Global Explosion Proof Equipment Market

The explosion proof equipment is used to prevent ignition from dangerous substances. It can withstand an internal eruption. It could prevent financial loss. Human lives could be saved as well. The environment could be protected from damage to the atmosphere. The market has a bright future owing to increased safety requirements and standards in place for different industries.

Market Dynamics

The prime driver for the market is the push by the government for stricter regulations in handling hazardous materials and safety considerations. A rise in an explosion in manufacturing industries has triggered the focus on explosion prevention. The major restraint on the market is the lack of standardization of the products. The safety regulations vary across different geographies. Another issue may lie in the slower economic growth in certain geographies.

The opportunity for the market lies in the growth in different industry sectors and exploration of natural resources. Environmental disaster prevention is a major concern which makes the prospect of a bright future for the market.

Market Segmentation

The market is segmented in terms of the type of industries into manufacturing, pharmaceutical, mining, food processing. The market is divided into explosion proof, explosion prevention, and explosion segregation on the basis of equipment. The market can be further segmented on the basis of the applicable system type into the automation system, lifting and material handling, cable glands, and lifting and junction boxes. On the basis of flammable substances, it can be segmented into Class 1, Class 2 and Class 3. By area classification, it can be divided into Division I and Division II.

Regional/Geographic Analysis

North America dominates the market. Asia Pacific offers high growth prospects with a rise of industrialization especially in countries like China and India. The Middle East is also seeing increased usage of the product.

Key Players

Some of the major players in the market include Siemens AG, Rockwell Automation, Adalet, Warom Technology, Alloy Industry Co. Ltd., and Emerson.

Report Contents:

> Global Explosion Proof Equipment Market segments

> Global Explosion Proof Equipment Market Drivers, Restraints and Opportunities

> Global Explosion Proof Equipment Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Global Explosion Proof Equipment Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Global Explosion Proof Equipment Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage