Market Overview:
The global explosion proof LED lights market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for LED lights across various applications, such as oil and mining, military bases, airports and other transportation facilities, commercial/industrial, power/other plants. Additionally, the growing awareness about energy-efficient lighting solutions is also contributing to the growth of this market.
Product Definition:
explosion proof LED lights are specifically designed to be used in areas where there is a potential for an explosion. They are typically used in industrial and commercial settings where flammable materials or vapors may be present. The importance of using explosion proof LED lights is that they can help prevent an accidental fire or explosion from occurring.
Fixed Type:
Fixed type is a term used to define an element of an explosive device which remains in one place and can be remotely triggered. Fixed type devices are usually made up of high- strength materials such as steel, iron, titanium or ceramic. The most common form of fixed type is the blasting cap which consists of a thin metal sheet with a depression or cavity in the center which fits into another piece namely the detonator (the cap) and when pressed it creates an electrical circuit making it explode.
Mobile Type:
Mobile type is a device that can convert different types of energy into electrical energy. It has applications in various sectors including military, construction, and transportation. The global market for mobile type is expected to witness significant growth over the forecast period owing to its ability to provide light and power in an emergency situation such as an explosion or fire.
Application Insights:
The airports and other transportation facilities application segment led the global explosion proof LED lights market in 2017. This can be attributed to growing air traffic across various regions coupled with a rise in terrorist attacks at airports globally. For instance, according to the Aviation Safety Network, an average of 2,200 people die each year in aviation accidents worldwide. Furthermore, according to OAGATA (Organization for Airport Gurus), nearly 20 million passengers travel on scheduled airlines every day and more than 3 billion passenger-miles were traveled on U.S.-based carriers in 2016 alone. Growing safety concerns among travelers as well as airport operators are expected to drive product demand over the forecast period from 2018 to 2030.
The oil and mining application segment is anticipated witness significant growth over the forecast period owing to increasing exploration activities globally for new sources of petroleum products including natural gas liquids (NGLs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in several industries, such as construction, oil and gas, mining, military bases, airports/other transportation facilities since 2010s. This has led to an increase in demand for explosion proof LED lights across various applications.
The growing infrastructural activities coupled with increasing government spending on defense are likely to boost product demand across Asia Pacific region over the forecast period. In addition, rising investments by governments of China and India for developing smart cities are expected to drive product adoption across these countries during the forecast period.
Europe accounted for a significant share of revenue generated by global market players owing to high penetration of explosion proof LED lights in oil and gas industry especially along with power generation plants due to stringent regulations laid down by European Union (EU).
Growth Factors:
- Increasing demand from the oil and gas industry for explosion proof LED lights as they are safe and reliable.
- Rising awareness about the benefits of LED lights over traditional lighting sources is driving their adoption across various industries, including the explosion proof LED lights market.
- The falling prices of LEDs is making them more affordable, thereby boosting their demand in the market.
- Growing concerns about energy efficiency and environment conservation are prompting businesses to switch to LED lighting solutions, which is benefiting the explosion proof LED lights market growth rate significantly. 5) Technological advancements in LEDs are resulting in better performance and longer life spans of these bulbs, fueling their demand in various applications including those within hazardous areas
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Proof LED Lights Market Research Report
By Type
Fixed Type, Mobile Type, Portable Type
By Application
Oil and Mining, Military Bases, Airports and Other Transportation Facilities, Commercial/Industrial, Power/Other Plants
By Companies
Ocean'S King Lighting, Eaton, Emerson Electric, Iwasaki Electric, Glamox, Hubbell Incorporated, AZZ Inc., Shenzhen KHJ Semiconductor Lighting, Adolf Schuch GmbH, Shenzhen Nibbe Technology, Phoenix Products Company, Western Technology, AtomSvet, LDPI, Zhejiang Tormin Electrical, Unimar, IGT Lighting, WorkSite Lighting, Oxley Group, TellCo Europe Sagl, DAGR Industrial Lighting
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Proof LED Lights Market Report Segments:
The global Explosion Proof LED Lights market is segmented on the basis of:
Types
Fixed Type, Mobile Type, Portable Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil and Mining, Military Bases, Airports and Other Transportation Facilities, Commercial/Industrial, Power/Other Plants
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ocean'S King Lighting
- Eaton
- Emerson Electric
- Iwasaki Electric
- Glamox
- Hubbell Incorporated
- AZZ Inc.
- Shenzhen KHJ Semiconductor Lighting
- Adolf Schuch GmbH
- Shenzhen Nibbe Technology
- Phoenix Products Company
- Western Technology
- AtomSvet
- LDPI
- Zhejiang Tormin Electrical
- Unimar
- IGT Lighting
- WorkSite Lighting
- Oxley Group
- TellCo Europe Sagl
- DAGR Industrial Lighting
Highlights of The Explosion Proof LED Lights Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fixed Type
- Mobile Type
- Portable Type
- By Application:
- Oil and Mining
- Military Bases, Airports and Other Transportation Facilities
- Commercial/Industrial
- Power/Other Plants
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Explosion Proof LED Lights Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Explosion proof LED lights are designed to protect people and equipment from accidental explosions. These lights use a special type of LED that is resistant to heat and fire. This makes them ideal for areas where there is a risk of an explosion, such as factories, warehouses, and oil refineries.
