Explosion Proof Lighting Market to Reach US$ 606.1 Mn at CAGR of 10.7% in 2027

Explosion Proof Lighting Market to 2027 - Global Analysis and Forecasts by Light Type (LED Light, Fluorescent Light, Incandescent Light, and HID Light); Type (Fixed Lighting, Mobile Lighting, Small & Portable Lighting); and Application (Chemical, Marine, Power Plants, Airport, Military Bases, Mining, Oil & Gas, Laboratories, Transportation Facilities, Food & Beverage, and Others)

  • Report Code : TIPRE00003155
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 279
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The global explosion proof lighting market valued US$ 250.1 Mn in 2018 and is expected to reach US$ 606.1 Mn by 2027, growing at a CAGR of 10.7% in the forecast period

The equipment approved for use in a hazardous area is regulated by several certifying agencies. For instance, in North America, usually, UL (Underwriters Laboratories) and FM (Factory Mutual) provide standards, testing and certification in the country although CSA (the Canadian Standard Association) provides the same in Canada. Recently, FM, UL, and CSA have all implemented programs enabling certifications to be valid in both countries. The increasing government regulations for worker safety is the key factor propelling the explosion proof lighting market growth.

 Lucrative Regional Markets

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Market Insights

Advancement in features of explosion proof lighting is anticipated to provide a prosperous opportunity to the explosion proof lighting market growth

To reduce the combustion risk, the businesses deploy fixtures with approval ratings of Class 1 Division 1 (C1D1) and Class 1 Division 2 (C1D2) inside the facility. Further, fixtures that are designed for oil refineries come with advanced features such as water-tightness and corrosion-resistance. This pertains to frequent exposure to abrasive cleaning solutions. The constant exposure to corrosive agents and water and corrosive agents may cause failure to the lights. This can lead to a serious safety hazard, specifically for workers.

Europe is leading the explosion proof lighting market with a CAGR of 9.5%

The classification and certification for hazardous locations equipment in Europe are described under ATEX (ATmospheres EXplosibles) Directive, which is derived from standardizations established by CENELEC as well as the European Committee for Electrotechnical Standardization. Some of the major industries in the region include ferrous and non-ferrous metal production and processing, petroleum, coal, chemicals, cement, pharmaceuticals, aerospace, passenger and commercial vehicles, rail transportation equipment, industrial equipment, construction equipment, shipbuilding, electronics and telecommunications equipment, electrical power equipment, F&B, paper and textiles. Also, APAC is expected to witness the highest CAGR growth in the explosion proof lighting market during the forecast period.

Light Type Insights

The global explosion proof lighting market by light type is led by LEDs. LED solutions are energy efficient and low maintenance alternative to fluorescent lighting. The rise in demand for better and efficient lighting systems paired with increasing awareness for improving the energy efficiency drives the explosion proof lighting market for the LED systems. Further, one of the major growth drivers for LED systems is the low cost of the systems in comparison with its conventional counterparts. Also, the time required for the installation of these systems is lesser.

Application Insights

The explosion proof lighting market is segmented based on chemical, marine, power plants, airports, military bases, mining, oil & gas, laboratories, transportation facilities, food & beverage, and others. The chemical industry is foreseen to witness the highest CAGR growth in the explosion proof lighting market during the forecast period. Chemicals have strict requirements, which includes very high illuminance levels and contrast and color rendition. In the place, where chemicals are handled and processed, light fittings need precise vapor protection. Lighting in working atmospheres with chemical substances is a crucial safety issue. The chemical sector deals with flammable, toxic, and explosive substances in almost all single production process. Thus, lightning flashes, as well as over-voltages, are considered as high risks elements for the technical facilities and the staff working near to them.

