Global Explosion-proof Lighting Market to reach USD 475 million by 2027.

Global Explosion-proof Lighting Market by Type (High Bay & Low Bay, Linear, Flood), Light Source (LED, Fluorescent and other), End-user Industry (Oil & Gas, Chemical & Pharmaceutical, Food & Beverage, Mining, Energy & Power, Others) and Hazardous location (Zone 1, Zone 2, Others), Regional Forecasts 2021-2027
Product Code:  ENGE_12873987
Chapter 1.Executive Summary 
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
1.2.1.  Explosion-proof lighting Market , by Region, 2019-2027 (USD Million)
1.2.2.  Explosion-proof lighting Market, by Type, 2019-2027 (USD Million)
1.2.3. Explosion-proof lighting Market, by light Source, 2019-2027 (USD Million)
1.2.4. Explosion-proof lighting Market , by  End Use industry, 2019-2027 (USD Million)
1.2.5. Explosion-proof lighting Market , by  Hazardous Location, 2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global  Explosion-proof lighting Market  Definition and Scope 
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global  Explosion-proof lighting Market  Dynamics 
3.1.  Explosion-proof lighting Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing adoption of explosion-proof LED light
3.1.1.2. Government regulations regarding employee safety in harmful environments
3.1.1.3. Increasing investments in major end-user industries
3.1.2. Market Restraint
3.1.2.1. Lack of common open standards
3.1.3. Market Opportunities
3.1.3.1. Growing focus of governments worldwide on energy conservation
Chapter 4. Global  Explosion-proof lighting Market  Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political 
4.2.2. Economical
4.2.3. Social 
4.2.4. Technological 
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global  Explosion-proof lighting Market , by Type
5.1. Market Snapshot 
5.2. Global  Explosion-proof lighting Market  by   Product Type, Performance - Potential Analysis
5.3. Global  Explosion-proof lighting Market  Estimates & Forecasts by type  2018-2027 (USD Million)
5.4.  Explosion-proof lighting Market , Sub Segment Analysis
5.4.1. High Bay & Low Bay
5.4.2. Linear
5.4.3. Flood
Chapter 6. Global  Explosion-proof lighting Market , by light source
6.1. Market Snapshot 
6.2. Global  Explosion-proof lighting Market  by light source, Performance - Potential Analysis
6.3. Global  Explosion-proof lighting Market  Estimates & Forecasts by light source  2018-2027 (USD Million)
6.4.  Explosion-proof lighting Market , Sub Segment Analysis
6.4.1. LED
6.4.2. Fluorescent
6.4.3. Others
Chapter 7. Global  Explosion-proof lighting Market , by  End Use Industry 
a. Market Snapshot 
7.1. Global  Explosion-proof lighting Market  by  End use industry, Performance - Potential Analysis
7.2. Global  Explosion-proof lighting Market  Estimates & Forecasts by End use industry 2018-2027 (USD Million)
7.3.  Explosion-proof lighting Market , Sub Segment Analysis
7.3.1. Oil & Gas
7.3.2. Chemical & Pharmaceutical
7.3.3. Food & Beverage
7.3.4. Mining
7.3.5. Energy & Power
7.3.6. Others
Chapter 8. Global  Explosion-proof lighting Market , by  Hazardous Location 
b. Market Snapshot 
8.1. Global  Explosion-proof lighting Market  by Hazardous Location , Performance - Potential Analysis
8.2. Global  Explosion-proof lighting Market  Estimates & Forecasts by Hazardous Location 2018-2027 (USD Million)
8.3.  Explosion-proof lighting Market , Sub Segment Analysis
8.3.1. Zone 1
8.3.2. Zone 2
8.3.3. Others
Chapter 9. Global  Explosion-proof lighting Market , Regional Analysis
9.1.  Explosion-proof lighting Market , Regional Market Snapshot 
9.2. North America  Explosion-proof lighting Market  
9.2.1. U.S.  Explosion-proof lighting Market 
9.2.1.1. Type breakdown estimates & forecasts, 2018-2027
9.2.1.2. Light Source breakdown estimates & forecasts, 2018-2027
9.2.1.3. End use Industry breakdown estimates & forecasts, 2018-2027
9.2.1.4. Hazardous Location breakdown estimates & forecasts, 2018-2027
9.2.2. Canada  Explosion-proof lighting Market 
9.3. Europe  Explosion-proof lighting Market  Snapshot
9.3.1. U.K.  Explosion-proof lighting Market  
9.3.2. Germany  Explosion-proof lighting Market 
9.3.3. France  Explosion-proof lighting Market 
9.3.4. Spain  Explosion-proof lighting Market 
9.3.5. Italy  Explosion-proof lighting Market 
9.3.6. Rest of Europe  Explosion-proof lighting Market 
9.4. Asia-Pacific  Explosion-proof lighting Market  Snapshot
9.4.1. China  Explosion-proof lighting Market  
9.4.2. India  Explosion-proof lighting Market  
9.4.3. Japan  Explosion-proof lighting Market 
9.4.4. Australia  Explosion-proof lighting Market 
9.4.5. South Korea  Explosion-proof lighting Market 
9.4.6. Rest of Asia Pacific  Explosion-proof lighting Market 
9.5. Latin America  Explosion-proof lighting Market  Snapshot
9.5.1. Brazil  Explosion-proof lighting Market 
9.5.2. Mexico  Explosion-proof lighting Market 
9.6. Rest of The World  Explosion-proof lighting Market 
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1.  Phoenix Products Company Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2.  Hubbell Ltd.
10.2.3. Larson Electronics
10.2.4. Nordland Lighting
10.2.5. Zhejiang Tormin Electrical Co. Ltd.
10.2.6. R. STAHL, Inc.
10.2.7. Petro Middle East
10.2.8. Eaton
10.2.9. Brite Strike Technologies SA
10.2.10. Emerson Electric Co.
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

