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Hazardous Area Equipment Market Size, Share & Industry Trends Analysis Report By Product, By Industry (Oil & Gas, Food & Beverages, Chemical & Pharmaceuticals, Energy & Power, Mining, and Others), By Regional Outlook and Forecast, 2022 - 2028

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    Report

  • 203 Pages
  • December 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5723532
The Global Hazardous Area Equipment Market size is expected to reach $13.5 billion by 2028, rising at a market growth of 5.4% CAGR during the forecast period.

Hazardous spots in electrical and safety engineering are locations where there may be fire or explosion risks. Sources of these dangers include combustible gases, fumes, dust, fibres, and flying objects. Due to electrical arcing or high temperatures, the electrical equipment connected to these places may serve as an pandemic source. There are principles and techniques for locating these places, classifying the dangers there, and planning equipment for safe usage. When turned on or off, a light switch may cause a tiny, harmless spark.



In a typical home, this poses little danger, but if a combustible environment is present, the arc might trigger an explosion. Such an environment is widespread, or at least often conceivable, in many commercial, industrial, and scientific contexts. It is important to protect against fire and explosions for both employee safety and consistency reasons. Chemical characteristics of various explosive atmospheres influence the probability and strength of an explosion.

These advantages include least burst energy, molecular weight, upper and lower explosive limits, and flame temperature. Limitations such as least igniting current (MIC) ratio, extreme experimental safe gap (MESG), explosion burden and duration to spontaneous explosion temperature, peak pressure, and maximum rate of pressure increase are all determined by empirical testing.

The industrial sector"s ongoing development has accelerated the need for hazardous area equipment. Additionally, owing to the state of the equipment in hazardous regions and the utility of cable glands for all constructions, the need for hazardous area equipment is rising. Due to the increased need for security measures for the cooling and process sectors. The primary driving force behind the expansion of the worldwide market is the rising demand for safety precautions equipment.

COVID-19 Impact Analysis

The COVID-19 global health crisis has had a significant effect on the majority of industrial sectors throughout the world. The hazardous area equipment market, like all the other market segments, saw a number of unforeseen difficulties during the pandemic, including a decline in demand and a loss of income. On the other hand, the market for hazardous area equipment is anticipated to expand significantly throughout the assessment period because rising immunization rates and a rebound in global economic activity.

Market Growth Factors

Rising government rules for safety precautions in a dangerous environment

To prevent catastrophic events that result in significant human casualties, governments throughout the globe have intensified their attention on workplace safety in risky places. Due to this, businesses are now subject to stringent regulations that must be adhered to in order to protect the wellbeing of site workers. The adoption of hazardous area systems is anticipated to be significantly impacted by this trend on a worldwide level.

Changeover to linked lighting solutions from conventional lighting systems is fast

Due to the many benefits given by connected lighting solutions, including enhanced energy efficiency, improved brightness, and long-term cost savings, there has been a fast movement in recent years from conventional lighting systems to linked lighting solutions. Users of connected lighting may remotely control the lights based on their needs to save energy consumption. Users get information on the patterns of light consumption via the integrated sensors and automatic control mechanisms, which improves the lighting experience.

Market Restraining Factor

The absence of unified standards for equipment used in hazardous areas

Hazardous area equipment producers and end users must adhere to the same requirements to prevent workplace catastrophes. International Electrotechnical Commission (IEC) and National Electrical Code (NEC), both of which are issued by the National Fire Protection Association, are the two main organisations that supply hazardous area standards globally (NFPA). Although the fundamentals of explosion safety are the same around the globe, North America, Asia Pacific, and Europe follow different specific rules. The absence of widely accepted open standards is causing uncertainty in the sector.

Product Outlook

Based on the product, the hazardous area equipment market is classified into Cable Glands & Accessories, Measurement Devices, Control Products, Lighting Product, Alarm Systems, and Motors. The Alarm System segment had the significant revenue share in the market in 2021. In ATEX and IECEx Zone 1 and Zone 2 hazardous environments, hazardous area sounders are used to warn of potentially harmful circumstances or to convey instructions.



Industry Outlook

Based on Industry, the hazardous area equipment market is divided into oil & gas, chemical & pharmaceuticals, food & drinks, energy & power, mining, and others. The oil and gas segment generated the largest market share for hazardous area equipment in 2021. The exploration and extraction of shale gas and oil have boosted the use of hazardous area equipment, such as measuring tools, control goods, motors, alarm systems, and lighting items. As a result, the oil & gas category is anticipated to maintain its market-leading position through 2028.

