[Research Report] The explosion-proof equipment market size is expected to grow from US$ 7.96 billion in 2022 to US$ 12.95 billion by 2030; it is estimated to record a CAGR of 6.3% from 2022 to 2030.
Explosion-Proof Equipment Market Analyst Perspective:
Strong economic conditions and low rates of housing loan interest will help maintain the expansion of construction activities in the world. Scandinavia is expected to show a slightly subdued growth, supported by improved construction sector conditions in various countries, allowing better residential and infrastructural spending. Swedish companies have a reputation for their methods and use of innovative technologies in the field of green buildings and infrastructure. Wooden building technology and low-energy housing solutions are areas where Sweden is at the forefront. These factors are boosting commercial and residential housing constructions, thereby increasing the need for explosion-proof equipment in buildings. For instance, BMarko Structures Inc. provides blast-resistant modular buildings. These blast-resistant modules are explosion-proof portable buildings designed to withstand blast loads. Thus, the growth of the construction sector is anticipated to create opportunities for the explosion-proof equipment market growth because of the need for explosion-proof equipment solutions in commercial and residential buildings.
Explosion-Proof Equipment Market Overview:
Explosion-proof equipment includes the products, devices, and solutions installed to inhibit sparks that can lead to an explosion. Installing these products in hazardous locations ensures better productivity and increased safety. Incorporating automation and monitoring systems ensures efficient tracking and detection, along with monitoring the functioning of the equipment. Therefore, these components help detect leaks of hazardous gases, accidental explosions, or any other complications during production. This provides added safety to the personnel, machinery, and surroundings. The designing and examination of explosion-proof equipment are controlled as per the NEC and ATEX/IEC standards, which create the production of equipment on the basis of the zone/class/group/division.
The global explosion-proof equipment market is segmented based on protection method, type, and industry. Based on systems, the market is classified into junction boxes & enclosures, lighting systems, monitoring systems, signaling devices, automation systems, cable glands, HVAC systems, and others. Based on protection method, the explosion-proof equipment market is segmented into explosion prevention, containment, and segregation. In terms of industry, the explosion-proof equipment market is segmented into manufacturing, pharmaceutical, mining, oil & gas, food processing, chemical & petrochemical, energy & power, and others.
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Explosion-Proof Equipment Market: Strategic Insights
Market Size Value in US$ 7.96 billion in 2022 Market Size Value by US$ 12.95 billion by 2030 Growth rate CAGR of 6.3% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Explosion-Proof Equipment Market: Strategic Insights
| Market Size Value in | US$ 7.96 billion in 2022 |
| Market Size Value by | US$ 12.95 billion by 2030 |
| Growth rate | CAGR of 6.3% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Explosion-Proof Equipment Market Driver:
Growth in Oil & Gas Industry
According to an article published by CEIC Data in December 2022, Denmark's crude oil production was reported at 64.633 barrels/day in December 2022. Norway's crude oil production was reported at 1,685.121 barrels/day in December 2022. Between June 2022 and May 2023, Sweden's crude oil production remained stable at around 10 thousand barrels per day. With the growing oil & gas industry, the demand for explosion-proof equipment is also increasing to ensure the safety of all operators and workers working in oil & gas plants.
Explosion-proof equipment play a crucial role in the oil & gas industry. In this industry, flammable liquids, gases, vapors, or combustible dust exist in sufficient quantities; hence, the safety of workers is the top priority. Generally, refineries, oil plants, and offshore facilities are constantly exposed to flammable substances. To combat the high potential for ignition, manufacturers must produce and rigorously test explosion-proof assets. For instance, in September 2020, the Scandinavian Sugar Mill Plant employed IEP technologies for explosion protection solutions. IEP Technologies proposed a solution that could be seamlessly incorporated into the existing equipment design parameters.
Explosion-Proof Equipment Market Report Segmentation and Scope:
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The global explosion-proof equipment market is segmented based on systems, protection method, Industry, and geography. The segmentation in this research study has been finalized post in-depth secondary research and extensive primary research. In addition, the explosion-proof equipment market is also segmented on the basis of protection methods offered by the leading participants in the industry in order to understand widely used market-specific terminologies. Thus, we have incorporated the segments of the research and have finalized the market segmentation.
