Global Explosion Proof Equipment Market, By Type (Explosion Proof, Explosion Prevention, Explosion S

Published Date: | Report Code : EQ1924305

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Increasing demand from oil & gas and mining for various applications is expected to drive the market growth of explosion proof equipment market during the forecast period.  

Explosion proof equipment refers to products that secure the area from explosion up to its boundaries. The use of these equipment depends on many propositions of protection, such as explosion prevention, explosion proof, and explosion segregation. While explosion proof equipment utilizes a strong, protective boundary to contain any explosion within itself, explosion segregation equipment identifies the source of the explosion inside a protective channel.

Fire outbreaks, loss of property and resulting casualties from explosions, etc. have convinced companies across various industry verticals to get equipped with solutions for end-to-end explosion prevention and control. This factor has been continuously driving the growth of the explosion proof equipment market and at the same time also providing scope for technological advancements and innovation.

Industries such as oil & gas, mining, industrial manufacturing and processing, energy & power, food processing, and others are the end-users of explosion proof equipment. Among these users of explosion proof equipment, the oil & gas sector is expected to witnesses higher demand. The loss/damage to equipment and other assets caused by the explosions and all adds to a greater cost and hence, it has propelled the need for usage of explosion proof equipment.

Key Factors Impacting Market Growth:

  • High demand in energy and fuel industries to prevent explosions
  • Cost of safety devices is high in aerospace, manufacturing and defense industries
  • Industrial plants and safety concerns are generating demand

Regional Analysis: 

Major regions for the explosion proof equipment market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for the explosion proof equipments owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be oil & gas, mining, industrial manufacturing and processing, energy & power, food processing, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the explosion proof equipment market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others.

The Asia Pacific and Middle East region has witnessed tremendous growth in the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including building & construction, automotive, healthcare, manufacturing, and so on. Among these industries, oil & gas, mining, industrial manufacturing and processing, energy & power, food processing, and others are estimated to register a high demand for the explosion proof equipment market during the forecast period. On the other hand, the Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including building & construction, pharmaceuticals, automotive, and so on. This is expected to drive the growth of the explosion proof equipment market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the explosion proof equipment market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in the strategic future.

Companies Covered: 

Adalet, Intertek Group Plc., Extronics Ltd., Bartec Group, R. Stahl AG, Pepperl+Fuchs Gmbh, Siemens AG, Rockwell Automation, Inc., Cooper Industries (Eaton), ABB Group, BCom Solutions, Inc., Honeywell International Inc., CamLogic Snc, Johnson Controls, Excalibur Miretti Group, Shomal Co., Bosch Rexroth AG, Shenzhen KHJ Semiconductor Lighting Co. Ltd., Shanghai Explosion-proof Motor Co. Ltd, Parker Hannifin Corporation, Marechal Electric Group, and RAE Systems (Honeywell)…

Market Segmentation:

By Type:

  • Explosion Proof
  • Explosion Prevention
  • Explosion Segregation

By Zone:

  • Zone 0
  • Zone 20
  • Zone 1
  • Zone 21
  • Zone 2
  • Zone 22

By End User:

  • Mining
  • Energy & Power
  • Chemical & Petrochemical
  • Pharmaceutical
  • Food Processing
  • Oil & Gas
  • Others
    • Construction
    • Automotive
    • Waste Management Services

By Application:

  • Power Supply System
  • Cable Glands
  • Lifting and Material Handling System
  • Junction Boxes and Enclosures
  • Automation System
  • Surveillance and Monitoring System
  • Signaling Devices
  • Others
    • Switchgear
    • HVAC
    • Conduits
    • Flexible Couplings and Unions

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Zone
    • By End-User
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Zone
    • By End-User
    • By Application
  • Eastern Europe
    • By Country ( Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Zone
    • By End-User
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Zone
    • By End-User
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Zone
    • By End-User
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Zone
    • By End-User
    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global explosion proof equipment market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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