Explosion-Proof Equipment Market Forecast to 2028

Explosion-Proof Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis By System (Junction Boxes & Enclosures, Lighting System, Monitoring System, Signalling Devices, Automation System, Cable Glands, HVAC Systems, and Others), Protection Method (Explosion Prevention, Explosion Containment, and Explosion Segregation), and Industry (Pharmaceutical, Mining, Oil & Gas, Manufacturing, Food Processing, Energy & Power, Chemical & Petrochemical, and Others)

Report Code : TIPTE100000620 | Region : Global | Industry : Electronics and Semiconductor | Published Date : 31/Jan/2022

The global explosion-proof equipment market is expected to grow from US$ 8,037.29 million in 2021 to US$ 12,272.30 million by 2028; it is estimated to grow at a CAGR of 6.2% during 2021-2028.

The construction sector has been witnessing a decent growth rate in the recent time. The trend is foreseen to continue over the years, thereby creating a huge space for commercial, residential, and industrial constructions. Governments of various countries are undertaking initiatives to support the construction industry. The growth in the construction of commercial and residential buildings is anticipated to provide prosperous opportunities to the market to grow in the region; thus, positively impacting the market.

Commercial and residential housing constructions are continuously growing all across the globe and majorly in developing countries. For instance, the commissioning of housing in Russia in the first five months of 2021 increased by 28.4% compared to the previous year, according to the Russian news agency in July 2021. In May 2021, 5 million square meters of housing, which is around 31% more than in May 2020. Similarly, in Australia, according to the Ridgewater Homes website data, in 2021, it has been observed that there is a boom in residential buildings construction with 10% growth. This growth is due to the surge in demand for houses because of record-low interest rates, an improving outlook for growth in sustained employment, and government programs such as HomeBuilder. Further, several governments initiatives have been observed in helping the housing industry. For instance, according to the Yonhap News Agency website data of February 2021, the South Korean government announced that it would ease building regulations and support redevelopment projects in urban areas to increase the number of new houses up to 836,000 nationwide. The latest housing policy focuses on increasing the home supply in the Seoul metropolitan area and other major cities to stabilize the heated real estate market. The latest policy includes 323,000 new houses in Seoul, the hotspot of the real estate frenzy, and 293,000 in the surrounding Gyeonggi Province, according to the Ministry of Land, Infrastructure, and Transport. Similarly, in Egypt, in September 2021, the government supported the construction of 37 new smart city projects. The first phase of construction work has been underway for the past five years, with US$ 20 billion of investments pumped into an area spanning 40,000 fed (16,800 ha). This construction activity will boost the growth of residential and commercial buildings in the country. Thus, the rising commercial and residential housing constructions and several government initiatives in housing construction are influencing the demand for explosion-proof equipment globally.

Moreover, strong economic conditions and low rates of housing loan interest will help maintain the expansion of construction activities in North America, Asia Pacific, and the Middle East & Africa. Europe will show a slightly subdued growth, supported by improved construction sector conditions in various countries, allowing better residential and infrastructural spending. Also, the growth prospects in Latin America will improve, driven by policy reforms in key countries including Brazil. Further, according to the Oxford Economics/Haver Analytics data of contribution to global construction growth 2020-2030, China, India, and the US are among the major contributors in residential construction activities. Also, in 2021, residential construction is forecasted to be the fastest-growing sector globally at 7.1%, according to the Marsh LLC data. The residential sector accounted for 44% of total global construction in 2020 making it is the largest sub-sector and a key driver of global growth. Therefore, these above-mentioned factors will help in boosting the demand for commercial and residential housing constructions. This will help in increasing need for the explosion-proof equipment in buildings. For instance, BMarko Structures Inc. provides blast-resistant modular buildings. Thus, the increasing construction activities creates opportunities for the explosion-proof equipment market players because of the need for explosion-proof equipment solutions in commercial buildings.

