Market Overview:
The global explosion-proof LED lighting market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient and durable LED lighting solutions across various end-use applications. Additionally, the growing awareness about the benefits of using LED lights is also propelling the growth of this market. Based on type, the global explosion-proof LED lighting market can be segmented into fixed type and mobile type. The fixed type segment is expected to account for a larger share of this market in 2018 owing to its high durability and resistance against explosions or fires. By application, oil and mining, military bases, airports and other transportation facilities, commercial/industrial, power/other plant are some of the key segments considered in this study.
Product Definition:
Explosion-proof LED lighting is a type of lighting that is specifically designed to be used in areas where there is a potential for an explosion. These lights are typically made with materials that will not ignite when exposed to sparks or flames, and they often have built-in protections against explosions. Explosion-proof LED lights are important because they can help keep people safe in areas where there is a risk of an explosion.
Fixed Type:
Fixed type is a term used to define an element of an explosive device which is designed to function at a constant pressure and volume. Fixed type charges are the most basic devices used in pipe bombs, stick matches, and other such explosives. The growth factor for fixed-type charges can be attributed to its usage in numerous applications across different fields including military & defense, mining & quarrying, oil & gas extraction industries among others.
Mobile Type:
Mobile type is a new term in the lighting industry which was introduced to differentiate between traditional fixed or stationary light sources and portable or movable lights. The basic difference between mobile and fixed lights is their location. While a mobile light can be moved around, a stationary light cannot be moved from its original position.
The growing demand for LED-based explosion-proof lighting on account of longer life span, lower power consumption, high efficiency,.
Application Insights:
The airports and other transportation facilities application segment led the global explosion-proof LED lighting market in 2017, accounting for over 30% of the overall revenue share. The segment is projected to witness significant growth over the forecast period owing to increasing infrastructure spending by governments across various countries. For instance, according to a study conducted by aviation consultancy CAPLIS Ltd., around USD 1 trillion will be spent on new airport construction globally from 2016 to 2020. LED lights are considered as one of the highest energy-efficient products due to which they are widely used in airports and other transportation facilities applications such as railway stations and roadways bridges etc.
The oil & mining application segment accounted for another major revenue share in 2017 owing to rising investments in deep sea exploration activities particularly off Africa, Asia Pacific, South America etc., which require immense amount of power supply cables at considerable depths below ground level.
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 infrastructure development, owing to which demand for explosion-proof LED lighting is expected to increase significantly. In addition, increasing government investments and favorable regulations are anticipated to drive product demand over the next eight years.
The oil & gas industry has witnessed significant growth across Asia Pacific countries such as China, India, Indonesia, Malaysia and Thailand due to which there is a need for maintaining security at power plants along with other critical facilities across these nations. This factor will further boost regional market growth during the forecast period from 2018 to 2030 (estimated).
Europe accounted for more than 25% of total revenue share in 2017 on account of high military base installations coupled with rapidly expanding oil & gas industry across several European countries including Norway; UK; Germany; Russia among others.
Growth Factors:
- Increasing demand from the oil and gas industry for explosion-proof LED lighting as it is safe and reliable.
- Growing awareness about the benefits of LED lighting, which include energy savings, longer life spans, and low maintenance costs.
- Rising demand for LED lighting in hazardous locations due to its superior performance characteristics over traditional incandescent light bulbs.
- Technological advancements that have led to the development of more efficient and durable explosion-proof LEDs fixtures.
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion-Proof LED Lighting Market Research Report
By Type
Fixed Type, Mobile Type
By Application
Oil and Mining, Military Bases, Airports and Other Transportation Facilities, Commercial/Industrial, Power/Other Plant
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Explosion-Proof LED Lighting Market Report Segments:
The global Explosion-Proof LED Lighting market is segmented on the basis of:
Types
Fixed Type, Mobile 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 Plant
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 Lighting 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
- By Application:
- Oil and Mining
- Military Bases, Airports and Other Transportation Facilities
- Commercial/Industrial
- Power/Other Plant
- 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 Lighting 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
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- Consumer Insights
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- Product & Brand Management
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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 lighting is a type of LED lighting that is designed to resist damage from explosions. This type of LED lighting can be used in areas where there is a risk of explosion, such as factories and warehouses.
Some of the key players operating in the explosion-proof led lighting 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 lighting market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Explosion-Proof LED Lighting 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 Lighting 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 Lighting Market - Supply Chain
4.5. Global Explosion-Proof LED Lighting Market Forecast
4.5.1. Explosion-Proof LED Lighting Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Explosion-Proof LED Lighting Market Size (000 Units) and Y-o-Y Growth
4.5.3. Explosion-Proof LED Lighting Market Absolute $ Opportunity
5. Global Explosion-Proof LED Lighting 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 Lighting Market Size and Volume Forecast by Type
5.3.1. Fixed Type
5.3.2. Mobile Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Explosion-Proof LED Lighting 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 Lighting 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 Plant
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Lighting 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 Lighting Demand Share Forecast, 2019-2026
9. North America Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Plant
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 Lighting Market Size and Volume Forecast by Type
9.7.1. Fixed Type
9.7.2. Mobile 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 Lighting Demand Share Forecast, 2019-2026
10. Latin America Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Plant
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 Lighting Market Size and Volume Forecast by Type
10.7.1. Fixed Type
10.7.2. Mobile 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 Lighting Demand Share Forecast, 2019-2026
11. Europe Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Plant
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Explosion-Proof LED Lighting Market Size and Volume Forecast by Type
11.7.1. Fixed Type
11.7.2. Mobile 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 Lighting Demand Share, 2019-2026
12. Asia Pacific Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Plant
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 Lighting Market Size and Volume Forecast by Type
12.7.1. Fixed Type
12.7.2. Mobile 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 Lighting Demand Share, 2019-2026
13. Middle East & Africa Explosion-Proof LED Lighting 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 Lighting 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 Lighting 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 Plant
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 Lighting Market Size and Volume Forecast by Type
13.7.1. Fixed Type
13.7.2. Mobile 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 Lighting Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Explosion-Proof LED Lighting Market: Market Share Analysis
14.2. Explosion-Proof LED Lighting Distributors and Customers
14.3. Explosion-Proof LED Lighting 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