Explosion-Proof Equipment Segmental Analysis:
Based on industry, the Explosion-Proof Equipment Market is segmented into Pharmaceutical, Mining, Oil & Gas, Manufacturing, Food processing, Energy & Power, Chemical & Petrochemical, Others.
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Explosion-Proof Equipment Market Regional Analysis:
North America consists of several countries, including the US, Canada, and Mexico. In North America, countries such as the US and Canada are known for adopting advanced technologies, high standards of living, and developed infrastructure. High disposable incomes and technological advancements have been propelling the growth of the explosion-proof equipment market as every type of industry, either SMEs or large enterprises, is focusing on deploying explosion-proof equipment in their factories. North America is expected to dominate the explosion-proof equipment market share as it has the highest number of manufacturing facilities and oil & gas industries. For instance, according to the American Manufacturing Statistics report of May 2021 published by Propel PLM Inc., there were 292,825 manufacturing factories in the US, and ~12.2 million people were employed in the US manufacturing industry in 2021. Similarly, for the oil & gas industry, a total of 22 companies were producing oil & natural gas in Mexico, with another two projected to join the list in 2020, according to the local oil and gas association—Amexhi. In Canada, 1,334 companies are producing oil & gas; in the US, there are ~9,000 independent oil & natural gas producers. Thus, with the growth of manufacturing and oil & gas industries in the region, the need to employ a greater number of workers and maintain the safety of workers and operators present in the factories is also increasing. Hence, there is an increased demand for explosion-proof equipment in these hazardous areas. Therefore, several industries (including oil & gas and manufacturing) are implementing explosion-proof equipment to maintain the safety of the operators and workers.
Explosion-Proof Equipment Market Key Player Analysis:
BARTEC Gmbh, Intertek Group PLC, R. STAHL AG, ABB Ltd., Emerson, Extronics Ltd., Marechal Electric Group, Eaton Corporation, Siemens AG, and Rockwell are among the key explosion-proof equipment market players operating in the report.
Explosion-Proof Equipment Market Recent Developments:
Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies operating in the explosion-proof equipment market. A few recent key explosion-proof equipment market developments are listed below:
- In 2022, ARCHON Industries, Inc. announced the launch of its new explosion‐proof light. The EX20‐100 luminaire has been designed to continuously illuminate process vessels, tanks, distillation columns, and other industrial items in hazardous (Haz‐Loc) and non‐hazardous areas. Approved hazardous operating environments are Class I Division I Group C&D and Class I Division II Group C&D locations only.
- In 2022, Ben Buchele Elektromotorenwerke GmbH launched a new ATEX/IECEx explosion-proof motor, the dKD280, designed especially for the marine and offshore markets.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Systems, Protection Method, and Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global explosion proof equipment market is expected to reach US$ 12.95 billion by 2030.
Increasing use of explosion proof LED light, growth in oil & gas industry are the driving factor for the global explosion proof equipment market
The Integration with IoT in explosion proof equipment is expected to drive the growth of the global explosion proof equipment market in the coming years.
The key players holding majority shares in the global explosion proof equipment market include ABB Ltd., Pepperl+Fuchs, Eaton Corporation, Siemens AG, and Rockwell Automation.
APAC is anticipated to grow with the highest CAGR over the forecast period.
The country anticipated to grow with the highest CAGR are MEA and Europe.