Impact of COVID-19 Pandemic on Global Explosion Proof Equipment Market

In 2020, the COVID-19 pandemic caused a large-scale negative impact on economies globally, leading to many challenges in several markets, including the explosion-proof equipment market. The demand and supply sides suffered due to low production of explosion-proof equipment. Further, the construction industry and supply chain were negatively impacted owing to the lockdown situation, which affected the manufacturing of explosion-proof equipment across the globe. Further, the restriction measures imposed in several countries due to the COVID-19 pandemic badly impacted the global mining industry through shutdowns of mines, ports, and rail & other transportation infrastructure, with shipments stranded at sea or stopped at ports.

In 2021, with the uplifting of lockdown and government easing taxation, the manufacturing business had resumed; this helped in growing the production of explosion-proof equipment. Also, with the smoother functioning of other industries, including the mining and oil & gas industries, the demand for explosion-proof equipment had increased again. The explosion-proof equipment will have higher demand due to resumption of multiple industries in several sectors in the coming years.

Based on systems, the explosion-proof equipment market is subsegmented into junction boxes & enclosures, lighting system, monitoring system, signalling devices, automation system, cable glands, HVAC systems, and others. In 2021, the cable glands segment led the market and accounted for the largest market share. Based on protection method, the explosion-proof equipment market is further segmented into explosion prevention, explosion containment, and explosion segregation. In 2021, the explosion prevention segment led the market and accounted for the largest market share. Based on industry, the explosion-proof equipment market is subsegmented into pharmaceutical, mining, oil & gas, manufacturing, food processing, energy & power, chemical & petrochemical, and others. In 2021, the oil & gas segment led the market and accounted for the largest market share.

By region, the explosion-proof equipment market is further segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM). In 2021, Europe accounted for the largest share in the global explosion-proof equipment market.

The overall explosion-proof equipment market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for the explosion proof equipment market with respect to all the market segments. Also, primary interviews were conducted with industry participants and commentators to validate data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales manager—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the explosion proof equipment market.

The key companies operating in the explosion proof equipment market include ABB Ltd; BARTEC Group; Cortem S.p.A.; Eaton Corporation plc; Emerson Electric Co.; Extronics Ltd; Hubbell Incorporated; Rockwell Automation, Inc.; R. STAHL AG; and Siemens AG.

According to the new research report titled “Explosion Proof Equipment Market Forecast to 2028 - COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 12,272.30 million by 2028, registering a CAGR of 6.2% from 2021 to 2028.

According to an article published by the Ministry of India in December 2021, crude oil consumption is expected to register a CAGR of 3.6% to 500 million tonnes by 2040 from 221.56 million tonnes in 2017. Also, the oil demand in India is projected to rise at the fastest pace in the world by reaching 10 million barrels per day by 2030 from 5.1 million barrels per day in 2020. Similarly, according to the US Energy Information Administration data from January 2022, it is projected that the annual average the country’s crude oil production will increase from 11.8 million barrels per day in 2022 to 12.4 million barrels per day in 2023. Thus, with the growing global oil & gas industry, the demand for explosion proof equipment is also increasing to ensure the safety of all operators and employees working in oil & gas factories.

The explosion proof equipment plays a crucial role in the oil & gas industry. As employees and operators in the industry have to work in hazardous locations, such as refineries, oil plants, and offshore facilities, where they are constantly exposed to flammable substances, including liquids, gases, vapors or combustible dust, the priority is to keep them safe. To combat the high potential for ignition, manufacturers must produce and rigorously test explosion proof assets. In September 2020, Mitsubishi Heavy Industries, Ltd. had an agreement with ENEOS Corporation on joint development of a second-generation EX ROVR (a plant inspection robot) with explosion proof features to limit the danger of the robot igniting an explosion or fire from electric sparks or heat, even in areas with flammable gas.

