Market Overview:
The Global Explosion Panels Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for explosion panels in various industries such as dust explosion, gas explosion, and other applications. In terms of type, the VSP explosion panel segment is expected to hold the largest share of the market during the forecast period. This can be attributed to its ability to protect equipment and personnel from potential explosions in hazardous areas.
Product Definition:
An explosion panel is a device that is used to protect an enclosure from the effects of an explosion. The panel will typically contain one or more explosive charges that are detonated in the event of an explosion. This will help to dissipate the energy of the blast and prevent it from causing damage to the enclosure. Explosion panels are often used in industrial settings where there is a risk of explosions happening. They can help to protect equipment and personnel from being injured or killed in an explosion.
VSP Explosion Panel:
VSP explosion panel is a safety device used in the process of manufacturing semiconductors, electronic devices and printed circuit boards (PCB). It helps to detect the presence of gases & vapors that may be hazardous to personnel or equipment. VSP explosion panels are available in different sizes and can also be customized according to specific requirements.
The global VSP explosion panel market size was valued at USD 1,37,500 thousand in 2016.
VSE Explosion Panel:
VSE is a closed-cell, polymeric foam designed to be used in applications where high strength and thermal resistance are required. It can be used as an alternative to traditional explosive materials such as Hexogen or Ammonium Nitrate. VSE offers several benefits over other products including lower weight, easy handling & storage, and greater cost efficiency.
Application Insights:
The other application segment includes chemical, electrical and thermal (CET) accidents. In such incidents, the product is used to protect personnel from toxic gases and hazardous dusts generated during the course of an emergency. The use of explosion panels in fire & rescue services for training purposes or at large gatherings is also a popular trend across various regions.
The global increase in population along with industrialization has led to a rise in the number of mining activities across different regions which has resulted in boosting demand over recent years. However, volatility associated with raw material prices coupled with stringent regulations pertaining to safety equipment for coal mines have hampered industry growth over recent years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in terms of revenue owing to high demand from end-use industries, such as chemical, oil & gas and power generation. In addition, rising investments by governments for improving public safety are expected to drive the regional market growth over the forecast period.
The Asia Pacific has witnessed several major accidents that resulted into significant loss of life due to explosion or fire incidents. For instance, on 11 December 2016 a massive explosion occurred at an ammunition factory near Tianjin city China; it caused huge damage and killed more than 150 people instantly.
Growth Factors:
- Increasing demand for energy storage systems in the automotive and telecommunication sectors
- Growing popularity of electric vehicles
- Proliferation of data centers and the need for reliable backup power systems
- Rising concerns over climate change and air pollution
- Development of innovative new products that can meet the needs of specific industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Panels Market Research Report
By Type
VSP Explosion Panel, VSE Explosion Panel, VSS Explosion Panel
By Application
Dust Explosion, Gas Explosion, Other
By Companies
Fike, Vigilex, Elfab, BS&B Safety Systems, REMBE, ZOOK, CORONA, DonadonSDD, Oseco
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Panels Market Report Segments:
The global Explosion Panels market is segmented on the basis of:
Types
VSP Explosion Panel, VSE Explosion Panel, VSS Explosion Panel
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
Dust Explosion, Gas Explosion, Other
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:
- Fike
- Vigilex
- Elfab
- BS&B Safety Systems
- REMBE
- ZOOK
- CORONA
- DonadonSDD
- Oseco
Highlights of The Explosion Panels 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:
- VSP Explosion Panel
- VSE Explosion Panel
- VSS Explosion Panel
- By Application:
- Dust Explosion
- Gas Explosion
- Other
- 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 Panels 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 Panels are a type of security system that uses sensors to detect the presence of explosives and then triggers an alarm or sends a signal to activate the security system.
Some of the key players operating in the explosion panels market are Fike, Vigilex, Elfab, BS&B Safety Systems, REMBE, ZOOK, CORONA, DonadonSDD, Oseco.
The explosion panels market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Explosion Panels 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 Panels Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Explosion Panels Market - Supply Chain
4.5. Global Explosion Panels Market Forecast
4.5.1. Explosion Panels Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Explosion Panels Market Size (000 Units) and Y-o-Y Growth
4.5.3. Explosion Panels Market Absolute $ Opportunity
5. Global Explosion Panels 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 Panels Market Size and Volume Forecast by Type
5.3.1. VSP Explosion Panel
5.3.2. VSE Explosion Panel
5.3.3. VSS Explosion Panel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Explosion Panels 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 Panels Market Size and Volume Forecast by Application
6.3.1. Dust Explosion
6.3.2. Gas Explosion
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Explosion Panels 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 Panels 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 Panels 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 Panels 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 Panels Demand Share Forecast, 2019-2026
9. North America Explosion Panels 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 Panels 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 Panels Market Size and Volume Forecast by Application
9.4.1. Dust Explosion
9.4.2. Gas Explosion
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Explosion Panels Market Size and Volume Forecast by Type
9.7.1. VSP Explosion Panel
9.7.2. VSE Explosion Panel
9.7.3. VSS Explosion Panel
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 Panels Demand Share Forecast, 2019-2026
10. Latin America Explosion Panels 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 Panels 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 Panels Market Size and Volume Forecast by Application
10.4.1. Dust Explosion
10.4.2. Gas Explosion
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Explosion Panels Market Size and Volume Forecast by Type
10.7.1. VSP Explosion Panel
10.7.2. VSE Explosion Panel
10.7.3. VSS Explosion Panel
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 Panels Demand Share Forecast, 2019-2026
11. Europe Explosion Panels 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 Panels 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 Panels Market Size and Volume Forecast by Application
11.4.1. Dust Explosion
11.4.2. Gas Explosion
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Explosion Panels Market Size and Volume Forecast by Type
11.7.1. VSP Explosion Panel
11.7.2. VSE Explosion Panel
11.7.3. VSS Explosion Panel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth rojections 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 Panels Demand Share, 2019-2026
12. Asia Pacific Explosion Panels 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 Panels 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 Panels Market Size and Volume Forecast by Application
12.4.1. Dust Explosion
12.4.2. Gas Explosion
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Explosion Panels Market Size and Volume Forecast by Type
12.7.1. VSP Explosion Panel
12.7.2. VSE Explosion Panel
12.7.3. VSS Explosion Panel
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 Panels Demand Share, 2019-2026
13. Middle East & Africa Explosion Panels 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 Panels 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 Panels Market Size and Volume Forecast by Application
13.4.1. Dust Explosion
13.4.2. Gas Explosion
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Explosion Panels Market Size and Volume Forecast by Type
13.7.1. VSP Explosion Panel
13.7.2. VSE Explosion Panel
13.7.3. VSS Explosion Panel
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 Panels Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Explosion Panels Market: Market Share Analysis
14.2. Explosion Panels Distributors and Customers
14.3. Explosion Panels Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fike
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vigilex
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Elfab
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BS&B Safety Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. REMBE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ZOOK
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CORONA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DonadonSDD
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Oseco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook