Industrial head protection market in Brazil is poised to experience a profitable growth over the coming seven years with a CAGR expected to exceed 5.5%. Strict legislations pertaining to worker & workplace safety along with subsidies for the firms providing safe working conditions are expected to boost the regional demand.The rise in the launch of technologically advanced wearable equipment is expected to stimulate industrial head protection market trends in the ensuing years. The ILO (International Labor Organization) reports that every year over 2.3 million deaths are caused due to workplace accidents.
Safety is a buzzword for those working in oil rigs, mines, and wind turbines, as they are required to mandatorily use wearable instruments such as helmets, bump caps, and hard hats. Helmets or hard hats connected via smart phones help in alerting workers about the occupational risks, thereby creating a great demand for wearable technology across various PPE sector.
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SmartCap Technologies, an Australian firm producing headwear such as caps, beanies, and hard hats, had introduced SmartCap that resembles a baseball cap. This product helps in portraying significant information about the workers to the supervisors via screens. Metal & mining multinational firms such as Rio Tinto Group have been using these caps to avoid workplace mishaps through measurement of fatigue level of truck drivers. Such new product launches, which ensure worker safety, are anticipated to spur industrial head protection market size over the coming years.
Fujitsu, a Japanese information & communication technology organization, is constantly experimenting with wearable devices such as badges, head-mounted displays, and wristbands that can determine the falls, level of tiredness, and exhaustion due to heat at the workplace. In 2016, the American International Group (AIG) Incorporation, a U.S. based multinational insurance firm, had made hefty investments in Human Condition Safety, a firm producing wearable instruments for the monitoring the employees deputed at construction sites, high-risk work locations, and factories.
Smart Helmets introduced by General Electric Corporation effectively address the safety concerns of the workers across the oil & gas sector. The product can connect field engineers directly to their more experienced counterparts at headquarters through effective tools such as video or audio devices facilitating a two-way communication. The firm is also creating a new type of smart helmet in association with the University of Pisa.
Way back in 2015, Honeywell Industrial Safety, a part of Honeywell International Incorporation, had worked with Intel Corporation, a semiconductor manufacturing firm located in the U.S., to develop wearable IoT connected safety devices such as Connected Worker for first responders as well as factory workers. In May 2017, Honeywell again launched a new connected worker solution named as Honeywell SoteraTM to increase the efficiency and ensure safety of the factory workers.