Press release
Global Hazardous Area Equipment Market 2018 Top Dominating Vendors are Siemens, Honeywell, ABB, Rockwell Automation, Eaton, Emerson, R. STAHL Inc., PATLITE Corporation, E2S Warning Signals, NHP Electrical Engineering Products Pty Ltd
Global Hazardous Area Equipment Market ? Industry Trends and Forecast to 2024
The Global Hazardous Area Equipment Market accounted for USD 7.64 billion in 2016 growing at a CAGR of 6.76% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Global Hazardous Area Equipment Market By Geography; Product Type (Cable Glands & Accessories, Process Instruments, Industrial Controls, Motors, Strobe Beacons, Lighting Products, Sensors, Bells & Horns, Fire Alarms/Call Points, Speakers & Tone Generators, Visual & Audible Combination Units); Connectivity Service (Wired Connectivity Service, Wireless Connectivity Service); Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Energy & Power, Mining) – Industry Trends and Forecast to 2024
Major Market Competitors:
Some of the major players of the global hazardous area equipment market are :-
Siemens Ag
Honeywell International, Inc.,
ABB Ltd,
Rockwell Automation, Inc.,
Eaton Corporation PLC,
Emerson Electric & Co.,
Stahl Ag, Patlite Corporation,
E2S Warning Signals,
NHP Electrical Engineering Products Pty. Ltd.,
Werma Signaltek,
Federal Signal Corporation,
Potter Signal Co.,
Qunitex GmbH,
Tomar Electronics,
Pepperl+Fuchs, Inc.,
Extronics Ltd.,
Pelco,
Hawke International,
Cortem Group,
Mhe Demag (S) Pte Ltd.,
Marechal Electric,
Jb Systems,
Petrel Ltd.,
Industratech
Competitive Analysis:
The report for global hazardous area equipment market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Major Market Drivers and Restraints:
Technological advancements in lighting solutions
Increasing industrial safety measures
Acts as a source of ignition in hazardous areas
Time-consuming and expensive inspection and maintenance
Market Segmentation:
On the basis of product type:- cable glands & accessories, process instruments, industrial controls, motors, strobe beacons, lighting products, sensors, bells & horns, fire alarms/call points, speakers & tone generators, visual & audible combination units.
On the basis of connectivity service:- wired connectivity service, and wireless connectivity service.
On the basis of application:- Oil & gas, chemical & pharmaceutical, food & beverage, energy & power, mining, and others.
On the basis of geography:- North America, South America, Europe, Asia-Pacific, and Middle East & Africa.
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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