Explosion Proof Equipment Market Research: Current State and Future Prospects in 2030

The Explosion proof equipment market report size is projected to reach to USD 9.9 billion by 2025, at a CAGR of 5.9% during the forecast period. Factors such as the increasing industrial safety measures and rising energy requirements are driving the explosion proof equipment industry.

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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Honeywell International, Inc.
Honey well International is a multinational company, founded in 1906 and headquartered in New Jersey, US. The company offers a variety of commercial and consumer products and engineering services.

With respect to the explosion proof equipment market, Honeywell provides hazardous area limit switches and sensors. These are tailored to the exact specifications for superior performance, extended productivity, and increased safety. These products are designed for a wide range of industrial applications, from mud pumps, valve positioning, and pig position detectors to gate/door monitoring systems and conveyors.

ABB Ltd.
Founded in 1988 and headquartered in Zurich, Switzerland, ABB Ltd. is a multinational company founded after the merger of Allmanna Svenska Elektriska Aktiebola – ASEA (Sweden) and Brown, Boveri & Cie – BBC (Switzerland). ABB Ltd. is a global leader in power and automation technologies. The company operates through five business segments, such as electrification, motion, industrial automation, and robotics & discrete automation.

Its explosion proof equipment line of products includes motors, generators, hazardous area lighting & emergency lighting, cable glands, and switches. These offerings are used across industries such as oil & gas, chemicals & pharmaceuticals, food & beverages, and mining & minerals.