Market Overview:
The global explosion proof stepper motors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for explosion proof stepper motors in various end-use industries, such as petrochemical industry, coal industry, food and beverage industry, pharmaceuticals industry and others. In addition, the growing awareness about safety among consumers is also propelling the demand for explosion proof stepper motors globally. Based on type, the global explosion proof stepper motors market can be segmented into flame-proof type, increased safety type and others. The flame-proof type segment is expected to hold a major share of the global market during the forecast period owing to its properties that make it resistant to explosions.
Product Definition:
An explosion proof stepper motor is a type of electric motor that can be safely used in locations where there is a risk of an explosion. These motors are typically used in applications where there is a high level of dust or flammable gas present.
Flame-proof Type:
Flame-proof type is a special material that has the ability to resist high temperatures. It's major applications are in explosion proof stepper motors and other heat-sensitive devices. The flame-proof materials have been classified into two types: organic and inorganic. The inorganic flame-proof materials include ceramics, metals, and their alloys; while the organic ones consist of resins, oils, waxes & fats.
Increased Safety Type:
Increased safety type is a technology that helps to reduce the probability of explosion in step motors by increasing the clearance between windings and conducting air. This technology is mainly used in applications where there is a high risk of fire, such as mining, chemical plants, oil rigs, and nuclear power plants.
Application Insights:
The industry is segmented on the basis of application into the coal industry, food and beverage, pharmaceuticals, chemical and petrochemical industries, municipal infrastructure construction industries (water treatment plants), energy generation sectors (power plants), and others. The coal industry was estimated to be the largest segment in 2017. These motors are used for various applications such as electric drives for ventilation fans or cooling systems in power plants that require a high level of safety against over-speed explosions.
The chemical and petrochemical industries are expected to witness significant growth over the forecast period owing to stringent regulations regarding plant safety implemented by regulatory authorities across countries such as U.S., China Japan South Korea Germany France UK etcetera). In addition, these applications also include machinery used in oil refineries process lines where utmost precision is required along with high durability and efficiency requirements which has resulted in an increased adoption of explosion proof stepper motors across this sector globally since past few 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 witnessed several industrial accidents, which have led to a significant rise in demand for ESAM motors. In addition, rising investments by governments of emerging economies such as China and India are anticipated to boost the regional market growth over the forecast period.
The European market is also estimated to witness considerable growth during the same period owing to stringent government regulations regarding explosion-proof motors installation in industries operating with high risk of fire or explosion occurrence. Moreover, growing adoption of automation technology across various end-use industries will further propel industry expansion over next eight years.
North America accounted for a significant share due to presence of major players such as ABB Ltd., Siemens AG, General Electric Co., and others involved in manufacturing these products coupled with increasing focus on safety standards by OSHA and other regulatory bodies within U.
Growth Factors:
- Increasing demand for explosion proof stepper motors from oil and gas industry as these motors are used in various applications such as pumps, compressors, blowers and mixers.
- Growing demand for electric vehicles which is expected to boost the market for explosion proof stepper motors over the forecast period.
- Rising investments in automation across various industries is expected to propel the growth of the market for explosion proof stepper motors during the forecast period.
- Increasing awareness about safety measures among end-users is projected to fuel the growth of Explosion Proof Stepper Motors market during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Explosion Proof Stepper Motors Market Research Report
By Type
Flame-proof Type, Increased Safety Type, Others
By Application
Petrochemical Industry, Coal Industry, Food and Beverage, Pharmaceutical, Others
By Companies
Toshiba, ABB, Siemens, WEG, Regal Beloit, Hyosung, Nidec, TECO- Westinghouse, Kollmorgen, Lafert, Toshiba, Wolong, Jiamusi Electric Machine, Dazhong Electro Motors, Anda Explosion-proof Electrical Equipment, SEC Electric Machinery, Gaoke Dianji
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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Explosion Proof Stepper Motors Market Report Segments:
The global Explosion Proof Stepper Motors market is segmented on the basis of:
Types
Flame-proof Type, Increased Safety Type, 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
Petrochemical Industry, Coal Industry, Food and Beverage, Pharmaceutical, 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:
- Toshiba
- ABB
- Siemens
- WEG
- Regal Beloit
- Hyosung
- Nidec
- TECO- Westinghouse
- Kollmorgen
- Lafert
- Toshiba
- Wolong
- Jiamusi Electric Machine
- Dazhong Electro Motors
- Anda Explosion-proof Electrical Equipment
- SEC Electric Machinery
- Gaoke Dianji
Highlights of The Explosion Proof Stepper Motors 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:
- Flame-proof Type
- Increased Safety Type
- Others
- By Application:
- Petrochemical Industry
- Coal Industry
- Food and Beverage
- Pharmaceutical
- 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 Stepper Motors 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.
