Hazardous Area Equipment Market Is Accelerating With Healthy CAGR And Projecting Players Like Honeywell, ABB, Rockwell Automation, Eaton Corporation PLC, Emerson Electric and Many More

Global Hazardous Area Equipment Market is expected to reach USD 36,568.28 Million by 2025 and is projected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

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Segmentation:
By Product (Cable Glands and Accessories, Lighting, Barrier Products, Industrial Controls, Display Products, Enclosures, Motors, Strobe Beacons, Sensor), By Connectivity (Wireless, Wired), By Industry (Oil & Gas, Chemical, Marine & Shipbuilding, Power & Energy, Metals & Mining, Pharmaceutical, Food & Beverage, Rubber & Plastics, Water & Waste Treatment, Military & Aerospace), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Drivers:

The major factors driving the growth of this market are increasing industrial safety measures and technological advancements in led lighting solution.

INCREASING INDUSTRIAL SAFETY MEASURES

The major factor driving the growth of hazardous area equipment is growing focus on industry safety measures. With the increasing demand of safety measures in various industries such as manufacturing, electrical, construction, mining, chemical, pharmaceutical, power & energy rubber & plastics, water and other industries, the need of hazard area equipment’s is growing exponentially. Common workplace hazards like frayed electrical cords, exposed moving machinery parts, loud noises and vibrations, working from ladders, water spillage or other hazards can cause serious health and safety issues for employees at workplace.

The Occupational Health & Safety Administration (OSHA) was created in 1970 to ensure safe & healthful working conditions for employees at workplace. Over the past 40 years, OSHA regulations have contributed drastically to decreases the workplace fatalities, serious injuries, and illnesses. According to an article by Organization of Health safety Association (OSHA), in 2016 some stringent regulations on workers in mining and oil and gas industries prior exposure to silica were implemented. The regulation expected to affect an estimated 2.3 million workers with about 2 million employed in the construction field. With this regulatory implementation the economic costs of compliance will affect industries as the organizations will ensure safety of the workers first. Industries especially oil and gas, construction, mining and chemical need to implement hazardous area equipment’s.

The chemical industry deals with the most stringent safety regulations. The combination of powerful and flammable chemicals is processed under high pressure which leads to hazardous and might lead to deadly incidents. In comparison to chemical oil and gas industry is considered as one of the utmost hazardous and notorious sectors across the globe. This industry sector generates large number of employment opportunities still there is huge number of deaths happening across the globe. According to a report published by API in 2017, there are about 27.6% of fatalities in oil and gas industry. This occurred due to lack of safety measures and lack of hazardous area equipment’s.

According to the Health and Safety Executive (HSE), when an atmosphere or environment is filled with flammable gases, mists, dusts, liquids or vapors, it will be classified as hazardous area with can cause fire or explosion as a consequence. A simple spark produced by switching on a light switch would be devastating and destructible in industries. This is accompanied by huge loss of property and lives. The root cause behind the loss is the presence of flammable gaseous particles/vapor present in the atmosphere in the working environment. Hence, it is crucial to identify the major sources of ignition and use proper measures to control the accidents such as flames, hot surfaces, mechanical machinery or sparks from any electrical equipment.

This also means devices like phones, smartphones and other electrical equipment are also prohibited from entering explosive hazardous areas. Proper deployment and implementation of area equipment products in hazardous areas are beneficial and requires a functional safety assessment. Hazardous areas include locations where there is the risk of exposure to flammable or even explosive substances. In such circumstances, the ongoing operations prove challenging in working environments.

Thus, it is necessary that the component parts area equipment’s are suitably implemented to be functional against these uncompromising environments. Also, the products should obtain an ATEX rating which means that devices are allowed to be used in a hazardous area. ATEX is a European directive that provides guidelines for the type of devices or equipment is allowed in an environment with an explosive EX image atmosphere. ATEX is derived from the French word; Atmospheres Explosives and has been strictly followed by EU organizations since 2003 to protect employees from explosion risk areas. Manufacture or suppliers have to undergo extensive health and safety requirements in order to certify a product as ATEX rated and once certified it will be marked by the ‘EX’ symbol.

Hazardous area equipment’s are products in which safe operation must be ensured to avoid the risk of equipment damage or personal injury. Linear-position sensors are widely used in all manners of industrial systems. In many cases the occurrence of hazardous events need to be taken into an account. Any ignorance could be serious with expensive equipment being severely damaged and lives being at risk. Proper safety measurements with the help of hazard area equipment’s are necessary to control accidents and prevent loss. Companies such as Proeon Systems Ltd. (U.K.), R STAHL AG (Germany) are engaged in manufacturing hazardous area equipment’s worldwide. Thus, the rising need for safety equipment is anticipated to drive hazardous area equipment over the forecast period.

