Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Explosion Proof Equipment Market by Type (Explosion-proof Lamp, Explosion-proof Electrical Equipment, Explosion-proof Instrument, Others), By Application (Oil & Gas, Mining, Manufacturing Processing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Explosion Proof Equipment Market by Type (Explosion-proof Lamp, Explosion-proof Electrical Equipment, Explosion-proof Instrument, Others), By Application (Oil & Gas, Mining, Manufacturing Processing, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 159543 3300 Machinery & Equipment 377 233 Pages 4.8 (35)
                                          

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.


Global Explosion Proof Equipment Industry Outlook


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:

  1. Eaton
  2. Emerson
  3. Siemens
  4. R.Stahl Inc
  5. Pepperl+Fuchs
  6. ABB
  7. GE
  8. Toshiba
  9. BARTEC
  10. WEG
  11. Warom
  12. Wolong
  13. Dianguang Technology
  14. Feice
  15. Hengtong
  16. Bada Electric
  17. Shlmex
  18. Helon
  19. Huaxia

Global Explosion Proof Equipment Market Overview


Highlights of The Explosion Proof Equipment Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Explosion-proof Lamp
    2. Explosion-proof Electrical Equipment
    3. Explosion-proof Instrument
    4. Others
  1. By Application:

    1. Oil & Gas
    2. Mining
    3. Manufacturing Processing
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global Explosion Proof Equipment Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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