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Global Explosion-proof Lighting Market by Type (High Bay & Low Bay, Linear, Flood), Light Source (LED, Fluorescent and other), End-user Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, Others) and Hazardous location (Zone 1, Zone 2, Others), Regional Forecasts 2021-2027

  • BIZ4386077
  • 200 Pages
  • May 2021
  • Semiconductor and Electronics
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Global Explosion-proof Lighting Market is valued approximately at USD 301.7 million in 2020 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2021-2027. Explosion-proof lights are designed to separate sparks inside the device, preventing fires from spreading. During an explosion, this greatly reduces the risk of the explosive reaction spreading or sparking volatile substances in the environment. Although the products have a thick casing that covers the lamps, it should be noted that they are not airtight. Due to the design of the light, gas is forced to take a long, complicated route through different paths and channels in order to cool down to a safe temperature. Furthermore, increase in government regulations relate to safe lighting and rising investment by end use industries are driving the market growth in upcoming years. The oil and gas industry is the primary end-user of explosion-proof lighting, as any failure or damage to assets caused by an explosion will result in increased costs. The demand for new explosion-proof lighting in the oil and gas industry is expected to increase as a result of several ongoing oil and gas projects around the world, which will drive market growth during the forecast period. For instance, many companies around the world are focused on the exploration and production of oil and gas assets. Moscow, Russia's capital, is taking new measures to encourage the oil and gas industry's development, with the goal of doubling petrochemical output to around 20 million metric tons per year by 2030. Kuwait signed a USD 600 million offshore exploration contract with Halliburton (US) in July 2019, which might raise Kuwait's oil production capacity by 100,000 barrels per day. However, Lack of common open standards, may impede market growth over the forecast period of 2021-2027.

Geographically, Asia-Pacific is expected to account for a significant market share due to the high industrial and infrastructure growth in the region and growing demand for energy-efficient lighting technologies. Major investments have also been made in the oil and gas, chemical and pharmaceutical, mining, and marine and shipbuilding industries in the region. Although raw materials are easily accessible in Asian countries such as India and China, the number of industrial facilities in the APAC region is rapidly growing. Companies from all over the world are looking to invest and develop their industrial bases in the APAC region, as it is one of the world's fastest-growing innovation centres.

Major market player included in this report are:

Phoenix Products Company Inc.

Hubbell Ltd.

Larson Electronics

Nordland Lighting

Zhejiang Tormin Electrical Co. Ltd.

R. STAHL, Inc.

Petro Middle East

Eaton

Brite Strike Technologies SA

Emerson Electric Co.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

High Bay & Low Bay

Linear

Flood

By Light Source:

LED

Fluorescent

Others

By End use Industries

Oil & Gas

Chemical & Pharmaceutical

Food & Beverage

Mining

Energy & Power

Others

By hazardous Location:

Zone 1

Zone 2

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Global Explosion-proof Lighting Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1.Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)

1.2.1. Explosion-proof lighting Market , by Region, 2019-2027 (USD Million)

1.2.2. Explosion-proof lighting Market, by Type, 2019-2027 (USD Million)

1.2.3. Explosion-proof lighting Market, by light Source, 2019-2027 (USD Million)

1.2.4. Explosion-proof lighting Market , by End Use industry, 2019-2027 (USD Million)

1.2.5. Explosion-proof lighting Market , by Hazardous Location, 2019-2027 (USD Million)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Explosion-proof lighting Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Explosion-proof lighting Market Dynamics

3.1. Explosion-proof lighting Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing adoption of explosion-proof LED light

3.1.1.2. Government regulations regarding employee safety in harmful environments

3.1.1.3. Increasing investments in major end-user industries

3.1.2. Market Restraint

3.1.2.1. Lack of common open standards

3.1.3. Market Opportunities

3.1.3.1. Growing focus of governments worldwide on energy conservation

Chapter 4. Global Explosion-proof lighting Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Explosion-proof lighting Market , by Type