Some of the major players in the explosion proof led lights market are Ocean'S King Lighting, Eaton, Emerson Electric, Iwasaki Electric, Glamox, Hubbell Incorporated, AZZ Inc., Shenzhen KHJ Semiconductor Lighting, Adolf Schuch GmbH, Shenzhen Nibbe Technology, Phoenix Products Company, Western Technology, AtomSvet, LDPI, Zhejiang Tormin Electrical, Unimar, IGT Lighting, WorkSite Lighting, Oxley Group, TellCo Europe Sagl, DAGR Industrial Lighting.
The explosion proof led lights market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Explosion Proof LED Lights Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Explosion Proof LED Lights Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Explosion Proof LED Lights Market - Supply Chain
4.5. Global Explosion Proof LED Lights Market Forecast
4.5.1. Explosion Proof LED Lights Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Explosion Proof LED Lights Market Size (000 Units) and Y-o-Y Growth
4.5.3. Explosion Proof LED Lights Market Absolute $ Opportunity
5. Global Explosion Proof LED Lights Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Explosion Proof LED Lights Market Size and Volume Forecast by Type
5.3.1. Fixed Type
5.3.2. Mobile Type
5.3.3. Portable Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Explosion Proof LED Lights Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Explosion Proof LED Lights Market Size and Volume Forecast by Application
6.3.1. Oil and Mining
6.3.2. Military Bases, Airports and Other Transportation Facilities
6.3.3. Commercial/Industrial
6.3.4. Power/Other Plants
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Explosion Proof LED Lights Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Explosion Proof LED Lights Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Explosion Proof LED Lights Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Explosion Proof LED Lights Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Explosion Proof LED Lights Demand Share Forecast, 2019-2026
9. North America Explosion Proof LED Lights Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Explosion Proof LED Lights Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Explosion Proof LED Lights Market Size and Volume Forecast by Application
9.4.1. Oil and Mining
9.4.2. Military Bases, Airports and Other Transportation Facilities
9.4.3. Commercial/Industrial
9.4.4. Power/Other Plants
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Explosion Proof LED Lights Market Size and Volume Forecast by Type
9.7.1. Fixed Type
9.7.2. Mobile Type
9.7.3. Portable Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Explosion Proof LED Lights Demand Share Forecast, 2019-2026
10. Latin America Explosion Proof LED Lights Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Explosion Proof LED Lights Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Explosion Proof LED Lights Market Size and Volume Forecast by Application
10.4.1. Oil and Mining
10.4.2. Military Bases, Airports and Other Transportation Facilities
10.4.3. Commercial/Industrial
10.4.4. Power/Other Plants
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Explosion Proof LED Lights Market Size and Volume Forecast by Type
10.7.1. Fixed Type
10.7.2. Mobile Type
10.7.3. Portable Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Explosion Proof LED Lights Demand Share Forecast, 2019-2026
11. Europe Explosion Proof LED Lights Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Explosion Proof LED Lights Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Explosion Proof LED Lights Market Size and Volume Forecast by Application
11.4.1. Oil and Mining
11.4.2. Military Bases, Airports and Other Transportation Facilities
11.4.3. Commercial/Industrial
11.4.4. Power/Other Plants
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Explosion Proof LED Lights Market Size and Volume Forecast by Type
11.7.1. Fixed Type
11.7.2. Mobile Type
11.7.3. Porable Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Explosion Proof LED Lights Demand Share, 2019-2026
12. Asia Pacific Explosion Proof LED Lights Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Explosion Proof LED Lights Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Explosion Proof LED Lights Market Size and Volume Forecast by Application
12.4.1. Oil and Mining
12.4.2. Military Bases, Airports and Other Transportation Facilities
12.4.3. Commercial/Industrial
12.4.4. Power/Other Plants
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Explosion Proof LED Lights Market Size and Volume Forecast by Type
12.7.1. Fixed Type
12.7.2. Mobile Type
12.7.3. Portable Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Explosion Proof LED Lights Demand Share, 2019-2026
13. Middle East & Africa Explosion Proof LED Lights Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Explosion Proof LED Lights Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Explosion Proof LED Lights Market Size and Volume Forecast by Application
13.4.1. Oil and Mining
13.4.2. Military Bases, Airports and Other Transportation Facilities
13.4.3. Commercial/Industrial
13.4.4. Power/Other Plants
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Explosion Proof LED Lights Market Size and Volume Forecast by Type
13.7.1. Fixed Type
13.7.2. Mobile Type
13.7.3. Portable Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Explosion Proof LED Lights Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Explosion Proof LED Lights Market: Market Share Analysis
14.2. Explosion Proof LED Lights Distributors and Customers
14.3. Explosion Proof LED Lights Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ocean'S King Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eaton
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Emerson Electric
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Iwasaki Electric
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Glamox
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hubbell Incorporated
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AZZ Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Shenzhen KHJ Semiconductor Lighting
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adolf Schuch GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shenzhen Nibbe Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Phoenix Products Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Western Technology
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. AtomSvet
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. LDPI
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang Tormin Electrical
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Unimar
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. IGT Lighting
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. WorkSite Lighting
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Oxley Group
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. TellCo Europe Sagl
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
