Global Explosion Proof Equipment Market 2022-2028

Global Explosion Proof Equipment Market 2022-2028

Explosion proof equipment refers to an electrical device that is constructed so as to prevent release of vapor-igniting sparks, and which may be installed in an area where the device might be surrounded by ignitible vapors. According to Gen Consulting Company, the global explosion proof equipment market is projected to reach USD 10,691 million, recording a CAGR of approximately 5.9 percent from 2022 to 2028.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global explosion proof equipment market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the explosion proof equipment industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the protection method, system, end user, and region. The global market for explosion proof equipment can be segmented by protection method: explosion prevention, explosion containment, explosion segregation. Globally, the explosion prevention segment made up the largest share of the explosion proof equipment market. Explosion proof equipment market is further segmented by system: automation system, cable glands, HVAC systems, junction boxes and enclosures, lighting system, signaling devices, surveillance and monitoring system, others. Based on end user, the explosion proof equipment market is segmented into: chemical and petrochemical, energy and power, food processing, manufacturing, mining, oil & gas, pharmaceuticals, others. On the basis of region, the explosion proof equipment market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By protection method:

• explosion prevention
• explosion containment
• explosion segregation

By system:

• automation system
• cable glands
• HVAC systems
• junction boxes and enclosures
• lighting system
• signaling devices
• surveillance and monitoring system
• others

By end user:

• chemical and petrochemical
• energy and power
• food processing
• manufacturing
• mining
• oil & gas
• pharmaceuticals
• others

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The global explosion proof equipment market report offers detailed information on several market vendors, including ABB Limited, Adalet/Scott Fetzer Company, Bartec GmbH, Eaton Corporation plc, Extronics Ltd, Intertek Group plc, Pepperl+Fuchs SE, R. STAHL AG, Rockwell Automation, Inc., Siemens AG, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global explosion proof equipment market.
• To classify and forecast the global explosion proof equipment market based on protection method, system, end user, region.
• To identify drivers and challenges for the global explosion proof equipment market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global explosion proof equipment market.
• To identify and analyze the profile of leading players operating in the global explosion proof equipment market.

Why Choose This Report

• Gain a reliable outlook of the global explosion proof equipment market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.