Market Overview:
The global explosion proof equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for explosion proof equipment in oil & gas, mining, and manufacturing processing industries across the globe. Additionally, the growing awareness about safety and security among end users is also propelling the growth of this market. On the basis of type, Explosion-proof Lamp held a major share of more than 50% in 2017 and is expected to maintain its dominance during the forecast period as well. This can be attributed to their wide usage across various industries for illumination purposes.
Product Definition:
Explosion proof equipment is designed to protect workers and operators from the ignition of flammable atmospheres. Equipment can be explosion proof if it's design, construction, and operation prevent the release of sparks or flames that could ignite an explosive atmosphere.
Explosion-proof Lamp:
Explosion-proof lamps are used in various applications such as gas, oil & water treatment plants, petrochemical plants and refineries for the illumination of the plant area. They are also used in mining activities to illuminate underground areas. These lamps have gained popularity owing to their ability to provide a large amount of light with less heat output as compared to other conventional lights.
Explosion-proof Electrical Equipment:
Explosion-proof electrical equipment is used in various industries such as oil & gas, petrochemical, mining and construction. It’s major applications include process control systems, switchgears and circuit breakers. The global explosion-proof electrical equipment market size was valued at USD 1.8 billion in 2015 and is expected to witness significant growth over the forecast period owing to increasing demand for safety across various end-use industries such as oil & gas, petrochemical manufacturing etc.
Application Insights:
The manufacturing processing application segment led the global explosion proof equipment market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing industrialization in developing countries such as India, China, Thailand and Indonesia coupled with stringent regulations pertaining to safety for workers at various manufacturing facilities across the globe.
The oil & gas industry is one of the major consumers of these products as they are required to protect personnel from accidental or deliberate explosions caused due to improper handling of hazardous materials or during drilling operations. Furthermore, growing demand for crude oil and natural gas along with rising investments by companies operating in this sector are expected fuel segment growth over the coming years.
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 increasing demand for energy, which is subsequently driving the growth of this industry. China, India, Japan, South Korea are some of the prominent countries that have witnessed a significant rise in population and hence energy consumption as well. This has led to an increase in investments across various industries including oil & gas for providing adequate power supply to consumers at economical costs.
The Middle East & Africa region accounted for a relatively higher share owing to increased government spending on construction projects across several countries such as Saudi Arabia.
North America was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for explosion proof equipment from oil and gas industry
- Rising awareness about the benefits of using explosion proof equipment
- Growing number of industrial accidents that can be prevented by using explosion proof equipment
- Technological advancements in explosion proof equipment manufacturing process
- Stringent safety regulations for use of explosion proof equipment in various industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Proof Equipment Market Research Report
By Type
Explosion-proof Lamp, Explosion-proof Electrical Equipment, Explosion-proof Instrument, Others
By Application
Oil & Gas, Mining, Manufacturing Processing, Others
By Companies
Eaton, Emerson, Siemens, R.Stahl Inc, Pepperl+Fuchs, ABB, GE, Toshiba, BARTEC, WEG, Warom, Wolong, Dianguang Technology, Feice, Hengtong, Bada Electric, Shlmex, Helon, Huaxia
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Proof Equipment Market Report Segments:
The global Explosion Proof Equipment market is segmented on the basis of:
Types
Explosion-proof Lamp, Explosion-proof Electrical Equipment, Explosion-proof Instrument, Others
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 & Gas, Mining, Manufacturing Processing, Others
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:
- Eaton
- Emerson
- Siemens
- R.Stahl Inc
- Pepperl+Fuchs
- ABB
- GE
- Toshiba
- BARTEC
- WEG
- Warom
- Wolong
- Dianguang Technology
- Feice
- Hengtong
- Bada Electric
- Shlmex
- Helon
- Huaxia
Highlights of The Explosion Proof Equipment 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:
- Explosion-proof Lamp
- Explosion-proof Electrical Equipment
- Explosion-proof Instrument
- Others
- By Application:
- Oil & Gas
- Mining
- Manufacturing Processing
- Others
- 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 Equipment 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 equipment is a type of safety equipment used in industrial and commercial settings to protect personnel from the effects of an explosion. This includes items such as fire suppression systems, ventilation, and emergency response plans.
Some of the major companies in the explosion proof equipment market are Eaton, Emerson, Siemens, R.Stahl Inc, Pepperl+Fuchs, ABB, GE, Toshiba, BARTEC, WEG, Warom, Wolong, Dianguang Technology, Feice, Hengtong, Bada Electric, Shlmex, Helon, Huaxia.
The explosion proof equipment 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 Proof Equipment 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 Equipment 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 Equipment Market - Supply Chain
4.5. Global Explosion Proof Equipment Market Forecast
4.5.1. Explosion Proof Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Explosion Proof Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Explosion Proof Equipment Market Absolute $ Opportunity
5. Global Explosion Proof Equipment 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 Equipment Market Size and Volume Forecast by Type
5.3.1. Explosion-proof Lamp
5.3.2. Explosion-proof Electrical Equipment
5.3.3. Explosion-proof Instrument
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Explosion Proof Equipment 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 Equipment Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Mining
6.3.3. Manufacturing Processing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Explosion Proof Equipment 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 Equipment 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 Equipment 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 Equipment 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 Equipment Demand Share Forecast, 2019-2026
9. North America Explosion Proof Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Mining
9.4.3. Manufacturing Processing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Explosion Proof Equipment Market Size and Volume Forecast by Type
9.7.1. Explosion-proof Lamp
9.7.2. Explosion-proof Electrical Equipment
9.7.3. Explosion-proof Instrument
9.7.4. Others
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 Equipment Demand Share Forecast, 2019-2026
10. Latin America Explosion Proof Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Mining
10.4.3. Manufacturing Processing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Explosion Proof Equipment Market Size and Volume Forecast by Type
10.7.1. Explosion-proof Lamp
10.7.2. Explosion-proof Electrical Equipment
10.7.3. Explosion-proof Instrument
10.7.4. Others
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 Equipment Demand Share Forecast, 2019-2026
11. Europe Explosion Proof Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Mining
11.4.3. Manufacturing Processing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Explosion Proof Equipment Market Size and Volume Forecast by Type
11.7.1. Explosion-proof Lamp
11.7.2. Explosion-proof Electrical Equipment
11.7.3. Explosion-proof Instrument
11.7.4. Others
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 Equipment Demand Share, 2019-2026
12. Asia Pacific Explosion Proof Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Mining
12.4.3. Manufacturing Processing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Explosion Proof Equipment Market Size and Volume Forecast by Type
12.7.1. Explosion-proof Lamp
12.7.2. Explosion-proof Electrical Equipment
12.7.3. Explosion-proof Instrument
12.7.4. Others
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 Equipment Demand Share, 2019-2026
13. Middle East & Africa Explosion Proof Equipment 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 Equipment 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 Equipment Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Mining
13.4.3. Manufacturing Processing
13.4.4. Others
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 Equipment Market Size and Volume Forecast by Type
13.7.1. Explosion-proof Lamp
13.7.2. Explosion-proof Electrical Equipment
13.7.3. Explosion-proof Instrument
13.7.4. Others
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 Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Explosion Proof Equipment Market: Market Share Analysis
14.2. Explosion Proof Equipment Distributors and Customers
14.3. Explosion Proof Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eaton
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Emerson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. R.Stahl Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pepperl+Fuchs
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ABB
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Toshiba
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. BARTEC
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WEG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Warom
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Wolong
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Dianguang Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Feice
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hengtong
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Bada Electric
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Shlmex
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Helon
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Huaxia
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