The global explosion proof equipment market was estimated to be valued at US$ 7.96 billion in 2022 and is projected to reach US$ 12.95 billion by 2030; it is expected to grow at a CAGR of 6.3% during the forecast period.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Explosion-Proof Equipment Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain:
5. Explosion-Proof Equipment Market - Key Industry Dynamics
5.1 Drivers
5.1.1 Growth in Oil & Gas Industry
5.1.2 Increasing use of Explosion Proof LED Lights
5.1.3 Growing Industrial Safety Measures
5.2 Restraints:
5.2.1 Complexities Involved in Installation and Maintenance of Explosion-Proof Equipment
5.3 Opportunity:
5.3.1 Growth in the Construction Sector
5.4 Trends:
5.4.1 Integration with IoT
6. Explosion-Proof Equipment Market - Global Market Analysis
6.1 Explosion-Proof Equipment Market Revenue (US$ Million), 2022 – 2030
7. Explosion-Proof Equipment Market Analysis - Systems
7.1 Junction Boxes and Enclosures
7.1.1 Overview
7.2 Lighting System
7.2.1 Overview
7.3 Monitoring System
7.3.1 Overview
7.4 Signaling Devices
7.4.1 Overview
7.5 Automation System
7.5.1 Overview
7.6 Cable Glands
7.6.1 Overview
7.7 HVAC Systems
7.7.1 Overview
7.8 Others
7.8.1 Overview
8. Explosion-Proof Equipment Market Analysis - Protection Method
8.1 Explosion Prevention
8.1.1 Overview
8.2 Explosion Containment
8.2.1 Overview
8.3 Explosion Segregation
8.3.1 Overview
9. Explosion-Proof Equipment Market Analysis - Industry
9.1 Pharmaceutical
9.1.1 Overview
9.2 Mining
9.2.1 Overview
9.3 Oil and Gas
9.3.1 Overview
9.4 Manufacturing
9.4.1 Overview
9.5 Food Processing
9.5.1 Overview
9.6 Energy and Power
9.6.1 Overview
9.7 Chemical & Petrochemical
9.7.1 Overview
9.8 Others
9.8.1 Overview
10. Explosion-Proof Equipment Market - Geographical Analysis
10.1 North America
10.1.1 North America Explosion-Proof Equipment Market Overview
10.1.2 North America Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.3 North America Explosion-Proof Equipment Market Breakdown by Systems
10.1.3.1 North America Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Systems
10.1.4 North America Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.5 North America Explosion-Proof Equipment Market Breakdown by Industry
10.1.6 North America Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Countries
10.1.6.1 US Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.1.1 US Explosion-Proof Equipment Market Breakdown by Systems
10.1.6.1.2 US Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.6.1.3 US Explosion-Proof Equipment Market Breakdown by Industry
10.1.6.2 Canada Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.2.1 Canada Explosion-Proof Equipment Market Breakdown by Systems
10.1.6.2.2 Canada Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.6.2.3 Canada Explosion-Proof Equipment Market Breakdown by Industry
10.1.6.3 Mexico Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.1.6.3.1 Mexico Explosion-Proof Equipment Market Breakdown by Systems
10.1.6.3.2 Mexico Explosion-Proof Equipment Market Breakdown by Protection Method
10.1.6.3.3 Mexico Explosion-Proof Equipment Market Breakdown by Industry
10.2 Europe
10.2.1 Europe Explosion-Proof Equipment Market Overview
10.2.2 Europe Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.3 Europe Explosion-Proof Equipment Market Breakdown by Systems
10.2.3.1 Europe Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Systems
10.2.4 Europe Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.4.1 Europe Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Protection Method
10.2.5 Europe Explosion-Proof Equipment Market Breakdown by Industry
10.2.5.1 Europe Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Industry
10.2.6 Europe Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Countries
10.2.6.1 Germany Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.1.1 Germany Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.1.2 Germany Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.1.3 Germany Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.2 UK Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.2.1 UK Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.2.2 UK Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.2.3 UK Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.3 France Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.3.1 France Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.3.2 France Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.3.3 France Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.4 Italy Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.4.1 Italy Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.4.2 Italy Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.4.3 Italy Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.5 Russia Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.5.1 Russia Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.5.2 Russia Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.5.3 Russia Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.6 Sweden Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.6.1 Sweden Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.6.2 Sweden Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.6.3 Sweden Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.7 Norway Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.7.1 Norway Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.7.2 Norway Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.7.3 Norway Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.8 Denmark Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.8.1 Denmark Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.8.2 Denmark Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.8.3 Denmark Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.9 Estonia Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.9.1 Estonia Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.9.2 Estonia Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.9.3 Estonia Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.10 Latvia Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.10.1 Latvia Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.10.2 Latvia Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.10.3 Latvia Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.11 Lithuania Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.11.1 Lithuania Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.11.2 Lithuania Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.11.3 Lithuania Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.12 Finland Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.12.1 Finland Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.12.2 Finland Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.12.3 Finland Explosion-Proof Equipment Market Breakdown by Industry
10.2.6.13 Rest of Europe Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Mn)
10.2.6.13.1 Rest of Europe Explosion-Proof Equipment Market Breakdown by Systems
10.2.6.13.2 Rest of Europe Explosion-Proof Equipment Market Breakdown by Protection Method
10.2.6.13.3 Rest of Europe Explosion-Proof Equipment Market Breakdown by Industry
10.3 Asia Pacific Explosion-Proof Equipment Market
