Hazardous Area Equipment Market
Hazardous Area Equipment Market Analysis, By Product (Cable Glands & Accessories, Process Instruments, Industrial Controls, Motors, Strobe Beacons), By Connectivity (Wireless, Wired), By End Use, by Region - Global Forecast 2022 to 2026
Analysis of Hazardous Area Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Market Outlook of Hazardous Area Equipment
Sales of hazardous area equipment are anticipated to surge at a CAGR of 6.5% from 2022 to 2026. The global hazardous area equipment market, which stands at a valuation of US$ 6.5 billion in 2022, is predicted to reach US$ 8.7 billion by the end of 2026.
| Report Attributes | Details |
|---|---|
| Hazardous Area Equipment Market Size (2022) | US$ 6.5 Billion |
| Projected Year Value (2026F) | US$ 8.7 Billion |
| Global Market Growth Rate (2022 to 2026) | 6.5% CAGR |
| United States Market Value (2022) | US$ 1.7 Billion |
| Key Companies Profiled | Federal Signal Corporation; Honeywell International Inc.; NHP Electric Engineering Products; Tomar Electronics Inc.; Patlite Corporation; Potter Signal Co.; E2S Warning Signals; Eaton Corporation Plc; Emerson Electric Co.; R. Stahl AG; Rockwell Automation; Siemens AG; WERMA Signaltechnik GmbH + Co. KG; ABB Ltd. |
Consumption of hazardous area equipment is expected to rise at a higher CAGR of 7.4% in China, and this market is anticipated to be valued at US$ 799 million by 2026.
Rapid industrialization on a global scale has resulted in substantial increase in hazardous areas, and has subsequently driven demand for hazardous work equipment.
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Hazardous Area Equipment Demand Survey (2017 to 2021) in Comparison to Growth Forecast (2022 to 2026)
The world has witnessed an increase in industrialization and the number of industrial facilities established in the past few years. As industrialization is picking up pace in multiple regions it is also increasing the demand for industrial safety equipment.
Governments are imposing strict mandates to ensure the safety of workers in hazardous locations and this is expected to majorly boost demand for hazardous area devices and systems. Rising risks in multiple industries and increasing use of toxic chemicals are other factors that will favor the hazardous area equipment market growth across the forecast period.
High costs of deployment and lack of awareness of safety are two major factors that are restraining the global hazardous area equipment market potential.
Worldwide shipments of hazardous area equipment are predicted to increase at a CAGR of 6.5% from 2022 to 2026.
What is the Major Demand Driver for Hazardous Area Equipment?
“Increasing Concerns Regarding Occupational Safety to Drive Demand for Hazardous Area Systems”
Governments across the world have increased their focus on occupational safety in hazardous locations to avoid catastrophic outcomes that result in massive human losses.
This has led to strict mandates that have to be followed by employers to ensure the safety of employees working at the site. This trend is expected to prominently influence the consumption of hazardous area systems on a global scale.
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What Impact Does Cost of Hazardous Area Equipment Have on Industry Growth?
“High Costs of Hazardous Area Devices Constrains Market Potential”
Hazardous area devices and systems come at high costs and they also are accompanied by a hefty price tag for installation as well. This increases costs for employers and reduces their profit margins, and hence, they abstain from the deployment of these systems to save money.
Hazardous area equipment manufacturers are working on creating cost-effective solutions to boost adoption across all industry verticals.
Why Should Hazardous Area Equipment Manufacturers Focus on Europe?
“Europe Expected to Lead Global Hazardous Area Equipment Demand”
The market for hazardous area equipment in Europe is projected to be one of the most lucrative ones and this will majorly be driven by growing chemical manufacturing industries in this region. Growing pharmaceutical and energy industries are also expected to favor hazardous area equipment market potential over the coming years.
Rising concerns for occupational safety and stringent mandates by governments for the same are also expected to boost the adoption of hazardous area systems over the years to come. Shipments of hazardous area equipment in Germany are expected to expand at a CAGR of 4.6% throughout the forecast period. The chemical sector of France is also expected to boost the adoption of hazardous area systems in near future.
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How Will Sales of Hazardous Area Systems Perform in the Asian Region?
“China Will Lead Demand for Hazardous Area Devices in Asian Region”
The market for hazardous area equipment in South Asia and East Asia is expected to provide lucrative opportunities over the coming years owing to rapid industrialization and an increasing focus on occupational safety.
China is anticipated to be the most lucrative market for hazardous area equipment and is expected to rise at a CAGR of 7.4% throughout the forecast period and hold a market value of US$ 799 million in 2026.
India, South Korea, and Japan are anticipated to be other noteworthy markets in the aforementioned regions for hazardous area systems.
Country-wise Insights
How Will Hazardous Area Device Sales Shape Up in the U.S.?
