differentiate their products and services from those of
their competitors are more likely to succeed.
In addition, the larger manufacturers are advocating for third-party
certification standards for the industry. "This can increase the product
expense for smaller participants as well as extend the time required to get
the product to the market," says the analyst. "If the trend toward supplier
consolidation continues, then the prospect of third-party certification is
likely to increase as well, thereby magnifying the challenges to smaller
manufacturers."
Table of Contents
- 1. Executive Summary
- 1. Introduction to the U.S. Market for Fall Protection Equipment
- 1. Introduction
- 2. Definition
- 3. Research Methodology
- 4. Summary of Findings
- 2. Total Fall Protection Equipment Market Analysis
- 1. Market Overview
- 1. Total Fall Protection Equipment Market Engineering Measurements
- 2. Impact of Regulations
- 2. Overall Market Drivers and Restraints
- 1. Market Drivers
- a. Insurance Company Requirements
- b. Liability Fears
- c. Declining Prices
- d. Prevention of Downtime
- e. Increasing Awareness of Standards
- f. Wider Audience Marketing
- 2. Market Restraints
- a. Lack of Occupational Safety & Health Administration (OSHA)
Enforcement
- b. Minimal, Low-end Compliance
- c. Saturated Market
- d. Lack of Knowledge Leaves Gaps in Market
- e. Attitudes of Pride Curb Usage
- 3. Market Forecast
- 1. Revenue Forecast and Growth Rates
- 2. Total Market Share Analysis
- 3. Competitive Analysis
- 3. Market Overview and Forecasts of The Soft Goods Fall Protection
Equipment Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Definition
- 3. Market Engineering Measurements
- 4. Market Share
- 5. Revenue Forecasts
- 6. Competitive Structure
- 4. Market Overview and Forecasts of The Hard Goods Fall Protection
Equipment Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Definition
- 3. Market Engineering Measurements
- 4. Market Share
- 5. Revenue Forecasts
- 6. Competitive Structure
- 5. Market Overview and Forecasts of The Turnkey Systems Fall Protection
Equipment Market
- 1. Market Overview and Definitions
- 1. Market Overview
- 2. Market Definition
- 3. Market Engineering Measurements
- 4. Market Share
- 5. Revenue Forecasts
- 6. Competitive Structure
- 6. Frost & Sullivan Awards
- 1. 2005 Product Innovation (Hard Goods) of The Year Award
- 1. 2005 Product Innovation (Hard Goods) of The Year Award
- 2. 2005 Technology Innovation of The Year Award
- 1. 2005 Technology Innovation of The Year Award
- 3. 2005 Product Innovation (Soft Goods) of The Year Award
- 1. 2005 Product Innovation (Soft Goods) of The Year Award
- 4. 2005 Market Leadership of The Year Award
- 1. 2005 Market Leadership of The Year Award
- 7. Statistical Data
- 1. Statistical Data
- 1. Type of Fatal Occupational Falls
- 2. Type of Fatal Occupational Falls to a Lower Level
- 3. Type of Fatal Occupational Falls to The Same Level
- 4. Fatal Occupational Falls as a Percentage by Occupation
- 5. Fatal Occupational Falls as a Percentage by Employee Status
- 6. Fatal Occupational Falls as a Percentage by Gender
- 7. Fatal Occupational Falls as a Percentage by Age Range
- 8. Fatal Occupational Falls as a Percentage by Race or Ethnic Origin
- 9. Manner in Which Workplace Fatalities Occurred
- 10. Occupations in the Private Construction Industry with the Highest
Number of Fatalities
- 8. Decision Support Databases
- 1. Fatal Occupational Injuries by Falls in Private Industry Divisions
- 1. Fatal Occupational Injuries by Falls in Private Industry Divisions
- 2. Non Fatal Occupational Injuries by Falls and Number of Days Away From
Work
- 1. Non Fatal Occupational Injuries by Falls and Number of Days Away
From Work
- 3. Fatal Occupational Injuries Due to Falls
- 1. Fatal Occupational Injuries Due to Falls
- 4. Non Fatal Occupational Injuries Due to Falls
- 1. Non Fatal Occupational Injuries Due to Falls
- 5. Non Fatal Occupational Injuries Due to Falls by Industry
- 1. Non Fatal Occupational Injuries Due to Falls by Industry
- 6. Non Fatal Occupational Injuries by Sprains Strains Fractures and
Amputations
- 1. Nonfatal Occupational Injuries by Sprains Strains Fractures and
Amputations
List Of Figures
Chapter 1
- Total Fall Protection Equipment Market: Market Overview (U.S.), 2004
Chapter 2
- Total Fall Protection Equipment Market: Market Drivers Ranked in Order of
Impact (U.S.), 2005-2011
- Total Fall Protection Equipment Market: Market Restraints Ranked in Order
of Impact (U.S.), 2005-2011
- Total Fall Protection Equipment Market: Revenue Forecasts (U.S.), 2004-2011
Chapter 3
- Soft Goods Fall Protection Equipment Market: Competitive Structure (U.S.),
2004
- Soft Goods Fall Protection Equipment Market: Revenue Forecasts (U.S.),
2004-2011
- Soft Goods Fall Protection Equipment Market: Market Share of Major Market
Participants (U.S.), 2004
Chapter 4
- Hard Goods Fall Protection Equipment Market: Competitive Structure (U.S.),
2004
- Hard Goods Fall Protection Equipment Market: Revenue Forecasts (U.S.),
2004-2011
- Hard Goods Fall Protection Equipment Market: Market Share of Major Market
Participants (U.S.), 2004
Chapter 5
- Turnkey Systems Fall Protection Equipment Market: Competitive Structure
(U.S.), 2004
- Turnkey Systems Fall Protection Equipment Market: Revenue Forecasts
(U.S.), 2004-2011
- Turnkey Systems Fall Protection Equipment Market: Market Share of Major
Market Participants (U.S.), 2004
