Market Overview:
The global explosion proof differential pressure switches 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 differential pressure switches in process and industrial applications. In addition, the growing awareness about safety and security among end users is also contributing to the growth of this market. Based on type, the global explosion proof differential pressure switches market can be segmented into low pressure switch and high pressure switch. Low-pressure switches are used for detecting low pressures, while high-pressure switches are used for detecting high pressures. Based on application, the global explosion proof differential pressure switches market can be segmented into process applications and industrial applications. Process applications include chemical processing, oil & gas production, water treatment plants, and others such as food & beverage processing plants and pharmaceuticals manufacturing plants.
Product Definition:
Explosion proof differential pressure switches are used to detect the presence of an explosive atmosphere. The importance of these switches is that they can provide early warning of an impending explosion, which can give workers enough time to evacuate the area.
Low Pressure Switch:
Low pressure switch is a valve that is used to control or monitor the flow of a medium through an opening in one barrier and automatically open when the pressure differential across it becomes too great. The low-pressure switches are available in two forms, which include linear and non-linear types.
Linear type has only two controlling positions, namely closed and open; while non-linear type can have three or more controlling positions depending upon its application.
High Pressure Switch:
High pressure switch is a safety device used to interrupt the flow of high-pressure fluid in case of an emergency. It is mainly installed on the supply side of an explosion proof differential pressure switch. The basic function of this device is to interrupt the forward momentum and force generated by a moving part, thus preventing it from causing damage to itself and other components.
Application Insights:
The process applications segment led the global explosion proof differential pressure switches market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The industrial applications include chemical, petrochemical, power generation and oil & gas industries among others. Differential pressure switchgear is used in several industrial processes including fluid catalytic cracking (FCC), hydrocracking, visbreaking units and hydrotreating to name a few.
In an attempt to reduce operating costs, numerous companies are focusing on reducing their energy consumption as well as increasing their operational efficiency through implementation of automated control systems that in turn will drive the demand for DPDSs over the coming years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region owing to the increasing number of nuclear power plants in China and India. The growth of this industry is also supported by growing oil & gas, chemical, and other similar industries in these countries. For instance, as per 2017 rankings published by Financial Times (FT), China was ranked third globally for Chemical Engineering expertise with a total of 1,845 universities teaching about chemistry across the globe.
The Middle East & Africa are anticipated to grow at a significant rate over the forecast period owing to rapid development in various end-use applications including oil & gas exploration and production; water treatment; mining; food processing/supply chains; healthcare facilities etc., especially within Saudi Arabia and UAE. In addition, rising investments from both public as well as private sectors are likely to boost product demand over next eight years or so.
Growth Factors:
- Increasing demand for explosion proof differential pressure switches in oil and gas industry as these switches are used to detect the presence of flammable gases and vapors.
- Rising demand for these switches from chemical, pharmaceutical, and food processing industries as they help in detecting leaks and maintaining safety standards.
- Growing awareness about the benefits of using explosion proof differential pressure switches among end-users is propelling the market growth.
- Technological advancements in switch manufacturing are resulting in better performance and reliability of these devices, which is fueling their adoption across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Proof Differential Pressure Switches Market Research Report
By Type
Low Pressure Switch, High Pressure Switch
By Application
Process Applications, Industrial Applications
By Companies
OMEGA Engineering, Ashcroft, SOR, Dwyer Instruments, Solon Manufacturing, EK Engineering, United Electric Controls, OMEGA Engineering
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Proof Differential Pressure Switches Market Report Segments:
The global Explosion Proof Differential Pressure Switches market is segmented on the basis of:
Types
Low Pressure Switch, High Pressure Switch
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
Process Applications, Industrial Applications
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:
- OMEGA Engineering
- Ashcroft
- SOR
- Dwyer Instruments
- Solon Manufacturing
- EK Engineering
- United Electric Controls
- OMEGA Engineering
Highlights of The Explosion Proof Differential Pressure Switches 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:
- Low Pressure Switch
- High Pressure Switch
- By Application:
- Process Applications
- Industrial Applications
- 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 Differential Pressure Switches 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 Differential Pressure Switches are designed to protect critical equipment from the effects of an explosion. These switches are typically used in industrial and commercial settings where high-pressure gas or liquid systems are present.
Some of the major companies in the explosion proof differential pressure switches market are OMEGA Engineering, Ashcroft, SOR, Dwyer Instruments, Solon Manufacturing, EK Engineering, United Electric Controls, OMEGA Engineering.
The explosion proof differential pressure switches market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Explosion Proof Differential Pressure Switches Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Explosion Proof Differential Pressure Switches Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Explosion Proof Differential Pressure Switches Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Explosion Proof Differential Pressure Switches Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Explosion Proof Differential Pressure Switches Market Size & Forecast, 2020-2028
4.5.1 Explosion Proof Differential Pressure Switches Market Size and Y-o-Y Growth
4.5.2 Explosion Proof Differential Pressure Switches Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Low Pressure Switch
5.2.2 High Pressure Switch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Process Applications
6.2.2 Industrial Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Explosion Proof Differential Pressure Switches Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Explosion Proof Differential Pressure Switches Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Low Pressure Switch
9.6.2 High Pressure Switch
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Process Applications
9.10.2 Industrial Applications
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Low Pressure Switch
10.6.2 High Pressure Switch
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Process Applications
10.10.2 Industrial Applications
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Low Pressure Switch
11.6.2 High Pressure Switch
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Process Applications
11.10.2 Industrial Applications
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Low Pressure Switch
12.6.2 High Pressure Switch
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Process Applications
12.10.2 Industrial Applications
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Low Pressure Switch
13.6.2 High Pressure Switch
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Process Applications
13.10.2 Industrial Applications
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Explosion Proof Differential Pressure Switches Market: Competitive Dashboard
14.2 Global Explosion Proof Differential Pressure Switches Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMEGA Engineering
14.3.2 Ashcroft
14.3.3 SOR
14.3.4 Dwyer Instruments
14.3.5 Solon Manufacturing
14.3.6 EK Engineering
14.3.7 United Electric Controls
14.3.8 OMEGA Engineering