“Presence of Multiple Industries to Boost Sales of Hazardous Area Devices”
The United States is home to multiple industries and is one of the key markets in the world. The nation is known for its rapid adoption of novel technologies and is expected to see high demand for hazardous area systems as the trend of automation in industries picks up pace.
The United States hazardous area equipment market is currently worth US$ 1.7 billion. Increasing focus on occupational safety by the government will drive boost sales of hazardous equipment in the nation through 2026.
Category-wise Insights
Which Safety Equipment Product is Set to Experience Highest Demand?
“Cable Glands & Accessories Account for Major Market Share”
The cable glands and accessories segment is projected to evolve at a CAGR of 7.8% from 2022 to 2026. The increasing need to ensure the safety of cables in an explosion-prone environment is expected to drive the demand in this segment across the forecast period.
Increasing demand for explosion-proof cables and cable glands from industries such as mining, processing, oil & gas, and manufacturing is expected to further bolster demand through 2026. The revenues from this segment are predicted to be worth US$ 2.7 billion by the end of the forecast period.
Will We See Higher Need for Industrial Controls?
“Industrial Controls to See High Demand through 2026”
The industrial controls segment is projected to attain a market worth of US$ 1.4 billion by the end of the forecast period. China is anticipated to be the fastest-growing market in the global landscape for industrial controls owing to rising adoption in the extensive manufacturing industries of the nation.
Motor control centers, electric motor control for hazardous locations, and explosion-proof industrial components are expected to see good growth in demand across the forecast period.
Did COVID-19 Hamper Sales of Hazardous Area Systems?
In 2020, the sudden emergence of coronavirus infections took the world by shock and created an adverse situation like never before. In order to contain the pandemic, multiple nations implemented nationwide lockdowns and closed borders. This resulted in the toppling of multiple markets and also had a negative impact on the global hazardous area equipment market as well.
Closure of multiple production facilities, shortage of raw materials, disrupted supply chains, lack of workforce, and lockdown restrictions caused a drop in sales of hazardous area devices. Uncertainty in the global economic landscape also caused many investors to back out of the hazardous area equipment market and this led to further loss of potential in 2020.
However, the hazardous area equipment market is projected to make a steady comeback in the post-pandemic era as the restrictions are lifted owing to decreasing coronavirus infections.
Competitive Landscape
Key hazardous area equipment companies are focusing on mergers, collaborations, partnerships, and acquisitions to expand their business scope on a global level and boost revenue generation.
- In September 2020, Siemens AG, a German multinational organization, announced the extension of its Customer Relationship Agreement with digital transformation leader Atos, which was initialized in 2011.
Key Segments Covered in Hazardous Area Equipment Industry Research
-
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
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2026
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, By Connectivity
- 6.1. Wireless
- 6.2. Wired
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by Product
- 7.1. Cable Glands & Accessories
- 7.2. Process Instruments
- 7.3. Industrial Controls
- 7.4. Motors
- 7.5. Strobe Beacons Other Products
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by End Use
- 8.1. Oil & Gas
- 8.2. Chemicals & Pharma
- 8.3. Energy & Power
- 8.4. Mining
- 8.5. Other End Uses
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2026, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2026
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Federal Signal Corporation
- 17.2. Honeywell International Inc.
- 17.3. NHP Electric Engineering Products
- 17.4. Tomar Electronics Inc.
- 17.5. Patlite Corporation
- 17.6. Potter Signal Co.
- 17.7. E2S Warning Signals
- 17.8. Eaton Corporation Plc
- 17.9. Emerson Electric Co.
- 17.10. R. Stahl AG
- 17.11. Rockwell Automation
- 17.12. Siemens AG
- 17.13. WERMA Signaltechnik GmbH + Co. KG
- 17.14. ABB Ltd.
