Market Overview:
The global hazard control market is expected to grow from USD 9.5 billion in 2018 to USD 15.8 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the hazard control market can be attributed to the increasing demand for intrinsically safe and flameproof/explosion proof equipment across various industries, such as oil & gas, metals & mining, chemicals & pharmaceuticals, mills (flour & grain), packaging, aerospace & defense, and others.
Product Definition:
Hazard Control is the process of reducing or eliminating potential hazards in the workplace. The purpose of Hazard Control is to protect employees from injury or illness.
Intrinsic Safety:
Intrinsic safety is a design approach that focuses on the protection of people, property and the environment in an efficient and cost-effective manner. Intrinsic safety plays a significant role in hazard control system design. It provides benefits such as improved reliability, reduced costs and increased productivity which are expected to drive market growth over the forecast period.
Flameproof/Explosion Proof:
Flameproof/Explosion proof is a material that can sustain flame and high temperature. It's major application is in the hazard control industry. The global market size for flameproof/explosion proof clothing was estimated at USD 1,252 million in 2016. Growing concerns regarding employee safety across various industries are expected to drive demand over the forecast period.
Application Insights:
The oil & gas segment accounted for the largest revenue share in 2016 and is anticipated to continue its dominance over the forecast period. The increasing need for controlling hazards related to fire, toxic gases and explosive substances at well sites, drilling facilities and pipelines is expected to drive demand over the forecast period.
The metals & mining segment accounted for a significant revenue share in 2016 owing to growing demand from various end-use industries including construction materials, automotive components and electronics. The growth of these industries depends on factors such as availability of raw materials (metals), energy & power (minerals) production technologies along with infrastructure development that affects economies across geographies. These factors are expected to increase industry penetration resulting in high product consumption during manufacturing processes thereby driving demand over the forecast period.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing demand for hazardous materials and explosives in various applications. The growing end-use industries coupled with rising investments in construction, oil & gas, and others are expected to drive the growth of this regional market. Moreover, favorable government regulations pertaining to employee safety standards are also expected to fuel industry expansion over the next eight years.
North America held a substantial revenue share of more than 25% in 2017 due primarilyto high demand from U.S., which is one of the most developed countries regarding industrialization and technology adoption across several sectors including aerospace & defense, oil & gas, chemicals & pharmaceuticals among others.
Growth Factors:
- Increasing awareness about the hazards and risks associated with various industrial and commercial activities is driving the demand for hazard control products and services.
- Rapid growth in construction, manufacturing, and other industrial sectors is fueling the demand for hazard control products and services.
- Stringent government regulations pertaining to safety and health are encouraging companies to adopt hazard control measures in their workplaces.
- The increasing use of hazardous materials in various industries is leading to an increase in accidental incidents, which is boosting the demand for hazard control products and services worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hazard Control Market Research Report
By Type
Intrinsic Safety, Flameproof/Explosion Proof, Others
By Application
Oil & Gas, Metals & Mining, Chemicals & Pharmaceuticals, Mills(Flour & Grain), Packaging, Aerospace & Defense, Others
By Companies
Schneider Electric, Siemens, Emerson, ABB, Rockwell, Eaton, Ametek, Magnetek, Mitsubishi Electric, Bei Sensors, Bosch Rexroth, Bartec
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Hazard Control Market Report Segments:
The global Hazard Control market is segmented on the basis of:
Types
Intrinsic Safety, Flameproof/Explosion Proof, 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, Metals & Mining, Chemicals & Pharmaceuticals, Mills(Flour & Grain), Packaging, Aerospace & Defense, 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:
- Schneider Electric
- Siemens
- Emerson
- ABB
- Rockwell
- Eaton
- Ametek
- Magnetek
- Mitsubishi Electric
- Bei Sensors
- Bosch Rexroth
- Bartec
Highlights of The Hazard Control 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:
- Intrinsic Safety
- Flameproof/Explosion Proof
- Others
- By Application:
- Oil & Gas
- Metals & Mining
- Chemicals & Pharmaceuticals
- Mills(Flour & Grain)
- Packaging
- Aerospace & Defense
- 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 Hazard Control 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?
Hazard control is the practice of protecting people and property from potential hazards. Hazards can be physical, chemical, or biological. Hazardous materials are substances that may cause harm if they come into contact with skin, eyes, or other organs.
