Market Overview:
The global hazardous location LED lights 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 lighting solutions and the growing awareness about the benefits of LED lights over traditional lighting solutions. The hazardous location LED lights market is segmented on the basis of type, application, and region. On the basis of type, the hazardous location LED lights market is segmented into LED cart light, LED flash light, LED flood light, offshore skid lighting,LED ladder mount light and others. The offshore skid lighting segment is expected to grow at a highest CAGR during the forecast period owing to its increasing demand in oil & gas industries across different regions.
Product Definition:
Hazardous Location LED Lights are specifically designed to be used in areas where there is a potentially hazardous atmosphere. These lights are typically certified for use in Class I, II, and III locations where flammable gases or vapors may be present.
LED Cart Light:
LED cart light is a hazardous location lighting product that is used to illuminate the work area of the person who operates in hazardous locations such as roads, bridges, railings and others. The growth factor for this market is increasing demand from construction sector which includes road & bridge construction, industrial infrastructure development and new power plant establishment. Moreover due to growing awareness regarding safety at workplace LED cart lights are also gaining popularity over conventional ones.
LED Flash Light:
LED flash light is a type of portable lighting device used for producing bright lights in short period of time. It is mainly used in hazardous locations where conventional lighting sources are not accessible or cannot be utilized. LED flashlights are battery-powered and can produce light by using various kinds of batteries including watch batteries, A-type batteries, and dry cells.
Application Insights:
The application segment is segregated into petroleum refineries, aircraft hangars, utility gas plants, off-shore oil platforms, dry cleaning plants and other locations. The utility gas plant segment accounted for the largest share in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing demand for energy due to rapid urbanization along with technological advancements such as smart grids that facilitate remote monitoring & control systems.
In terms of revenue, the utility gas plant application segment was valued at USD 281 million in 2017 and is projected to reach USD 391 million by 2030 growing at a CAGR of XX% over the forecast period. Other applications include chemical plants where LED lights are used for process improvement through automation as well as safety & security purposes owing to robust infrastructure development coupled with improved public safety services worldwide has resulted in increased adoption across various industries including utilities and manufacturing sectors globally since past few years.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing offshore projects, such as oil & gas pipelines and LNG terminals, which require installation of hazardous location LED lights. Furthermore, rising demand for energy-efficient lighting solutions from various end-use industries will drive regional growth further.
In addition, growing adoption of these lights in countries such as China and India owing to increased manufacturing activities is anticipated to fuel market growth over the forecast period. In addition, favorable government regulations regarding tax benefits on lighting products are also likely to contribute toward regional product demand in near future.
Growth Factors:
- Increasing demand for energy-efficient lighting solutions
- Growing awareness about the benefits of LED lights
- Rising demand from the industrial sector
- Technological advancements in LED lighting technology
- Stringent government regulations mandating the use of energy-efficient lighting solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Hazardous Location LED Lights Market Research Report
By Type
LED Cart Light, LED Flash Light, LED Flood Light, Offshore Skid Lighting, LED Ladder Mount Light, Others
By Application
Petroleum Refineries, Aircraft Hangars, Dry Cleaning Plants, Utility Gas Plants, Off-Shore Oil Platforms, Chemical Plants, Others
By Companies
ABB, Emerson Industrial Automation, Digital Lumens, Unimar, GE Lighting, Chalmit (Hubbell Limited), WorkSite Lighting, Larson Electronics, Eaton, Dialight, ABB, Federal Signal, RAB Lighting, LDPI, Intertek
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Hazardous Location LED Lights Market Report Segments:
The global Hazardous Location LED Lights market is segmented on the basis of:
Types
LED Cart Light, LED Flash Light, LED Flood Light, Offshore Skid Lighting, LED Ladder Mount Light, 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
Petroleum Refineries, Aircraft Hangars, Dry Cleaning Plants, Utility Gas Plants, Off-Shore Oil Platforms, Chemical Plants, 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:
- ABB
- Emerson Industrial Automation
- Digital Lumens
- Unimar
- GE Lighting
- Chalmit (Hubbell Limited)
- WorkSite Lighting
- Larson Electronics
- Eaton
- Dialight
- ABB
- Federal Signal
- RAB Lighting
- LDPI
- Intertek
Highlights of The Hazardous Location LED Lights 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:
- LED Cart Light
- LED Flash Light
- LED Flood Light
- Offshore Skid Lighting
- LED Ladder Mount Light
- Others
- By Application:
- Petroleum Refineries
- Aircraft Hangars
- Dry Cleaning Plants
- Utility Gas Plants
- Off-Shore Oil Platforms
- Chemical Plants
- 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 Hazardous Location LED Lights 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?