10.3.1 Overview
10.3.2 Asia Pacific Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.3 Asia Pacific Explosion-Proof Equipment Market Breakdown by Systems
10.3.3.1 Asia Pacific Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Systems
10.3.4 Asia Pacific Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.4.1 Asia Pacific Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Protection Method
10.3.5 Asia Pacific Explosion-Proof Equipment Market Breakdown by Industry
10.3.5.1 Asia Pacific Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Industry
10.3.6 Asia Pacific Explosion-Proof Equipment Market Breakdown by Country
10.3.6.1 Explosion-Proof Equipment market Breakdown by Country
10.3.6.2 China Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.2.1 China Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.2.2 China Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.2.3 China Explosion-Proof Equipment Market Breakdown by Industry
10.3.6.3 Japan Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.3.1 Japan Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.3.2 Japan Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.3.3 Japan Explosion-Proof Equipment Market Breakdown by Industry
10.3.6.4 India Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.4.1 India Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.4.2 India Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.4.3 India Explosion-Proof Equipment Market Breakdown by Industry
10.3.6.5 Australia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.5.1 Australia Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.5.2 Australia Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.5.3 Australia Explosion-Proof Equipment Market Breakdown by Industry
10.3.6.6 South Korea Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.6.1 South Korea Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.6.2 South Korea Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.6.3 South Korea Explosion-Proof Equipment Market Breakdown by Industry
10.3.6.7 Rest of Asia Pacific Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
10.3.6.7.1 Rest of Asia Pacific Explosion-Proof Equipment Market Breakdown by Systems
10.3.6.7.2 Rest of Asia Pacific Explosion-Proof Equipment Market Breakdown by Protection Method
10.3.6.7.3 Rest of Asia Pacific Explosion-Proof Equipment Market Breakdown by Industry
10.4 Middle East & Africa
10.4.1 Middle East & Africa Explosion-Proof Equipment Market Overview
10.4.2 Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.4.3 Middle East & Africa Explosion-Proof Equipment Market Breakdown by Systems
10.4.3.1 Middle East & Africa Explosion-Proof Equipment Market and Forecasts and Analysis - By Systems
10.4.4 Middle East & Africa Explosion-Proof Equipment Market Breakdown by Protection Method
10.4.4.1 Middle East & Africa Explosion-Proof Equipment Market and Forecasts and Analysis - By Protection Method
10.4.5 Middle East & Africa Explosion-Proof Equipment Market Breakdown by Industry
10.4.5.1 Middle East & Africa Explosion-Proof Equipment Market and Forecasts and Analysis - By Industry
10.4.6 Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Countries
10.4.6.1 South Africa Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.1.1 South Africa Explosion-Proof Equipment Market Breakdown by Systems
10.4.6.1.2 South Africa Explosion-Proof Equipment Market Breakdown by Protection Method
10.4.6.1.3 South Africa Explosion-Proof Equipment Market Breakdown by Industry
10.4.6.2 Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.2.1 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Systems
10.4.6.2.2 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Protection Method
10.4.6.2.3 Saudi Arabia Explosion-Proof Equipment Market Breakdown by Industry
10.4.6.3 UAE Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.3.1 UAE Explosion-Proof Equipment Market Breakdown by Systems
10.4.6.3.2 UAE Explosion-Proof Equipment Market Breakdown by Protection Method
10.4.6.3.3 UAE Explosion-Proof Equipment Market Breakdown by Industry
10.4.6.4 Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.4.6.4.1 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Systems
10.4.6.4.2 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Protection Method
10.4.6.4.3 Rest of Middle East & Africa Explosion-Proof Equipment Market Breakdown by Industry
10.5 South & Central America
10.5.1 South & Central America Explosion-Proof Equipment Market Overview
10.5.2 South & Central America Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.5.3 South & Central America Explosion-Proof Equipment Market Breakdown by Systems
10.5.3.1 South & Central America Explosion-Proof Equipment Market and Forecasts and Analysis - By Systems
10.5.4 South & Central America Explosion-Proof Equipment Market Breakdown by Protection Method
10.5.4.1 South & Central America Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Protection Method
10.5.5 South & Central America Explosion-Proof Equipment Market Breakdown by Industry
10.5.5.1 South & Central America Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Industry
10.5.6 South & Central America Explosion-Proof Equipment Market Revenue and Forecasts and Analysis - By Countries
10.5.6.1 Brazil Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.1.1 Brazil Explosion-Proof Equipment Market Breakdown by Systems
10.5.6.1.2 Brazil Explosion-Proof Equipment Market Breakdown by Protection Method
10.5.6.1.3 Brazil Explosion-Proof Equipment Market Breakdown by Industry
10.5.6.2 Argentina Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.2.1 Argentina Explosion-Proof Equipment Market Breakdown by Systems
10.5.6.2.2 Argentina Explosion-Proof Equipment Market Breakdown by Protection Method
10.5.6.2.3 Argentina Explosion-Proof Equipment Market Breakdown by Industry
10.5.6.3 Rest of South & Central America Explosion-Proof Equipment Market Revenue and Forecasts to 2030 (US$ Million)
10.5.6.3.1 Rest of South & Central America Explosion-Proof Equipment Market Breakdown by Systems
10.5.6.3.2 Rest of South & Central America Explosion-Proof Equipment Market Breakdown by Protection Method
10.5.6.3.3 Rest of South & Central America Explosion-Proof Equipment Market Breakdown by Industry
11. Explosion-Proof Equipment Market – Impact of COVID-19 Pandemic
11.1 Pre & Post Covid-19 Impact
12. Competitive Landscape
12.1 Heat Map Analysis By Key Players
12.2 Company Positioning & Concentration
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 Product Development
14. Company Profiles
14.1 ABB Ltd
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Cortem S.p.A.
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Eaton Corp Plc
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Emerson Electric Co
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Rockwell Automation Inc
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 Siemens AG
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.7 Pepperl+Fuchs SE
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 MoistTech Corp
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 LAB Denmark ApS
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 FABRIKA AS
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 Word Index
