Monday, December 5, 2022

Explosion Proof Equipment Market Trends, Growth, Demand 2025

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 2026USD 9.9 Billion
Growth Rate5.9%
Base Year Considered2019
Historical Data Available for Years2017–2025

Forecast Period

2020–2025

Segments Covered

  • By Product,
  • By Zone Classification,
  • By Connectivity Service,
  • By Industry, 
  • By Geography

Region Covered

  • APAC,
  • Europe,
  • North America,
  • RoW
Market Leaders
  • Siemens (Germany),
  • R STAHL (Germany),
  • Patlite Corporation (Japan),
  • E2S Warning Signals (UK),
  • NHP Electrical Engineering Products (Australia),
  • Supermec (Singapore),
  • Barrier Group (UK),
  • Supermec (Singapore),
  • QUINTEX GMBH (Germany)
Top Companies in North America
  • Honeywell International, Inc. (US),
  • Rockwell Automation, Inc. (US),
  • Eaton Corporation (US),
  • Emerson Electric Co. (US), ,
  • WorkSite Lighting (US),
  • Tomar Electronics Inc. (US),
  • Potter Electric Signal Co., LLC (US),
  • Federal Signal Corporation (US)
Largest Growing RegionAsia Pacific
Largest Market Share SegmentCable glands & accessories Segment
Highest CAGR SegmentWireless connectivity services Segment
Largest Application Market ShareCommercial 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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