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 2: Global Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 3: Global Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 4: Global Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 5: Global Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 6: Global Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 7: Global Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 8: Global Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 9: Global Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017 to 2021
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022 to 2026
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022 to 2026
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 16: North America Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 17: North America Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 19: North America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 20: North America Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 22: North America Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 23: North America Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 28: Latin America Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 29: Latin America Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 34: Latin America Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 35: Latin America Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 40: Europe Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 41: Europe Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 43: Europe Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 44: Europe Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 46: Europe Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 47: Europe Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 52: East Asia Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 53: East Asia Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 58: East Asia Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 59: East Asia Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022 to 2026
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2026
Table 76: MEA Market Value (US$ Mn) Analysis, by Connectivity, 2017 to 2021
Table 77: MEA Market Value (US$ Mn) Analysis, by Connectivity, 2022 to 2026
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Connectivity, 2022 to 2026
Table 79: MEA Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 80: MEA Market Value (US$ Mn) Analysis, by Product, 2022 to 2026
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2026
Table 82: MEA Market Value (US$ Mn) Analysis, by End Use, 2017 to 2021
Table 83: MEA Market Value (US$ Mn) Analysis, by End Use, 2022 to 2026
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End Use, 2022 to 2026
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List Of Figures
Figure 1: Global Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 2: Global Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 3: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 4: Global Market Incremental $ Opportunity, 2022 to 2026
Figure 5: Global Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 6: Global Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 7: Global Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 8: Global Market Share and BPS Analysis by Product, 2022 & 2026
Figure 9: Global Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 10: Global Market Attractiveness Analysis by Product, 2022 to 2026
Figure 11: Global Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 12: Global Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 13: Global Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2026
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022 to 2026
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2026
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 20: North America Market Incremental $ Opportunity, 2022 to 2026
Figure 21: North America Market Share Analysis by Country, 2022 & 2026
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 23: North America Market Attractiveness Analysis by Country, 2022 to 2026
Figure 24: North America Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 25: North America Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 26: North America Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 27: North America Market Share and BPS Analysis by Product, 2022 & 2026
Figure 28: North America Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 29: North America Market Attractiveness Analysis by Product, 2022 to 2026
Figure 30: North America Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 31: North America Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 32: North America Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 36: Latin America Market Incremental $ Opportunity, 2022 to 2026
Figure 37: Latin America Market Share Analysis by Country, 2022 & 2026
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 39: Latin America Market Attractiveness Analysis by Country, 2022 to 2026
Figure 40: Latin America Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 41: Latin America Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 42: Latin America Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 43: Latin America Market Share and BPS Analysis by Product, 2022 & 2026
Figure 44: Latin America Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 45: Latin America Market Attractiveness Analysis by Product, 2022 to 2026
Figure 46: Latin America Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 47: Latin America Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 48: Latin America Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 52: Europe Market Incremental $ Opportunity, 2022 to 2026
Figure 53: Europe Market Share Analysis by Country, 2022 & 2026
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 55: Europe Market Attractiveness Analysis by Country, 2022 to 2026
Figure 56: Europe Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 57: Europe Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 58: Europe Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 59: Europe Market Share and BPS Analysis by Product, 2022 & 2026
Figure 60: Europe Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 61: Europe Market Attractiveness Analysis by Product, 2022 to 2026
Figure 62: Europe Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 63: Europe Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 64: Europe Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 68: East Asia Market Incremental $ Opportunity, 2022 to 2026
Figure 69: East Asia Market Share Analysis by Country, 2022 & 2026
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 71: East Asia Market Attractiveness Analysis by Country, 2022 to 2026
Figure 72: East Asia Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 73: East Asia Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 74: East Asia Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 75: East Asia Market Share and BPS Analysis by Product, 2022 & 2026
Figure 76: East Asia Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 77: East Asia Market Attractiveness Analysis by Product, 2022 to 2026
Figure 78: East Asia Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 79: East Asia Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 80: East Asia Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022 to 2026
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2026
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2026
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product, 2022 & 2026
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product, 2022 to 2026
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End Use, 2022 to 2026
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022 to 2026
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017 to 2026
Figure 100: MEA Market Incremental $ Opportunity, 2022 to 2026
Figure 101: MEA Market Share Analysis by Country, 2022 & 2026
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2026
Figure 103: MEA Market Attractiveness Analysis by Country, 2022 to 2026
Figure 104: MEA Market Share and BPS Analysis by Connectivity, 2022 & 2026
Figure 105: MEA Market Y-o-Y Growth Projections by Connectivity, 2022 to 2026
Figure 106: MEA Market Attractiveness Analysis by Connectivity, 2022 to 2026
Figure 107: MEA Market Share and BPS Analysis by Product, 2022 & 2026
Figure 108: MEA Market Y-o-Y Growth Projections by Product, 2022 to 2026
Figure 109: MEA Market Attractiveness Analysis by Product, 2022 to 2026
Figure 110: MEA Market Share and BPS Analysis by End Use, 2022 & 2026
Figure 111: MEA Market Y-o-Y Growth Projections by End Use, 2022 to 2026
Figure 112: MEA Market Attractiveness Analysis by End Use, 2022 to 2026
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the hazardous area equipment market size in 2022?
In 2022, the global hazardous area equipment market is valued at US$ 6.5 billion.
What is the estimated value of the hazardous area equipment market?
The hazardous area systems market is projected to account for a revenue of US$ 8.7 billion by the end of 2026.
At what CAGR will the hazardous area equipment market expand through 2026?
From 2022 to 2026, the market for hazardous area equipment is anticipated to progress at a high CAGR 6.5%.
What is majorly driving demand for hazardous area equipment?
Increasing focus on occupational safety and stringent mandates to regulate the same will majorly drive demand for hazardous area equipment through 2026.
What is the U.S. hazardous area equipment market value at present?
The market for hazardous area equipment in the U.S. accounts for US$ 1.7 billion in 2022.
What statistics are revealed for China in the study?
Demand for hazardous area equipment in China is projected to rise at a CAGR of 7.4% and reach US$ 799 million by 2026.
Hazardous Area Equipment Market