The global ESD safe matting market is booming due to increased awareness and stringent regulations in electronics, aerospace, automotive, and healthcare sectors.
An In-depth Market Insights of ESD Safe Matting Market including Table ESD Safe Matting, Bench ESD Safe Matting, Floor ESD Safe Matting, Monitor ESD Safe Matting, and ESD Safe Matting Covering 30+ Countries like United States, United Kingdom, Germany, France, Norway, Sweden, Saudi Arabia, United Arab Emirates, Japan, Korea, Australia, New Zealand, and Others
NEWARK, DE / ACCESSWIRE / July 18, 2024 / According to a Future Market Insights (FMI), the global ESD safe matting market size is anticipated to reach USD 186.8 Million by 2034. It is set to attain a value of about USD 118 Million in 2024. The market is estimated to exhibit a CAGR of 4.7% in the forecast period 2024 to 2034.
ESD matting protects personnel and equipment against static electrical discharges. These are mostly utilized in work locations where static electricity can accumulate and provide a simple path to the ground. Static discharges can put the workplace and workers at risk if an ESD mat is not being used. Antistatic gloves, clothes, footwear, flooring, anti-static tools, packages, and grounding straps can be used in conjunction with ESD mats to protect items and employees against undetected static discharge damage. This has proven to be a significant growth driver for the global ESD safe matting market.
Technological advancements and the increasing use of automation in industrial methods contribute to the rising demand for ESD-safe solutions. North America and Europe currently dominate the industry due to well-integrated electronics industries and stringent regulatory standards. Meanwhile, Asia Pacific is projected to become a profitable region, pushed by rapid industrialization and the rise of the electronics manufacturing sector in countries such as China, Japan, and South Korea.
Key industry participants specialize in product innovation, providing mats with increased durability and efficiency. They are also developing robust distribution networks and forming strategic alliances to strengthen their presence. Overall, the ESD safe matting industry is positioned for continuous growth, fueled by the growing demand for innovative ESD protection systems across varying high-tech industries.
Request Your Sample Report to Enhance Industry Knowledge Gain a Comprehensive Summary and Valuable Insights!
Companies looking to lessen scrap product damage at a certain stage in production depend on the usage of ESD secure matting as a part of their average ESD control approach. ESD safe matting is set to be important in decreasing electrostatic discharge (ESD) incidents, which could harm sensitive digital components and result in junk goods.
ESD-safe matting also provides a protective layer for the painting floor. The mat's features, including conductivity or dissipativity, assist in limiting the build-up of static costs at the surface. This protects components and products from direct touch with static costs, lowering the chance of damage across several manufacturing methods.
Key Takeaways from the Market Report:
The global ESD safe matting market reached USD 95.2 Million in 2019.
In terms of material type, the vinyl segment is anticipated to generate a share of around 41.5% in 2034.
By product type, floor mats are set to dominate by accounting for a share of 31.4% in 2034.
The Kingdom of Saudi Arabia is projected to showcase a CAGR of 6.3% in the estimated period.
South Africa will likely witness a CAGR of around 5.7% in the forecast period.
"As digital gadgets become smaller and highly complicated, the distance between sensitive components shrinks, making these extra liable to electrostatic discharge. ESD incidents, even those that can be undetectable to people, can cause hidden faults or surprising failures in those extraordinarily sensitive components. Hence, companies are coming up with ESD safe matting to create a regulated grounding floor to absorb static charges," - opines Nikhil Kaitwade, Associate Vice President at Future Market Insights (FMI).
What are the Major Factors Boosting the ESD safe matting market?
The ESD safe matting market is predicted to grow in response to increased need for self-protection at workstations, as well as increased demand from the end-use industry. It minimises electrostatic discharge to the greatest extent possible. It is also suitable for industries where static electricity can harm equipment and workers.
The rising popularity of new and creative flooring solutions such as marble, laminate, wooden, and parquet floors has increased the use of floor mats to minimize electrostatic collisions and damage, boosting market growth. Furthermore, in the coming years, further expansion of the commercial sector, such as hospitality, hospitals, fitness facilities, institutions, and shopping malls, is predicted to increase market penetration.