The global explosion proof equipment market is segmented on the basis of protection method, type, and industry. Based on protection method, the explosion proof equipment market is subsegmented into explosion prevention, explosion containment, and explosion segregation. On the basis of systems, the explosion proof equipment market is further segmented into junction boxes & enclosures, lighting systems, monitoring systems, signalling devices, automation systems, cable glands, HVAC systems, and others. Further, the explosion proof equipment market is segmented on the basis of industry into pharmaceutical, mining, oil & gas, manufacturing, food processing, energy & power, chemical & petrochemical, and others.

Key Findings of Study:

Explosion-proof equipment includes the devices, products, and solutions installed to prevent sparks that can lead to explosions. The installation of these products in hazardous locations ensures better productivity and increased safety. The incorporation of monitoring and automation systems provides efficient detection, tracking, and monitoring of the functioning of the equipment. Therefore, these components detect accidental explosions, leaks of hazardous gases, or any other complications during the production. This provides added safety to the machinery, personnel, and surroundings. The examination and designing of explosion proof equipment are controlled as per the ATEX/IEC standards and NEC standards, which formulate the production of equipment based on the Zone/class/group/division system, respectively. The European Union follows the Zone system. North America adheres to the class, division, and group system.

Asia Pacific is witnessing tremendous growth in the adoption of explosion proof equipment pertaining to the industrial growth. Further, growth in the automation sector and stringent government regulations are the factors strengthening the explosion proof equipment market. However, a lack of standardization is impeding the growth of the market. The Middle East is rapidly witnessing advancements in the oil & gas and petrochemical industries. Therefore, the installation of explosion proof equipment is witnessing remarkable growth in the Middle East.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 market segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Explosion Proof Equipment Market Landscape

4.1 market overview

4.2 PEST Analysis

4.2.1 North America

4.2.2 Europe

4.2.3 APAC

4.2.4 MEA

4.2.5 SAM

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Explosion Proof Equipment Market – Key Industry Dynamics

5.1 Key Market Drivers

5.1.1 Growth in Oil & Gas Industry

5.1.2 Increasing use of Explosion Proof LED Lights

5.1.3 Increasing Industrial Safety Measures

5.2 Key Market Restraint

5.2.1 Complexities involved in Installation of Explosion Proof Equipment

5.3 Key Market Opportunity

5.3.1 Growth in the Construction Sector

5.4 Future Trend

5.4.1 Integration with IoT

5.5 Impact Analysis

6. Explosion Proof Equipment– Global Market Analysis

6.1 Overview

6.2 Global Explosion Proof Equipment Market Forecast and Analysis

6.3 Market Positioning – Five Key Players

7. Explosion Proof Equipment Market – By Systems

7.1 Overview

7.2 Explosion Proof Equipment Market, by Systems (2020 and 2028)

7.3 Junction Boxes & Enclosures

7.3.1 Overview

7.3.2 Junction Boxes & Enclosures: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Lighting System

7.4.1 Overview

7.4.2 Lighting System: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.5 Monitoring System

7.5.1 Overview

7.5.2 Monitoring System: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.6 Signalling Devices

7.6.1 Overview

7.6.2 Signalling Devices: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Automation Systems

7.7.1 Overview

7.7.2 Automation Systems: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.8 Cable Glands

7.8.1 Overview

7.8.2 Cable Glands: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.9 HVAC Systems

7.9.1 Overview

7.9.2 HVAC Systems: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

7.10 Others

7.10.1 Overview

7.10.2 Others: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8. Explosion Proof Equipment Market Analysis – By Protection Method

8.1 Overview

8.2 Explosion-Proof Equipment Market, By Protection Method (2020 and 2028)

8.3 Explosion Prevention

8.3.1 Overview

8.3.2 Explosion Prevention: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Explosion Containment

8.4.1 Overview

8.4.2 Explosion Containment: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Explosion Segregation

8.5.1 Overview

8.5.2 Explosion Segregation: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9. Explosion Proof Equipment Market – By Industry

