Global Hazardous Area Motors Market Growth 2024-2030
Hazardous Area Motors are special motors designed for use in potentially explosive environments. These environments may present a risk of fire or explosion due to the presence of flammable gases, vapors, mists or combustible dusts. To ensure safe operation in these high-risk areas, hazardous area motors must meet a series of strict safety standards and regulations.
The global Hazardous Area Motors market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Hazardous Area Motors Industry Forecast” looks at past sales and reviews total world Hazardous Area Motors sales in 2023, providing a comprehensive analysis by region and market sector of projected Hazardous Area Motors sales for 2024 through 2030. With Hazardous Area Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hazardous Area Motors industry.
This Insight Report provides a comprehensive analysis of the global Hazardous Area Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hazardous Area Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Hazardous Area Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hazardous Area Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hazardous Area Motors.
United States market for Hazardous Area Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Hazardous Area Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Hazardous Area Motors is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Hazardous Area Motors players cover ABB, WEG, Innomotics (Siemens), Cantoni Group, Cemp (Regal Rexnord), etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Hazardous Area Motors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
1000kW Below
1000-2000kW
2000-3000kW
3000-4000kW
4000-5000kW
5000kW Above
Segmentation by Application:
Oil and Gas
Chemicals
Pharmaceuticals
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
WEG
Innomotics (Siemens)
Cantoni Group
Cemp (Regal Rexnord)
Mitsubishi Electric Corporation
TMEIC
Hitachi Industrial Equipment Systems
Fuji Electric
VEM GmbH
SEW-EURODRIVE
Orange1
Menzel
TAMEL SA (ATB group)
Laxmi Hydraulics
Fantech
Fabrika (Nordic Drives Group)
NORD Gear Corporation
EMOD Motoren GmbH
OME Motors
Elektromotorenwerk Brienz AG
Elvem
Orientalmotor
Kirloskar Electric
Elom Motor
SEC Electric Machinery
Tatung (Shanghai)
TECO Corporatio
Wolong Electric Nanyang Explosion Protection Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hazardous Area Motors market?
What factors are driving Hazardous Area Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hazardous Area Motors market opportunities vary by end market size?
How does Hazardous Area Motors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.