Smart PPE Technology Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Smart PPE Technology Market
The smart PPE technology market size was valued at USD 2.74 billion in 2020, and the market is now projected to grow from USD 3.13 billion in 2021 to USD 9.05 billion in 2028, exhibiting a CAGR of 16.4% during the forecast period of 2021-2020.
The demand for smart personal protective equipment in the manufacturing sector had reduced in the pandemic. During the lockdown, the factories and industries were temporarily shut down. The health check sector showcased high demand for tools to protect workers, waste management, and frontline workers from the contagious virus. However, the pandemic has significantly disrupted the supply chain of products and devices impacted the production of products. Therefore, the COVID-19 pandemic has hindered the smart PPE technology market growth.
The smart PPE technology market share globally has increased because of the rising demand for smart personal protective equipment products. The medicinal maintenance sector is increasing demand for such technology due to the growing high-risk infectious diseases as it monitors and analyzes the external environment. Smart protective outfits and gloves comprise sensors to provide e-health monitoring capabilities. This collected data is then analyzed over a personal computer, and feedback is given to the user.
The market trend is the growing demand for wearable technology to provide safety at the workplace is propelling the market growth. Work field accidents and mishaps frequently cause disturbances at the workplace, thus obstruct productivity. The industries have started adopting wearable technology to monitor and analyze field environments continuously to reduce accidents at the place of work. The personal protective equipment providers offer smart equipment by integrating wearable technology to scrutinize user behavior and the exterior environment.
Comprehensive Analysis of Smart PPE Technology Market
The smart PPE technology market and information & communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a thorough regional assessment considering the dominant supply and demand forces that impact the information & communication technology industry. These segmentations are methodically segregated by types of product and applications. The product types consist of smart safety gloves, shoes, protective clothing, earmuffs/plugs, respirator, eyewear, and others. The applications are healthcare & medical, fitness & wellness, infotainment, industrial, military, and others.
The North American region is conducive to the global smart PPE technology market, leading to a recall of USD 1.01 billion owing to growing awareness regarding workplace safety among the worker and employers is propelling the market in the region.
The top players in the market play a crucial role in the information & communication technology industry assuring industrial prospectus growth and setting market standards. These players include 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.), Dragerwerk AG & Co. KGaA (Lübeck, Germany), Connected Worker (Minnesota, U.S.), Seebo Interactive LTD. (California, United States), Corvex and Ergodyne Corporation (Minnesota, U.S.), these market players provide a level-playing competitive landscape.
In May 2021, Drägerwerk AG & Co. KGaA announced their joint venture with Shell (Royal Dutch Shell plc) to supply portable gas detection equipment. Through this partnership, they will supply alcohol and drug detection equipment and personal protective equipment to Shell.
Segmentation Table
Global Smart PPE Technology Market Scope
ATTRIBUTE
DETAILS
Study Period
2017 – 2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021 – 2028
Historical Period
2017 – 2019
Unit
Value (USD billion)
Segmentation
By Product Type, Application, and Region
By Product Type
Smart Safety Gloves
Smart Shoes
Smart Eyewear
Smart Protective Clothing
Smart Earmuffs/Plugs
Smart Respirator
Others (Smart Communication, Smart Watches, etc.)
By Application
Healthcare & Medical
Fitness & Wellness
Infotainment
Industrial
Military
Others (Sports & Adventure, Aerospace, etc.)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.