9.1 Overview

9.2 Explosion-Proof Equipment Market, by Industry (2020 and 2028)

9.3 Pharmaceutical

9.3.1 Overview

9.3.2 Pharmaceutical: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Mining

9.4.1 Overview

9.4.2 Mining: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Oil & Gas

9.5.1 Overview

9.5.2 Oil & Gas: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.6 Manufacturing

9.6.1 Overview

9.6.2 Manufacturing: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.7 Food Processing

9.7.1 Overview

9.7.2 Food Processing: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.8 Energy & Power

9.8.1 Overview

9.8.2 Energy & Power: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.9 Chemical & Petrochemical

9.9.1 Overview

9.9.2 Chemical & Petrochemical: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

9.10 Others

9.10.1 Overview

9.10.2 Others: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10. Explosion Proof Equipment Market – Geographic Analysis

10.1 Overview

10.2 North America: Explosion Proof Equipment Market

10.2.1 Overview

10.2.2 North America Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.2.3 North America Explosion Proof Equipment Market Breakdown, By Systems

10.2.4 North America Explosion Proof Equipment Market Breakdown, By Protection Method

10.2.5 North America Explosion Proof Equipment Market Breakdown, By Industry

10.2.6 North America Explosion Proof Equipment Market Breakdown, by Country

10.2.6.1 US Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.2.6.1.1 US Explosion Proof Equipment Market Breakdown, By Systems

10.2.6.1.2 US Explosion Proof Equipment Market Breakdown, By Protection Method

10.2.6.1.3 US Explosion Proof Equipment Market Breakdown, By Industry

10.2.6.2 Canada Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.2.6.2.1 Canada Explosion Proof Equipment Market Breakdown, By Systems

10.2.6.2.2 Canada Explosion Proof Equipment Market Breakdown, By Protection Method

10.2.6.2.3 Canada Explosion Proof Equipment Market Breakdown, By Industry

10.2.6.3 Mexico Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.2.6.3.1 Mexico Explosion Proof Equipment Market Breakdown, By Systems

10.2.6.3.2 Mexico Explosion Proof Equipment Market Breakdown, By Protection Method

10.2.6.3.3 Mexico Explosion Proof Equipment Market Breakdown, By Industry

10.3 Europe: Explosion Proof Equipment Market

10.3.1 Europe: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.2 Europe: Explosion Proof Equipment Market, by Systems

10.3.3 Europe: Explosion Proof Equipment Market, By Protection Method

10.3.4 Europe: Explosion Proof Equipment Market, by Industry

10.3.5 Europe: Explosion Proof Equipment Market, by Key Country

10.3.5.1 France: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.1.1 France: Explosion Proof Equipment Market, by Systems

10.3.5.1.2 France: Explosion Proof Equipment Market, By Protection Method

10.3.5.1.3 France: Explosion Proof Equipment Market, by Industry

10.3.5.2 Germany: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.2.1 Germany: Explosion Proof Equipment Market, by Systems

10.3.5.2.2 Germany: Explosion Proof Equipment Market, By Protection Method

10.3.5.2.3 Germany: Explosion Proof Equipment Market, by Industry

10.3.5.3 Italy: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.3.1 Italy: Explosion Proof Equipment Market, by Systems

10.3.5.3.2 Italy: Explosion Proof Equipment Market, By Protection Method

10.3.5.3.3 Italy: Explosion Proof Equipment Market, by Industry

10.3.5.4 UK: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.4.1 UK: Explosion Proof Equipment Market, by Systems

10.3.5.4.2 UK: Explosion Proof Equipment Market, By Protection Method

10.3.5.4.3 UK: Explosion Proof Equipment Market, by Industry

10.3.5.5 Russia: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.5.1 Russia: Explosion Proof Equipment Market, by Systems

10.3.5.5.2 Russia: Explosion Proof Equipment Market, By Protection Method

10.3.5.5.3 Russia: Explosion Proof Equipment Market, by Industry

10.3.5.6 Rest of Europe: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.3.5.6.1 Rest of Europe: Explosion Proof Equipment Market, by Systems

