Industry Analysis & Industry Trends
The Respiratory Protection Equipment Manufacturing industry will benefit from renewed industrial production, as downstream manufacturers and mining firms demand equipment again. Further, strong export markets will provide demand for the industry in the five years to 2017. Nevertheless, an increase in imports will continue to dampen profit margins, and US-based firms will look to focus on high value-added items.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Respiratory Protection Equipment Manufacturing industry is in the mature stage of its life cycle. In the 10 years to 2017, industry value added, a measure of the industry's contribution to the US economy, is projected to increase at an average of 1.5% annually compared to annualized GDP growth of 2.1% during the same period.
The industry's maturity partly stems from portions of demand being driven by recession-proof industries, including government agencies. For example, the Department of Defense and US fire stations supply employees with respiratory protection equipment. In fact, safety requirements ensure that downstream industries continue using the industry's products... purchase to read more