Regional Outlook

Based on geography, the hazardous area equipment markets is divided into North America, Europe, Asia Pacific, and LAMEA. The North America region held the largest revenue share in 2021. Due to the fact that North America has become a worldwide hub for significant investments and commercial growth prospects, this region is likely to see an increase in the need for hazardous area equipment. Due to the presence of major market players like Rockwell (US), Honeywell (US), and Emerson (US), as well as the fact that many businesses are concentrating on the exploration and production of oil and gas assets in the area, the hazardous area equipment market in North America has experienced the fastest growth.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Honeywell International, Inc., Siemens AG, Emerson Electric Co., Rockwell Automation, Inc., Eaton Corporation PLC, R. STAHL AG, E2S Warning Signals, NHP Electrical Engineering Products Pty Ltd. and PATLITE Corporation

Scope of the Study

By Product

  • Cable Glands & Accessories
  • Measurement Devices
  • Control Products
  • Lighting Product
  • Alarm Systems
  • Motors

By Industry

  • Oil & Gas
  • Food & Beverages
  • Chemical & Pharmaceuticals
  • Energy & Power
  • Mining
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • ABB Group
  • Honeywell International, Inc.
  • Siemens AG
  • Emerson Electric Co.
  • Rockwell Automation, Inc.
  • Eaton Corporation PLC
  • R. STAHL AG
  • E2S Warning Signals
  • NHP Electrical Engineering Products Pty Ltd.
  • PATLITE Corporation

Unique Offerings

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Hazardous Area Equipment Market, by Product
1.4.2 Global Hazardous Area Equipment Market, by Industry
1.4.3 Global Hazardous Area Equipment Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Global Hazardous Area Equipment Market by Product
3.1 Global Cable Glands & Accessories Market by Region
3.2 Global Measurement Devices Market by Region
3.3 Global Control Products Market by Region
3.4 Global Lighting Product Market by Region
3.5 Global Alarm Systems Market by Region
3.6 Global Motors Market by Region

Chapter 4. Global Hazardous Area Equipment Market by Industry
4.1 Global Oil & Gas Market by Region
4.2 Global Food & Beverages Market by Region
4.3 Global Chemical & Pharmaceuticals Market by Region
4.4 Global Energy & Power Market by Region
4.5 Global Mining Market by Region
4.6 Global Others Market by Region