10.3.5.6.2 Rest of Europe: Explosion Proof Equipment Market, By Protection Method

10.3.5.6.3 Rest of Europe: Explosion Proof Equipment Market, by Industry

10.4 APAC: Explosion Proof Equipment Market

10.4.1 APAC: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.2 APAC: Explosion Proof Equipment Market, by Systems

10.4.3 APAC: Explosion Proof Equipment Market, By Protection Method

10.4.4 APAC: Explosion Proof Equipment Market, by Industry

10.4.5 APAC: Explosion Proof Equipment Market, by Key Country

10.4.5.1 Australia: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.1.1 Australia: Explosion Proof Equipment Market, by Systems

10.4.5.1.2 Australia: Explosion Proof Equipment Market, By Protection Method

10.4.5.1.3 Australia: Explosion Proof Equipment Market, by Industry

10.4.5.2 China: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.2.1 China: Explosion Proof Equipment Market, by Systems

10.4.5.2.2 China: Explosion Proof Equipment Market, By Protection Method

10.4.5.2.3 China: Explosion Proof Equipment Market, by Industry

10.4.5.3 India: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.3.1 India: Explosion Proof Equipment Market, by Systems

10.4.5.3.2 India: Explosion Proof Equipment Market, By Protection Method

10.4.5.3.3 India: Explosion Proof Equipment Market, by Industry

10.4.5.4 Japan: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.4.1 Japan: Explosion Proof Equipment Market, by Systems

10.4.5.4.2 Japan: Explosion Proof Equipment Market, By Protection Method

10.4.5.4.3 Japan: Explosion Proof Equipment Market, by Industry

10.4.5.5 South Korea: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.5.1 South Korea: Explosion Proof Equipment Market, by Systems

10.4.5.5.2 South Korea: Explosion Proof Equipment Market, By Protection Method

10.4.5.5.3 South Korea: Explosion Proof Equipment Market, by Industry

10.4.5.6 Rest of APAC: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

10.4.5.6.1 Rest of APAC: Explosion Proof Equipment Market, by Systems

10.4.5.6.2 Rest of APAC: Explosion Proof Equipment Market, By Protection Method

10.4.5.6.3 Rest of APAC: Explosion Proof Equipment Market, by Industry

10.5 Middle East and Africa: Explosion Proof Equipment Market

10.5.1 Overview

10.5.2 MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.5.3 MEA Explosion Proof Equipment Market Breakdown, By Systems

10.5.4 MEA Explosion Proof Equipment Market Breakdown, By Protection Method

10.5.5 MEA Explosion Proof Equipment Market Breakdown, By Industry

10.5.6 MEA Explosion Proof Equipment Market Breakdown, By Country

10.5.6.1 Saudi Arabia Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.5.6.1.1 Saudi Arabia Explosion Proof Equipment Market Breakdown, By Systems

10.5.6.1.2 Saudi Arabia Explosion Proof Equipment Market Breakdown, By Protection Method

10.5.6.1.3 Saudi Arabia Explosion Proof Equipment Market Breakdown, By Industry

10.5.6.2 UAE Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.5.6.2.1 UAE Explosion Proof Equipment Market Breakdown, By Systems

10.5.6.2.2 UAE Explosion Proof Equipment Market Breakdown, By Protection Method

10.5.6.2.3 UAE Explosion Proof Equipment Market Breakdown, By Industry

10.5.6.3 South Africa Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.5.6.3.1 South Africa Explosion Proof Equipment Market Breakdown, By Systems

10.5.6.3.2 South Africa Explosion Proof Equipment Market Breakdown, By Protection Method

10.5.6.3.3 South Africa Explosion Proof Equipment Market Breakdown, By Industry

10.5.6.4 Rest of MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.5.6.4.1 Rest of MEA Explosion Proof Equipment Market Breakdown, By Systems