In addition, the expanding use of nanomaterials is predicted to enhance the ESD products market, as well as the developing electronics industry globally. The ESD products offered in various nations are undergoing considerable upgrades to keep up with international requirements and trends.
Furthermore, due to its widespread acceptance by end users for a variety of applications, the demand for entry mats has increased dramatically. In recent years, the global market has been driven by the growing popularity of walk-off entrance mats in both the residential and commercial sectors. To ensure superior indoor air quality, entrance matting acts as the first line of defense against dirt entering the facility. Manufacturers can easily customize the size and style of mats, as well as add additional functions to meet the needs of customers. With all these advancements, the global market of ESD mats is going to grow rapidly during the assessment period.
Competitive Landscape:
The ESD safe matting industry is fragmented with the presence of several leading manufacturers. These players account for about 30% to 40% of the total share. They are constantly focusing on the development of cutting-edge safe matting products to gain a competitive edge.
The industry will likely witness the emergence of several start-up companies, especially in developing countries like India and China. These companies are estimated to tie up with large-scale manufacturers to provide the former with professional expertise and vast knowledge.
For instance,
In March 2024, United States-based Transforming Technologies announced the new SC50BS Series ESD washable cleanroom shoe covers.
Major Players Operating in ESD Safe Matting Industry:
RS Components
Achilles Corporation
Transforming Technologies
Static Solutions Inc.
Bertech
ACL Staticide Inc.
Bondline Electronics Limited
Vodex Ltd.
Cleanroom World
United Static Control Products
COBA Europe
American Floor Mats
Yufa Polymer Products Co. Ltd.
Sharang Corporation India
Unlock full access to the ESD Safe Matting Industry report! Gain invaluable insights with our comprehensive Market Forecast, Company Share Analysis, Competitive Intelligence, DROT Analysis, Market Dynamics, Challenges, and Strategic Growth Initiatives.
ESD Safe Matting Market Segmentation Analysis:
By Material Type:
Vinyl
Rubber
PVC, and others
By Product Type:
Tabletop Mats
Workbench Mats
Runner
Floor Mats, and others
By End-use:
Electronics
Laboratories
Medical & Healthcare Facilities
Data Centers & IT Facilities, and others.
By Region:
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia
The Middle East and Africa
About Future Market Insights - Industrial Automation Division:
The Industrial Automation division of Future Market Insights offers a novel approach and innovative perspective in analyzing the industrial automation market. Comprehensive coverage of capital, portable, process, construction, industrial, and special-purpose machinery across the manufacturing sector and distinctive analysis of the installed base, consumables, replacement, and USP-feature-application matrix make us a pioneering voice in the industry. We are preferred associates with established as well as budding industry stakeholders and channel partners when it comes to sustaining, growing, and identifying new revenue prospects.
Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
Explore Future Market Insights, Inc. Extensive Coverage in Industrial Automation Domain:
The global ESD valve market size is anticipated to attain USD 581.9 Million valuation by the end of 2034.
The global valve remote control systems industry is forecasted to be valued at USD 15.1 Billion by the end of 2033.
The global valve positioner market share estimated to surpass a valuation of USD 3.3 Billion by 2034.
The global stainless steel control valve sales is expected to grow at an average CAGR of 5.9% from 2023 to 2033.
The global industrial valve market revenue predicted to surpass USD 123.05 Billion milestone by 2034.
The global safety valve market valuation is forecasted to exceed USD 10.0 Billion mark by the end of 2033.
The global thermostatic radiator valves demand is projected to expand at a steady CAGR of 4.3% from 2023 to 2033.
The global expansion valves market revenue share is said to attain a valuation of USD 17.4 Billion in 2033.
The global modular energy control system industry is estimated to be valued at USD 8.2 Billion by 2032.
The global conveyor system market share is expected to cross USD 10.9 Billion valuation by 2033.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
SOURCE: Future Market Insights Inc.
View the original press release on accesswire.com
