The North America Hazardous Area Equipment Market should witness market growth of 4.7% CAGR during the forecast period (2022-2028).
The versatility of the cable glands for various tasks is a reason fueling the expansion of the market. The Hazardous Area Equipment Companies are also accumulating product needs, which have dramatically industrialized the world market. The expensive equipment prices may be a barrier for the market for hazardous area equipment.
Hazards for gas are classified as Zones 0, 1, or 2, with Zone 0 being the greatest risk, while for dust, they are classified as Zones 20, 21, or 22, with Zone 20 being the highest risk. According to the 'Division' method, dangers are classified as Class I Division 1 or 2, with 1 being the highest hazard, and Class II Division 1 or 2, with 1 being the greatest hazard, for gas and dust, respectively.
The frequency and length of time that ignitable gases or dusts may be in the environment are factors in how Zones and Divisions are categorized. The highest surface temperature that a product intended for use in a potentially hazardous environment is permitted to function at, in relation to an ambient temperature range of -20°C to +40°C, is defined by temperature classification (also known as temperature class, or T class).
The US government did not require the use of equipment that was explosion resistant in the late 19th century. However, the government recently passed laws in a number of different industrial sectors. The National Fire Protection Association (NFPA), Factory Mutual - FM3610, Occupational Safety and Health Administration (OSHA), Underwriters Laboratories (UL), and others are the main regulating organisations in the area. As a result, the market saw an increase in the rates at which existing equipment was replaced. The alternate Zone method of hazardous site categorization is still relatively new in the United States compared to the rest of the globe, which is further encouraging firms to replace their current equipment.
The US market dominated the North America Hazardous Area Equipment Market by Country in 2021; thereby, achieving a market value of $3, 379.1 million by 2028. The Canada market is experiencing a CAGR of 7.1% during (2022-2028). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2022-2028).
Based on Product, the market is segmented into Cable Glands & Accessories, Measurement Devices, Control Products, Lighting Product, Alarm Systems, and Motors. Based on Industry, the market is segmented into Oil & Gas, Food & Beverages, Chemical & Pharmaceuticals, Energy & Power, Mining, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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
The versatility of the cable glands for various tasks is a reason fueling the expansion of the market. The Hazardous Area Equipment Companies are also accumulating product needs, which have dramatically industrialized the world market. The expensive equipment prices may be a barrier for the market for hazardous area equipment.
Hazards for gas are classified as Zones 0, 1, or 2, with Zone 0 being the greatest risk, while for dust, they are classified as Zones 20, 21, or 22, with Zone 20 being the highest risk. According to the 'Division' method, dangers are classified as Class I Division 1 or 2, with 1 being the highest hazard, and Class II Division 1 or 2, with 1 being the greatest hazard, for gas and dust, respectively.
The frequency and length of time that ignitable gases or dusts may be in the environment are factors in how Zones and Divisions are categorized. The highest surface temperature that a product intended for use in a potentially hazardous environment is permitted to function at, in relation to an ambient temperature range of -20°C to +40°C, is defined by temperature classification (also known as temperature class, or T class).
The US government did not require the use of equipment that was explosion resistant in the late 19th century. However, the government recently passed laws in a number of different industrial sectors. The National Fire Protection Association (NFPA), Factory Mutual - FM3610, Occupational Safety and Health Administration (OSHA), Underwriters Laboratories (UL), and others are the main regulating organisations in the area. As a result, the market saw an increase in the rates at which existing equipment was replaced. The alternate Zone method of hazardous site categorization is still relatively new in the United States compared to the rest of the globe, which is further encouraging firms to replace their current equipment.
The US market dominated the North America Hazardous Area Equipment Market by Country in 2021; thereby, achieving a market value of $3, 379.1 million by 2028. The Canada market is experiencing a CAGR of 7.1% during (2022-2028). Additionally, The Mexico market would exhibit a CAGR of 6.2% during (2022-2028).
Based on Product, the market is segmented into Cable Glands & Accessories, Measurement Devices, Control Products, Lighting Product, Alarm Systems, and Motors. Based on Industry, the market is segmented into Oil & Gas, Food & Beverages, Chemical & Pharmaceuticals, Energy & Power, Mining, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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 Country
- US
- Canada
- Mexico
- Rest of North America
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 & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Hazardous Area Equipment Market, by Product
1.4.2 North America Hazardous Area Equipment Market, by Industry
1.4.3 North America Hazardous Area Equipment Market, by Country
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. North America Hazardous Area Equipment Market by Product
3.1 North America Cable Glands & Accessories Market by Country
3.2 North America Measurement Devices Market by Country
3.3 North America Control Products Market by Country
3.4 North America Lighting Product Market by Country
3.5 North America Alarm Systems Market by Country
3.6 North America Motors Market by Country
Chapter 4. North America Hazardous Area Equipment Market by Industry
4.1 North America Oil & Gas Market by Country
4.2 North America Food & Beverages Market by Country
4.3 North America Chemical & Pharmaceuticals Market by Country
4.4 North America Energy & Power Market by Country
4.5 North America Mining Market by Country
4.6 North America Others Market by Country
Chapter 5. North America Hazardous Area Equipment Market by Country
5.1 US Hazardous Area Equipment Market
5.1.1 US Hazardous Area Equipment Market by Product
5.1.2 US Hazardous Area Equipment Market by Industry
5.2 Canada Hazardous Area Equipment Market
5.2.1 Canada Hazardous Area Equipment Market by Product
5.2.2 Canada Hazardous Area Equipment Market by Industry
5.3 Mexico Hazardous Area Equipment Market
5.3.1 Mexico Hazardous Area Equipment Market by Product
5.3.2 Mexico Hazardous Area Equipment Market by Industry
5.4 Rest of North America Hazardous Area Equipment Market
5.4.1 Rest of North America Hazardous Area Equipment Market by Product
5.4.2 Rest of North America 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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