10.5.6.4.2 Rest of MEA Explosion Proof Equipment Market Breakdown, By Protection Method

10.5.6.4.3 Rest of MEA Explosion Proof Equipment Market Breakdown, By Industry

10.6 South America: Explosion Proof Equipment Market

10.6.1 Overview

10.6.2 SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

10.6.3 SAM Explosion Proof Equipment Market Breakdown, By Systems

10.6.4 SAM Explosion Proof Equipment Market Breakdown, By Protection Method

10.6.5 SAM Explosion Proof Equipment Market Breakdown, By Industry

10.6.6 SAM Explosion Proof Equipment Market Breakdown, by Country

10.6.6.1 Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.6.6.1.1 Brazil Explosion Proof Equipment Market Breakdown, By Systems

10.6.6.1.2 Brazil Explosion Proof Equipment Market Breakdown, By Protection Method

10.6.6.1.3 Brazil Explosion Proof Equipment Market Breakdown, By Industry

10.6.6.2 Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.6.6.2.1 Argentina Explosion Proof Equipment Market Breakdown, By Systems

10.6.6.2.2 Argentina Explosion Proof Equipment Market Breakdown, By Protection Method

10.6.6.2.3 Argentina Explosion Proof Equipment Market Breakdown, By Industry

10.6.6.3 Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028

10.6.6.3.1 Rest of SAM Explosion Proof Equipment Market Breakdown, By Systems

10.6.6.3.2 Rest of SAM Explosion Proof Equipment Market Breakdown, By Protection Method

10.6.6.3.3 Rest of SAM Explosion Proof Equipment Market Breakdown, By Industry

11. Impact Of COVID-19 Pandemic on Explosion Proof Equipment Market

11.1 Overview

11.2 North America: Impact Assessment of COVID-19 Pandemic

11.3 Europe: Impact Assessment of COVID-19 Pandemic

11.4 APAC: Impact Assessment of COVID-19 Pandemic

11.5 MEA: Impact Assessment of COVID-19 Pandemic

11.6 SAM: Impact Assessment of COVID-19 Pandemic

12. Industry Landscape

12.1 Overview

12.2 Market Initiative

12.3 New Product Development

13. Company Profiles

13.1 ABB Ltd

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 BARTEC Group

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Cortem S.p.A.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 Eaton Corporation plc

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Emerson Electric Co.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Extronics Ltd

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 Hubbell Incorporated

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 Rockwell Automation, Inc.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 R. STAHL AG

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

13.10 Siemens AG

13.10.1 Key Facts

13.10.2 Business Description

13.10.3 Products and Services

13.10.4 Financial Overview

13.10.5 SWOT Analysis

13.10.6 Key Developments

14. Appendix

14.1 about the insight partners

14.2 Glossary

LIST OF TABLES.

Table 1. Global Explosion Proof Equipment Market Revenue and Forecasts to 2028 (US$ Mn)

Table 2. North America Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Systems (US$ million)

Table 3. North America Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Protection Method (US$ million)

Table 4. North America Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 5. North America Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 6. US Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 7. US Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 8. US Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 9. Canada Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 10. Canada Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 11. Canada Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 12. Mexico Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 13. Mexico Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 14. Mexico Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 15. Europe: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 16. Europe: Explosion Proof Equipment Market, By Protection Method– Revenue and Forecast to 2028 (US$ Million)

Table 17. Europe: Explosion Proof Equipment Market, by Industry– Revenue and Forecast to 2028 (US$ Million)

Table 18. Europe Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 19. France: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 20. France: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 21. France: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 22. Germany: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 23. Germany: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 24. Germany: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 25. Italy: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 26. Italy: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 27. Italy: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 28. UK: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 29. UK: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 30. UK: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 31. Russia: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 32. Russia: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 33. Russia: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 34. Rest of Europe: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 35. Rest of Europe: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 36. Rest of Europe: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 37. APAC: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 38. APAC: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 39. APAC: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 40. APAC Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 41. Australia: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 42. Australia: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 43. Australia: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 44. China: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 45. China: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 46. China: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 47. India: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 48. India: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 49. India: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 50. Japan: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 51. Japan: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 52. Japan: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 53. South Korea: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 54. South Korea: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 55. South Korea: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 56. Rest of APAC: Explosion Proof Equipment Market, by Systems – Revenue and Forecast to 2028 (US$ Million)

