SecurityWorldHotel

05/01/2017

Construction market recovery boosts protective equipment sales

London, UK

Renewed interest in the residential and infrastructure sector in Western Europe is giving a much-needed boost to the construction personal protective equipment (PPE) market. With low compliance levels in the residential sector, PPE manufacturers stand to gain immensely by raising awareness of the importance of safety and offering value-added services. However, in a traditionally cost-sensitive market, they need to achieve a fine balance between innovation and affordability.

“In its attempt to address the rising customer demand for higher convenience and comfort, the construction PPE market is likely to become more consolidated,” said Frost & Sullivan Mobility Research Analyst Siddharth Anand Sainath. “Greater adoption of sophisticated products, especially for eye, face and fall protection, is likely to reduce the impact of private labels on product prices , as well as drive industry-specific innovation.”

Analysis of the Western European Construction PPE Market, from Frost & Sullivan’s Future of Personal Protective Equipment (PPE) Growth Partnership Subscription, explores opportunities for head, eye, face, hearing, respiratory, and hand protection; high-visibility clothing; protective footwear; and fall protection equipment across Germany, France, Italy, the UK and Ireland, Scandinavia, Iberia, Benelux and Alpine.

Western European markets are currently in a state of flux following Britain's exit from the European Union, and this, along with the volatility of raw materials costs and availability, is expected to dampen the market. Furthermore, as the majority of the construction workforce in the UK comprises of immigrants, therefore Brexit is expected to result in increased labour costs and thereby lower construction output.

One way to deal with the current market uncertainty is to offer a comprehensive product portfolio with the right mix of novel product features and attractive price points, as demonstrated by Honeywell. Similarly, 3M has responded to the intensifying demand for fall protection PPE by strategically acquiring Capital Safety.

“Overall, in spite of all the internal and external challenges, the residential sector is proving a lucrative investment area in the wake of the refugee crisis and the numerous home loan incentives offered by various governments,” noted Sainath. “Infrastructure and civil engineering sectors are also likely to stoke demand for construction PPE due to the focus on improving and modernizing transportation and manufacturing infrastructure across Western Europe.”


Tags

Product News

Dahua Nvidia partnership offers Deep Sense smart video server

The “Deep Insight, Deep Cooperation” – Dahua Smart GPU Product Release Conference was held in Hangzhou in March. Together with Nvidia, a world-leading Artificial Intelligence (AI) computing company, Dahua released the Deep Sense server for smart video structure analysis, designed with extremely high computing capability. Mr. Yang Yinchang, General Manager of Dahua R&D Center, Dr. Pan Shizhu, President of Dahua Institute of Advanced Technology, as well as Mr. Shen Wei, VP of Nvidia participated in the new product release conference.

Business News

The key to successful safe cities is a collaborative approach

For the first time in history, more people around the world live in cities than in rural areas. By 2030, over 60 percent of the world’s population will be living in cities. While this global migration to urban areas improves the living standards, health and financial prosperity of these citizens, it brings challenges to a city’s infrastructure, resources, security procedures and emergency response systems. Meeting these challenges is critical to the success of cities in the decades that follow, and IHS Markit analysts have produced a market insight report exploring the potential benefits of the Safe City concept.

Business News

Multi-factor authentication market strengthens with growing cyber threats

According to the latest market research report from Marketsandmarket the multifactor authentication market  is expected to grow at a CAGR of 15.52% to reach USD 12.51 Billion by 2022. Factors such as an increase in data breaches and cyber attacks, stringent regulations and the growing pressure of data security compliances, and the growing adoption of BYOD concept among enterprises are driving the growth of the multifactor authentication market.

Business News

Cyber security focus for Israel's first Secure-By-Design Government facility

Cyberbit, the wholly owned subsidiary of Elbit Systems, whose cyber security solutions protect some of the world’s most sensitive systems, has been selected by the Arison Group – Solel Boneh Infrastructure, one of Israel's most prominent construction and infrastructure companies, to provide its cyber security product suite for the new Ram Compound, an ultra-secure facility under construction in the Israeli capital. The Ram Compound will serve as headquarters for sensitive government ministries and will integrate physical and cyber security to achieve unprecedented resilience.

Product News

Dahua video intercom SIP solution helps provide peace of mind

Nowadays almost everything is expected to be done in a fast, real-time and safe way. Residential complexes and office buildings sometimes have difficulties managing visitors and in-house communication, as traditional methods are now becoming too time consuming and cumbersome.  To address these issues, Dahua has launched a new comprehensive and intelligent video intercom SIP Solution to manage visitors and in-house communications for better safety and higher efficiency with less manual labour required.

Product Suppliers
Back to top