The global Explosion Proof Equipment Market is forecasted to be worth USD 10.77 Billion by 2027, according to a current analysis by Emergen Research. The Explosion Proof Equipment market is forecasted to grow substantially throughout the forecast period due to the growing government policies in labor protection. The rising willingness to improve protection in industrialized areas is expected to further augment the market growth. Besides, The increasing concern for preventing explosions among several industries is also expected to boost the market growth.

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Competitive Overview

The global Explosion Proof Equipment industry is highly competitive owing to the presence of several renowned market players, which are keen on enhancing their market shares, implementing different marketing strategies. The leadingcompanies functioning in the business sphere are profiled on the basis of their product portfolios, product differentiation, product price, quality, brand, etc. Researchers have observed that themarket playersare increasingly shifting their focus towards product customization with the help of robust customer interaction. The report enumerates the varying operating patterns of these vendors, such as partnerships & collaborations, mergers & acquisitions, and product launches. Furthermore, it includes a list of the leading vendors in the market. The leading players profiled in the report include Honeywell International Inc., Rockwell Automation, Inc., ABB Ltd., Eaton Corporation Plc, Siemens AG, R Stahl AG, Hatch Transformers Inc, Pentair plc, Bartec GmbH, and Cortem S.p.A. among others.

Key Highlights From The Report

• For the forecast timeframe, the gas explosion protection expected to be the largest market in the Explosion Proof Equipment Market as dangerous areas such as Zone 0, Zone 1, and Zone 2 can be protected by this.
• Over the forecast period, the Zone 0 segment is expected to capture the largest market. An explosive atmosphere consisting of a mixture of air and flammable substances, in the form of gas, vapor, or mist, is continuously or regularly present in this zone for a prolonged period.
• The segment of cable glands is expected to grow significantly over the forecast period since cable glands perform significant functions in managing cables.

Emergen Research has segmented the global Explosion Proof Equipment Market on the basis of method, protection type, zone, application, end-use, and region:

• Method Outlook (Revenue, USD Billion; 2017-2027)
  • Prevention
  • Containment
  • Segregation
• Protection Type Outlook (Revenue, USD Billion; 2017-2027)
  • Gas Explosion Protection
  • Dust Explosion Protection
• Zone Outlook (Revenue, USD Billion; 2017-2027)
  • Zone 0
  • Zone 1
  • Zone 2
  • Zone 12
  • Zone 20
  • Zone 21
  • Zone 22
• Application Outlook (Revenue, USD Billion; 2017-2027)
  • Lifting Systems
  • Cable Glands
  • Lighting Systems
  • Junction Boxes & Enclosures
  • Material Handling Systems
  • Switches & Sockets
  • HVAC
  • Panel Boards & Motor Starters
  • Surveillance & Monitoring Systems
  • Signaling Systems
  • Switchgear
  • Others
• End-Use Outlook (Revenue, USD Billion; 2017-2027)
  • Mining
  • Pharmaceuticals & Chemicals
  • Energy & Power
  • Oil & Gas
  • Others

Regions Covered in This Report:

1. North America(U.S., Mexico, and Canada)
2. Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
3. Europe(U.K., Germany, France, and Rest of Europe)
4. Latin America(Brazil and Rest of Latin America)
5. Middle East & Africa(GCC Countries and Rest of Middle East & Africa)

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Key points covered in the report:

1. The latest report based on the global Explosion Proof Equipment market includes an elaborate list of the company profiles of the leading market players.
2. The report throws light on certain significant aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
3. The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
4. The report involves a SWOT analysis of the global Explosion Proof Equipment market. In the concluding part of the report, the opinions of several industry experts and professionals have been included.
5. The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading contenders in this market.

Table of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Explosion Proof Equipment Market Segmentation & Impact Analysis
    4.1. Explosion Proof Equipment Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. The rising awareness to prevent explosion
                    4.2.2.2. The rising government initiatives for labor safety
          4.2.3. Market restraints analysis
                    4.2.3.1. Lack of standardization
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

CONTINUED…!

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