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Automotive and Transportation

Global Hazardous Location Connectors Market

  • MAR2979326
  • 214 Pages
  • November 2018
  • Automotive and Transportation
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The various safety standards laid down by the governmenthavemade the use of environment safe connectors obligatory in nearly all the industrial sectors. Consistent with these safety standards, there are hazardous location connectors that are corrosion resistantas well asexplosion or flame-proof.

Connectors provide protection to the personneland to theindustrial equipment. Additionally, they prevent the incidents of major accidents in the risky areas. Thus, having information about all the parameters, which can direct us in choosing the right kind of connector is critically important, so as to avoid the risk of explosion or fire owing tovapours, dust or ignitable gases.

The Global Hazardous Location ConnectorsMarket was found to valueat USD XX.XX million in 2016 and it is estimated that it'll reach USD XX million by 2022, at a CAGR of XX%% during the forecast period, 2017 to 2022.

Market Dynamics

The analysis of the market shows that the major drivers of the growth in the market are expected to be:

--> Rise in industrial safety measures

--> Increase in applications in the industrial sector

--> Growing awareness

--> Reducing costs

However, the factors thatmay act as a roadblock to the growth of the Hazardous Location Connectors market are:

--> Complexity of standards

--> Complexity of product installation

--> Maintenance costs

Segmentation

The Hazardous Location Connectors market can be segmented based on the application, zone, classand the geography.

Segmentation by Zone:

--> Zone 0

--> Zone 1

--> Zone 2

Segmentation by Class:

--> Class I

--> Class II

--> Class III

Segmentation based on the application of Hazardous Location Connectors is done into the following:

--> Oil refineries

--> Food & Beverage processing

--> Petrochemical refineries

--> Pharmaceutical manufacturing

--> Pulp & Paper mills

--> Wastewater treatment facilities

--> Oil & Gas production

--> Others

The market can also be segmented based on Geography into North America, Europe, APAC, Middle East and Africa and South America.

Geographic Analysis

The US is the major market in North America for the connectors, followed by Canada. North America is likely to observe robust growth over the forecast period owing toimproving economic outlook and increase in investments in shale gas exploration, enhancing the demand for connectors.

In the APAC region India, South Korea, and China will be the major markets for the Hazardous Location Connectors, with a high growth possibility and economic activity.

Europe is still on the road to recovery from the economic crisis of 2008. New investments have been low but they are slowly growing. This has led to increase in demand for Hazardous Location Connectors Market.The Latin America hazardous location connectors market is estimated to grow in the forecasted period at a high CAGR due to the economic conditions and the market dynamics driving the growth.The Middle East and Africa market is also likely to grow in the forecast period but it will witness moderate growth.

Key Players

The Global Hazardous Location Connectors market entails of different international, regional, and local vendors. Moreover, many local and regional vendors are offering specific application products for diverse end-users.

Leading vendors in the market are -

American Connectors, Thomas & Betts, Steck Connections, Hubbell-Killark, Texcan, Amphenol Industrial Products Group, Crouse-Hinds (Eaton), ITT BIW Connector Systems, Emersion Industrial Automation

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> 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

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. 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 Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage

 
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