Powered Air Purifying Respirator (PAPR) Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Influx Of Improved Features In PAPR to Boost the Market Growth | Technavio
LONDON--(BUSINESS WIRE)--Aug 21, 2020--
Technavio has been monitoring the powered air purifying respirator (PAPR) market and it is poised to grow by USD 686.16 mn during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Powered Air Purifying Respirator (PAPR) Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
- What are the major trends in the market?
Rising adoption of modular PAPR is a major trend.
- At what rate is the market projected to grow?
- The year-over-year growth for 2020 is estimated at 6.30% and the incremental growth of the market is anticipated to be USD 686.16 mn.
- Who are the top players in the market?
3M Co., Avon Rubber Plc, Bio-Medical Devices Intl Inc., Bullard, Honeywell International Inc., ILC Dover, MSA Safety Inc., PAFtec Australia Pty Ltd., SHIGEMATSU WORKS CO. LTD., and Sundström Safety AB, are some of the major market participants
- What is the key market driver?
The influx of improved features in PAPR is the major factor driving the growth of the market.
- How big is the North America market?
The North America region will contribute 33% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 3M Co., Avon Rubber Plc, Bio-Medical Devices Intl Inc., Bullard, Honeywell International Inc., ILC Dover, MSA Safety Inc., PAFtec Australia Pty Ltd., SHIGEMATSU WORKS CO. LTD., and Sundström Safety AB are some of the major market participants. The influx of improved features in PAPR will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Powered Air Purifying Respirator (PAPR) Market 2020-2024: Segmentation
Powered Air Purifying Respirator (PAPR) Market is segmented as below:
- Full-face Mask PAPR
- Half-masks PAPR
- Helmets, Hoods And Visors
- Geographic Landscape
- North America
- South America
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Powered Air Purifying Respirator (PAPR) Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The powered air purifying respirator (PAPR) market report covers the following areas:
- Powered Air Purifying Respirator (PAPR) Market Size
- Powered Air Purifying Respirator (PAPR) Market Trends
- Powered Air Purifying Respirator (PAPR) Market Industry Analysis
This study identifies the rising adoption of modular PAPR as one of the prime reasons driving the powered air purifying respirator (PAPR) market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Powered Air Purifying Respirator (PAPR) Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist powered air purifying respirator (PAPR) market growth during the next five years
- Estimation of the powered air purifying respirator (PAPR) market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the powered air purifying respirator (PAPR) market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of powered air purifying respirator (PAPR) market, vendors
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Full-face mask PAPR - Market size and forecast 2019-2024
- Half-mask PAPR - Market size and forecast 2019-2024
- Helmets, hoods, and visors - Market size and forecast 2019-2024
- Market opportunity by Product
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- 3M Co.
- Avon Rubber Plc
- Bio-Medical Devices Intl Inc.
- Honeywell International Inc.
- ILC Dover
- MSA Safety, Inc.
- PAFtec Australia Pty Ltd
- SHIGEMATSU WORKS CO. LTD.
- Sundström Safety AB
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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PUB: 08/21/2020 04:30 PM/DISC: 08/21/2020 04:30 PM