Table 57. Rest of APAC: Explosion Proof Equipment Market, By Protection Method – Revenue and Forecast to 2028 (US$ Million)

Table 58. Rest of APAC: Explosion Proof Equipment Market, by Industry – Revenue and Forecast to 2028 (US$ Million)

Table 59. MEA Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Systems (US$ million)

Table 60. MEA Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Protection Method (US$ million)

Table 61. MEA Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 62. MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Country (US$ million)

Table 63. Saudi Arabia Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 64. Saudi Arabia Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 65. Saudi Arabia Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 66. UAE Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 67. UAE Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 68. UAE Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 69. South Africa Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 70. South Africa Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 71. South Africa Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 72. Rest of MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 73. Rest of MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 74. Rest of MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 75. SAM Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Systems (US$ million)

Table 76. SAM Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Protection Method (US$ million)

Table 77. SAM Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Industry (US$ million)

Table 78. SAM Explosion Proof Equipment Market, Revenue and Forecast To 2028 – By Country (US$ million)

Table 79. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 80. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 81. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 82. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 83. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 84. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 85. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Systems (US$ million)

Table 86. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Protection Method (US$ million)

Table 87. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 – By Industry (US$ million)

Table 88. Glossary of terms, Explosion proof equipment market

LIST OF FIGURES.

Figure 1. Explosion proof equipment market segmentation

Figure 2. Explosion proof equipment market segmentation – BY Region

Figure 3. Explosive proof equipment market Overview

Figure 4. Explosive Prevention Held the Highest Share in Global Explosive Proof Equipment Market in 2020

Figure 5. Cable Glands Held the Highest Share in Global Explosive Proof Equipment Market in 2020

Figure 6. Explosive Proof Equipment Market, by Geography

Figure 7. North America – PEST Analysis

Figure 8. Europe – PEST Analysis

Figure 9. APAC – PEST Analysis

Figure 10. MEA – PEST Analysis

Figure 11. SAM – PEST Analysis

Figure 12. Explosion proof equipment Market – ecosystem analysis

Figure 13. Expert Opinion

Figure 14. Explosion Proof Equipment Market Impact Analysis of Drivers and Restraints

Figure 15. Global Aircraft Engine Forging Market

Figure 16. Global Explosion proof equipment Market Forecast and Analysis, (US$ Mn)

Figure 17. Explosion Proof Equipment Market Revenue Share, by Systems (2020 and 2028)

Figure 18. Junction Boxes & Enclosures: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Lighting System: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Monitoring System: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Signalling Devices: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. Automation Systems: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. Cable Glands: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. HVAC Systems: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Others: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Explosion Proof Equipment Market Revenue Share, by Protection Method (2020 and 2028)

Figure 27. Explosion Prevention: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Explosion Containment: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. Explosion Segregation: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30. Explosion Proof Equipment Market Revenue Share, by Industry (2020 and 2028)

Figure 31. Pharmaceutical: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32. Mining: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33. Oil & Gas: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34. Manufacturing: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35. Food Processing: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36. Energy & Power: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37. Chemical & Petrochemical: Explosive Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38. Others: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39. Global Explosion Proof Equipment Market Breakdown, by Region, 2020 & 2028 (%)

Figure 40. North America Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 41. North America Explosion Proof Equipment Market Breakdown, By Systems, 2020 & 2028 (%)

Figure 42. North America Explosion Proof Equipment Market Breakdown, By Protection Method, 2020 & 2028 (%)

Figure 43. North America Explosion Proof Equipment Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 44. North America Explosion Proof Equipment Market Breakdown, by Country, 2020 & 2028 (%)