Global Explosion-proof Lighting Market is valued approximately at USD 301.7 million in 2020 and is anticipated to grow with a healthy growth rate of more than 6.7% over the forecast period 2021-2027. Explosion-proof lights are designed to separate sparks inside the device, preventing fires from spreading. During an explosion, this greatly reduces the risk of the explosive reaction spreading or sparking volatile substances in the environment. Although the products have a thick casing that covers the lamps, it should be noted that they are not airtight. Due to the design of the light, gas is forced to take a long, complicated route through different paths and channels in order to cool down to a safe temperature. Furthermore, increase in government regulations relate to safe lighting and rising investment by end use industries are driving the market growth in upcoming years. The oil and gas industry is the primary end-user of explosion-proof lighting, as any failure or damage to assets caused by an explosion will result in increased costs. The demand for new explosion-proof lighting in the oil and gas industry is expected to increase as a result of several ongoing oil and gas projects around the world, which will drive market growth during the forecast period. For instance, many companies around the world are focused on the exploration and production of oil and gas assets. Moscow, Russia’s capital, is taking new measures to encourage the oil and gas industry’s development, with the goal of doubling petrochemical output to around 20 million metric tons per year by 2030. Kuwait signed a USD 600 million offshore exploration contract with Halliburton (US) in July 2019, which might raise Kuwait’s oil production capacity by 100,000 barrels per day. However, Lack of common open standards, may impede market growth over the forecast period of 2021-2027.

Geographically, Asia-Pacific is expected to account for a significant market share due to the high industrial and infrastructure growth in the region and growing demand for energy-efficient lighting technologies. Major investments have also been made in the oil and gas, chemical and pharmaceutical, mining, and marine and shipbuilding industries in the region. Although raw materials are easily accessible in Asian countries such as India and China, the number of industrial facilities in the APAC region is rapidly growing. Companies from all over the world are looking to invest and develop their industrial bases in the APAC region, as it is one of the world’s fastest-growing innovation centres.

Major market player included in this report are:

Phoenix Products Company Inc.
Hubbell Ltd.
Larson Electronics
Nordland Lighting
Zhejiang Tormin Electrical Co. Ltd.
R. STAHL, Inc.
Petro Middle East
Eaton
Brite Strike Technologies SA
Emerson Electric Co.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
High Bay & Low Bay
Linear
Flood
By Light Source:
LED
Fluorescent
Others
By End use Industries
Oil & Gas
Chemical & Pharmaceutical
Food & Beverage
Mining
Energy & Power
Others
By hazardous Location:
Zone 1
Zone 2
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Explosion-proof Lighting Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


We offer 10% free customization including country-level data, niche applications and competitive landscape with every report. This also includes a 30 minute free analyst discussion post report purchase.

Full Name*

Business Email* (Please avoid generic email IDs such as gmail, yahoo)

Phone* (Please Affix Country Code)

Need specific market information? To get a customized report, please share your exact research requirements.



Loading…