5.1. Market Snapshot

5.2. Global Explosion-proof lighting Market by Product Type, Performance - Potential Analysis

5.3. Global Explosion-proof lighting Market Estimates & Forecasts by type 2018-2027 (USD Million)

5.4. Explosion-proof lighting Market , Sub Segment Analysis

5.4.1. High Bay & Low Bay

5.4.2. Linear

5.4.3. Flood

Chapter 6. Global Explosion-proof lighting Market , by light source

6.1. Market Snapshot

6.2. Global Explosion-proof lighting Market by light source, Performance - Potential Analysis

6.3. Global Explosion-proof lighting Market Estimates & Forecasts by light source 2018-2027 (USD Million)

6.4. Explosion-proof lighting Market , Sub Segment Analysis

6.4.1. LED

6.4.2. Fluorescent

6.4.3. Others

Chapter 7. Global Explosion-proof lighting Market , by End Use Industry

a. Market Snapshot

7.1. Global Explosion-proof lighting Market by End use industry, Performance - Potential Analysis

7.2. Global Explosion-proof lighting Market Estimates & Forecasts by End use industry 2018-2027 (USD Million)

7.3. Explosion-proof lighting Market , Sub Segment Analysis

7.3.1. Oil & Gas

7.3.2. Chemical & Pharmaceutical

7.3.3. Food & Beverage

7.3.4. Mining

7.3.5. Energy & Power

7.3.6. Others

Chapter 8. Global Explosion-proof lighting Market , by Hazardous Location

b. Market Snapshot

8.1. Global Explosion-proof lighting Market by Hazardous Location , Performance - Potential Analysis

8.2. Global Explosion-proof lighting Market Estimates & Forecasts by Hazardous Location 2018-2027 (USD Million)

8.3. Explosion-proof lighting Market , Sub Segment Analysis

8.3.1. Zone 1

8.3.2. Zone 2

8.3.3. Others

Chapter 9. Global Explosion-proof lighting Market , Regional Analysis

9.1. Explosion-proof lighting Market , Regional Market Snapshot

9.2. North America Explosion-proof lighting Market

9.2.1. U.S. Explosion-proof lighting Market

9.2.1.1. Type breakdown estimates & forecasts, 2018-2027

9.2.1.2. Light Source breakdown estimates & forecasts, 2018-2027

9.2.1.3. End use Industry breakdown estimates & forecasts, 2018-2027

9.2.1.4. Hazardous Location breakdown estimates & forecasts, 2018-2027

9.2.2. Canada Explosion-proof lighting Market

9.3. Europe Explosion-proof lighting Market Snapshot

9.3.1. U.K. Explosion-proof lighting Market

9.3.2. Germany Explosion-proof lighting Market

9.3.3. France Explosion-proof lighting Market

9.3.4. Spain Explosion-proof lighting Market

9.3.5. Italy Explosion-proof lighting Market

9.3.6. Rest of Europe Explosion-proof lighting Market

9.4. Asia-Pacific Explosion-proof lighting Market Snapshot

9.4.1. China Explosion-proof lighting Market

9.4.2. India Explosion-proof lighting Market

9.4.3. Japan Explosion-proof lighting Market

9.4.4. Australia Explosion-proof lighting Market

9.4.5. South Korea Explosion-proof lighting Market

9.4.6. Rest of Asia Pacific Explosion-proof lighting Market

9.5. Latin America Explosion-proof lighting Market Snapshot

9.5.1. Brazil Explosion-proof lighting Market

9.5.2. Mexico Explosion-proof lighting Market

9.6. Rest of The World Explosion-proof lighting Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. Phoenix Products Company Inc.

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. Hubbell Ltd.

10.2.3. Larson Electronics

10.2.4. Nordland Lighting

10.2.5. Zhejiang Tormin Electrical Co. Ltd.

10.2.6. R. STAHL, Inc.

10.2.7. Petro Middle East

10.2.8. Eaton

10.2.9. Brite Strike Technologies SA

10.2.10. Emerson Electric Co.

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 2. Global Explosion-proof lighting Market , report scope

TABLE 3. Global Explosion-proof lighting Market estimates & forecasts by region 2018-2027 (USD Million)

TABLE 4. Global Explosion-proof lighting Market estimates & forecasts by Type 2018-2027 (USD Million)

TABLE 5. Global Explosion-proof lighting Market estimates & forecasts by Light Source 2018-2027 (USD Million)

TABLE 6. Global Explosion-proof lighting Market estimates & forecasts by End use industry 2018-2027 (USD Million)

TABLE 7. Global Explosion-proof lighting Market estimates & forecasts by Hazardous Location 2018-2027 (USD Million)

TABLE 8. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 9. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 10. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 11. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 12. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 13. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 14. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 15. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 16. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 17. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 18. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 19. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 20. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 21. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 22. Global Explosion-proof lighting Market by segment, estimates & forecasts, 2018-2027 (USD Million)

TABLE 23. Global Explosion-proof lighting Market by region, estimates & forecasts, 2018-2027 (USD Million)

TABLE 24. U.S. Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 25. U.S. Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 26. U.S. Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 27. Canada Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 28. Canada Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 29. Canada Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 30. UK Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 31. UK Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 32. UK Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 33. Germany Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 34. Germany Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 35. Germany Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 36. France Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 37. France Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 38. France Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 39. Spain Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 40. Spain Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 41. Spain Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 42. Italy Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 43. Italy Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 44. Italy Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 45. ROE Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 46. ROE Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 47. ROE Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 48. China Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 49. China Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 50. China Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 51. India Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 52. India Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 53. India Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 54. Japan Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 55. Japan Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 56. Japan Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 57. Australia Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 58. Australia Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 59. Australia Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 60. South Korea Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 61. South Korea Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 62. South Korea Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 63. ROPAC Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 64. ROPAC Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 65. ROPAC Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 66. Brazil Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 67. Brazil Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 68. Brazil Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 69. Mexico Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 70. Mexico Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 71. Mexico Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 72. ROLA Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 73. ROLA Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 74. ROLA Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 75. ROW Explosion-proof lighting Market estimates & forecasts, 2018-2027 (USD Million)

TABLE 76. ROW Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 77. ROW Explosion-proof lighting Market estimates & forecasts by segment 2018-2027 (USD Million)

TABLE 78. List of secondary sources used in the study of global Explosion-proof lighting Market .

TABLE 79. List of primary sources used in the study of global Explosion-proof lighting Market .

TABLE 80. Years considered for the study.

TABLE 81. Exchange rates considered.

 
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