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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 Stepper Motors are motors that have been designed to resist the effects of an explosion. This means that they are able to withstand high levels of heat and pressure, which can lead to them failing in an explosive situation.
Some of the key players operating in the explosion proof stepper motors market are Toshiba, ABB, Siemens, WEG, Regal Beloit, Hyosung, Nidec, TECO- Westinghouse, Kollmorgen, Lafert, Toshiba, Wolong, Jiamusi Electric Machine, Dazhong Electro Motors, Anda Explosion-proof Electrical Equipment, SEC Electric Machinery, Gaoke Dianji.
The explosion proof stepper motors market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Explosion Proof Stepper Motors 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 Stepper Motors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Explosion Proof Stepper Motors 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 Stepper Motors 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 Stepper Motors Market Size & Forecast, 2020-2028
4.5.1 Explosion Proof Stepper Motors Market Size and Y-o-Y Growth
4.5.2 Explosion Proof Stepper Motors 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 Flame-proof Type
5.2.2 Increased Safety Type
5.2.3 Others
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 Petrochemical Industry
6.2.2 Coal Industry
6.2.3 Food and Beverage
6.2.4 Pharmaceutical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Explosion Proof Stepper Motors 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 Stepper Motors 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 Flame-proof Type
9.6.2 Increased Safety Type
9.6.3 Others
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 Petrochemical Industry
9.10.2 Coal Industry
9.10.3 Food and Beverage
9.10.4 Pharmaceutical
9.10.5 Others
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 Flame-proof Type
10.6.2 Increased Safety Type
10.6.3 Others
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 Petrochemical Industry
10.10.2 Coal Industry
10.10.3 Food and Beverage
10.10.4 Pharmaceutical
10.10.5 Others
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 Flame-proof Type
11.6.2 Increased Safety Type
11.6.3 Others
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 Petrochemical Industry
11.10.2 Coal Industry
11.10.3 Food and Beverage
11.10.4 Pharmaceutical
11.10.5 Others
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 Flame-proof Type
12.6.2 Increased Safety Type
12.6.3 Others
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 Petrochemical Industry
12.10.2 Coal Industry
12.10.3 Food and Beverage
12.10.4 Pharmaceutical
12.10.5 Others
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 Flame-proof Type
13.6.2 Increased Safety Type
13.6.3 Others
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 Petrochemical Industry
13.10.2 Coal Industry
13.10.3 Food and Beverage
13.10.4 Pharmaceutical
13.10.5 Others
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 Stepper Motors Market: Competitive Dashboard
14.2 Global Explosion Proof Stepper Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Toshiba
14.3.2 ABB
14.3.3 Siemens
14.3.4 WEG
14.3.5 Regal Beloit
14.3.6 Hyosung
14.3.7 Nidec
14.3.8 TECO- Westinghouse
14.3.9 Kollmorgen
14.3.10 Lafert
14.3.11 Toshiba
14.3.12 Wolong
14.3.13 Jiamusi Electric Machine
14.3.14 Dazhong Electro Motors
14.3.15 Anda Explosion-proof Electrical Equipment
14.3.16 SEC Electric Machinery
14.3.17 Gaoke Dianji
