The global explosion proof equipment market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to Increasing demand for integrated systems and rapid development in the automation sector. Moreover, ongoing innovation in the industrial sector is driving the market growth.
Combustible dust, flammable gases, and mists or vapors can potentially contribute explosive atmospheres in the workplace. Thus, to prevent the explosion, explosion-proof equipment and systems, including control and regulation devices, protective components, equipment and systems are required in the space.
The report on the global explosion proof equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Explosion Proof Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2020 |
Historic Data |
2018–2019 |
Forecast Period |
2021–2028 |
Segmentation |
Method of Protection (Explosion Proof, Explosion Prevention, and Explosion Segregation), Hazardous Zones (Zone 0, Zone 20, and Zone 1), End-users (Pharmaceutical, Chemical and Petrochemical, Mining, Energy and Power), Systems (Power Supply Systems, Material Handling, Motor, Automation Systems, Surveillance Systems, and Others) |
Regional scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
ABB Group, Rockwell Automation Inc., R. Stahl AG, Bartec Group, Adalet, Siemens AG, Intertek Group Plc, Pepperl + Fuchs GmbH, and Cooper Industries (Eaton). |
Based on method of protection, the market is divided into explosion proof, explosion prevention, and explosion segregation. The explosion proof segment is anticipated to account for a key market share and is anticipated to grow at a steady rate during the forecast period. Explosion proof systems are constructed in such a way that an internal ignition of a flammable atmosphere is not transmitted outside the enclosure, thereby preventing the ignition of surrounding flammables.
On the basis of hazardous zones, the market is divided into zone 0, zone 20, and zone 1. The zone 20 segment is anticipated to account for a major market share due to the high adoption of explosion proof equipment in hazardous location to increase safety and better productivity. For instance, the explosion proof junction box offered by IPSI is widely used in hazardous locations that connect wells and differential-mode spark gaps on insulating joints.
In terms of end-users, the market is segregated into pharmaceutical, chemical and petrochemical, mining, and energy and power. The mining segment is anticipated to account for a significant market share due to high risk of fire or explosion hazards. This is owing to presence of flammable gases, combustible liquid–produced vapors, flammable liquid–produced vapors, combustible dusts, and ignitable fibers/ flying particles present in the air in enough quantities to produce explosive mixtures, which may ignite on exposure to extreme conditions of temperature and pressure.
Based on systems, the market is divided into power supply systems, material handling, motor, automation systems, surveillance systems, and others. The automation systems is projected to grow significantly owing to availability of various explosion proof applicable systems, such as junction boxes, generation and distribution systems, lifting systems, and lighting systems. There are three explosion protection methods, namely limiting energy, explosion containment, and explosion segregation protection. These methods are used when the explosion is confined to a specific area.
On the basis of regions, the market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is anticipated to account for a considerable market share owing to the presence of multiple pharmaceutical manufacturing facilities. Companies are expected to comply with the strict standards set by FDA and are adopting explosion proof machinery in the hazardous locations.
The Global explosion proof equipment have been segmented on the basis of
The major players of the market are ABB Group, Rockwell Automation Inc., R. Stahl AG, Bartec Group, Adalet, Siemens AG, Intertek Group Plc, Pepperl + Fuchs GmbH, and Cooper Industries (Eaton).
Companies are investing in research and development, and focusing on engaging in mergers, expansions, acquisitions, and partnerships to expand their market share.
The Global explosion proof equipment have been segmented on the basis of
The major players of the market are ABB Group, Rockwell Automation Inc., R. Stahl AG, Bartec Group, Adalet, Siemens AG, Intertek Group Plc, Pepperl + Fuchs GmbH, and Cooper Industries (Eaton).
Companies are investing in research and development, and focusing on engaging in mergers, expansions, acquisitions, and partnerships to expand their market share.
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