Hazardous Location LED Lights are a type of lighting that is designed to indicate a location where there may be hazardous materials or other dangerous conditions. These lights can be used in places like factories, warehouses, and other industrial settings. They are often brightly colored and can help to warn people about potential dangers.
Some of the key players operating in the hazardous location led lights market are ABB, Emerson Industrial Automation, Digital Lumens, Unimar, GE Lighting, Chalmit (Hubbell Limited), WorkSite Lighting, Larson Electronics, Eaton, Dialight, ABB, Federal Signal, RAB Lighting, LDPI, Intertek.
The hazardous location led lights market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hazardous Location LED Lights 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 Hazardous Location LED Lights Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hazardous Location LED Lights 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 Hazardous Location LED Lights 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 Hazardous Location LED Lights Market Size & Forecast, 2020-2028
4.5.1 Hazardous Location LED Lights Market Size and Y-o-Y Growth
4.5.2 Hazardous Location LED Lights 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 LED Cart Light
5.2.2 LED Flash Light
5.2.3 LED Flood Light
5.2.4 Offshore Skid Lighting
5.2.5 LED Ladder Mount Light
5.2.6 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 Petroleum Refineries
6.2.2 Aircraft Hangars
6.2.3 Dry Cleaning Plants
6.2.4 Utility Gas Plants
6.2.5 Off-Shore Oil Platforms
6.2.6 Chemical Plants
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hazardous Location LED Lights 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 Hazardous Location LED Lights 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 LED Cart Light
9.6.2 LED Flash Light
9.6.3 LED Flood Light
9.6.4 Offshore Skid Lighting
9.6.5 LED Ladder Mount Light
9.6.6 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 Petroleum Refineries
9.10.2 Aircraft Hangars
9.10.3 Dry Cleaning Plants
9.10.4 Utility Gas Plants
9.10.5 Off-Shore Oil Platforms
9.10.6 Chemical Plants
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 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 LED Cart Light
10.6.2 LED Flash Light
10.6.3 LED Flood Light
10.6.4 Offshore Skid Lighting
10.6.5 LED Ladder Mount Light
10.6.6 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 Petroleum Refineries
10.10.2 Aircraft Hangars
10.10.3 Dry Cleaning Plants
10.10.4 Utility Gas Plants
10.10.5 Off-Shore Oil Platforms
10.10.6 Chemical Plants
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 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 LED Cart Light
11.6.2 LED Flash Light
11.6.3 LED Flood Light
11.6.4 Offshore Skid Lighting
11.6.5 LED Ladder Mount Light
11.6.6 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 Petroleum Refineries
11.10.2 Aircraft Hangars
11.10.3 Dry Cleaning Plants
11.10.4 Utility Gas Plants
11.10.5 Off-Shore Oil Platforms
11.10.6 Chemical Plants
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 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 LED Cart Light
12.6.2 LED Flash Light
12.6.3 LED Flood Light
12.6.4 Offshore Skid Lighting
12.6.5 LED Ladder Mount Light
12.6.6 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 Petroleum Refineries
12.10.2 Aircraft Hangars
12.10.3 Dry Cleaning Plants
12.10.4 Utility Gas Plants
12.10.5 Off-Shore Oil Platforms
12.10.6 Chemical Plants
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) 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 LED Cart Light
13.6.2 LED Flash Light
13.6.3 LED Flood Light
13.6.4 Offshore Skid Lighting
13.6.5 LED Ladder Mount Light
13.6.6 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 Petroleum Refineries
13.10.2 Aircraft Hangars
13.10.3 Dry Cleaning Plants
13.10.4 Utility Gas Plants
13.10.5 Off-Shore Oil Platforms
13.10.6 Chemical Plants
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 Hazardous Location LED Lights Market: Competitive Dashboard
14.2 Global Hazardous Location LED Lights Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Emerson Industrial Automation
14.3.3 Digital Lumens
14.3.4 Unimar
14.3.5 GE Lighting
14.3.6 Chalmit (Hubbell Limited)
14.3.7 WorkSite Lighting
14.3.8 Larson Electronics
14.3.9 Eaton
14.3.10 Dialight
14.3.11 ABB
14.3.12 Federal Signal
14.3.13 RAB Lighting
14.3.14 LDPI
14.3.15 Intertek
