The explosion proof lighting market size is expected to reach US$ 552.47 million by 2031 from 309.60 million in 2023, at an estimated CAGR of 7.5% from 2023 to 2031.
By geography the explosion proof lighting market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. In 2023, the North America regions is growing with a significant growth rate. Significant investments in infrastructural development and construction activities benefit the explosion-proof lighting market in North America. Explosion-proof lighting systems are highly adopted at construction sites for improving productivity by enhancing safety and efficiency. These lights are heat resistant, highly versatile, and improve workers mobility by enhancing workers' safety at construction sites. The US, Canada, and Mexico are among the major economies in North America.
Canada and Mexico are experiencing a notable rise in investments in the construction industry. For instance, according to a September 2023 report by the Government of Canada, the country has committed to continuously investing ~US$ 133.64 billion in the development of natural spaces, public transit infrastructure, trading ports, energy systems, and community services till 2028. Thus, the adoption of explosion-proof lighting is on the rise in the construction, power generation, and automotive industries, among others, in North American countries.
In March 2024, LDPI, Inc., a Canada-based explosion-proof lighting manufacturer, developed LED lighting for hazardous locations and explosive environments. The company exhibited its LED lighting portfolio at the 2024 LEDucation Conference and Exhibition. LDPI’s LED explosion-proof lights are suitable for different settings due to their compact design, ruggedness, and durability, as well as their long service life, which significantly decreases the maintenance costs of users.
The explosion proof lighting market analysis has been carried out by considering the following segments: type, light type, and end user.
On the basis of light type, the explosion proof lighting market is segmented in to LED light, high-intensity discharge (HID) light, fluorescent light, and incandescent light. LED, also known as solid-state lighting (SSL), uses semi-conducting metal alloys to emit light. LED lacks a filament, consumes less power, and has a long lifecycle. LED technology is evolving rapidly as one of the most energy-efficient lighting solutions for a variety of industrial lighting applications. LED lights are around 30% more energy-efficient than CFLs, as well as approximately 75% more energy-efficient than halogen incandescent lights. Significant investment and rapid innovation in product development have resulted in the introduction of reliable and durable LED lights. An extensive range of high-quality LED lighting products are now available in the market at affordable prices; however, the initial cost of LED is generally high.
Most of the currently used explosion-proof lighting comprises LED technology, which reduces cost and enhances the durability of the lighting fitting in a hazardous industrial lighting location. Different from standard industrial LED lighting fittings, explosion-proof LED lighting has a sturdier frame and coverings as well as thicker, tempered glass lenses. Internal electrical systems, which may generate sparks, are more tightly controlled to separate any sparks from inflammable dust, vapors, or fibers in the environment.
The objective standards for rating explosion proof lighting specify precisely the type of hazardous lighting location to match a particular fixture. For instance, a Class I Division 1 explosion-proof LED lighting fixture is considered safe for installation in an environment with inflammable vapors, which are regularly or occasionally present in the atmosphere around the fixture. Further, a Class I Division 2 lighting fixture is considered safe for installation in areas where vaporous materials are held or transported in storage vessels but are not usually present in the atmosphere.
Moreover, factor such as need to ensure workforce safety propel the explosion proof lighting market growth. Also, IoT-based intelligent lighting systems is expected to bring new explosion proof lighting market trends in the coming years.
On the basis of end user, the explosion proof lighting market is segmented in to oil & gas, chemical, pharmaceutical, energy, manufacturing, food & beverages, military and defense, transportation & logistics, clean & medical, paint shop & application technology, agriculture & farming, public and community, and others. Oil & gas plants require lighting solutions that can withstand extreme climates, corrosive atmospheres, and potentially explosive environments. Professionals in oil & gas industries understand the importance of prioritizing the safety of their staff in hazardous conditions. One significant danger they face is the presence of inflammable substances, including vapor, gas, dust, or liquid, which can cause severe damage. Even a minor electrical malfunction can lead to the formation of an electric arc, posing a potentially catastrophic risk. To mitigate these hazards, companies in these industries install explosion-proof lighting in crucial areas.
ABB Ltd, Hubbell Inc, Eaton Corp Plc, Cortem S.p.A., Pepperl+Fuchs SE, Emerson Electric Co, Rockwell Automation Inc, Adolf Schuch GmbH, Airfal International, LDPI, Inc, ABTECH, Signify Holding (Philips), R. STAHL AG, NORKA, Glamox, TREVOS, a.s., and TEP Ex d.o.o. are among the key players profiled in the explosion proof lighting market report.
The explosion proof lighting market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the explosion proof lighting market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the explosion proof lighting market.
By geography the explosion proof lighting market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. In 2023, the North America regions is growing with a significant growth rate. Significant investments in infrastructural development and construction activities benefit the explosion-proof lighting market in North America. Explosion-proof lighting systems are highly adopted at construction sites for improving productivity by enhancing safety and efficiency. These lights are heat resistant, highly versatile, and improve workers mobility by enhancing workers' safety at construction sites. The US, Canada, and Mexico are among the major economies in North America.
