PUBLISHER: Allied Market Research | PRODUCT CODE: 1225117
PUBLISHER: Allied Market Research | PRODUCT CODE: 1225117
Employees are drawn to workplaces with few accidents and injuries. In such a setting, employees are happier and more productive. For both employers and employees, a safe workplace is crucial. Each and every employee has a right to feel safe at work. No matter the size of the business, workplace safety is crucial. All businesses, regardless of size, must prioritize safety in the workplace. Effective safety procedures safeguard both workers' safety and industrial equipment. Employers have a duty to safeguard their staff members and keep them secure.
Surge in as increase in adoption of rising rate of injuries and deaths at workplace and rise in investments by different government and private organization in the market primarily drive the growth of the workplace safety market. However, costly implementation and insufficiently qualified workers' compensation and health providers hamper the market growth to some extent. Moreover, new trends like smart PPE being introduced are expected to provide lucrative opportunities for the market growth during the forecast period.
The workplace safety market is segmented on the basis of component, system, deployment, application and end user. On the basis of component, it is segregated into hardware, software, and service. On the basis of system, it is divided into environmental health and safety, access control and surveillance system, real time location monitoring, and others. On the basis of deployment, it is bifurcated into on-premise and cloud. On the basis of application, it is classified into incident and emergency management, PPE detection, personal tracking and others. . On the basis of end user, it is segregated into energy and utilities, construction and engineering, chemical and materials, government and defense, healthcare, food and beverages and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include include HCL technologies, Hexagon ab, Honeywell International, Inc., IBM corporation, Intelex, INX Software, Microsoft Corporation, Vector Solution, Wolters KLuwer. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.
By Component
By System
By Deployment Mode
By Application
By End User
By Region