Arc Flash Protective Clothing Market Size, Share Global Analysis Report, 2020–2026

Industry Insights

According to the report published by Facts & Factors, the global Arc Flash Protective Clothing market size was worth around USD 2100 million in 2019 and is predicted to grow to around USD 3200 million by 2026 with a compound annual growth rate (CAGR) of roughly 5% between 2020 and 2026. The report analyzes the global Arc Flash Protective Clothing market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Arc Flash Protective Clothing market.

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the arc flash protective clothing market. The report analyzes and declares the historical and current trends analysis of the arc flash protective clothing industry and subsequently recommends the projected trends anticipated to be observed in the arc flash protective clothing market during the upcoming years.

The arc flash protective clothing market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire arc flash protective clothing market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of value (USD Million) and volume (K Units) from FY 2016 – 2026.

Key Insights from Primary Research

• As per our primary respondents, the China arc flash protective clothing market is set to grow annually at a rate of around 6.0%
• It was established through primary research that the China arc flash protective clothing market was valued at more than USD 150.00 million in 2019
• The robust industrialization in China is supposed to display the highest growth in the regional market as it is one of the developed economies.
• Increasing urbanization is supposed to fuel market growth. Companies are supposed to invest in R&D to innovate better products. Product invention will open new opportunities for arc flash protective clothing and thus is expected to propel the industry demand in the upcoming years.
• The “Tops” category, on the basis of type segmentation, was the leading revenue-generating category accounting for more than 50.0% share, in 2019.
• The “Oil & Gas and Mining” category, on the basis of type segmentation, was the leading revenue-generating category accounting for more than 30.0% share, in 2019.
• The “Direct Sales” category, on the basis of sales channel segmentation, was the leading revenue-generating category accounting for more than 50.0% share, in 2019.

Key Recommendations from Analysts

• The growing popularity of arc flash protective clothing as the protective cloth used to help the workers in the manufacturing industries in various countries across the globe is increasing the demand for the arc flash protective clothing segment. The worker can work safely and any risks associated with the arc flash events can be hugely reduced by using them at all times dealing with systems involving high heat and/or currents.
• Asia Pacific region is anticipated to have a larger share of the arc flash protective clothing market in the upcoming years.
• China's arc flash protective clothing market is anticipated to rise at the highest rate between 2020 and 2026.
• Growing at a CAGR of around 6.0%, China's arc flash protective clothing and mining market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “Tops”, “Oil & Gas and Mining”, and “Direct Sales” categories as the leading investment pockets for arc flash protective clothing and mining market in terms of type, application, and sales channel segmentation respectively

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the arc flash protective clothing industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the arc flash protective clothing industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the arc flash protective clothing market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the arc flash protective clothing industry. The arc flash protective clothing market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the arc flash protective clothing sector. Key strategic developments in the arc flash protective clothing market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the arc flash protective clothing market are appropriately highlighted in the report.

The global arc flash protective clothing market is experiencing significant growth that is expected to continue over the upcoming years. A massive rise in the demand for arc flash protective clothing in oil & gas, metallurgy, and electrical power industries is likely to act as a key driver of the global arc flash protective clothing market.

Report Scope

Regional Analysis:

The arc flash protective clothing market research report delivers an acute valuation and taxonomy of the arc flash protective clothing industry by practically splitting the market on the basis of different types, applications, sales channels, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

The regional segmentation of the arc flash protective clothing industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the arc flash protective clothing industry is provided for the leading economies of the world.

The arc flash protective clothing market is segmented based on type, application, and sales channel. On the basis of type segmentation, the market is classified into tops and bottoms. In terms of application segmentation, the market is bifurcated into automotive, transportation and infrastructure, utility, pharmaceutical industry, etc.). In terms of sales channel segmentation, the market is bifurcated into direct channel and indirect channels.

Some of the essential players operating in the arc flash protective clothing market, but not restricted to include,

• Honeywell
•  DuPont
•  TaraSafe
•  Lakeland Industries
•  Chicago Protective Apparel
•  Bulwark
•  Oberon Company
•  National Safety Apparel
•  Stanco Safety Products
•  U. Protec Apparel Tech
•  Steel Grip Inc
•  ProGARM
•  American Safety Clothing
•  STRATA Protection

The taxonomy of the Arc flash protective clothing market by its scope and segmentation is as follows:

Global Arc flash protective clothing Market: By Type Analysis (Customizable)

• Tops
• Bottoms

Global Arc flash protective clothing Market: By Application Analysis (Customizable)

• Oil & Gas and Mining
• Electric Power
• Metallurgy
• Military
• Others (Automotive, Transportation and Infrastructure, Utility, Pharmaceutical Industry, etc.)

Global Arc flash protective clothing Market: By Sales Channel Analysis (Customizable)

• Direct Channel
• Indirect Channel

Global Arc flash protective clothing Market: By Regional Segmentation Analysis (Customizable)

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa