Press release
Hazardous Area Equipment Market Size to Exceed USD 8.7 Billion at CAGR of 6.5% by 2026
Hazardous Area Equipment Market
Global industrialization has grown at an exponential rate, necessitating the development of new industrial safety regulations. The demand for hazardous area equipment has expanded globally because to the rising use of explosive components, flammable materials, and hazardous chemicals in businesses.
The market potential for hazardous area equipment will also be further advanced by government regulations aimed at ensuring occupational safety in dangerous settings. In the upcoming years, adoption of hazardous area systems is anticipated to be somewhat limited by the high cost of installation.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7308
In order to expand the scope of their business, manufacturers of hazardous area equipment are concentrating on partnerships and collaboration agreements.
Leading brand in the market for hazardous area equipment, Honeywell, announced in December 2020 that it would buy Australian SaaS technology company Sine Group. Better safety will result from this transaction, which will strengthen Honeywell's connected building capabilities.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ
In 2022, the market for hazardous area equipment is expected to have a net worth of US$ 6.5 billion.
The market for hazardous area systems is expected to reach US$ 8.7 billion by the end of 2026.
Hazardous area equipment demand is expected to rise at a compound annual growth rate (CAGR) of 6.5% between 2022 and 2026.
Sales of hazardous area devices are anticipated to be significantly influenced by the growing emphasis on workplace safety and the stringent regulations enacted by the government to guarantee it during the projected period (2022-2026).
The high cost of hazardous area equipment will impede the expansion of the global market.
By 2022, the hazardous area equipment market in the United States is expected to be worth US$1.7 billion.
By 2026, the hazardous area equipment market in China is expected to have grown at a strong compound annual growth rate of 7.4% and reach a net worth of US$ 799 million.
๐๐ข๐ง๐ง๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ
To increase their market share and increase sales, makers of hazardous area equipment are concentrating on partnerships, collaborations, acquisitions, and mergers. Vendors of hazardous area equipment should benefit from government regulations aimed at ensuring workplace safety, as these regulations will enable them to generate the most income possible.
Suppliers of hazardous area systems will also use both organic and inorganic growth techniques to get a competitive advantage and expand their global market presence.
๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐ฉ๐๐๐ข๐๐ข๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.factmr.com/connectus/sample?flag=RC&rep_id=7308
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐๐๐ณ๐๐ซ๐๐จ๐ฎ๐ฌ ๐๐ซ๐๐ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก
By Product:
Cable Glands & Accessories
Process Instruments
Industrial Controls
Motors
Strobe Beacons
Other Products
By Connectivity:
Wireless Hazardous Area Equipment
Wired Hazardous Area Equipment
By End Use:
Oil & Gas
Chemicals & Pharma
Energy & Power
Mining
Other End Uses
By Region:
North America Latin America Hazardous Area Equipment Market
Europe
East Asia
South Asia & Oceania
MEA
๐๐จ๐ง๐ญ๐๐๐ญ:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client's satisfaction.
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 Size to Exceed USD 8.7 Billion at CAGR of 6.5% by 2026 here
News-ID: 3472640 • Views: โฆ
More Releases from Fact.MR
Silicon Anode Slurries Market Forecast 2026-2036: Market Size, Share, Competitiv โฆ
The global silicon anode slurries market is set for significant expansion between 2026 and 2036, fueled by the rising adoption of high-energy-density lithium-ion batteries across electric vehicles (EVs), consumer electronics, and grid-scale energy storage. As battery manufacturers increasingly transition from graphite to silicon-enhanced anodes, the demand for high-performance, scalable silicon anode slurries is projected to grow sharply.
To access the complete data tables and in-depth insights, request a Discount On Theโฆ
Silicon Anode Slurries Market Forecast 2026-2036: Market Size, Share, Competitiv โฆ
The global silicon anode slurries market is set for significant expansion between 2026 and 2036, fueled by the rising adoption of high-energy-density lithium-ion batteries across electric vehicles (EVs), consumer electronics, and grid-scale energy storage. As battery manufacturers increasingly transition from graphite to silicon-enhanced anodes, the demand for high-performance, scalable silicon anode slurries is projected to grow sharply.
To access the complete data tables and in-depth insights, request a Discount On Theโฆ
Low-Siloxane Cleanroom Wall Coatings Market Deep-Dive 2026-2036: Strategic Forec โฆ
The low-siloxane cleanroom wall coatings market is poised for steady growth over the next decade, driven by rising contamination-control requirements across semiconductor, pharmaceutical, biotechnology, and precision manufacturing industries. These coatings are specifically engineered to minimize siloxane outgassing and volatile organic compound emissions, helping maintain ultra-clean environments where even trace contamination can disrupt production quality.
By 2036, the market for low-siloxane cleanroom wall coatings is expected to grow to USD 91.04 million.โฆ
Low-Siloxane Cleanroom Wall Coatings Market Deep-Dive 2026-2036: Strategic Forec โฆ
The low-siloxane cleanroom wall coatings market is poised for steady growth over the next decade, driven by rising contamination-control requirements across semiconductor, pharmaceutical, biotechnology, and precision manufacturing industries. These coatings are specifically engineered to minimize siloxane outgassing and volatile organic compound emissions, helping maintain ultra-clean environments where even trace contamination can disrupt production quality.
By 2036, the market for low-siloxane cleanroom wall coatings is expected to grow to USD 91.04 million.โฆ
More Releases for Hazardous
Hazardous Goods Logistics Market Demand Analysis and Projected huge Growth by 20 โฆ
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.
Keyโฆ
Hazardous Location Connector Market Ensuring Connectivity in Hazardous Environme โฆ
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 businessโฆ
Hazardous Goods Logistics Market : Flammable, Explosive, Radioactive, Bio-hazard โฆ
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 theโฆ
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 โ 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 toโฆ
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in โฆ
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 companiesโฆ
Hazardous Area Sensors Market - Surging Application of Hazardous Area Sensors in โฆ
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 manyโฆ
