Global Hazardous Area Equipment Market Overview:

According to Market Analyst, Global Hazardous Area Equipment Market is projected to grow at a healthy growth rate from 2018 to 2022.

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Hazardous Area Equipment market size to maintain the average annual growth rate of 6.27% from 5500 million $ in 2014 to 6600 million $ in 2017, Market analysts believe that in the next few years, Hazardous Area Equipment market size will be further expanded, we expect that by 2022, The market size of the Hazardous Area Equipment will reach 8820 million $.

Hazardous locations have high potential for explosions due to flammable gases, combustible liquid-produced vapors, and dust. Hence, choosing the right electrical and non-electrical devices is necessary to mitigate the chances of accidents. The equipment is designed to meet the requirements of various industry applications, including, oil and gas, chemical & pharmaceutical, food & beverages, transportation, mining, and others. The major factors driving the growth of this market are increasing industrial safety measures and technological advancements in led lighting solution.

Based on Industry Segment, The hazardous area equipment market for the oil & gas industry held the largest market size in 2016 and is expected to grow at the highest CAGR between 2017 and 2022. Fueled by the growing application of these hazardous area equipment such as motors, industrial controls, strobe beacons, lighting products, and so on in the exploration and extraction of shale gas and oil, this industry is likely to retain its leading position till 2022.

On the Basis of Regional Analysis, The RoW (Middle East, Africa, and Latin America) region held the largest share of the hazardous area equipment market in 2016, followed by North America and Europe.

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The Market is segmented and projected on the basis of major key player’s:

1 Siemens Ag

2 Honeywell International, Inc.

3 Abb Ltd.

4 Rockwell Automation, Inc.

5 Eaton Corporation Plc (Cooper Industries)

6 Emerson Electric Co.

7 Patlite Corporation

8 R. Stahl Ag

9 E2S Warning Signals

10 Nhp Electrical Engineering Products Pty Ltd.

The Market is segmented and projected on the basis of major Region Segmentation

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 What will the market size be in 2022?

2 What is driving this market??

3 What are the challenges to market growth?

4 Who are the key players in Hazardous Area Equipment Market?

5 What are the market opportunities and threats faced by the key players?

TABLE OF CONTENTS

1 Hazardous Area Equipment Product Definition

2 Global Hazardous Area Equipment Market Manufacturer Share and Market Overview

3 Manufacturer Hazardous Area Equipment Business Introduction

4 Global Hazardous Area Equipment Market Segmentation (Region Level)

5 Global Hazardous Area Equipment Market Segmentation (Product Type Level)

6 Global Hazardous Area Equipment Market Segmentation (Industry Level)

7 Global Hazardous Area Equipment Market Segmentation (Channel Level)

8 Hazardous Area Equipment Market Forecast 2018-2022

9 Hazardous Area Equipment Segmentation Product Type

10 Hazardous Area Equipment Segmentation Industry

11 Hazardous Area Equipment Cost of Production Analysis

12 Conclusion

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