Rest of Europe Explosion Proof Lighting Market by Application

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Explosion Proof Lighting Market: Strategic Insights

explosion-proof-lighting-market
Market Size Value inUS$ 250.1 Million in 2018
Market Size Value byUS$ 606.1 Million by 2027
Growth rateCAGR of 10.7% from 2019-2027
Forecast Period2019-2027
Base Year2019
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In the highly competitive explosion proof lighting market, international expansion complicates this task by necessitating manufacturers to identify and comprehend global certification requirements along with applying them to their innovations. For efficiently compete in the explosion proof lighting market, manufacturers require to mitigate risks, innovate safely, and enter global markets. Certain countries of the world may only need a local certification mark for explosion proof lighting; however, other countries of the world may use harmonized certification systems such as the IECEx Systems and ATEX Directive. Few of the recent developments are listed below:

2019:Emerson announced its next-generation Appleton Areamaster LED is certified by the ATEX and the IECEx for Zone 1 encapsulation. The Appleton Areamaster Generation 2 Zone 1 LED is available in six-lumen outputs providing up to 36,000 lumens or the equivalence of 175W to 1500W HID luminaires, yet use 80 percent less energy.
2018:Abtech launched ExLED; a GRP linear LED fully certified, which is designed as a replacement for traditional 36W and 58W fluorescent luminaires, the ExLED is a superior quality LED linear for use in Zone 2 & 22 hazardous areas.
2018:Adolf Schuch GmbH launched Small LED-Light Fittings for hazardous areas in zones 1/21, the most common area for explosive atmospheres. E856 series is an emergency light fitting with an in-built battery that can also be used with a pictogram as a sign or escape light.

Global Explosion Proof Lighting Market – By Type

  • Fixed Lighting
  • Mobile Lighting
  • Small & Portable Lighting

Global Explosion Proof Lighting Market – By Light Type

  • Incandescent
  • Fluorescent
  • LED
  • HID

Global Explosion Proof Lighting Market – By Application

  • Chemical
  • Marine
  • Power Plants
  • Airports
  • Military Bases
  • Oil & Gas
  • Laboratory
  • Food & Beverage
  • Transportation Facility
  • Others

Global Explosion Proof Lighting Market – By Geography

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • Italy
    • Russia
    • UK
    • Rest of Europe
  • Asia Pacific (APAC)

    • China
    • India
    • Australia
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)

    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South America

    • Brazil
    • Rest of South America (SAM)

Company Profiles

  • ABB Ltd.
  • Abtech Ltd.
  • Adolf Schuch GmbH
  • Airfal International
  • Alfred Pracht Lichttechnik GmbH (Pracht)
  • AtomSvet LLC
  • Cortem S.p.A.
  • Eaton Corporation Plc.
  • Emerson Electric Co.
  • General Electric
  • Glamox AS
  • Hubbell Inc.
  • Larson Electronics LLC
  • LDPI, Inc.
  • NORKA Lighting
  • Nuova ASP
  • OSRAM Licht AG
  • Phoenix Products LLC
  • R. STAHL AG
  • Rockwell Automation, Inc.
  • Shenzhen Lighting Inc.
  • Signify Holding
  • Technor Italsmea SpA (MARECHAL ELECTRIC)
  • TEP Ex
  • TREVOS, a.s.
  • Unimar Inc.
  • VYRTYCH, a.s.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Light Type ; Type ; and Application

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

  1. ABB Ltd.
  2. Abtech Ltd.
  3. Adolf Schuch GmbH
  4. Airfal International
  5. Alfred Pracht Lichttechnik GmbH (Pracht)
  6. AtomSvet LLC
  7. Cortem S.p.A.
  8. Eaton Corporation Plc.
  9. Emerson Electric Co.
  10. General Electric
  11. Glamox AS
  12. Hubbell Inc.
  13. Larson Electronics LLC
  14. LDPI, Inc.
  15. NORKA Lighting
  16. Nuova ASP
  17. OSRAM Licht AG
  18. Phoenix Products LLC
  19. R. STAHL AG
  20. Rockwell Automation, Inc.
  21. Shenzhen Lighting Inc.
  22. Signify Holding
  23. Technor Italsmea SpA (MARECHAL ELECTRIC)
  24. TEP Ex 
  25. TREVOS, a.s.
  26. Unimar Inc.
  27. VYRTYCH, a.s.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

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Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

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  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

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