Chapter 5. Global Hazardous Area Equipment Market by Region
5.1 North America Hazardous Area Equipment Market
5.1.1 North America Hazardous Area Equipment Market by Product
5.1.1.1 North America Cable Glands & Accessories Market by Country
5.1.1.2 North America Measurement Devices Market by Country
5.1.1.3 North America Control Products Market by Country
5.1.1.4 North America Lighting Product Market by Country
5.1.1.5 North America Alarm Systems Market by Country
5.1.1.6 North America Motors Market by Country
5.1.2 North America Hazardous Area Equipment Market by Industry
5.1.1.8 North America Oil & Gas Market by Country
5.1.1.9 North America Food & Beverages Market by Country
5.1.1.10 North America Chemical & Pharmaceuticals Market by Country
5.1.1.11 North America Energy & Power Market by Country
5.1.1.12 North America Mining Market by Country
5.1.1.13 North America Others Market by Country
5.1.2 North America Hazardous Area Equipment Market by Country
5.1.2.1 US Hazardous Area Equipment Market
5.1.2.1.1 US Hazardous Area Equipment Market by Product
5.1.2.1.2 US Hazardous Area Equipment Market by Industry
5.1.2.2 Canada Hazardous Area Equipment Market
5.1.2.2.1 Canada Hazardous Area Equipment Market by Product
5.1.2.2.2 Canada Hazardous Area Equipment Market by Industry
5.1.2.3 Mexico Hazardous Area Equipment Market
5.1.2.3.1 Mexico Hazardous Area Equipment Market by Product
5.1.2.3.2 Mexico Hazardous Area Equipment Market by Industry
5.1.2.4 Rest of North America Hazardous Area Equipment Market
5.1.2.4.1 Rest of North America Hazardous Area Equipment Market by Product
5.1.2.4.2 Rest of North America Hazardous Area Equipment Market by Industry
5.2 Europe Hazardous Area Equipment Market
5.2.1 Europe Hazardous Area Equipment Market by Product
5.2.1.1 Europe Cable Glands & Accessories Market by Country
5.2.1.2 Europe Measurement Devices Market by Country
5.2.1.3 Europe Control Products Market by Country
5.2.1.4 Europe Lighting Product Market by Country
5.2.1.5 Europe Alarm Systems Market by Country
5.2.1.6 Europe Motors Market by Country
5.2.2 Europe Hazardous Area Equipment Market by Industry
5.2.2.1 Europe Oil & Gas Market by Country
5.2.2.2 Europe Food & Beverages Market by Country
5.2.2.3 Europe Chemical & Pharmaceuticals Market by Country
5.2.2.4 Europe Energy & Power Market by Country
5.2.2.5 Europe Mining Market by Country
5.2.2.6 Europe Others Market by Country
5.2.3 Europe Hazardous Area Equipment Market by Country
5.2.3.1 Germany Hazardous Area Equipment Market
5.2.3.1.1 Germany Hazardous Area Equipment Market by Product
5.2.3.1.2 Germany Hazardous Area Equipment Market by Industry
5.2.3.2 UK Hazardous Area Equipment Market
5.2.3.2.1 UK Hazardous Area Equipment Market by Product
5.2.3.2.2 UK Hazardous Area Equipment Market by Industry
5.2.3.3 France Hazardous Area Equipment Market
5.2.3.3.1 France Hazardous Area Equipment Market by Product
5.2.3.3.2 France Hazardous Area Equipment Market by Industry
5.2.3.4 Russia Hazardous Area Equipment Market
5.2.3.4.1 Russia Hazardous Area Equipment Market by Product
5.2.3.4.2 Russia Hazardous Area Equipment Market by Industry
5.2.3.5 Spain Hazardous Area Equipment Market
5.2.3.5.1 Spain Hazardous Area Equipment Market by Product
5.2.3.5.2 Spain Hazardous Area Equipment Market by Industry
5.2.3.6 Italy Hazardous Area Equipment Market
5.2.3.6.1 Italy Hazardous Area Equipment Market by Product
5.2.3.6.2 Italy Hazardous Area Equipment Market by Industry
5.2.3.7 Rest of Europe Hazardous Area Equipment Market
5.2.3.7.1 Rest of Europe Hazardous Area Equipment Market by Product
5.2.3.7.2 Rest of Europe Hazardous Area Equipment Market by Industry
5.3 Asia Pacific Hazardous Area Equipment Market
5.3.1 Asia Pacific Hazardous Area Equipment Market by Product
5.3.1.1 Asia Pacific Cable Glands & Accessories Market by Country
5.3.1.2 Asia Pacific Measurement Devices Market by Country
5.3.1.3 Asia Pacific Control Products Market by Country
5.3.1.4 Asia Pacific Lighting Product Market by Country
5.3.1.5 Asia Pacific Alarm Systems Market by Country
5.3.1.6 Asia Pacific Motors Market by Country
5.3.2 Asia Pacific Hazardous Area Equipment Market by Industry
5.3.2.1 Asia Pacific Oil & Gas Market by Country
5.3.2.2 Asia Pacific Food & Beverages Market by Country
5.3.2.3 Asia Pacific Chemical & Pharmaceuticals Market by Country
5.3.2.4 Asia Pacific Energy & Power Market by Country
5.3.2.5 Asia Pacific Mining Market by Country
5.3.2.6 Asia Pacific Others Market by Country
5.3.3 Asia Pacific Hazardous Area Equipment Market by Country
5.3.3.1 China Hazardous Area Equipment Market
5.3.3.1.1 China Hazardous Area Equipment Market by Product
5.3.3.1.2 China Hazardous Area Equipment Market by Industry
5.3.3.2 Japan Hazardous Area Equipment Market
5.3.3.2.1 Japan Hazardous Area Equipment Market by Product
5.3.3.2.2 Japan Hazardous Area Equipment Market by Industry
5.3.3.3 India Hazardous Area Equipment Market
5.3.3.3.1 India Hazardous Area Equipment Market by Product
5.3.3.3.2 India Hazardous Area Equipment Market by Industry
5.3.3.4 South Korea Hazardous Area Equipment Market
5.3.3.4.1 South Korea Hazardous Area Equipment Market by Product
5.3.3.4.2 South Korea Hazardous Area Equipment Market by Industry
5.3.3.5 Singapore Hazardous Area Equipment Market
5.3.3.5.1 Singapore Hazardous Area Equipment Market by Product
5.3.3.5.2 Singapore Hazardous Area Equipment Market by Industry
5.3.3.6 Malaysia Hazardous Area Equipment Market
5.3.3.6.1 Malaysia Hazardous Area Equipment Market by Product
5.3.3.6.2 Malaysia Hazardous Area Equipment Market by Industry
5.3.3.7 Rest of Asia Pacific Hazardous Area Equipment Market
5.3.3.7.1 Rest of Asia Pacific Hazardous Area Equipment Market by Product
5.3.3.7.2 Rest of Asia Pacific Hazardous Area Equipment Market by Industry
5.4 LAMEA Hazardous Area Equipment Market
5.4.1 LAMEA Hazardous Area Equipment Market by Product
5.4.1.1 LAMEA Cable Glands & Accessories Market by Country
5.4.1.2 LAMEA Measurement Devices Market by Country
5.4.1.3 LAMEA Control Products Market by Country
5.4.1.4 LAMEA Lighting Product Market by Country
5.4.1.5 LAMEA Alarm Systems Market by Country
5.4.1.6 LAMEA Motors Market by Country
5.4.2 LAMEA Hazardous Area Equipment Market by Industry
5.4.2.1 LAMEA Oil & Gas Market by Country
5.4.2.2 LAMEA Food & Beverages Market by Country
5.4.2.3 LAMEA Chemical & Pharmaceuticals Market by Country
5.4.2.4 LAMEA Energy & Power Market by Country
5.4.2.5 LAMEA Mining Market by Country
5.4.2.6 LAMEA Others Market by Country
5.4.3 LAMEA Hazardous Area Equipment Market by Country
5.4.3.1 Brazil Hazardous Area Equipment Market
5.4.3.1.1 Brazil Hazardous Area Equipment Market by Product
5.4.3.1.2 Brazil Hazardous Area Equipment Market by Industry
5.4.3.2 Argentina Hazardous Area Equipment Market
5.4.3.2.1 Argentina Hazardous Area Equipment Market by Product
5.4.3.2.2 Argentina Hazardous Area Equipment Market by Industry
5.4.3.3 UAE Hazardous Area Equipment Market
5.4.3.3.1 UAE Hazardous Area Equipment Market by Product
5.4.3.3.2 UAE Hazardous Area Equipment Market by Industry
5.4.3.4 Saudi Arabia Hazardous Area Equipment Market
5.4.3.4.1 Saudi Arabia Hazardous Area Equipment Market by Product
5.4.3.4.2 Saudi Arabia Hazardous Area Equipment Market by Industry
5.4.3.5 South Africa Hazardous Area Equipment Market
5.4.3.5.1 South Africa Hazardous Area Equipment Market by Product
5.4.3.5.2 South Africa Hazardous Area Equipment Market by Industry
5.4.3.6 Nigeria Hazardous Area Equipment Market
5.4.3.6.1 Nigeria Hazardous Area Equipment Market by Product
5.4.3.6.2 Nigeria Hazardous Area Equipment Market by Industry
5.4.3.7 Rest of LAMEA Hazardous Area Equipment Market
5.4.3.7.1 Rest of LAMEA Hazardous Area Equipment Market by Product
5.4.3.7.2 Rest of LAMEA Hazardous Area Equipment Market by Industry

