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Explosion Proof Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global explosion proof equipment market reached a value of US$ 9,464.0 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 13,809.3 Million by 2027 exhibiting a CAGR of 6.20% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different industries. These insights are included in the report as a major market contributor.

Explosion proof equipment prevents unwanted ignition of flammable substances by monitoring the use of robust materials and proactive builds in hazardous locations. It consists of conduit entries and flanged joints, which can operate under extreme external temperature and withstand an explosion of a specified gas or vapor. It is made using copper-aluminum alloys, silver, aluminum, and stainless and galvanized steel that are durable, non-sparking, and resistant to corrosion, solvents, humidity, moisture, and abrasive cleaning liquids. Several manufacturers are currently introducing explosion-proof equipment manufactured with non-metallic materials like plastics, wood, leather, and thermoplastic polymers.

 

 
 

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Explosion Proof Equipment Market Trends:

Electrical sparks are one of the common sources of ignition in various machines and tools used inside an industrial facility. This, in confluence with stringent regulations imposed by governing agencies of numerous countries to ensure the safety of workers and the environment, represent one of the significant factors contributing to the market growth. Apart from this, oil and gas service companies rely on explosion proof equipment to prevent hazardous conditions, such as exposure to flammable gases, the release of hydrocarbon, and contact with harmful substances. Moreover, a considerable rise in the demand for energy and rapid surge in installations of offshore oil production sites are fueling the adoption of explosion proof equipment to conduct day-to-day oil and gas extractions safely. Besides this, market players are designing equipment that provides remote solutions while performing tasks, such as iron roughnecks, rig tong controls, crane and hoist operations, cement head pumps, rotary tables, and drill hydraulics and pneumatics. Furthermore, they are launching automated products with spark-resistant devices, signaling systems, media converts, and industrial monitors that can work in harsh conditions. These innovations are anticipated to influence the overall sales positively.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global explosion proof equipment market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on protection method, applicable system and industry vertical.

Breakup by Protection Method:

 

 
 

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  • Explosion Prevention
  • Explosion Containment
  • Explosion Segregation
     

Breakup by Applicable System:

  • Cable Glands
  • Junction Boxes and Enclosures
  • Lifting and Material Handling System
  • Lighting System
  • Automation System
  • Surveillance and Monitoring System
  • Signaling Devices
  • Others
     

Breakup by Industry Vertical:

  • Oil and Gas
  • Pharmaceutical
  • Manufacturing
  • Marine
  • Mining
  • Food Processing
  • Others
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Adalet, Bosch Rexroth AG (Robert Bosch GmbH), Eaton Corporation PLC, Emerson Electric Co., Excalibur Miretti Group LLC, Extronics Ltd, Honeywell International Inc., Johnson Controls, Parker Hannifin Corporation, Pepperl+Fuchs SE, Rockwell Automation Inc. and Siemens AG.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Protection Method, Applicable System, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Adalet, Bosch Rexroth AG (Robert Bosch GmbH), Eaton Corporation PLC, Emerson Electric Co., Excalibur Miretti Group LLC, Extronics Ltd, Honeywell International Inc., Johnson Controls, Parker Hannifin Corporation, Pepperl+Fuchs SE, Rockwell Automation Inc. and Siemens AG.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global explosion proof equipment market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global explosion proof equipment market?
  • What are the key regional markets?
  • What is the breakup of the market based on the protection method?
  • What is the breakup of the market based on the applicable system?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global explosion proof equipment market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Explosion Proof Equipment Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Protection Method
    6.1    Explosion Prevention
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Explosion Containment
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Explosion Segregation
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Applicable System
    7.1    Cable Glands
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Junction Boxes and Enclosures
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Lifting and Material Handling System
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Lighting System
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Automation System
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Surveillance and Monitoring System
        7.6.1 Market Trends
        7.6.2 Market Forecast
    7.7    Signaling Devices
        7.7.1 Market Trends
        7.7.2 Market Forecast
    7.8    Others
        7.8.1 Market Trends
        7.8.2 Market Forecast
8    Market Breakup by Industry Vertical
    8.1    Oil and Gas
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Pharmaceutical
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Manufacturing
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Marine
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Mining
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Food Processing
        8.6.1 Market Trends
        8.6.2 Market Forecast
    8.7    Others 
        8.7.1 Market Trends
        8.7.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Adalet
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Bosch Rexroth AG (Robert Bosch GmbH)
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 SWOT Analysis
        14.3.3    Eaton Corporation PLC
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Emerson Electric Co.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    Excalibur Miretti Group LLC
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Extronics Ltd
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Honeywell International Inc.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
           14.3.7.4 SWOT Analysis
        14.3.8    Johnson Controls
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Parker Hannifin Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Pepperl+Fuchs SE
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Rockwell Automation Inc.
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Siemens AG
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials
           14.3.12.4 SWOT Analysis

