Global Lockout Tagout Equipment Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024

Lockout-tagout (LOTO) or lock and tag is a safety procedure which is used in industry and research settings to ensure that dangerous machines are properly shut off and not able to be started up again prior to the completion of maintenance or servicing work.

Scope of the Report:
Globally, the lockout tagout equipment industry market is concentrated as the use of lockout tagout equipment is still concentrated in several countries. Some enterprises, like Master Lock and Brady are well-known for the performance of their lockout tagout equipment and related services. At the same time, United States, occupied 50.44% revenue market share in 2015, is remarkable in the global lockout tagout equipment industry because of their market share and technology status.
The consumption volume of lockout tagout equipment is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of lockout tagout equipment industry may not keep that fast. But it is surely forecasted that the market of lockout tagout equipment is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The worldwide market for Lockout Tagout Equipment is expected to grow at a CAGR of roughly 4.6% over the next five years, will reach 250 million US$ in 2024, from 190 million US$ in 2019, according to a new study.
This report focuses on the Lockout Tagout Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Master Lock 
Brady
Panduit 
ABUS
Honeywell
American Lock
ESC Services
Castell
ZING Green Safety Products
Beijing TEHS
Accuform Manufacturing

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Electrical Equipment Lockouts
Valve Lockouts
Others

Market Segment by Applications, can be divided into
Energy & Power Industry
Machinery Industry
Petrochemical Industry
Chemical Industry
Other Industries

The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Lockout Tagout Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Lockout Tagout Equipment, with price, sales, revenue and global market share of Lockout Tagout Equipment in 2017 and 2018.
Chapter 3, the Lockout Tagout Equipment competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Lockout Tagout Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Lockout Tagout Equipment market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Lockout Tagout Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.