Explosion proof equipment market report size is projected to grow to USD 9.9
billion by 2025 from USD 7.4 billion in 2020, at a CAGR of 5.9% from
2020 to 2025.
The major players in the explosion proof equipment
market are Siemens (Germany), Honeywell International Inc. (US), ABB
Ltd. (Switzerland), Rockwell Automation, Inc. (US), and Eaton
Corporation Plc (Ireland).
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Explosion Proof Equipment Market Report Scope
Report Attributes | Details |
Market Size Value in 2021 | USD 7.4 Billion |
Revenue Forecast in 2026 | USD 9.9 Billion |
Growth Rate | 5.9% |
Base Year Considered | 2019 |
Historical Data Available for Years | 2017–2025 |
Forecast Period | 2020–2025 |
Segments Covered |
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Region Covered |
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Market Leaders |
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Top Companies in North America |
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Largest Growing Region | Asia Pacific |
Largest Market Share Segment | Cable glands & accessories Segment |
Highest CAGR Segment | Wireless connectivity services Segment |
Largest Application Market Share | Commercial and consumer products Application |
Recent Developments
- In January 2020, R. STAHL expanded its lighting range, adding modern explosion-protected lighting systems with DALI interfaces. The new EXLUX variants correspond to the DALI standard, according to IEC 62386, and are specifically designed for consistent lighting management.
- In September 2019, ABB integrated CO detectors into its home automation system to protect from carbon monoxide. ABB also launched an Alarm-Stick, which integrates ABB’s smoke, heat and carbon monoxide (CO) detectors into ABB-free@home.
- In August 2019, R. STAHL launched the new generation of EXLUX linear luminaires for use in Zones 1/21 and 2/22. These luminaires have 115 lm/W luminous efficacy with a diffusor and 145 lm/W luminous efficacy without a diffusor.
- In June 2019, ABB’s launched a smaller flameproof motor that offers safety and reliability. The new low voltage IEC (LV) flameproof motors are ideal for use in hazardous and explosive environments, typically found in the chemical, mining, and oil & gas industries.
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