Press release
Hazardous Area Equipment Market Expected to reach $14.1 billion in 2028
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=197346515
Hazardous area equipment are used in a wide range of industry applications, including oil & gas, chemical & pharmaceutical, food & beverage, energy & power, mining, pulp & paper, water & wastewater treatment, transportation, etc.
The market is segmented into 6 types of hazardous area equipment products cable glands & accessories, measurement devices, control products, alarm systems, motors, and lighting products. Further, the alarm products are segmented as strobe beacons, bells & horns, call points, speaker & tone generators, and visual & audible combination units. During the forecasted period, cable glands and accessories are expected to contribute more to the market. ABB Ltd. (Switzerland), Siemens AG (Germany), Eaton Corporation (Ireland), Rockwell Automation (US), Honeywell International Inc. (US), Emerson Electric Co. (US), Patlite Corporation (Japan), R. STAHL AG (Germany) are some of the major providers of hazardous area equipment.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=197346515
Hazardous area equipment market of oil & gas industry is expected to have high compound annual growth rate. Control products are expected to grow with the highest growth rate in the hazardous area equipment market. North America is expected to contribute highest in the hazardous area equipment market. Increasing investments in the oil & gas sector, with several projects lined up in North America, are expected to drive the hazardous area equipment market.
News also covered: https://www.prnewswire.com/news-releases/hazardous-area-equipment-market-worth-14-1-billion-by-2028---exclusive-report-by-marketsandmarkets-301702680.html
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Hazardous Area Equipment Market Expected to reach $14.1 billion in 2028 here
News-ID: 2850002 • Views: …
More Releases from MarketsandMarkets
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Hazardous
Hazardous Goods Logistics Market Demand Analysis and Projected huge Growth by 20 …
The latest study released on the Global Hazardous Goods Logistics Market by HTF MI evaluates market size, trend, and forecast to 2030. The Hazardous Goods Logistics market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key…
Hazardous Location Connector Market Ensuring Connectivity in Hazardous Environme …
The global report titled "Hazardous Location Connector Market" is recently added by Infinity Business Insights Market to its vast database. The report offers a fundamental overview of the global Hazardous Location Connector market by examining the current market scenario. It also offers an outline of the competitive scenario in the Hazardous Location Connector sector. The analytical report applies primary and secondary research methodologies. Additionally, the report also offers significant business…
Hazardous Goods Logistics Market : Flammable, Explosive, Radioactive, Bio-hazard …
The hazardous goods logistics market was valued at $200 billion in 2021, and is estimated to reach $382.9 billion by 2031, growing at a CAGR of 7% from 2022 to 2031.
In 2021, Asia-Pacific region is dominating the market in terms of revenue, followed by North America, Europe, and LAMEA. U.S. and China dominated the hazardous goods logistics market during the forecast period. Increased adoption of outsourced logistics services in the…
Labeling hazardous goods
When it comes to hazardous substances, the Globally Harmonized System (GHS) provides guidelines on, for example, label sizes. Warning symbols are black pictograms on a white background, framed by a red rhombus.
FDA, EEC, CLP, ADR, RID, DGR, RoHS, GbV ‒ such abbreviations sound like from a famous track by the German hip-hop band Die Fantastischen Vier, dated 1999. In fact, they indicate instructions in force, directed in particular to…
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in …
The global hazardous area sensors market is characterized by the presence of a few large and experienced players such as Honeywell International Inc., ABB Group, and Siemens AG, which presents a huge barrier to new entrants. These established players already have a stronghold on the global market, with stiff competition between them. Transparency Market Research identifies security threats as the major challenge for all existing players and finds that companies…
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in …
Hazardous Area Sensors Market: Snapshot
The deployment of electrical equipment in potentially hazardous or explosive areas has been a major concern since the beginning of the 20th century. Supported by the need to achieve accuracy and safety in volatile zones and the implementation of government regulations globally, the market for hazardous area sensors has received a significant boost over the years. Fueled by the growing importance of intrinsic safety in many…
