Global Hazardous Location Motors Market

The explosion-proof motors contain all the features used in the most dangerous areas where wash-down tolerance, cleanliness, and safety for hazardous vapours, liquids, or dust exist. Not only does this solve the motion control requirements of the application but also operates safely without any scope for a risky event.

The Global Hazardous Location MotorsMarket 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:

--> Rapid technological advancement

--> Increasein demand for energy efficient motors

--> Growing safety measures

However, the factor thatmay act as a roadblock to the growth of the Hazardous Location Motors market is designing and manufacturing motors that

--> Fullyinvolve an internal explosion, without bursting and erupting it

--> Do not escape hot gases from the enclosure

Segmentation

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

Segmentation based on type:

--> Explosion-proof general-purpose motors

--> Explosion-proof pump motors

--> Drill rig duty motors

--> Explosion-proof inverter duty motors

--> Explosion-proof severe duty motors

--> Others

Segmentation by Zone:

--> Zone 0

--> Zone 20

--> Zone 1

--> Zone 21

--> Zone 2

--> Zone 22

Segmentation by Class:

--> Class I

--> Class II

--> Class III

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

--> Petroleum Refining Plants

--> Spray Painting and Finishing Areas

--> Dry Cleaning Facilities

--> Fire Work Plants

--> Utility Gas Plants

--> Other

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

Geographic Analysis

Emergence of Argentina as a potential superpower in shale oilwith the second largest reserves after China and the fourth largest globally has led to growth in the hazardous location motors market. With an increase in drilling activities and discovery ofnew hydrocarbon reserves has led to a huge demand for the motors in Latin America.Rapid industrialization and stringent rules & regulations put down due to safety reasons, and the developing economies like India, China and Japan make APAC one of the fastest growing markets.

Due to the growth in demand for oil & gas, the exploration of oil and gas fields has seen a rise, which has next led to stringent laws and regulations put down towards product usage and safety in hazardous locations. The above-mentioned factors have led to the incredible growth of hazardous location motors market in the European region.

Although many key oil companies have lowered their capital expenditure, the national oil companies in the MENA region have not yet shown any signals ofslashing the investments because the growing importance for safety makes the market a huge potential for hazardous motors globally.

Key Players

The Global Hazardous Location Motors market entails of different international, regional, and local vendors. Thecompetition is projected to grow higher with increasing innovations and M&A events in the future. Moreover, many local and regional vendors are offering specific application products for diverse end-users. The new vendor entrants in the market are finding it difficult to compete with the international vendors based on quality, reliability, and innovations in technology.

Leading vendors in the market are - ABB Group, Brook Crompton, Stainless Motors, GE Industrial Solutions, Dietz Electric, Bluffton Motors Works, WEG Industries, Emerson Industrial Automation, Nidec Motor Corporation, Rockwell Automation, Heatrex, Kollmorgen Corporation

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