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TECHNOLOGICAL ADVANCEMENTS IN LED LIGHTING SOLUTION
Technology continues to develop and improve in semiconductor and electronics industry. The innovative advancements made in this field are implementing in a wide variety of electrical components. One such component is LED Lighting. In a harsh or hazardous environment, operating conditions are a constant challenge. Lighting plays a vital role in the safe, efficient, and productive operation of any industrial facility. The factor for the rise of LED lighting in hazardous environments is economic as well as technological advanced. In recent years, the LED lightings have become cost effective because of rapid technological advancement. With the same time these high-performance LED’s have been constantly enhanced and upgraded which offers excellent light yield. Moreover, several LED characteristics are well suited to harsh industrial and hazardous environments.

As per OSHA regulations for hazardous environment lighting is very specific with respect to the features and characteristics to be used in these environments. In industrial hazardous environment huge amount of time is spent on changing the traditional bulbs as compared to the LED Lights. For a traditional bulb if operated for 12 hours a day, the bulb will need to be replaced on an average of every 2.5 years. LED lighting is rated to maintain light output for 13.7 years when operated 12 hours a day at an ambient temperature of 131°F and can go up to 45.7 years at an ambient temperature of 77°F. Comparing LED with other fluorescent lamps, LED’s have greater life expectancy.

LED luminaires when properly designed and selected can reduce required maintenance by more than 67%. For instance, a HPS luminaire will require re-lamping at least every 20,000 - 24,000 hours while an LED luminaire will last 60,000 plus hours. Thus, creating a minimum of 2 less maintenance visits and reducing the risk of an accident by that factor.

LEDs are practically insusceptible to vibration. Moreover, in hard-to-access locations they enable compact lighting solutions including intelligent systems that automatically adjust to changing ambient light sources. LEDs have greater life span than incandescent or fluorescent lamps. The usage of energy efficient and cost effective LED luminaires actually increases at low temperatures. LED lighting is highly directional, uniform and has superior color rendering compared to conventional light sources. This results in improved and safer workplace illumination, increased operator comfort and lighting quality especially for precision tasks in heavy industrial environments. This makes LED lighting ideal for applications in very cold environments such as. oil and gas industry facilities in Polar Regions. LED lighting has advantages in notorious hazardous conditions. One of the most important aspects of LED lighting system is its initial design. The design part is crucial because in hazardous areas the old and new LED equipment’s are too complicated to install. Companies like E2S Warning Signals (U.K.), ABB Ltd. (Switzerland) and others are the major manufacturers of LED Lighting technology.

LED lights are digital controls with low-voltage semiconductor device which makes them well suited to connect with microchip microcontrollers unlike older light sources. Both high voltage and analog LED devices are more easily combined with the sensors and microprocessors that are required to create a smart light system. With the help of IoT, the ability for remote monitoring of LED lights can be achieved where data is gathered to monitor the status of the lighting system. Thus, IoT provides the benefit of early warnings for timely scheduling of maintenance and replacement of lighting fixtures.

Major Players:

Some of the major players operating in this market are Honeywell International, Inc., ABB Ltd, Rockwell Automation, Inc, Eaton Corporation PLC, Emerson Electric &Co., Patlite Corporation, Potter Signal Co, Qunitex GmbH, Pepperl+Fuchs, Inc., Stahl Ag, Cortem Group, Marechal Electric among others.

Table Of Content

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Hazardous Area Equipment Market
1.4 Currency And Pricing
1.5 Limitation
1.6 Markets Covered

2 Market Segmentation
2.1 Markets Covered
2.2 Geographic Scope
2.3 Years Considered For The Study
2.4 Currency And Pricing
2.5 Research Methodology
2.6 Primary Interviews With Key Opinion Leaders
2.7 Secondary Sources
2.8 Assumptions

3 Market Overview
3.1 Drivers
3.1.1 Increasing Industrial Safety Measures
3.1.2 Technological Advancements In Led Lighting Solution
3.2 Restraints
3.2.1 Time-Consuming And Expensive Inspection And Maintenance
3.3 Opportunities:-
3.3.1 Increasing Demand For Low-Cost And High Light Output Per Watt Lighting Solutions
3.4 Challenges
3.4.1 Change In Regulatory Complainces

4 Executive Summary

5 Premium Insights

Continue…

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