The global electrical safety products industry was valued at US$ 26.0 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2034. By the end of this forecast period, the industry is expected to reach a market value of US$ 51.1 billion.
Increase in occurrence of electrical accidents in the workplace have led to a surge in focus on worker safety. Companies are extensively adopting electric safety products in order to safeguard their workers and minimize the risk of electrical hazards.
Increase in occurrence of electrical accidents in the workplace have led to a surge in focus on worker safety. Companies are extensively adopting electric safety products in order to safeguard their workers and minimize the risk of electrical hazards.
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