List of Tables
Table 1. Explosion-Proof Equipment Market Segmentation
Table 2. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Systems
Table 3. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Protection Method
Table 4. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – Industry
Table 5. North America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 6. North America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 7. North America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 8. North America Explosion-Proof Equipment Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 9. US Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 10. US Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 11. US Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 12. Canada Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 13. Canada Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 14. Canada Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 15. Mexico Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 16. Mexico Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 17. Mexico Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 18. Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 19. Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 20. Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 21. Europe Explosion-Proof Equipment Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 22. Germany Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 23. Germany Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 24. Germany Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 25. UK Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 26. UK Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 27. UK Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 28. France Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 29. France Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 30. France Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 31. Italy Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 32. Italy Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 33. Italy Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 34. Russia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 35. Russia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 36. Russia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 37. Sweden Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 38. Sweden Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 39. Sweden Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 40. Norway Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 41. Norway Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 42. Norway Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 43. Denmark Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 44. Denmark Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 45. Denmark Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 46. Estonia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 47. Estonia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 48. Estonia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 49. Latvia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 50. Latvia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 51. Latvia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 52. Lithuania Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 53. Lithuania Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 54. Lithuania Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 55. Finland Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 56. Finland Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 57. Finland Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 58. Rest of Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Systems
Table 59. Rest of Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Protection Method
Table 60. Rest of Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 61. Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 62. Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 63. Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 64. Asia Pacific Explosion-Proof Equipment Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 65. China Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 66. China Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 67. China Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 68. Japan Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 69. Japan Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 70. Japan Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 71. India Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 72. India Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 73. India Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 74. Australia Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 75. Australia Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 76. Australia Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 77. South Korea Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 78. South Korea Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 79. South Korea Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 80. Rest of Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Systems
Table 81. Rest of Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Protection Method
Table 82. Rest of Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million) – Industry
Table 83. Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 84. Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 85. Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 86. Middle East and Africa Explosion-Proof Equipment Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 87. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 88. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 89. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 90. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 91. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 92. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 93. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 94. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 95. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 96. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 97. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 98. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 99. South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 100. South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 101. South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 102. South and Central America Explosion-Proof Equipment Market, by Country – Revenue and Forecast to 2030 (USD Million)
Table 103. Brazil Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 104. Brazil Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 105. Brazil Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 106. Argentina Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 107. Argentina Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 108. Argentina Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 109. Rest of South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Systems