Chapter 6. Company Profiles
6.1 ABB Group
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expense
6.1.5 Recent strategies and developments:
6.1.5.1 Product Launches and Product Expansions:
6.1.6 SWOT Analysis
6.2 Honeywell International, Inc.
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.2.6 SWOT Analysis
6.3 Siemens AG
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expense
6.3.5 SWOT Analysis
6.4 Emerson Electric Co.
6.4.1 Company Overview
6.4.2 Financial Analysis
6.4.3 Segmental and Regional Analysis
6.4.4 Research & Development Expense
6.5 Rockwell Automation, Inc.
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expenses
6.6 Eaton Corporation PLC
6.6.1 Company Overview
6.6.2 Financial Analysis
6.6.3 Segmental Analysis
6.6.4 Research & Development Expense
6.7 R. STAHL AG
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.8 E2S Warning Signals
6.8.1 Company Overview
6.8.2 Recent strategies and developments:
6.8.2.1 Product Launches and Product Expansions:
6.9 NHP Electrical Engineering Products Pty Ltd.
6.9.1 Company Overview
6.10. PATLITE Corporation
6.10.1 Company Overview

Companies Mentioned

  • ABB Group
  • Honeywell International, Inc.
  • Siemens AG
  • Emerson Electric Co.
  • Rockwell Automation, Inc.
  • Eaton Corporation PLC
  • R. STAHL AG
  • E2S Warning Signals
  • NHP Electrical Engineering Products Pty Ltd.
  • PATLITE Corporation

Methodology

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