Figure 45. US Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 46. Canada Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 47. Mexico Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 48. Europe: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 49. Europe: Explosion Proof Equipment Market Revenue Share, by Systems (2020 and 2028)

Figure 50. Europe: Explosion Proof Equipment Market Revenue Share, By Protection Method (2020 and 2028)

Figure 51. Europe: Explosion Proof Equipment Market Revenue Share, by Industry (2020 and 2028)

Figure 52. Europe: Explosion Proof Equipment Market Revenue Share, by Key Country (2020 and 2028)

Figure 53. France: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 54. Germany: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 55. Italy: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 56. UK: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 57. Russia: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 58. Rest of Europe: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 59. APAC: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 60. APAC: Explosion Proof Equipment Market Revenue Share, by Systems (2020 and 2028)

Figure 61. APAC: Explosion Proof Equipment Market Revenue Share, By Protection Method (2020 and 2028)

Figure 62. APAC: Explosion Proof Equipment Market Revenue Share, by Industry (2020 and 2028)

Figure 63. APAC: Explosion Proof Equipment Market Revenue Share, by Key Country (2020 and 2028)

Figure 64. Australia: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 65. China: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 66. India: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 67. Japan: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 68. South Korea: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 69. Rest of APAC: Explosion Proof Equipment Market – Revenue and Forecast to 2028 (US$ Million)

Figure 70. MEA Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 71. MEA Explosion Proof Equipment Market Breakdown, By Systems, 2020 & 2028 (%)

Figure 72. MEA Explosion Proof Equipment Market Breakdown, By Protection Method, 2020 & 2028 (%)

Figure 73. MEA Explosion Proof Equipment Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 74. MEA Explosion Proof Equipment Market Breakdown, By Country, 2020 & 2028 (%)

Figure 75. Saudi Arabia Explosion Proof Equipment Market, Revenue and Forecast To 2028 (US$ million)

Figure 76. UAE Explosion Proof Equipment Market, Revenue and Forecast To 2028 (US$ million)

Figure 77. South Africa Explosion Proof Equipment Market, Revenue and Forecast To 2028 (US$ million)

Figure 78. Rest of MEA Explosion Proof Equipment Market, Revenue and Forecast To 2028 (US$ million)

Figure 79. SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 80. SAM Explosion Proof Equipment Market Breakdown, By Systems, 2020 & 2028 (%)

Figure 81. SAM Explosion Proof Equipment Market Breakdown, By Protection Method, 2020 & 2028 (%)

Figure 82. SAM Explosion Proof Equipment Market Breakdown, By Industry, 2020 & 2028 (%)

Figure 83. SAM Explosion Proof Equipment Market Breakdown, by Country, 2020 & 2028 (%)

Figure 84. Brazil Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 85. Argentina Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 86. Rest of SAM Explosion Proof Equipment Market, Revenue and Forecast to 2028 (US$ million)

Figure 87. Impact of COVID-19 Pandemic in North American Country Markets

Figure 88. Impact of COVID-19 Pandemic in European Country Markets

Figure 89. Impact of COVID-19 Pandemic in APAC Country Markets

Figure 90. Impact of COVID-19 Pandemic in MEA Country Markets

Figure 91. Impact of COVID-19 Pandemic in SAM Country Markets

The List of Companies - Explosion Proof Equipment Market

1. ABB Ltd

2. BARTEC Group

3. Cortem S.p.A.

4. Eaton Corporation plc

5. Emerson Electric Co.

6. Extronics Ltd

7. Hubbell Incorporated

8. Rockwell Automation, Inc.

9. R. STAHL AG

10. Siemens AG

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global explosion proof equipment market

• Highlights key business priorities in order to assist companies to realign their business strategies

• The key findings and recommendations highlight crucial progressive industry trends in the global explosion proof equipment market, thereby allowing players across the value chain to develop effective long-term strategies

• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it

• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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