Some of the major players in the hazard control market are Schneider Electric, Siemens, Emerson, ABB, Rockwell, Eaton, Ametek, Magnetek, Mitsubishi Electric, Bei Sensors, Bosch Rexroth, Bartec.
The hazard control market is expected to grow at a compound annual growth rate of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hazard Control 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 Hazard Control Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hazard Control 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 Hazard Control 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 Hazard Control Market Size & Forecast, 2018-2028
4.5.1 Hazard Control Market Size and Y-o-Y Growth
4.5.2 Hazard Control Market Absolute $ Opportunity
Chapter 5 Global Hazard Control 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 Hazard Control Market Size Forecast by Type
5.2.1 Intrinsic Safety
5.2.2 Flameproof/Explosion Proof
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hazard Control 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 Hazard Control Market Size Forecast by Applications
6.2.1 Oil & Gas
6.2.2 Metals & Mining
6.2.3 Chemicals & Pharmaceuticals
6.2.4 Mills(Flour & Grain)
6.2.5 Packaging
6.2.6 Aerospace & Defense
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hazard Control 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 Hazard Control 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 Hazard Control Analysis and Forecast
9.1 Introduction
9.2 North America Hazard Control 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 Hazard Control Market Size Forecast by Type
9.6.1 Intrinsic Safety
9.6.2 Flameproof/Explosion Proof
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 Hazard Control Market Size Forecast by Applications
9.10.1 Oil & Gas
9.10.2 Metals & Mining
9.10.3 Chemicals & Pharmaceuticals
9.10.4 Mills(Flour & Grain)
9.10.5 Packaging
9.10.6 Aerospace & Defense
9.10.7 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 Hazard Control Analysis and Forecast
10.1 Introduction
10.2 Europe Hazard Control 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 Hazard Control Market Size Forecast by Type
10.6.1 Intrinsic Safety
10.6.2 Flameproof/Explosion Proof
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 Hazard Control Market Size Forecast by Applications
10.10.1 Oil & Gas
10.10.2 Metals & Mining
10.10.3 Chemicals & Pharmaceuticals
10.10.4 Mills(Flour & Grain)
10.10.5 Packaging
10.10.6 Aerospace & Defense
10.10.7 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 Hazard Control Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hazard Control 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 Hazard Control Market Size Forecast by Type
11.6.1 Intrinsic Safety
11.6.2 Flameproof/Explosion Proof
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 Hazard Control Market Size Forecast by Applications
11.10.1 Oil & Gas
11.10.2 Metals & Mining
11.10.3 Chemicals & Pharmaceuticals
11.10.4 Mills(Flour & Grain)
11.10.5 Packaging
11.10.6 Aerospace & Defense
11.10.7 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 Hazard Control Analysis and Forecast
12.1 Introduction
12.2 Latin America Hazard Control 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 Hazard Control Market Size Forecast by Type
12.6.1 Intrinsic Safety
12.6.2 Flameproof/Explosion Proof
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 Hazard Control Market Size Forecast by Applications
12.10.1 Oil & Gas
12.10.2 Metals & Mining
12.10.3 Chemicals & Pharmaceuticals
12.10.4 Mills(Flour & Grain)
12.10.5 Packaging
12.10.6 Aerospace & Defense
12.10.7 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) Hazard Control Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hazard Control 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) Hazard Control Market Size Forecast by Type
13.6.1 Intrinsic Safety
13.6.2 Flameproof/Explosion Proof
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) Hazard Control Market Size Forecast by Applications
13.10.1 Oil & Gas
13.10.2 Metals & Mining
13.10.3 Chemicals & Pharmaceuticals
13.10.4 Mills(Flour & Grain)
13.10.5 Packaging
13.10.6 Aerospace & Defense
13.10.7 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 Hazard Control Market: Competitive Dashboard
14.2 Global Hazard Control Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Siemens
14.3.3 Emerson
14.3.4 ABB
14.3.5 Rockwell
14.3.6 Eaton
14.3.7 Ametek
14.3.8 Magnetek
14.3.9 Mitsubishi Electric
14.3.10 Bei Sensors
14.3.11 Bosch Rexroth
14.3.12 Bartec