Table 110. Rest of South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Protection Method
Table 111. Rest of South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million) – By Industry
Table 112. Company Positioning & Concentration
Table 113. List of Abbreviation
List of Figures
Figure 1. Explosion-Proof Equipment Market Segmentation, By Geography
Figure 2. Global– PEST Analysis
Figure 3. Ecosystem: Explosion-Proof Equipment Market
Figure 4. Explosion-Proof Equipment Market - Key Industry Dynamics
Figure 5. Explosion-Proof Equipment Market – Impact of Drivers and Restrains
Figure 6. Explosion-Proof Equipment Market Revenue (US$ Million), 2022 – 2030
Figure 7. Explosion-Proof Equipment Market Share (%) – Systems, 2022 and 2030
Figure 8. Junction Boxes and Enclosures Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Lighting System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Monitoring System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Signaling Devices Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Automation System Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Cable Glands Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. HVAC Systems Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Explosion-Proof Equipment Market Share (%) – Protection Method, 2022 and 2030
Figure 17. Explosion Prevention Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Explosion Containment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Explosion Segregation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Explosion-Proof Equipment Market Share (%) – Industry, 2022 and 2030
Figure 21. Pharmaceutical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 22. Mining Market Revenue and Forecasts To 2030 (US$ Million)
Figure 23. Oil and Gas Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Manufacturing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Food Processing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 26. Energy and Power Market Revenue and Forecasts To 2030 (US$ Million)
Figure 27. Chemical & Petrochemical Market Revenue and Forecasts To 2030 (US$ Million)
Figure 28. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 29. Explosion-Proof Equipment Market Breakdown by Geography, 2022 and 2030 (US$ Mn)
Figure 30. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 31. Explosion-Proof Equipment Market Breakdown by Systems (2022 and 2030)
Figure 32. Explosion-Proof Equipment market Breakdown by Protection Method, 2022 and 2030 (%)
Figure 33. Explosion-Proof Equipment market Breakdown by Industry, 2022 and 2030 (%)
Figure 34. Explosion-Proof Equipment market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 35. US Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. Canada Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Mexico Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Explosion-Proof Equipment Market Breakdown by Systems (2022 and 2030)
Figure 40. Explosion-Proof Equipment Market Breakdown by Protection Method (2022 and 2030)
Figure 41. Explosion-Proof Equipment Market Breakdown by Industry (2022 and 2030)
Figure 42. Explosion-Proof Equipment market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 43. Germany Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 44. UK Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 45. France Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 46. Italy Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 47. Russia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. Sweden Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. Norway Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. Denmark Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. Estonia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Latvia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. Lithuania Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. Finland Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 55. Rest of Europe Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 56. Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 57. Asia Pacific Explosion-Proof Equipment Market Breakdown by Systems (2022 and 2023)
Figure 58. Asia Pacific Explosion-Proof Equipment Market Breakdown by Protection Method (2022 and 2023)
Figure 59. Asia Pacific Explosion-Proof Equipment Market Breakdown by Industry (2022 and 2023)
Figure 60. Asia Pacific Explosion-Proof Equipment Market Breakdown By Key Countries, 2022 And 2030 (%)
Figure 61. China Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 62. Japan Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 63. India Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 64. Australia Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 65. South Korea Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 66. Rest of Asia Pacific Explosion-Proof Equipment Market Revenue And Forecasts To 2030 (US$ Million)
Figure 67. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 68. Middle East & Africa Explosion-Proof Equipment Market Breakdown by Systems (2022 and 2023)
Figure 69. Middle East & Africa Explosion-Proof Equipment Market Breakdown by Protection Method (2022 and 2023)
Figure 70. Middle East & Africa Explosion-Proof Equipment Market Breakdown by Industry (2022 and 2023)
Figure 71. Explosion-Proof Equipment Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 72. South Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 73. Saudi Arabia Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 74. UAE Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 75. Rest of Middle East & Africa Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 76. Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 77. South & Central America Explosion-Proof Equipment Market Breakdown by Systems (2022 and 2023)
Figure 78. South & Central America Explosion-Proof Equipment Market Breakdown by Protection Method (2022 and 2023)
Figure 79. South & Central America Explosion-Proof Equipment Market Breakdown by Industry (2022 and 2023)
Figure 80. Explosion-Proof Equipment Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 81. Brazil Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 82. Argentina Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 83. Rest of South & Central America Explosion-Proof Equipment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 84. Heat Map Analysis By Key Players
The List of Companies - Explosion Proof Equipment Market
- BARTEC Gmbh
- Intertek Group PLC,
- R. STAHL AG
- ABB Ltd.
- Emerson,
- Extronics Ltd.
- Marechal Electric Group
- Eaton Corporation
- Siemens AG
- Rockwell Automation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- 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.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
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:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
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.
- 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.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 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.
- 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.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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