According to a market report by Lucintel, the future of the global hazardous location thermostat market looks promising with opportunities in the oil & gas, chemical & pharmaceutical, mining, and energy & power markets. The global hazardous location thermostat market is expected to reach an estimated $1.3 billion by 2030 with a CAGR of 5.8% from 2024 to 2030.
The major drivers for this market are growing concern towards workplace safety, rising demand for iot based thermostats, and expanding demand for this product among various industries, such as pulp and paper mills, petrochemical plants, oil refineries, and grain elevators.
A more than 150 – page report is developed to understand trends, opportunity and forecast in hazardous location thermostat to 2030 by product type (mechanical thermostats and digital thermostats), end use industry (oil & gas, chemicals & pharmaceuticals, mining, energy & power, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, mechanical and digital are the major segments of hazardous location thermostat market by product type.
Lucintel forecast that digital is expected to witness highest growth over the forecast period due to its growing demand among users given to its various features, such as superior temperature management, digital display, programmable settings, and ability to perform remote monitoring.
Within this market, oil & gas is expected to witness highest growth over the forecast period due to substantial use of hazardous thermostat in this sector to avoid any potential risks caused by volatile substances and flammable gases.
APAC will remain the largest region over the forecast period.

Pentair, Johnson Controls, R. Stahl, Honeywell International, And Emerson Industrial Automation are the major suppliers in the hazardous location thermostat market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]