The global Explosion Proof Equipment Market is forecasted to be worth USD 10.77 Billion by 2027, according to a current analysis by Emergen Research. The Explosion Proof Equipment market is forecasted to grow substantially throughout the forecast period due to the growing government policies in labor protection. The rising willingness to improve protection in industrialized areas is expected to further augment the market growth. Besides, The increasing concern for preventing explosions among several industries is also expected to boost the market growth.
The Global Explosion Proof Equipment Market report, published by emrgen research, is a holistic study of the current and upcoming trends of the Explosion Proof Equipment Market that are expected to influence its growth over the forecast period. The report offers an in-depth analysis of the leading geographical segments of the market
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Key Highlights From The Report :
In October 2020, Rockwell Automation Inc. has announced the acquisition of Oylo, a privately held supplier of industrial cybersecurity systems. In this rapidly developing market, the acquisition of Oylo further increases Rockwell’s global distribution platform and extends the range of cybersecurity services applicable to the industrial market.
Throughout the forecast timeframe, the prevention segment is anticipated to hold the largest market with a CAGR of 5.8%. It is the only appropriate protection method for Zone 0, and it functions in the context of Zone 1 or 2.
For the forecast timeframe, the gas explosion protection expected to be the largest market in the Explosion Proof Equipment Market as dangerous areas such as Zone 0, Zone 1, and Zone 2 can be protected by this.
Over the forecast period, the Zone 0 segment is expected to capture the largest market. An explosive atmosphere consisting of a mixture of air and flammable substances, in the form of gas, vapor, or mist, is continuously or regularly present in this zone for a prolonged period.
The leading players profiled in the report include:
Honeywell International Inc., Rockwell Automation, Inc., ABB Ltd., Eaton Corporation Plc, Siemens AG, R Stahl AG, Hatch Transformers Inc, Pentair plc, Bartec GmbH, and Cortem S.p.A. among others.
Scope of the Global Explosion Proof Equipment Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Explosion Proof Equipment Market industry, which turns out to be beneficial for readers interested in this sector.
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Covid 19 impact :
The global Explosion Proof Equipment Market report by emergen is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Explosion Proof Equipment Market landscape, disrupting its supply chains, and causing volatility in prices and demand for products.
Emergen Research has segmented the global Explosion Proof Equipment Market as :
Explosion Proof Equipment Market Method Outlook (Revenue, USD Billion; 2017-2027)
Prevention
Containment
Segregation
Explosion Proof Equipment Market Protection Type Outlook (Revenue, USD Billion; 2017-2027)
Gas Explosion Protection
Dust Explosion Protection
Explosion Proof Equipment Market Zone Outlook (Revenue, USD Billion; 2017-2027)
Zone 0
Zone 1
Zone 2
Zone 12
Zone 20
Zone 21
Zone 22
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Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Overview of the Explosion Proof Equipment Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis\
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
Table of Contents:
Chapter 1: This section analyzes the global Explosion Proof Equipment Market introduction, product offerings, scope, growth opportunities, market risks, and key driving forces.
Chapter 2: This chapter presents a detailed study of the key manufacturers in the Explosion Proof Equipment Market , with sales and revenue estimations.
Chapter 3: This elaborates on the competitive scenario, with details on the major manufacturers and vendors.
Chapter 4: This section studies the global Explosion Proof Equipment Market based on regions.
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