Explosion Proof Mobile Communication Devices Market Research Report Segmented by Applications, Geography, Trends and Projection 2026-Amcor Limited, Zenith Alluminio Srl, Constantia Flexibles

Explosion Proof Mobile Communication Devices Market by Component, Application, Services, and Region- Forecast to 2026

The Global Explosion Proof Mobile Communication Devices Market Research Report 2021-2026 published by MarketInsightsReports is a significant source of keen information for business specialists. It furnishes the Explosion Proof Mobile Communication Devices business outline with development investigation and historical and futuristic cost analysis, income, demand, and supply information (upcoming identifiers). The research analysts give a detailed depiction of the Explosion Proof Mobile Communication Devices worth chain and its wholesaler examination. Explosion Proof Mobile Communication Devices Market study gives extensive information which upgrades the agreement, degree, and use of this report.

The explosion proof mobile communication devices market was valued at USD 458.86 million in 2020 and expected to reach USD 715.35 million by 2026 and grow at a CAGR of 8.05% over the forecast period (2021 - 2026).

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Top Leading Companies of Explosion Proof Mobile Communication Devices Market are Amcor Limited, Zenith Alluminio Srl, Constantia Flexibles, Nicholl Food Packaging Ltd(Bawtry Carbon International Limited), Hindalco Industries Limited(Aditya Birla Group), Plus Pack SAS, China Hongqiao Group Limited, United Company RUSAL PLC, Eurofoil Luxembourg S.A., Hulamin Limited and others.

Industry News And Updates on Explosion Proof Mobile Communication Devices Market-

North America to Hold the Largest Share

- The continuous efforts in this region to explore new mineral sites are driving demand for explosion-proof communication devices. The United States is one of the largest oil-producing nations in the world. According to EIA, renewable and natural gas are the two largest sources of energy in the United States, contributing to 70% of energy consumption as of 2018. The country currently generates about 11 million barrels of crude oil a day, about half of which is shale production.

- The region is also the highest payer for the military and defense expenditure. The United States has spent over USD 700 billion which represents 3.4% of the countries GDP. In 2018 the figure grew by 2.4% from the previous year. The adoption of explosion-proof mobile communication devices in the defense sector is growing and with the increase in the military spendings, the regions have the potential for the market growth.

- Moreover, with the incidences of industrial explosions increasing in recent times, US safety organizations are trying to implement the regulations strictly, contributing to the increased sales of explosion proof communication devices.

Key Market Trends Explosion Proof Mobile Communication Devices Market-

Oil and Gas Industry Segment to Show Significant Growth

- World energy needs grew by around 2.8% in 2018, and increased particularly in developing nations, such as India and China, and the IEA (International Energy Agency), reported that the demand for oil and gas projected to increase by 50% and 20% respectively by the year 2040.

- The communication devices have a crucial role in the industry in terms of enhancing production with real-time data transfer and communication. The increasing adoption of IoT devices in the industry offers a reduction in cost and time of operation. It also improves the safe environment for the offshore workforce.

- In April 2010, the largest accidental marine oil spill in the history of the petroleum industry, commonly referred to as the Deepwater Horizon oil spill, occurred in the Gulf of Mexico on the British Petroleum-operated Macondo Prospect. The US Government estimated the total spillage of US 210 million gallons. With this accident, 11 people went mission.

Competitive Landscape On Explosion Proof Mobile Communication Devices Market-

January 2019 - Samsung and Pepperl+Fuchs ecom, a brand and pioneer in hazardous area mobile devices collaborated to launch the tablet Tab-Ex 02 DZ1 for hazardous industries which are certified to Zone 1/ Division 1. The tablet model is based on the Samsung Galaxy Tab Active2. The company claims to be a powerful digital solution for mobile workers in industries ranging from oil & gas to refining to chemicals & pharmaceuticals.

- November 2018 - Kyocera International Inc., rugged mobile solutions provider, launched the rugged DuraForce PRO 2, a 4G LTE Android smartphone. It is designed for business and enterprise use, especially construction, public safety, and transportation as well as adventure-seeking consumers. It claims to be dependable and durable in harsh environments on the job or in everyday life.

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