Global Hazardous
Area Equipment Market Worth USD 36,568.28 Million by 2025

Global Hazardous Area Equipment Market is expected to reach USD 36,568.28 Million by 2025 and is projected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation:

· By Product (Cable Glands and Accessories, Lighting, Barrier Products, Industrial Controls, Display Products, Enclosures, Motors, Strobe Beacons, Sensor),

· By Connectivity (Wireless, Wired),

· By Industry (Oil & Gas, Chemical, Marine & Shipbuilding, Power & Energy, Metals & Mining, Pharmaceutical, Food & Beverage, Rubber & Plastics, Water & Waste Treatment, Military & Aerospace),

· By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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Drivers:

The major factors driving the growth of this market are increasing industrial safety measures and technological advancements in led lighting solution.

INCREASING INDUSTRIAL SAFETY MEASURES

The major factor driving the growth of hazardous area equipment is growing focus on industry safety measures. With the increasing demand of safety measures in various industries such as manufacturing, electrical, construction, mining, chemical, pharmaceutical, power & energy rubber & plastics, water and other industries, the need of hazard area equipment’s is growing exponentially. Common workplace hazards like frayed electrical cords, exposed moving machinery parts, loud noises and vibrations, working from ladders, water spillage or other hazards can cause serious health and safety issues for employees at workplace.

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TECHNOLOGICAL ADVANCEMENTS IN LED LIGHTING SOLUTION

Technology continues to develop and improve in semiconductor and electronics industry. The innovative advancements made in this field are implementing in a wide variety of electrical components. One such component is LED Lighting. In a harsh or hazardous environment, operating conditions are a constant challenge. Lighting plays a vital role in the safe, efficient, and productive operation of any industrial facility. The factor for the rise of LED lighting in hazardous environments is economic as well as technological advanced. In recent years, the LED lightings have become cost effective because of rapid technological advancement. With the same time these high-performance LED’s have been constantly enhanced and upgraded which offers excellent light yield. Moreover, several LED characteristics are well suited to harsh industrial and hazardous environments.

Major Players:

Some of the major players operating in this market are

· Honeywell International Inc.,

· ABB Ltd,

· Rockwell Automation Inc.

· Eaton Corporation PLC,

· Emerson Electric & Amp Co.,

· Patlite Corporation,

· Potter Signal Co,

· Qunitex GmbH,

· Pepperl+Fuchs, Inc.,

· Stahl Ag,

· Cortem Group,

· Marechal Electric,

· Among others.

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