The market for smart PPE technology was worth USD 2.74 billion in 2020. The Smart PPE Technology Market is anticipated to expand at a CAGR of 16.4% from USD 3.13 billion in 2021 to USD 9.05 billion in 2028. The COVID-19 pandemic’s effects have been unprecedented and staggering on a global scale, with smart PPE solutions experiencing a surge in demand in every region. Our analysis shows that the global market will grow significantly by 13.6% in 2020 compared to year-over-year growth between 2017 and 2019. The demand and growth of this market, which will eventually reach pre-pandemic levels once the pandemic is over, is what is responsible for the steady increase in CAGR.
A wearable device called smart personal protective equipment (PPE) has advanced technologies built in that monitor and gather data in real time to improve the security of industry and frontline workers. Smart sensors, connected devices, and other cutting-edge digital technologies help in the detection and transmission of real-time alerts as well as the collection of data for further analysis. To ensure a secure workplace and employees’ well-being, the rising number of accidents and fatalities across industries is predicted to increase demand for smart PPE technology. For instance, over 22 million workers in the United States are subjected to hazardous conditions like loud noise, dust, chemicals, metal particles, and more.
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Key Industry Players in the Smart PPE Technology Market:
Key market players like Uvex Group, Ansell Ltd., DuPont de Nemours Inc., Intellinium, MCR Safety, Vuzix Corporation, Seebo Interactive Ltd., Dragerwerk AG & Co. KGaA, Corvex Connected Worker, and Ergodyne Corporation, among others, are concentrated on creating and providing various types of personal protective equipment solutions through various growth strategies in order to achieve the greatest market share.
Profield Companies on the Key Companies List:
- uvex Group (Fürth, Germany)
- Ansell Ltd. (Richmond, Australia)
- DuPont de Nemours Inc. (Delaware, U.S.)
- Intellinium (d’Azur, France)
- MCR Safety (Fürth, Germany)
- Vuzix Corporation (New York, U.S.)
- Seebo Interactive LTD. (California, United States)
- Dragerwerk AG & Co. KGaA (Lübeck, Germany)
- Corvex Connected Worker (Minnesota, U.S.)
- Ergodyne Corporation (Minnesota, U.S.)
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Report on the Smart PPE Technology Market’s Scope and Segmentation
By Product Type Analysis
Based on product type, the global market has been segmented into smart safety gloves, smart shoes, smart eyewear, smart protective clothing, smart earmuffs/plugs, smart respirators, and others.
Over the course of the forecast, the smart glove is anticipated to dominate the market. This market segment consists of smart gloves provided by various market participants, such as DuPont Kevlar smart gloves offered by MCR Safety, Tychem Gloves NT420, NT430, NT470, and NT480 offered by DuPont de Nemours Inc., and ProFlex 9003 Certified Lightweight Anti-Vibration Gloves by Ergodyne, among others. Smart gloves are frequently used as personal protective equipment in a variety of sectors, including manufacturing, chemical, and pharmaceutical.
By Application Analysis
The market is divided into categories for healthcare and medical, fitness and wellness, infotainment, industrial, military, and others based on application.
During the forecast period, the industrial sector is anticipated to lead in the adoption of smart PPE technology. The adoption of this technology is prompted by the expansion of employee safety laws and regulations, such as Occupational Health and Safety (OHS). Industries are analyzing and minimizing other accidents using the data gathered from smart technology. For instance, the control room receives all user data from DAQRI’s smart construction helmet, including information about the immediate environment, the users’ current locations, and their activities. This keeps track of each worker’s movement and aids in maintaining a safe environment.
By Region Analysis
Geographically, there are five main regions that make up the global market: North America, Asia Pacific, Europe, South America, and the Middle East & Africa.
FAQs for the Smart PPE Technology Market Report
How much will the global smart PPE technology market be worth in 2028?
According to Fortune Business Insights, the global market is expected to reach USD 9.05 billion by 2028.
Who are the major players in this market?
- uvex Group, Ansell Ltd., DuPont de Nemours Inc., Intellinium, MCR Safety, Vuzix Corporation, Seebo Interactive LTD., Dragerwerk AG & Co. KGaA, Corvex Connected Worker, Ergodyne Corporation are some of the top companies in the market.
How is the global smart PPE technology market expected to grow in the next five years?
The global market is expected to showcase exponential growth in upcoming years and is expected to register a CAGR of 16.4% during the forecast period (2021-2028).
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