Press release
Hazardous Area Equipment Market 2018 Global Leaders: Emerson Electric, Honeywell International, PATLITE, Eaton, E2S Warning Signals, ABB, Siemens AG
Hazardous Area Equipment Global Market - Overview
The global hazardous area equipment market is growing with the rapid pace is mainly due to rise in increasing adoption of safety measures in manufacturing industries, are propelling the hazardous area equipment market growth to the large extent. According to a recent study report published by the Market Research Future, The global market of hazardous area equipment is expected to gain prominence over the forecast period. The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017-2023.
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Key Players
The prominent players in the Hazardous Area Equipment system Market are –Siemens AG (Germany), NHP Electric Engineering Products (Australia), Honeywell International Inc. (US), PATLITE Corporation (US), Eaton Corporation Plc (US), Rockwell Automation (US), E2S Warning Signals (US), ABB Ltd. (Switzerland), R.STAHL AG (Germany) and Emerson Electric Co. (US) among others.
Hazardous Area Equipment Global Market - Segmentation
The Hazardous Area Equipment Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
• Segmentation by Product: Lighting Products, Sensors, Fire Alarms/Call Points, Cable Glands & Accessories, Process Instruments, Industrial Controls, Motors, Strobe Beacons, Visual & Audible Combination Units and others.
• Segmentation by Connectivity Service: Wired, Wireless.
• Segmentation by End-User: Automotive & aerospace, Pulp & Paper, Steel & Metal, Oil & Gas, Chemical & Pharmaceutical, Food & Beverages, Energy & Power, Mining among others
• Segmentation by Regions: Geographical regions - North America, Europe, Asia Pacific and Rest of the World.
Hazardous Area Equipment Global Market - Regional Analysis
North America is dominating the global hazardous area equipment market with the largest market share due to rapid development in the manufacturing sector is gaining demand in hazardous area equipment market in these region, and is expected to gain growth by 2023. Global hazardous area equipment market in European market is expected to grow at a substantial high CAGR during 2016 to 2023 due to various kind of equipment which are used in hazardous areas that can cause threat or explosion. The Asia Pacific market for hazardous area equipment market is expected to grow at a considerable CAGR (2016-2023).
Hazardous Area Equipment Global Market - Competitive Analysis
The market of hazardous area equipment appears to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
Industry News:
March 14, 2018 – Larson Electronics LLC has released a powerful explosion proof strobe light. This company is global provider of industrial lighting. With this light, the company is providing solution of notifying and warning in hazardous locations.
March 19, 2018 – Weststar Associates Limited, an Authorized General Distributor of Mercedes-Benz in the Federal Republic of Nigeria, has launched Atego 1725 fire fighting truck which deals with fire fighting operations along with proven technology to fight with large flammable liquid and gas fires.
09 FEBRUARY 2018 – JT Limited has launched their new CompEx module. This product offers standards and safety requirements of working in Hazardous areas to employees.
23 May 2017- Intertek has launched nanotechnology-based antistatic surface coating that can be helpful in providing protection against damage from UV radiation, field-based control and instrumentation equipment in the oil and gas industries especially in hazardous area.
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Intended Audience
• Raw material providers
• Original equipment manufacturers
• Semiconductor component suppliers
• Hazardous area equipment distributors
• Software solution providers
• Connectivity Service providers for hazardous equipment
• Research institutes and organizations
• Technology standards organizations
• Technology investors
• Research institutes,
• System Integrators
• Research/Consultancy firms
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
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