List of Figures

Figure 1: Global: Explosion Proof Equipment Market: Major Drivers and Challenges
Figure 2: Global: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Explosion Proof Equipment Market: Breakup by Protection Method (in %), 2021
Figure 5: Global: Explosion Proof Equipment Market: Breakup by Applicable System (in %), 2021
Figure 6: Global: Explosion Proof Equipment Market: Breakup by Industry Vertical (in %), 2021
Figure 7: Global: Explosion Proof Equipment Market: Breakup by Region (in %), 2021
Figure 8: Global: Explosion Proof Equipment (Explosion Prevention) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Explosion Proof Equipment (Explosion Prevention) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Explosion Proof Equipment (Explosion Containment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Explosion Proof Equipment (Explosion Containment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Explosion Proof Equipment (Explosion Segregation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Explosion Proof Equipment (Explosion Segregation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Explosion Proof Equipment (Cable Glands) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Explosion Proof Equipment (Cable Glands) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Explosion Proof Equipment (Junction Boxes and Enclosures) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Explosion Proof Equipment (Junction Boxes and Enclosures) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Explosion Proof Equipment (Lifting and Material Handling System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Explosion Proof Equipment (Lifting and Material Handling System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Explosion Proof Equipment (Lighting System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Explosion Proof Equipment (Lighting System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Explosion Proof Equipment (Automation System) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Explosion Proof Equipment (Automation System) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Explosion Proof Equipment (Surveillance and Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Explosion Proof Equipment (Surveillance and Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Explosion Proof Equipment (Signaling Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Explosion Proof Equipment (Signaling Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Explosion Proof Equipment (Other Applicable Systems) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Explosion Proof Equipment (Other Applicable Systems) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Explosion Proof Equipment (Oil and Gas) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Explosion Proof Equipment (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Explosion Proof Equipment (Pharmaceutical) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Explosion Proof Equipment (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Explosion Proof Equipment (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Explosion Proof Equipment (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Explosion Proof Equipment (Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Explosion Proof Equipment (Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Explosion Proof Equipment (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Explosion Proof Equipment (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Explosion Proof Equipment (Food Processing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Explosion Proof Equipment (Food Processing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Explosion Proof Equipment (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Explosion Proof Equipment (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Explosion Proof Equipment Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Explosion Proof Equipment Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Explosion Proof Equipment Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Explosion Proof Equipment Industry: SWOT Analysis
Figure 94: Global: Explosion Proof Equipment Industry: Value Chain Analysis
Figure 95: Global: Explosion Proof Equipment Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Explosion Proof Equipment Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Explosion Proof Equipment Market Forecast: Breakup by Protection Method (in Million US$), 2022-2027
Table 3: Global: Explosion Proof Equipment Market Forecast: Breakup by Applicable System (in Million US$), 2022-2027
Table 4: Global: Explosion Proof Equipment Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 5: Global: Explosion Proof Equipment Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Explosion Proof Equipment Market: Competitive Structure
Table 7: Global: Explosion Proof Equipment Market: Key Players

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