Canada and Mexico are experiencing a notable rise in investments in the construction industry. For instance, according to a September 2023 report by the Government of Canada, the country has committed to continuously investing ~US$ 133.64 billion in the development of natural spaces, public transit infrastructure, trading ports, energy systems, and community services till 2028. Thus, the adoption of explosion-proof lighting is on the rise in the construction, power generation, and automotive industries, among others, in North American countries.
In March 2024, LDPI, Inc., a Canada-based explosion-proof lighting manufacturer, developed LED lighting for hazardous locations and explosive environments. The company exhibited its LED lighting portfolio at the 2024 LEDucation Conference and Exhibition. LDPI’s LED explosion-proof lights are suitable for different settings due to their compact design, ruggedness, and durability, as well as their long service life, which significantly decreases the maintenance costs of users.
The explosion proof lighting market analysis has been carried out by considering the following segments: type, light type, and end user.
On the basis of light type, the explosion proof lighting market is segmented in to LED light, high-intensity discharge (HID) light, fluorescent light, and incandescent light. LED, also known as solid-state lighting (SSL), uses semi-conducting metal alloys to emit light. LED lacks a filament, consumes less power, and has a long lifecycle. LED technology is evolving rapidly as one of the most energy-efficient lighting solutions for a variety of industrial lighting applications. LED lights are around 30% more energy-efficient than CFLs, as well as approximately 75% more energy-efficient than halogen incandescent lights. Significant investment and rapid innovation in product development have resulted in the introduction of reliable and durable LED lights. An extensive range of high-quality LED lighting products are now available in the market at affordable prices; however, the initial cost of LED is generally high.
Most of the currently used explosion-proof lighting comprises LED technology, which reduces cost and enhances the durability of the lighting fitting in a hazardous industrial lighting location. Different from standard industrial LED lighting fittings, explosion-proof LED lighting has a sturdier frame and coverings as well as thicker, tempered glass lenses. Internal electrical systems, which may generate sparks, are more tightly controlled to separate any sparks from inflammable dust, vapors, or fibers in the environment.
The objective standards for rating explosion proof lighting specify precisely the type of hazardous lighting location to match a particular fixture. For instance, a Class I Division 1 explosion-proof LED lighting fixture is considered safe for installation in an environment with inflammable vapors, which are regularly or occasionally present in the atmosphere around the fixture. Further, a Class I Division 2 lighting fixture is considered safe for installation in areas where vaporous materials are held or transported in storage vessels but are not usually present in the atmosphere.
Moreover, factor such as need to ensure workforce safety propel the explosion proof lighting market growth. Also, IoT-based intelligent lighting systems is expected to bring new explosion proof lighting market trends in the coming years.
On the basis of end user, the explosion proof lighting market is segmented in to oil & gas, chemical, pharmaceutical, energy, manufacturing, food & beverages, military and defense, transportation & logistics, clean & medical, paint shop & application technology, agriculture & farming, public and community, and others. Oil & gas plants require lighting solutions that can withstand extreme climates, corrosive atmospheres, and potentially explosive environments. Professionals in oil & gas industries understand the importance of prioritizing the safety of their staff in hazardous conditions. One significant danger they face is the presence of inflammable substances, including vapor, gas, dust, or liquid, which can cause severe damage. Even a minor electrical malfunction can lead to the formation of an electric arc, posing a potentially catastrophic risk. To mitigate these hazards, companies in these industries install explosion-proof lighting in crucial areas.
ABB Ltd, Hubbell Inc, Eaton Corp Plc, Cortem S.p.A., Pepperl+Fuchs SE, Emerson Electric Co, Rockwell Automation Inc, Adolf Schuch GmbH, Airfal International, LDPI, Inc, ABTECH, Signify Holding (Philips), R. STAHL AG, NORKA, Glamox, TREVOS, a.s., and TEP Ex d.o.o. are among the key players profiled in the explosion proof lighting market report.
The explosion proof lighting market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the explosion proof lighting market growth. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the explosion proof lighting market.
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Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Explosion Proof Lighting Market Landscape
5. Explosion Proof Lighting Market - Key Market Dynamics
6. Explosion Proof Lighting Market - Global Market Analysis
7. Explosion Proof Lighting Market Analysis - by Type
8. Explosion Proof Lighting Market Analysis - by Light Type
9. Explosion Proof Lighting Market Analysis - by End User
10. Explosion Proof Lighting Market - Geographical Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
Companies Mentioned
- ABB Ltd
- Hubbell Inc
- Eaton Corp Plc
- Cortem S.p.A.
- Pepperl+Fuchs SE
- Emerson Electric Co
- Rockwell Automation Inc
- General Electric Co
- Adolf Schuch GmbH
- Airfal International
- LDPI, Inc
- ABTECH
- Signify Holding (Philips)
- R. STAHL AG
- NORKA
- Glamox
- TREVOS, a.s.
- TEP Ex d.o.o.
- Alfred PRACHT Lichttechnik GmbH
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | July 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value in 2023 | 309.6 Million |
Forecasted Market Value by 2031 | 552.47 Million |
Compound Annual Growth Rate | 7.5% |
Regions Covered | Global |
No. of Companies Mentioned | 19 |